IMARC Group

Next-Generation Firewall Market 2022-2027 Size, Share, Growth, Analysis, Trends and Forecast


According to the latest report by IMARC Group, titled “Next-Generation Firewall Market: Global Industry Trends, Size, Share Growth, Opportunity and Forecast 2022-2027,” The global next-generation firewall (NGFW) market reached a value of US$ 4.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2027, exhibiting a CAGR of 13.83% during 2022-2027. We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Next-generation firewall (NGFW) represents a network security device that manages and secures data transmitted from servers, routers, and switches. It is usually integrated with intrusion prevention as well as cloud-delivered threat intelligence and utilizes whitelists or signature-based intrusion detection systems (IDS) to distinguish between unwanted and safe applications. In addition to this, the next-generation firewall uses both dynamic and static virtual private network (VPN) support and packet filtering to ensure that all connections between the network, internet, and firewall are secure and valid. Consequently, it finds extensive applications in various industries, including government and public sector, banking, financial services and insurance (BFSI), retail, healthcare, education, information technology (IT), energy, manufacturing, etc. Request Free Sample Report: https://www.imarcgroup.com/next-generation-firewall-market/requestsample Market Trends Next-generation firewall (NGFW) represents a network security device that manages and secures data transmitted from servers, routers, and switches. It is usually integrated with intrusion prevention as well as cloud-delivered threat intelligence and utilizes whitelists or signature-based intrusion detection systems (IDS) to distinguish between unwanted and safe applications. In addition to this, the next-generation firewall uses both dynamic and static virtual private network (VPN) support and packet filtering to ensure that all connections between the network, internet, and firewall are secure and valid. Consequently, it finds extensive applications in various industries, including government and public sector, banking, financial services and insurance (BFSI), retail, healthcare, education, information technology (IT), energy, manufacturing, etc. Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/next-generation-firewall-market List of Key Companies Covered in this Market Report: Barracuda Networks Inc. Check Point Software Technologies Cisco Systems Forcepoint LLC Fortinet Inc. Gajshield Infotech Pvt Ltd. Hillstone Networks Co. Juniper Networks Inc. Palo Alto Networks Inc. Sonicwall Inc. Sophos Ltd. Zscaler Inc The report has segmented the market on the basis of type, deployment type, security type, organization size end-user and geography. Breakup by Type: Solutions Hardware Solutions Software Solutions Services System Integration Services Consulting Services Support and Maintenance Services Training and Education Services Managed Services Breakup by Deployment Type: Cloud-based On-premises Breakup by Security Type: Firewall Unified Threat Management Network Security Identity Based Security Others Breakup by Organization Size: Small and Medium Enterprises (SMEs) Large Enterprises Breakup by Vertical: Banking, Financial Services, and Insurance (BFSI) IT and Telecom Government and Public Utilities Retail Education Healthcare Energy and Utilities Others Breakup by Geography: North America (U.S. & Canada) Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others) Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others) Latin America (Brazil, Mexico) Middle East & Africa Key highlights of the report: Market Performance (2016-2021) Market Outlook (2022- 2027) Porter’s Five Forces Analysis Market Drivers and Success Factors SWOT Analysis Value Chain Comprehensive Mapping of the Competitive Landscape If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact US IMARC Group 30 N Gould St Ste R Sheridan, WY 82801 USA – Wyoming Email: Sales@imarcgroup.com Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800