Press release
Next-Generation Firewall Market Size to Hit US$ 10.4 Billion by 2028 | CAGR of 12.5%
According to the latest report by IMARC Group, titled "Next-Generation Firewall Market: Global Industry Trends, Size, Share Growth, Opportunity and Forecast 2023-2028," the global next-generation firewall (NGFW) market size reached US$ 5.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.4 Billion by 2028, exhibiting a growth rate (CAGR) of 12.5% during 2023-2028.Next-generation firewall (NGFW) represents a network security device that manages and secures data transmitted from servers, routers, and switches. It is usually integrated with intrusion prevention as well as cloud-delivered threat intelligence and utilizes whitelists or signature-based intrusion detection systems (IDS) to distinguish between unwanted and safe applications. In addition to this, the next-generation firewall uses both dynamic and static virtual private network (VPN) support and packet filtering to ensure that all connections between the network, internet, and firewall are secure and valid. Consequently, it finds extensive applications in various industries, including government and public sector, banking, financial services and insurance (BFSI), retail, healthcare, education, information technology (IT), energy, manufacturing, etc.
Request Free Sample Report: https://www.imarcgroup.com/next-generation-firewall-market/requestsample
Market Trends
Next-generation firewall (NGFW) represents a network security device that manages and secures data transmitted from servers, routers, and switches. It is usually integrated with intrusion prevention as well as cloud-delivered threat intelligence and utilizes whitelists or signature-based intrusion detection systems (IDS) to distinguish between unwanted and safe applications. In addition to this, the next-generation firewall uses both dynamic and static virtual private network (VPN) support and packet filtering to ensure that all connections between the network, internet, and firewall are secure and valid. Consequently, it finds extensive applications in various industries, including government and public sector, banking, financial services and insurance (BFSI), retail, healthcare, education, information technology (IT), energy, manufacturing, etc.
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/next-generation-firewall-market
List of Key Companies Covered in this Market Report:
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 geography.
Breakup by Type:
Solutions
Hardware Solutions
Software Solutions
Services
System Integration Services
Consulting Services
Support and Maintenance Services
Training and Education Services
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
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
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 can provide it to you as a part of the customization.
Related Report by IMARC Group:
Workforce Management Market Report: https://www.imarcgroup.com/workforce-management-market
Edge Computing Market Report: https://www.imarcgroup.com/edge-computing-market
Artificial Intelligence Market Report: https://www.imarcgroup.com/artifical-intelligence-market
Payroll Outsourcing Market Report: https://www.imarcgroup.com/payroll-outsourcing-market
Digital Map Market Report: https://www.imarcgroup.com/digital-map-market
Application Delivery Controller Market Report: https://www.imarcgroup.com/application-delivery-controller-market
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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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