Global Next-Generation Firewall Market Size, Share and Forecast 2021-2027
The global next-generation firewall market is anticipated to grow at a significant CAGR during the forecast period. The next-generation firewall (NGFW) has new features such as in-line deep packet inspection (DPI), application-level traffic inspection, and intrusion prevention (IPS). The expansion of the global next-generation firewall market is fueled by an increase in the IoT-based complex threat landscape, an increase in the number of data breach incidents, and a surge in demand for NGFW solutions backed by severe government laws for data safety and security.
Due to the increase in demand for advanced cyber security solutions, the emergence of an IoT-based complex threat landscape, and the enforcement of severe government data security rules are driving the global next-generation firewall market. Additionally, performance concerns related to next-generation firewall solutions in cloud protection, and scarcity of trained specialists will further boost the market's growth. Furthermore, the market is expected to benefit from the increase in digital security spending as well as the emergence of the firewall as a service during the forecast period.
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Cyberattacks have become more sophisticated, according to more than
two-thirds of SMBs. Cybercriminals have access to various plug-and-play
options, which are typically pieced together for complex malware campaigns.
Exploit builder kits, such as GrandCab and ThreadKit, are updated daily with
the latest attack tactics, rendering traditional security technologies
ineffective in defending enterprises and their data. To address the issue of
data breaches, governments around the globe have implemented several efforts in
the form of rules. The goal of this cyber security legislation is to make it
mandatory for businesses to protect their systems and data from intrusions.
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The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
Segment Covered-
·
By
Solution
·
By Service
·
By
Vertical
·
Competitive Landscape: Barracuda Networks, Check Point, Cisco Syatems
Inc., Forcepoint, Fortinet, Huawei.
Key questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominates the market in base year?
·
Which segment and region will project fastest growth in the market?
·
How COVID-19 impacted the market?
Ø Recovery Timeline
Ø Deviation from pre-COVID forecast
Ø Most affected region and segment
·
Who is the
leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where is
the investment opportunity?
A
full Report of Global Next-Generation Firewall Market is Available
at: https://www.omrglobal.com/industry-reports/next-generation-firewall-market
Global Next-Generation Firewall Market by
Segments
By Solution
·
Hardware
·
Virtual
·
Cloud
By Service
·
Professional
Service
·
Consulting
Service
·
Support
and Maintenance
·
Training
and Education
·
System
Integration
·
Managed
Service
By Vertical
·
Banking,
Financial Services, and Insurance (BFSI)
·
Retail
·
IT and
Telecom
·
Government
and Public Utilities
·
Healthcare
Global
Next-Generation Firewall Market by Region
North
America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the
World
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1.
We cover more than 15 major industries, further segmented into more than
90 sectors.
2.
More than 120 countries are for analysis.
3.
Over 100+ paid data sources mined for investigation.
4.
Our expert research analysts answer all your questions before and after
purchasing your report.
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