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Next-Generation Firewall Market, Global Outlook and Forecast 2024-2031

Increasing adoption of BYOD and IoT trend is expected to drive the NGFW market.
This report aims to provide a comprehensive presentation of the global market for Next-Generation Firewall, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Next-Generation Firewall. This report contains market size and forecasts of Next-Generation Firewall in global, including the following market information:
Global Next-Generation Firewall Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Next-Generation Firewall market was valued at US$ 3267.3 million in 2023 and is projected to reach US$ 4984.8 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
APAC is expected to grow at the highest CAGR during the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Next-Generation Firewall companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Next-Generation Firewall Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Next-Generation Firewall Market Segment Percentages, by Type, 2023 (%)
Hardware Type
Virtual Type
Cloud Type
Global Next-Generation Firewall Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Next-Generation Firewall Market Segment Percentages, by Application, 2023 (%)
Financial Services
Medical Authorities
Education Authorities
Retail
Manufacturing
IT
Energy
Other
Global Next-Generation Firewall Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Next-Generation Firewall Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Next-Generation Firewall revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Next-Generation Firewall revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cisco Systems
Check Point Software Technologies
Palo Alto Networks
Barracuda Networks
Fortinet
Sonicwall
Zscaler
Forcepoint
Juniper Networks
Hillstone Networks
Sophos
Gajshield Infotech
Outline of Major Chapters:
Chapter 1: Introduces the definition of Next-Generation Firewall, market overview.
Chapter 2: Global Next-Generation Firewall market size in revenue.
Chapter 3: Detailed analysis of Next-Generation Firewall company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Next-Generation Firewall in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.