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Next-generation Firewall Market Size, Share & Forecast 2025 - Valuates Reports

05-14-2020 06:59 AM CET | IT, New Media & Software

Press release from: Valuates Reports

A next-generation firewall (NGFW) is a network security solution, which includes additional features beyond traditional firewalls such as application awareness & control, cloud-delivered threat intelligence, and integrated intrusion prevention. NGFWs possess capabilities to block the entry of malware into a network, and are considered better equipped to tackle advanced persistent threats (APTs). In addition, these firewalls are considered as a low-cost option for organizations focusing on their basic security, as this technology incorporates antiviruses and other security applications into a single solution.

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Increase in sophisticated cyberattacks, growth in IoT-based complex threat landscape, implementation of stringent government regulations toward data safety & security, and significant adoption of next-generation firewalls are some major factors, which drive the growth of the global next-generation firewall market. However, lack of cyber security skilled professionals and performance issues in cloud protection are expected to hinder the growth of the market. On the contrary, rise in cyber security spending and emergence of firewalls as a service are expected to present major opportunities for market growth during the forecast period.
The global next-generation firewall market is segmented based on component, type, organization size, industry vertical, and region. Based on components, it is bifurcated into solution and services. Depending on type, the market is divided into hardware, virtual, and cloud. On the basis of organization size, it is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into aerospace & defense, BFSI, public sector, retail, healthcare, IT & telecom, energy & utilities, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the market, including Barracuda Networks, Check Point, Cisco, Forcepoint, Fortinet, Huawei, Juniper Networks, Palo Alto Networks, SonicWall, and Sophos. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
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KEY BENEFITS FOR STAKEHOLDERS
o The study provides an in-depth analysis of the global next-generation firewall market along with the current & future trends to elucidate the imminent investment pockets.
o Information about key drivers, restrains, and opportunities and their impact analyses on the market size is provided in the report.
o Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
o The quantitative analysis of the global next-generation firewall market from 2017 to 2025 is provided to determine the market potential.

KEY MARKET SEGMENTS
BY Component
o Solution
o Services

By Type
o Hardware
o Virtual
o Cloud-based

By Organization Size
o Large Enterprises
o SMEs

By Industry Vertical
o Aerospace & Defense
o BFSI
o Public Sector
o Retail
o Healthcare
o IT & Telecom
o Energy & Utilities
o Manufacturing
o Others


BY REGION
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o France
o Russia
o Italy
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
o LAMEA
o Latin America
o Middle East
o Africa

Inquire for the Regional Report: https://reports.valuates.com/request/regional/ALLI-Auto-4C349/Next_generation_Firewall_Market

KEY MARKET PLAYERS
o Barracuda Networks
o Check Point
o Cisco
o Forcepoint
o Fortinet
o Huawei
o Juniper Networks
o Palo Alto Networks
o SonicWall
o Sophos

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About Us:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

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