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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Next-Generation Firewall Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Next-Generation Firewall Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Next-Generation Firewall Overall Market Size
2.1 Global Next-Generation Firewall Market Size: 2022 VS 2031
2.2 Global Next-Generation Firewall Market Size, Prospects & Forecasts: 2019-2031
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Next-Generation Firewall Players in Global Market
3.2 Top Global Next-Generation Firewall Companies Ranked by Revenue
3.3 Global Next-Generation Firewall Revenue by Companies
3.4 Top 3 and Top 5 Next-Generation Firewall Companies in Global Market, by Revenue in 2022
3.5 Global Companies Next-Generation Firewall Product Type
3.6 Tier 1, Tier 2 and Tier 3 Next-Generation Firewall Players in Global Market
3.6.1 List of Global Tier 1 Next-Generation Firewall Companies
3.6.2 List of Global Tier 2 and Tier 3 Next-Generation Firewall Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Next-Generation Firewall Market Size Markets, 2022 & 2031
4.1.2 Hardware Type
4.1.3 Virtual Type
4.1.4 Cloud Type
4.2 By Type - Global Next-Generation Firewall Revenue & Forecasts
4.2.1 By Type - Global Next-Generation Firewall Revenue, 2019-2024
4.2.2 By Type - Global Next-Generation Firewall Revenue, 2024-2031
4.2.3 By Type - Global Next-Generation Firewall Revenue Market Share, 2019-2031
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Next-Generation Firewall Market Size, 2022 & 2031
5.1.2 Financial Services
5.1.3 Medical Authorities
5.1.4 Education Authorities
5.1.5 Retail
5.1.6 Manufacturing
5.1.7 IT
5.1.8 Energy
5.1.9 Other
5.2 By Application - Global Next-Generation Firewall Revenue & Forecasts
5.2.1 By Application - Global Next-Generation Firewall Revenue, 2019-2024
5.2.2 By Application - Global Next-Generation Firewall Revenue, 2024-2031
5.2.3 By Application - Global Next-Generation Firewall Revenue Market Share, 2019-2031
6 Sights by Region
6.1 By Region - Global Next-Generation Firewall Market Size, 2022 & 2031
6.2 By Region - Global Next-Generation Firewall Revenue & Forecasts
6.2.1 By Region - Global Next-Generation Firewall Revenue, 2019-2024
6.2.2 By Region - Global Next-Generation Firewall Revenue, 2024-2031
6.2.3 By Region - Global Next-Generation Firewall Revenue Market Share, 2019-2031
6.3 North America
6.3.1 By Country - North America Next-Generation Firewall Revenue, 2019-2031
6.3.2 US Next-Generation Firewall Market Size, 2019-2031
6.3.3 Canada Next-Generation Firewall Market Size, 2019-2031
6.3.4 Mexico Next-Generation Firewall Market Size, 2019-2031
6.4 Europe
6.4.1 By Country - Europe Next-Generation Firewall Revenue, 2019-2031
6.4.2 Germany Next-Generation Firewall Market Size, 2019-2031
6.4.3 France Next-Generation Firewall Market Size, 2019-2031
6.4.4 U.K. Next-Generation Firewall Market Size, 2019-2031
6.4.5 Italy Next-Generation Firewall Market Size, 2019-2031
6.4.6 Russia Next-Generation Firewall Market Size, 2019-2031
6.4.7 Nordic Countries Next-Generation Firewall Market Size, 2019-2031
6.4.8 Benelux Next-Generation Firewall Market Size, 2019-2031
6.5 Asia
6.5.1 By Region - Asia Next-Generation Firewall Revenue, 2019-2031
6.5.2 China Next-Generation Firewall Market Size, 2019-2031
6.5.3 Japan Next-Generation Firewall Market Size, 2019-2031
6.5.4 South Korea Next-Generation Firewall Market Size, 2019-2031
6.5.5 Southeast Asia Next-Generation Firewall Market Size, 2019-2031
6.5.6 India Next-Generation Firewall Market Size, 2019-2031
6.6 South America
6.6.1 By Country - South America Next-Generation Firewall Revenue, 2019-2031
6.6.2 Brazil Next-Generation Firewall Market Size, 2019-2031
6.6.3 Argentina Next-Generation Firewall Market Size, 2019-2031
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Next-Generation Firewall Revenue, 2019-2031
6.7.2 Turkey Next-Generation Firewall Market Size, 2019-2031
6.7.3 Israel Next-Generation Firewall Market Size, 2019-2031
6.7.4 Saudi Arabia Next-Generation Firewall Market Size, 2019-2031
6.7.5 UAE Next-Generation Firewall Market Size, 2019-2031
7 Next-Generation Firewall Companies Profiles
7.1 Cisco Systems
7.1.1 Cisco Systems Company Summary
7.1.2 Cisco Systems Business Overview
7.1.3 Cisco Systems Next-Generation Firewall Major Product Offerings
7.1.4 Cisco Systems Next-Generation Firewall Revenue in Global Market (2019-2024)
7.1.5 Cisco Systems Key News & Latest Developments
