Worldwide Market Reports

What Are the Different Trends in Next-Generation Firewall Market to Boost Its Growth? Cisco Systems, Sonicwall


Seattle, WA -- (SBWIRE) -- 09/27/2019 -- A recent market study announced "Next-Generation Firewall Market: Global Industry Analysis and Forecast 2019 – 2025" consists of a comprehensive assessment of the most important market dynamics. By conducting a thorough research on the historical as well as current growth parameters of the Next-Generation Firewall market, the growth prospects of the market are obtained with maximum precision. The Global Next-Generation Firewall Market was valued at USD 2.25 billion in 2016 and is projected to reach USD 6.60 billion by 2025, growing at a CAGR of 12.65% from 2017 to 2025.

A Next-Generation Firewall (NGFW) is a part of the third generation of firewall technology, combining a traditional firewall with other network device filtering functionalities, such as an application firewall using in-line deep packet inspection (DPI), an intrusion prevention system (IPS). Benefits of next-generation firewall include â€" application awareness, multi-functional, streamlined infrastructure, have high network speed, and provide threat protection.

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Prominent industry players:
1. Cisco Systems, Inc.
2. Sonicwall Inc.
3. Palo Alto Networks, Inc.
4. Zscaler, Inc.
5. Barracuda Networks, Inc
6. Forcepoint LLC
7. Check Point Software Technologies Ltd.
8. Juniper Networks, Inc.
9. Fortinet, Inc.
10. Hillstone Networks
11. Gajshield Infotech (I) Pvt. Ltd.
12. Sophos, Ltd

Next-Generation Firewall Market Segmentation:
The Next-Generation Firewall aims to categorize entire worldwide market into various segments for better understanding. This has been done based on numerous parameters including product type, service type, application, end use, technology, geographical region, etc. This provides detailed description of each segments which may help readers to understand the market into smaller parts of it. The study provides insights in relevance with several components of each segment including market share, revenue, past performance, growth drivers, future outlook and more.

Market Dynamics:
1. Market Drivers
1.1 Rising single vendor firewall deployment
1.2 Growing opportunities in virtual NGFW
1.3 Increasing adoption of NGFW solutions
1.4 Growing internal and external threats
2. Market Restraints
2.1 Increasing cost of NGFW systems
2.2 Competition with traditional firewalls
2.3 Increasing adoption of UTM solutions in small and medium businesses

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Market Segmentation:
The Global Next-Generation Firewall Market is segmented on the basis of organization size, component, application, and region.
1. By Organization Size:
1.1 Large Companies
1.2 Small and Medium Businesses

2. By Component:
2.1 Solution
2.1.1 Virtual
2.1.2 Hardware
2.1.3 Cloud
2.2 Service
2.2.1 Managed Service
2.2.2 Professional Service
2.2.3 System Integration
2.2.4 Training and Education
2.2.5 Consulting Service
2.2.6 Support and Maintenance

3. By Application:
3.1 Government
3.2 IT and Telecommunications
3.3 Banking, Financial Services, and Insurance (BFSI)
3.4 Retail
3.5 Healthcare
3.6 Education
3.7 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players. In the end the Next-Generation Firewall Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims. Finally, Next-Generation Firewall market manufacturer report gives you details about the market research findings and conclusion which helps you to develop profitable market strategies to gain competitive advantage. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

*The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

*Report helps the venture capitalist in understanding the companies better and take informed decisions.

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the Next-Generation Firewall market.
2. Complete coverage of all the segments in the Next-Generation Firewall market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global Next-Generation Firewall market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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