Next-Generation Firewall Market Analysis: Cisco Systems, Fortinet, Inc., Check Point Software, Palo Alto Networks, Barracuda Networks, Forcepoint, Zscaler, Juniper Networks, Watch Guard Technologies, Sophos

The Global Next-Generation Firewall Market accounted for USD 1.90 billion in 2016 growing 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.
Firewall in simple terms acts as a barrier to prevent unauthorized access or malicious traffic within a system or in a network. The rapid growth of new innovative technology and alongside with the massive growth of new security threat, the traditional firewall is not enough to compete. To deal with these changes, vendors in the enterprise firewall market have created a new generation of firewall devices dubbed the Next Generation Firewall or NGFW.
A next-generation firewall (NGFW) is a hardware or software-based network security system that is able to detect and block sophisticated attacks by enforcing security policies at the application level, as well as at the port and protocol level.

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Features Taking Next Generation Firewall Markets are:
• Application Awareness
• Identity Awarenes
• Centralized Management, Administration, Logging and Reporting
• State-full Inspection
• Deep Packet Inspection
• Integrated IPS
• Able to monitor SSL or other encrypted traffic
• Integration with other security solutions
• Inbuilt Antivirus and Anti-Bot solution

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 effective investments.

Competitors:
• Cisco Systems
• Fortinet.Inc.
• Check Point Software
• Palo Alto Networks
• Barracuda Networks
• Forcepoint
• Zscaler
• Juniper Networks
• Watch Guard Technologies
• Sophos Ltd.
• NGFW

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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

Segmentation:
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.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.

Some of the key research methodologies used by DBMR research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.

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