7.2 Check Point Software Technologies
7.2.1 Check Point Software Technologies Company Summary
7.2.2 Check Point Software Technologies Business Overview
7.2.3 Check Point Software Technologies Next-Generation Firewall Major Product Offerings
7.2.4 Check Point Software Technologies Next-Generation Firewall Revenue in Global Market (2019-2024)
7.2.5 Check Point Software Technologies Key News & Latest Developments
7.3 Palo Alto Networks
7.3.1 Palo Alto Networks Company Summary
7.3.2 Palo Alto Networks Business Overview
7.3.3 Palo Alto Networks Next-Generation Firewall Major Product Offerings
7.3.4 Palo Alto Networks Next-Generation Firewall Revenue in Global Market (2019-2024)
7.3.5 Palo Alto Networks Key News & Latest Developments
7.4 Barracuda Networks
7.4.1 Barracuda Networks Company Summary
7.4.2 Barracuda Networks Business Overview
7.4.3 Barracuda Networks Next-Generation Firewall Major Product Offerings
7.4.4 Barracuda Networks Next-Generation Firewall Revenue in Global Market (2019-2024)
7.4.5 Barracuda Networks Key News & Latest Developments
7.5 Fortinet
7.5.1 Fortinet Company Summary
7.5.2 Fortinet Business Overview
7.5.3 Fortinet Next-Generation Firewall Major Product Offerings
7.5.4 Fortinet Next-Generation Firewall Revenue in Global Market (2019-2024)
7.5.5 Fortinet Key News & Latest Developments
7.6 Sonicwall
7.6.1 Sonicwall Company Summary
7.6.2 Sonicwall Business Overview
7.6.3 Sonicwall Next-Generation Firewall Major Product Offerings
7.6.4 Sonicwall Next-Generation Firewall Revenue in Global Market (2019-2024)
7.6.5 Sonicwall Key News & Latest Developments
7.7 Zscaler
7.7.1 Zscaler Company Summary
7.7.2 Zscaler Business Overview
7.7.3 Zscaler Next-Generation Firewall Major Product Offerings
7.7.4 Zscaler Next-Generation Firewall Revenue in Global Market (2019-2024)
7.7.5 Zscaler Key News & Latest Developments
7.8 Forcepoint
7.8.1 Forcepoint Company Summary
7.8.2 Forcepoint Business Overview
7.8.3 Forcepoint Next-Generation Firewall Major Product Offerings
7.8.4 Forcepoint Next-Generation Firewall Revenue in Global Market (2019-2024)
7.8.5 Forcepoint Key News & Latest Developments
7.9 Juniper Networks
7.9.1 Juniper Networks Company Summary
7.9.2 Juniper Networks Business Overview
7.9.3 Juniper Networks Next-Generation Firewall Major Product Offerings
7.9.4 Juniper Networks Next-Generation Firewall Revenue in Global Market (2019-2024)
7.9.5 Juniper Networks Key News & Latest Developments
7.10 Hillstone Networks
7.10.1 Hillstone Networks Company Summary
7.10.2 Hillstone Networks Business Overview
7.10.3 Hillstone Networks Next-Generation Firewall Major Product Offerings
7.10.4 Hillstone Networks Next-Generation Firewall Revenue in Global Market (2019-2024)
7.10.5 Hillstone Networks Key News & Latest Developments
7.11 Sophos
7.11.1 Sophos Company Summary
7.11.2 Sophos Business Overview
7.11.3 Sophos Next-Generation Firewall Major Product Offerings
7.11.4 Sophos Next-Generation Firewall Revenue in Global Market (2019-2024)
7.11.5 Sophos Key News & Latest Developments
7.12 Gajshield Infotech
7.12.1 Gajshield Infotech Company Summary
7.12.2 Gajshield Infotech Business Overview
7.12.3 Gajshield Infotech Next-Generation Firewall Major Product Offerings
7.12.4 Gajshield Infotech Next-Generation Firewall Revenue in Global Market (2019-2024)
7.12.5 Gajshield Infotech Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Next-Generation Firewall Market Opportunities & Trends in Global Market
Table 2. Next-Generation Firewall Market Drivers in Global Market
Table 3. Next-Generation Firewall Market Restraints in Global Market
Table 4. Key Players of Next-Generation Firewall in Global Market
Table 5. Top Next-Generation Firewall Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Next-Generation Firewall Revenue by Companies, (US$, Mn), 2019-2024
Table 7. Global Next-Generation Firewall Revenue Share by Companies, 2019-2024
Table 8. Global Companies Next-Generation Firewall Product Type
Table 9. List of Global Tier 1 Next-Generation Firewall Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Next-Generation Firewall Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Next-Generation Firewall Revenue, (US$, Mn), 2022 & 2031
Table 12. By Type - Next-Generation Firewall Revenue in Global (US$, Mn), 2019-2024
Table 13. By Type - Next-Generation Firewall Revenue in Global (US$, Mn), 2024-2031
Table 14. By Application ? Global Next-Generation Firewall Revenue, (US$, Mn), 2022 & 2031
