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Next Generation Firewall Market Size 2020 | Industry Growth, Share, Trends, Demand and Future Scope 2025

08-11-2020 11:45 AM CET | IT, New Media & Software

Press release from: IMARC Group

Next generation firewall (NGFW) stands for the third generation of network firewall that manages and secures data transmission process. It is typically integrated with intrusion prevention and cloud-delivered threat intelligence. The firewall utilizes whitelists or signature-based intrusion detection systems (IDS) to assess safe and unsafe applications. NGFW can use both dynamic and static packet filtering to enhance network connection security.

Request for a free sample copy of this report: https://www.imarcgroup.com/next-generation-firewall-market/requestsample

The high prevalence of cyberattacks and pervasive use of the Internet-of-Things (IoT) across various industries are augmenting the demand for NGFW. Additionally, the growing adoption of NGFW in several organizations for data security against the risk of data thefts, is also driving the market growth. The increasing penetration of smartphones, social media, and cloud services has augmented the demand for high-end data security solutions. Furthermore, the rising need to secure sensitive data, payment gateways, and transaction portals, along with the widespread adoption of digital currency, has raised the demand for NGFW in the BFSI sector. Moreover, several technological innovations have led to the introduction of highly configurable and scalable NGFW systems, thereby bolstering the market. In the coming years, the rising governmental investments to improve cybersecurity systems are anticipated to propel the next-generation firewall market.

Next Generation Firewall Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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

The report has segmented the market on the basis of type, deployment type, security type, organization size end-user and region.

Breakup by Type:
• Solutions
o Hardware Solutions
o Software Solutions
• Services
o System Integration Services
o Consulting Services
o Support and Maintenance Services
o Training and Education Services
o Managed Services

Breakup by Deployment Type:
• Cloud-based
• On-premises

Breakup by Security Type:
• Firewall
• Unified Threat Management
• Network Security
• Identity Based Security
• Others

Breakup by Organization Size:
• Small and Medium Enterprises (SMEs)
• Large Enterprises

Breakup by Vertical:
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecom
• Government and Public Utilities
• Retail
• Education
• Healthcare
• Energy and Utilities
• Others

Explore full report with table of contents: https://www.imarcgroup.com/next-generation-firewall-market

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report:
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IMARC Group
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Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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