Next-Generation Firewall Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The next generation firewall is the culmination of the existing firewall technologies with other filtering technologies, for example, IPS (intrusion prevention system) and DPI (in-line deep packet inspection). The advantages of having a next-generation firewall market include streamlined infrastructure, application awareness, threat protection as well as high-speed network.

MARKET DYNAMICS

The increasing IoT trends are the crucial aspect of the rise in the market revenue of Next-Generation Firewall as well as increasing internal & external threats and high functionalities of the NGFW solutions will foster market growth. However, there are certain restraints and challenges faced which will hinder the market growth. The high price of systems is anticipated to restrict market growth in the coming few years. Besides, the high adoption of UTM solutions in SMEs and SOHO's is also a major limiting factor for the market.

MARKET SCOPE

The "Global Next-Generation Firewall Market Analysis to 2031" is a specialized and in-depth study of the next-generation firewall market with a special focus on the global market trend analysis. The report aims to provide an overview of next-generation firewall market with detailed market segmentation by component, organization size, vertical. The global next-generation firewall market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading next-generation firewall market player and offers key trends and opportunities in the next-generation firewall market.

MARKET SEGMENTATION

The global next-generation firewall market is segmented on the basis of component, organization size, vertical. On the basis of component, market is segmented as solution, service. On the basis of organization size, market is segmented as small and medium enterprises, large enterprise. On the basis of vertical, market is segmented as retail, IT and telecom, government and public utilities, healthcare, energy and utilities, education, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global next-generation firewall market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The next-generation firewall market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting next-generation firewall market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the next-generation firewall market in these regions.

MARKET PLAYERS

The reports cover key developments in the next-generation firewall market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from next-generation firewall market are anticipated to lucrative growth opportunities in the future with the rising demand for next-generation firewall market. Below mentioned is the list of few companies engaged in the next-generation firewall market.

The report also includes the profiles of key next-generation firewall market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Cisco Systems, Inc
  
•   Fortinet, Inc.
  
•   Check Point Software
  
•   Palo Alto Networks
  
•   Barracuda Networks
  
•   Forcepoint
  
•   Zscaler
  
•   Juniper Networks
  
•   WatchGuard Technologies
  
•   Sophos Ltd
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Next-Generation Firewall Report Scope