Next-Generation Firewall Market is projected to reach USD 6.60 billion by 2025 - Top Competitor Growth Analysis Report

The Global Next-Generation Firewall Market was valued at USD 2.25 billion in 2016 and is projected to reach USD 6.60 billion by 2025, growing at a CAGR of 12.65% from 2017 to 2025.

The next generation firewall is the culmination of the existing firewall technologies with other filtering technologies, for example, IPS (intrusion prevention system) and DPI (in-line deep packet inspection). The advantages of having a next-generation firewall market include streamlined infrastructure, application awareness, threat protection as well as high-speed network.

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The growing internal and external threats have resulted in a rise in the adoption of next-generation firewall market solutions. These opportunities in the virtual next-generation firewall market are driving its market. The increasing competition with the traditional firewall systems, the adoption of UTM solutions in both small and medium businesses and the costliness of the next generation firewall market is restraining the growth of the market.

Competitive Landscape:

The major players in the market are as follows:

Cisco Systems, Inc.
Sonicwall Inc.
Palo Alto Networks, Inc.
Zscaler, Inc.
Barracuda Networks, Inc
Forcepoint LLC
Check Point Software Technologies Ltd.
Juniper Networks, Inc.
Fortinet, Inc.
Hillstone Networks
Gajshield Infotech (I) Pvt. Ltd.
Sophos, Ltd

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