Table 15. By Application - Next-Generation Firewall Revenue in Global (US$, Mn), 2019-2024
Table 16. By Application - Next-Generation Firewall Revenue in Global (US$, Mn), 2024-2031
Table 17. By Region ? Global Next-Generation Firewall Revenue, (US$, Mn), 2022 & 2031
Table 18. By Region - Global Next-Generation Firewall Revenue (US$, Mn), 2019-2024
Table 19. By Region - Global Next-Generation Firewall Revenue (US$, Mn), 2024-2031
Table 20. By Country - North America Next-Generation Firewall Revenue, (US$, Mn), 2019-2024
Table 21. By Country - North America Next-Generation Firewall Revenue, (US$, Mn), 2024-2031
Table 22. By Country - Europe Next-Generation Firewall Revenue, (US$, Mn), 2019-2024
Table 23. By Country - Europe Next-Generation Firewall Revenue, (US$, Mn), 2024-2031
Table 24. By Region - Asia Next-Generation Firewall Revenue, (US$, Mn), 2019-2024
Table 25. By Region - Asia Next-Generation Firewall Revenue, (US$, Mn), 2024-2031
Table 26. By Country - South America Next-Generation Firewall Revenue, (US$, Mn), 2019-2024
Table 27. By Country - South America Next-Generation Firewall Revenue, (US$, Mn), 2024-2031
Table 28. By Country - Middle East & Africa Next-Generation Firewall Revenue, (US$, Mn), 2019-2024
Table 29. By Country - Middle East & Africa Next-Generation Firewall Revenue, (US$, Mn), 2024-2031
Table 30. Cisco Systems Company Summary
Table 31. Cisco Systems Next-Generation Firewall Product Offerings
Table 32. Cisco Systems Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 33. Cisco Systems Key News & Latest Developments
Table 34. Check Point Software Technologies Company Summary
Table 35. Check Point Software Technologies Next-Generation Firewall Product Offerings
Table 36. Check Point Software Technologies Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 37. Check Point Software Technologies Key News & Latest Developments
Table 38. Palo Alto Networks Company Summary
Table 39. Palo Alto Networks Next-Generation Firewall Product Offerings
Table 40. Palo Alto Networks Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 41. Palo Alto Networks Key News & Latest Developments
Table 42. Barracuda Networks Company Summary
Table 43. Barracuda Networks Next-Generation Firewall Product Offerings
Table 44. Barracuda Networks Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 45. Barracuda Networks Key News & Latest Developments
Table 46. Fortinet Company Summary
Table 47. Fortinet Next-Generation Firewall Product Offerings
Table 48. Fortinet Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 49. Fortinet Key News & Latest Developments
Table 50. Sonicwall Company Summary
Table 51. Sonicwall Next-Generation Firewall Product Offerings
Table 52. Sonicwall Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 53. Sonicwall Key News & Latest Developments
Table 54. Zscaler Company Summary
Table 55. Zscaler Next-Generation Firewall Product Offerings
Table 56. Zscaler Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 57. Zscaler Key News & Latest Developments
Table 58. Forcepoint Company Summary
Table 59. Forcepoint Next-Generation Firewall Product Offerings
Table 60. Forcepoint Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 61. Forcepoint Key News & Latest Developments
Table 62. Juniper Networks Company Summary
Table 63. Juniper Networks Next-Generation Firewall Product Offerings
Table 64. Juniper Networks Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 65. Juniper Networks Key News & Latest Developments
Table 66. Hillstone Networks Company Summary
Table 67. Hillstone Networks Next-Generation Firewall Product Offerings
Table 68. Hillstone Networks Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 69. Hillstone Networks Key News & Latest Developments
Table 70. Sophos Company Summary
Table 71. Sophos Next-Generation Firewall Product Offerings
Table 72. Sophos Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 73. Sophos Key News & Latest Developments
Table 74. Gajshield Infotech Company Summary
Table 75. Gajshield Infotech Next-Generation Firewall Product Offerings
Table 76. Gajshield Infotech Next-Generation Firewall Revenue (US$, Mn) & (2019-2024)
Table 77. Gajshield Infotech Key News & Latest Developments
List of Figures
Figure 1. Next-Generation Firewall Segment by Type in 2022
Figure 2. Next-Generation Firewall Segment by Application in 2022
Figure 3. Global Next-Generation Firewall Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Next-Generation Firewall Market Size: 2022 VS 2031 (US$, Mn)
Figure 6. