The Next-Generation Firewall Market to cross USD by 2024

Global Next-Generation Firewall Market is expected to reach USD 5.40 Billion by 2024 from USD 2.34 Billion in 2017 at a CAGR of 12.7%. This is a comprehensive global report focused on the current and future prospects of the Global Next-Generation Firewall Market.

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The report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro-environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Global Next-Generation Firewall Market has been done in order to calculate the growth rates for each segment and sub-segments.

The key driving factor for this market includes the growing adoption of IoT Trend, various function and advantages for the next level firewall systems. The growing opportunities for the growth of virtual next-generation firewall systems anticipate to lead the market share over the forecast period.

Geographically, the Global Next-Generation Firewall Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The swift growth of the market in the North America region is expected to be the fastest-growing region in the Global Next-Generation Firewall Market. The growth in the region attributes to the increasing adoption of IoT devices and BYOD technologies within organizations. Global Next-Generation Firewall Market

Key Highlights

  • The Scope of the study incorporates the Complete analysis with respect to individual growth trends.
  • Assessment of market definition along with the identification of key drivers, restraints opportunities for this market
  • Comprehensive analysis of factors that are instrumental in changing the market scenario, prospective opportunities, market shares, growth strategies along with identification of key companies are profiled.
  • Detail quantitative analysis of the current and future trends for the forecast period is profile.
  • Global Next-Generation Firewall Market analysis and segmentation with respect to the solution, services, organization size, vertical and geography.
  • Global Next-Generation Firewall Market analysis and forecast for five major geographies- North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with their key regions.

 The years that have been considered for the study are:

  • Base year – 2016
  • Estimated year – 2017
  • Forecast period – 2017 to 2024

Research Methodology

The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market.

This exercise was done at the country level to get a fair idea of the market in countries for this study. Later this country-specific data accumulates to come up with regional numbers and then arrive at the global market value for Global Next-Generation Firewall Market.

Global Next-Generation Firewall Market

Key players that influence the growth of the Global Next-Generation Firewall Market includes:

  • Check Point Software Technologies Ltd.
  • Barracuda Networks, Inc.
  • Sonicwall Inc.
  • Forcepoint LLC
  • Hillstone Networks
  • Gajsheild Infotech Pvt Ltd.
  • Cisco Systems, Inc.
  • Palo Alto Networks, Inc.
  • Portinet, Inc.
  • Zscaler, Inc.
  • Juniper Networks
  • Sophos, Ltd.

Key Target Audience

  • Government agencies
  • NGFW vendors
  • Cybersecurity vendors
  • Network solution providers
  • Consulting firms
  • Independent software vendors
  • System integrators
  • Information Technology (IT) security agencies
  • Value-Added Resellers (VARs)
  • Managed Security Service Providers

The scope of the Global Next-Generation Firewall Market:

Research report categorizes the Global Next-Generation Firewall Market based on the solution, services, organization size, vertical and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Next-Generation Firewall Market with key developments in companies and market trends

Global Next-Generation Firewall Market, by Solution:

  • Virtual
  • Hardware
  • Cloud

Global Next-Generation Firewall Market, by Services:

  • Consulting Services
  • Training & Education
  • Managed Services
  • Professional Services
  • Support & Maintenance
  • System Integration
  • On-Premises

Global Next-Generation Firewall Market, by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

Global Next-Generation Firewall Market, by Vertical:

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

Global Next-Generation Firewall Market, by Geographies:

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Geographic Analysis

  • Breakdown of North America Next-Generation Firewall Market
  • The Breakdown of the Europe Next-Generation Firewall Market
  • Breakdown of Asia Pacific Next-Generation Firewall Market
  • Breakdown of the Middle East & Africa Next-Generation Firewall Market
  • And, Breakdown of Latin America Next-Generation Firewall Market

Available Customization

 Maximize Market Research offers customization of the report and scope of the report according to the specific requirement of our clients.

https://www.maximizemarketresearch.com/market-report/global-next-generation-firewall-market/7394/

About Company Information

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

https://www.maximizemarketresearch.com

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