Global Next Generation Firewall Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Organization Size (Large Enterprises and SMEs), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Healthcare, Retail & eC

Global Next Generation Firewall Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Organization Size (Large Enterprises and SMEs), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Healthcare, Retail & eCommerce, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East)


Global next generation firewall market has been witnessing growth rapidly over the past few years. Factors such as rising need for advanced network security solutions amid the growing sophistication of cyber threats and increasing reliance on internet-based applications are boosting demand for next generation firewall solutions globally. Next generation firewalls offer advanced features as compared to traditional firewalls such as integrated IPS, application awareness and control, cloud-based security, and others. These ensure robust security for organizations against both known and unknown threats while also simplifying network management and security administration. With more organizations embracing digital transformation and storing critical data online, the need for next generation network security is expected to further accelerate in the near future.

Market Dynamics:

Global next generation firewall market is witnessing significant growth due to growing complexity of cyber threats and increasing dependence on web-based applications for business operations. However, high initial investment requirements for deployment of next generation firewalls is a major factor restraining market growth. Factors such as rising demand for cloud-based next generation firewall solutions as well as growing adoption of IoT devices are expected to offer lucrative growth opportunities for market players. The integration of advanced technologies including AI, machine learning and big data analytics in next generation firewall platforms also presents new opportunities. However, the complexity of managing hybrid network infrastructures and the need for constant upgradations could challenge the market's growth prospect to a certain degree over the forecast period.

Key features of the study:
  • This report provides in-depth analysis of the global next generation firewall market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global next generation firewall market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Cisco Systems, Juniper Networks, Fortinet, Palo Alto Networks, Barracuda Networks, Forcepoint, Zscaler, Watchguard Technologies, Sophos, Check Point Software Technologies, Hillstone Networks, Huawei Technologies, Untangle, Stormshield, SonicWall, NetGate, Smoothwall, Sangfor Technologies, Microsoft, and VMware
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, product up-gradation, market expansion, and marketing tactics
  • Global next generation firewall market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation:
  • By Component
  • Solution
  • Services
  • By Deployment
  • On-premises
  • Cloud
  • By Organization Size
  • Large Enterprises
  • SMEs
  • By Industry Vertical
  • BFSI
  • IT & Telecom
  • Government & Defense
  • Healthcare
  • Retail & eCommerce
  • Others
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Company Profiles:
  • Cisco Systems
  • Juniper Networks
  • Fortinet
  • Palo Alto Networks
  • Barracuda Networks
  • Forcepoint
  • Zscaler
  • Watchguard Technologies
  • Sophos
  • Check Point Software Technologies
  • Hillstone Networks
  • Huawei Technologies
  • Untangle
  • Stormshield
  • SonicWall
  • NetGate
  • Smoothwall
  • Sangfor Technologies
  • Microsoft
  • VMware


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Component
Market Snippet, By Deployment
Market Snippet, By Organization Size
Market Snippet, By Industry Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing demand for IoT devices
Aerospace and Defense
Advancements in Materials
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Next Generation Firewall Market, By Component, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Solution
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
5. Global Next Generation Firewall Market, By Deployment, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
On-premises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Cloud
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
6. Global Next Generation Firewall Market, By Organization Size, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Large Enterprises
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
SMEs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
7. Global Next Generation Firewall Market, By Industry Vertical, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
BFSI
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
IT & Telecom
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Government & Defense
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Retail & eCommerce
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global Next Generation Firewall Market, By Region, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Industry Vertical, 2018-2030, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East
9. Competitive Landscape
Cisco Systems
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Juniper Networks
Fortinet
Palo Alto Networks
Barracuda Networks
Forcepoint
Zscaler
Watchguard Technologies.
Sophos
Check Point Software Technologies
Hillstone Networks
Huawei Technologies
Untangle
Stormshield
SonicWall
NetGate
Smoothwall
Sangfor Technologies
Microsoft
VMware
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global Next Generation Firewall Market” - Global forecast to 2030

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