Press release
Next Generation Firewall Market Size – 2.39 Bn in 2017 to $ 4.27 Bn by 2022
Next Generation Firewall Market
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Increasing adoption of BYOD and IoT trend is expected to drive the NGFW market
The Next-Generation Firewall (NGFW) market size is estimated to grow from USD 2.39 billion in 2017 to USD 4.27 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.3%.
The NGFW market is driven by factors such as increased adoption of BYOD and IoT trend, increasing internal and external threats, and high functionalities of NGFW solutions. However, the presence of traditional firewalls may restrict the NGFW market growth. The NGFW systems perform various security functions, such as Deep Packet Inspection (DPI), Intrusion Detection System/Intrusion Prevention System (IDS/IPS), application control, packet filtering, email security, threat protection using sandboxing, along with all the capabilities of the traditional firewalls.
Cloud appliances segment is expected to grow at the highest CAGR during the forecast period
The NGFW market by solution includes hardware, virtual, and cloud-based solutions. The cloud appliances segment in the NGFW solution market is expected to have the highest CAGR during the forecast period. Cloud-based deployment of NGFW solutions is increasing due to the increased adoption of cloud computing technology across various organizations.
Next-Generation Firewall Market Analysis, By Component
Introduction
Solutions
Hardware
Virtual
Cloud-Based
Services
Professional Services
Consulting
Support and Maintenance
Training and Education
System Integration
Managed Services
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Fundamentals of Table of Content:
7 Next-Generation Firewall Market Analysis, By Organization Size
7.1 Introduction
7.2 Small and Medium-Sized Enterprises
7.3 Large Enterprises
8 Next-Generation Firewall Market Analysis, By Vertical
8.1 Introduction
8.2 Banking, Financial Services, and Insurance
8.3 Retail
8.4 IT and Telecommunications
8.5 Government and Public Utilities
8.6 Healthcare
8.7 Energy and Utilities
8.8 Education
8.9 Others
11 Company Profiles
(Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, MnM View)*
11.1 Cisco Systems, Inc.
11.2 Check Point Software Technologies Ltd
11.3 Palo Alto Networks, Inc.
11.4 Barracuda Networks, Inc
11.5 Fortinet, Inc.
11.6 Sonicwall Inc.
11.7 Zscaler, Inc.
11.8 Forcepoint LLC
11.9 Juniper Networks
11.10 Hillstone Networks
11.11 Sophos, Ltd
11.12 Gajshield Infotech (I) Pvt. Ltd
*Details on Business Overview, Product Offerings & Business Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
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