|11-15-2018 02:04 PM CET - Business, Economy, Finances, Banking & Insurance||
Next-Generation Firewall Market 2018 Top Services by Cisco, Fortinet, Palo Alto Networks, Barracuda, Forcepoint, Zscaler, Juniper Networks, Check Point Software Technologies, Ltd.
Press release from: Data Bridge Market Research
Global Next-Generation Firewall market report is a window to the industry which explains what market definition, classifications, applications, engagements and market trends are. The Next-Generation Firewall Industry report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. The global Next-Generation Firewall market report also contains the drivers and restrains for the market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
The Global Next-Generation Firewall Market accounted for USD 1.90 billion at a CAGR of 13.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Key Strategies of leading players
• Enhance productivity and optimizing back end manufacturing processes
• Product enhancement through integrating new strategies involving big data, advanced analytics into traditional manufacturing processes
• Growing businesses through serving into new application areas and identifying pockets of growth in emerging markets
• Focusing on cost effective production of devices with stability and robustness
• Strategies for Product differentiation and adjusting to the life cycle changes
• Strengthening collaboration with suppliers and distributors
• More focused strategies are found in the report
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Next-Generation firewall is designed with features of a standard firewall in order to provide smarter and deeper inspection. Next- generation firewall is in demand due to its increased use of cloud services and outsourced as a service (SaaS) provider. It has its wide application in banking, financial services, and insurance, retail, IT and telecommunications, government and public utilities, healthcare, energy and utilities, education, and others. Increasing trend of IoT may act as the major driver in the growth of next-generation firewall market. On the other hand high cost involved may hinder the market.
Major Market Competitors: Global Next-Generation Firewall Market
Some of the major players of the global next-generation firewall market Cisco Systems, Fortinet, Inc., Check Point Software, Palo Alto Networks, Barracuda Networks, Forcepoint, Zscaler, Juniper Networks, Watch Guard Technologies, Sophos Ltd., NGFW service providers and others.
Major Market Drivers & Restraints:
• Increasing internal and external threats
• Increasing IoT trend
• High functionalities of the NGFW solutions
• High adoption of UTM solution in SMES and SOHOS
• High cost of NGFW systems
Market Segmentation: Global Next-Generation Firewall Market
• The global next-generation firewall market is segmented on the basis of component into solutions, services and managed services. The solutions segment is further sub segmented into hardware, virtual, cloud-based. The services segment is further sub categorized into professional services. The professional services segment is further sub segmented into consulting, support and maintenance, training and education, system integration.
• On the basis of organization size, the global next-generation firewall market is segmented into large enterprises, small and medium-sized enterprises.
• On the basis of vertical, the global next-generation firewall market is segmented into banking, financial services, and insurance, retail, IT and telecommunications, government and public utilities, healthcare, energy and utilities, education, and others.
• On the basis of geography, global enterprise key management market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Company Share Analysis:
The report for global next-generation firewall market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Next-Generation Firewall market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Reasons for Buying this Report
• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth
• It provides a 6 year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Customization: We can offer customization in the report and get research data or trends added in the report as per the buyer's specific needs.
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