Next Generation Firewall (NGFW) Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

The Next Generation Firewall (NGFW) Market size is expected to grow at an annual average of CAGR 11% during 2022-2028. Next-generation firewall (NGFW) is a third-generation firewall technology that performs traditional firewall functions along with advanced network device filtering such as application firewalls that utilize deep packet inspection (DPI), an intrusion prevention system (IPS). It is a hardware and software-based network security system that detects and blocks attacks by in-depth inspection of packets for system security. Next-generation firewalls can be defined as log collection, archiving, processing and reporting processes. These logs are generated by multiple devices such as router firewalls, servers, routers, and switches. NGFW solutions can be hardware, virtual or cloud based. The NGFW solution handles huge amounts of computer-generated log data.

The following segmentation are covered in this report:

By Deployment Type:

• Cloud-based
• On-premises

By Security Type:

• Firewall
• Unified Threat Management
• Network Security
• Identity Based Security
• Others

Company Profile

• Barracuda Networks, Inc.
• Check Point Software Technologies Ltd.
• Forcepoint LLC
• Fortinet, Inc.
• GajShield Infotech (India) Pvt. Ltd.
• Hillstone Networks
• Juniper Networks, Inc.
• Palo Alto Networks, Inc.
• SonicWall, Inc.

Scope of the report

The research study analyses the Next Generation Firewall (NGFW) Market  industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Next Generation Firewall (NGFW) Market Report

• What was the Next Generation Firewall (NGFW) Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Next Generation Firewall (NGFW) Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Next Generation Firewall (NGFW) Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.