next-generation firewall Market is expected to grow with a CAGR of 11.02% from 2023 to 2030.
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This report describes the global market size of next-generation firewall Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 11.02% from 2023 to 2030.
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A next-generation firewall belongs to the third generation of firewall technology and is built with intelligent, context-aware security capabilities to address advanced security threats at the application level. It combines conventional firewall features like stateful inspection and packet filtering with additional technologies that let people and companies to choose the internet content they view more wisely. The demand for next-generation firewall solutions and services is being driven by elements like the internet of things (IoT)'s quick uptake and the expansion of internal and external threats across devices.
Due to the COVID-19 pandemic and Russia-Ukraine war influence, the global market for next-generation firewall Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 11.02% during the forecast period 2023-2030. North American market for next-generation firewall Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
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For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each region are also included such as United States, China, Japan, India, Korea, Germany, France, UK, Italy, Spain, and Brazil etc.
For competitor segment, the report includes global key players of next-generation firewall Market as well as some small players. The information for each competitor includes:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Component
Solution
Hardware
Virtual
Cloud-based
Services
Professional Services
Managed Services
The market is divided into solution and services based on components. In 2021, the solution segment's revenue share was 62.5%, which was the highest. This market's expansion is primarily attributable to organisations' rising need for cutting-edge security solutions as a result of an increase in cyberattacks and an increased requirement to protect sensitive data.
During the projection period, the services segment is anticipated to develop at the quickest rate of XX%. The need for firewall services is anticipated to rise in the next years as worries about data security and cyberthreats continue to rise.
By Enterprise Size
Large Size Enterprises
Small and Medium Size Enterprises (SMEs)
In 2021, the large size enterprises market had the highest revenue share at 67.3%. The desire to increase productivity, promote flexibility and agility by maintaining firewall security, and safeguard organisations from cyberattacks that might potentially interrupt business processes are some of the factors contributing to the growth of this market. The category of small and medium-sized businesses (SMEs) is anticipated to develop at the fastest rate over the projection period, at XX%. It can be explained by the growing tendency of small and medium-sized businesses to use cloud platforms to speed up laborious procedures, increase scalability, improve decision-making, and cut costs without implementing adequate security measures.
By End-User Industry
BFSI
Retail
领英推荐
IT & Telecommunication
Healthcare
Energy & Utilities
Manufacturing
Government
Others
Due to increased adoption of next-generation firewall solutions and services to stop cyberattacks on financial data on the cloud or any virtual platform, the banking and finance industry is likely to drive demand for next-generation firewalls, which accounted for the largest revenue share of 18.9% in 2021. During the projection period, the government segment is anticipated to have XX% considerable increase. The rising use of cloud platforms by government organisations is credited with driving up demand for next-generation firewalls, which are necessary to stop fraud and data breaches.
By Region
North America
APAC
Europe
South America
Middle East & Africa
A 34.5% market share in 2021 was held by North America, which was driven by factors like an increase in financial fraud and cyberattack incidents. During the forecast period, Asia Pacific is anticipated to have the quickest CAGR of XX%. The adoption of IoT devices, cloud platforms, and the expansion of cybersecurity requirements by the government are pushing the market for next-generation firewall in the area.
By Company
思科 .
Fortinet , Inc.
Zscaler , Inc.
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