#next-generation firewall

Next-generation firewall market is set to witness a healthy CAGR of 13.40% in the forecast period of 2020 to 2026. Next-generation firewall can be defined as a process of collecting, archiving, managing and reporting logs. These logs are generated from various devices, including routers, servers, routers, and switches for firewalls.

Major Market Players

Few of the major competitors currently working in the global next-generation firewall market are Fortinet, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Palo Alto Networks, Inc., Barracuda Networks, Inc., Forcepoint, Zscaler, Inc., Juniper Networks, Inc., WatchGuard Technologies, Inc., Sophos Ltd., GajShield Infotech (I) Pvt. Ltd., Hillstone Networks, Huawei Technologies Co., Ltd., SonicWall, NVIDIA Corporation, Untangle, Alibaba Cloud and others.

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The next-generation firewall (NGFW) refers to third-generation network firewall innovation, integrating premium characteristics such as in-line deep packet inspection (DPI) and intrusion prevention (IPS), application-level traffic inspection capacities.

Segmentation: Global Next-Generation Firewall Market

·         By Solution (Hardware, Virtual, Cloud-based)

·         By Service (Professional Service, Managed Service)

·         By Organization Size (Small and Medium-sized Enterprises, Large Enterprises)

·         By Vertical (BFSI, Retail, IT and Telecom, Government and Public Utilities, Healthcare, Energy and Utilities, Education, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis

Global next-generation firewall market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next-generation firewall market for Global, Europe, North America, Asia Pacific and South America.

Market Drivers:

·         Increasing adoption of bring your own device (BYOD) in organizations is driving the growth of the market

·         Internal and external threats to an organization are rising rapidly due to advancement in technology

·         High functionalities of the NGFW solutions is fueling the market growth

·         An increasing number of electronic devices are getting connected to the internet, including, smart TVs, mobile devices, among others

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Market Restraints:

·         High cost of NGFW solutions will restraint the market expansion

·         Rising adoption of unified threat management (UTM) solutions in small and medium sized enterprises hinders the market growth

·         The increasing competition with the traditional firewall systems is restraining the market growth

Key Insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Content Delivery Network (CDN) Market

Next-generation firewall market is set to witness a healthy CAGR of 13.40% in the forecast period of 2020 to 2026. Next-generation firewall can be defined as a process of collecting, archiving, managing and reporting logs. These logs are generated from various devices, including routers, servers, routers, and switches for firewalls.

Major Market Players

Few of the major competitors currently working in the global next-generation firewall market are Fortinet, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Palo Alto Networks, Inc., Barracuda Networks, Inc., Forcepoint, Zscaler, Inc., Juniper Networks, Inc., WatchGuard Technologies, Inc., Sophos Ltd., GajShield Infotech (I) Pvt. Ltd., Hillstone Networks, Huawei Technologies Co., Ltd., SonicWall, NVIDIA Corporation, Untangle, Alibaba Cloud and others.

Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-next-generation-firewall-market

The next-generation firewall (NGFW) refers to third-generation network firewall innovation, integrating premium characteristics such as in-line deep packet inspection (DPI) and intrusion prevention (IPS), application-level traffic inspection capacities.

Segmentation: Global Next-Generation Firewall Market

·         By Solution (Hardware, Virtual, Cloud-based)

·         By Service (Professional Service, Managed Service)

·         By Organization Size (Small and Medium-sized Enterprises, Large Enterprises)

·         By Vertical (BFSI, Retail, IT and Telecom, Government and Public Utilities, Healthcare, Energy and Utilities, Education, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis

Global next-generation firewall market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next-generation firewall market for Global, Europe, North America, Asia Pacific and South America.

Market Drivers:

·         Increasing adoption of bring your own device (BYOD) in organizations is driving the growth of the market

·         Internal and external threats to an organization are rising rapidly due to advancement in technology

·         High functionalities of the NGFW solutions is fueling the market growth

·         An increasing number of electronic devices are getting connected to the internet, including, smart TVs, mobile devices, among others

For More Inquiry Contact us at: @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-next-generation-firewall-market

Market Restraints:

·         High cost of NGFW solutions will restraint the market expansion

·         Rising adoption of unified threat management (UTM) solutions in small and medium sized enterprises hinders the market growth

·         The increasing competition with the traditional firewall systems is restraining the market growth

Key Insights in the report:

·         Complete and distinct analysis of the market drivers and restraints

·         Key Market players involved in this industry

·         Detailed analysis of the Market Segmentation

·         Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Content Delivery Network (CDN) Market

The global next-generation firewall market is expected to reach USD 5.5 billion by 2025, growing at a CAGR of 12.4% during the forecast period. Introduction of virtual next-generation firewall providing security to the virtual network will be a key opportunity for the global NGFW market in near future.  

Government and public utilities are expected to account the largest market share by 2025

On the basis of industry vertical, the market is segmented into banking, financial services, and insurance (BFSI), retail, IT and telecommunications, government and public utilities, healthcare, energy and utilities, and others. Government and public utilities are expected to account the largest market share by 2025. However, BFSI is expected to grow at fastest rate during the forecast period.

Geography Insight

Geographically, North America followed by Europe is the largest next-generation firewall market in terms of revenue. Being home of several large economies and financially and technologically advanced region, these regions captures a major market share of NGFW.

Competitive Insight

Some of the key players operating in the next-generation firewall market are Cisco Systems, Inc., Check Point Software Technologies Ltd, Palo Alto Networks, Inc., Barracuda Networks, Inc., Fortinet, Inc., Sonicwall Inc., Zscaler, Inc., Forcepoint LLC, Juniper Networks, Hillstone Networks, Sophos Ltd., and Gajshield Infotech (I) Pvt. Ltd.

Key Takeaway from the Report:

Among all the component, solution segment captures highest market share in 2019.

Of all the delivery type, cloud-based firewall is the fastest growing delivery type in the next-generation firewall market.

Among all the services, the professional service segment accounted for a larger share in the next-generation firewall market in 2019.

Among all the organization size, SMEs is expected to accounted for larger market share in 2019

Of all industry, government and public utilities are expected to account the largest market share by 2025.

The Report Offers:

Historical market estimate for the years 2015–2019 and forecast for the years 2020–2025

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players