The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Demand for enhanced cyber security solutions is likely to promote innovation in next-generation firewall manufacturing, propelling the market during the forecast period.

The global next-generation firewall market is expected to grow from $4.17 billion in 2022 to $4.63 billion in 2023 at a compound annual growth rate (CAGR) of 10.96%. The global next-generation firewall market size is expected to reach $7.03 billion in 2027 at a CAGR of 11.02%.

Get A Free Sample On The Global Next-Generation Firewall Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9279&type=smp

 Global Next-Generation Firewall Market Segments Include:

• By Component: Solution, Services
• By Type: Hardware, Virtual, Cloud-Based
• By Services: Professional Service, Managed Service, Support And Maintenance, Training And Education, Consulting Service, System Integration, Other Services
• By Enterprise Size: Large Size Enterprises, Small And Medium Sized Enterprises (SMEs)
• By Industry Vertical: BFSI, Retail, IT And Telecommunication, Healthcare, Energy And Utilities, Manufacturing, Government, Other Industry Verticals
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global next-generation firewall market in 2021.

Major Market Players in the next-generation firewall market include Cisco Systems Inc., Barracuda Networks Inc., Check Point Solution Technologies Ltd., Juniper Networks Inc., Huawei Technologies Co. Ltd., Palo Alto Networks.

Product innovation is a prevalent trend in the next-generation firewall industry. Major players in the next-generation firewall industry are focusing on producing a new product to increase their market position. For example, Fortinet Cybersecurity Corporation, a US-based firm that develops and sells cybersecurity products, will debut FortiGate 3500F, its latest next-generation firewall for hybrid data centres, in August 2021. The FortiGate 3500F is designed for hybrid data centres and includes automatic threat protection post-decryption, zero trust network access (ZTNA), and proxy capabilities. Along with additional security features such as anti-virus, mail security, anti-DDoS, IPS, and anti-malware solutions, the FortiGate 3500F is the industry’s first to communicate natively with FortiGuard Security Services.

The Next-Generation Firewall Global Market Report 2023  provides a next-generation firewall market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The next-generation firewall market forecast analyzes next-generation firewall market size, next-generation firewall market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Deep-packet inspection firewalls that go beyond simple port or protocol inspection and blocking to incorporate application-level inspection, intrusion prevention, and the utilisation of external intelligence are referred to as next-generation firewalls. Layer 7 application filtering is available in next-generation firewalls, as is deep packet filtering, which can even detect and block shady behaviour.

Explore Similar Reports From The Business Research Company:

Network Security Firewall Global Market Report 2023

Next Generation Sequencing Global Market Report 2023

Firewall As A Service Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: