The global Next-Generation Firewall Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2023-2032. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Next-Generation Firewall market include AhnLab, Inc., Barracuda Networks, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., FireEye, Inc., Forcepoint LLC, Fortinet, Inc., Hillstone Networks, Inc., Huawei Technologies Co., Ltd., IBM Corporation, Juniper Networks, Inc., McAfee, LLC, Palo Alto Networks, Inc., Seqrite (A division of Quick Heal Technologies Limited), SonicWall Inc., Sophos Group PLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The evolving cyber threat landscape, including sophisticated malware, ransomware attacks, and advanced persistent threats (APTs), has heightened the need for robust and adaptive security solutions to defend against emerging cyber threats and vulnerabilities. NGFWs offer advanced security features such as application-aware filtering, intrusion prevention, SSL inspection, and threat intelligence integration, providing enhanced visibility, control, and protection for network traffic and applications. This fundamental requirement for proactive threat detection and prevention drives market adoption among enterprises, government agencies, and organizations seeking to strengthen their cybersecurity posture and diminish the risk of data breaches and cyber-attacks. Additionally, advancements in NGFW technology, such as machine learning algorithms, behavioral analytics, and cloud-based security services, have led to developing next-generation firewalls that offer improved detection accuracy, performance scalability, and operational efficiency, driving market innovation and differentiation.
Moreover, the growing adoption of cloud computing, mobile devices, and IoT (Internet of Things) endpoints has expanded the attack surface and complexity of network security, driving market demand for NGFW solutions that provide seamless integration, centralized management, and unified threat visibility across distributed networks and hybrid cloud environments. Furthermore, the increasing regulatory compliance requirements, data privacy regulations, and industry standards such as PCI DSS (Payment Card Industry Data Security Standard) and GDPR (General Data Protection Regulation) have prompted organizations to invest in NGFW solutions as part of their compliance and risk management strategies, driving market growth and investment in cybersecurity technologies. Additionally, the impact of remote work trends, digital transformation initiatives, and the proliferation of SaaS (Software as a Service) applications has increased market demand for flexible and agile NGFW solutions that can adapt to dynamic business environments and evolving security threats, further driving market expansion and penetration in the next-generation firewall market. However, increasing cyber threats, changes in regulatory standards, and competition from alternative cybersecurity solutions may challenge the next-generation firewall market growth in the coming years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of next-generation firewall. The growth and trends of next-generation firewall industry provide a holistic approach to this study.
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Market Segmentation
This section of the next-generation firewall market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Hardware (Physical Appliances, Network Interface Cards (Nics))
- Software (Firewall Software, Threat Intelligence Software, Management Software)
- Service (Professional, Managed)
By Deployment Model
- On-Premises
- Cloud-Based
By Organization Size
- Smes
- Large Enterprises
By Application
- Network Security
- Application Control
- Content Filtering
- Threat Intelligence
- Management And Reporting
By End Use
- BFSI
- IT & Telecom
- Healthcare
- Manufacturing
- Government
- Retail & Ecommerce
- Energy & Utilities
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Next-Generation Firewall market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Detailed study on Next-Generation Firewall Market by MarketsandMarkets™ provides broad analysis on the basis of Types, Applications and key players which is useful for better decision making.According to a new market research report "Next-Generation Firewall Market by Delivery Type (Hardware, Virtual, Cloud), Service (Professional (Consulting, Support and Maintenance, System Integration), and Managed), Organization Size, Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the NGFW Market size expected to grow from USD 2.39 Billion in 2017 to USD 4.27 Billion by 2022 at CAGR of 12.3%.
Browse in-depth TOC on "Next-Generation Firewall Market” 62- Tables 57- Figures 136- PagesNext-generation firewall is a process of collecting, archiving, managing, and reporting the logs, which are generated from various devices, such as firewalls, routers, servers, and switches.
The main objective of NGFW is to track the security events and network activities.
With proper NGFW solutions, an organization can effectively manage logs while ensuring the integrity and improved business continuity.
NGFW helps organizations to protect networks, endpoints, and applications from various malicious attacks, sophisticated cybercriminals, ransomware, and Advanced Persistent Threats (APTs).
The market for services segment is growing, as the individuals, SMEs, and large enterprises are concerned about the secured accesses to their networking devices.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32240698The BFSI vertical is expected to grow at the highest CAGR in the NGFW MarketThe Banking, Financial Services, and Insurance (BFSI) vertical is expected to contribute to the largest market share in the NGFW Market.
There are a number of components to look when choosing the right network infrastructure security system for your business.
One of the most basic yet incredibly effective, options is the managed next generation firewall.
Firewalls are an excellent choice for networks that use the internet, an internet and regular access to the internet for everyday business operations.Visit: https://activictnetworks.blogspot.com/2020/07/protect-your-network-infrastructure_10.html
When you own something valuable, the first question that pops up is how to protect it best is never far from your mind.
Vulnerability scanning tools are automated equipment that enables you to check if your networks, systems, and applications have hidden security vulnerabilities that could unveil them to cyber-attacks.
The vulnerability scanning system has several products and tools that cover different types of assets and offer additional features — the combined processes of scanning procedure is related to identifying, classifying and mitigating security weakness inside the system.
These scanning processes provide insight into how staff members use permissions to help identify vulnerabilities that an insider attack may use to gain access to servers and other essential applications.
External Scans: The external scanning process mainly focuses on online and connected assets, such as remote access ports, employee login pages, etc.
Organisations can scan specific applications to understand how vulnerabilities might impact their availability and uptime, depending on which systems are affected.
