Global Next-Generation Firewall Market Size is estimated to expand rapidly in coming years, at a CAGR of 12.85 % from 2018 to 2025. In 2017, the global market valuation was USD 2.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Next generation is advanced firewalls, which are designed with combining traditional firewalls with network device filtering functionalities which provide, malware filtration, networking security, protection to OSI layer. These firewalls are implemented in various software and hardware. Cybersecurity, increasing IoT trends, increasing internal as well as are key factors affecting the growth of next generation firewall market. Geographically, Asia Pacific region is expected to be the highest growing region in the market of global next generation firewall.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global next generation firewall market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global next generation firewall market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Delivery Insights: On the basis of delivery, global next generation firewall market has been segmented into hardware, virtual, cloud. Among which hardware based next generation firewall projected high share in forecast period and is expected to maintain its dominance in further period too. Furthermore, cloud-based next generation firewall are expected to grow at a significant CAGR during the forecast period, owing to efficient capabilities of firewalls.

By Vertical Insights: On the basis of class of vertical, global next generation firewall market has been segmented into BFSI, IT and telecom, defense, and others. The global next-generation firewall industry was dominated by the BFSI industry and is projected to maintain its dominance during the forecast period. BFSI segment need to install fire wall systems due to security threats for smart banking, internet banking, and mobile banking.

Regional Analysis

The global next generation firewall market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region Asia Pacific region is expected to witness high growth in the market in upcoming time period. Owing to rise in digital security needs among developing countries such as China, South Korea, India, and Taiwan in the Asia Pacific region is expected to impact the global market in forecast period. North America is expected to witness high growth in upcoming time span due to high demand of high cyber security spending among financial organizations and significant adoption of BYOD, Cloud and IoT based security services. Europe is anticipated to dominate the global next generation firewall market over the projected period majorly owing to high development of smart cities in the region, better technological connectivity and highly cost-effective business strategies.

Global Next-Generation Firewall Market Size, Share Analysis By Region 2017

Global Next-Generation Firewall Market Study Objective

1. To forecast the market size of next generation firewall market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2 Market analysis and forecast of next generation firewall market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of next generation firewall market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of next generation firewall market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the next generation firewall market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions

Key Players Landscape

Barracuda Networks, Check Point, Cisco, Forcepoint, Fortinet, Huawei, Juniper Networks, Palo Alto Networks, SonicWall, and Sophos are some of the key players in the market of next-generation firewall.

Global Next-Generation Firewall Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.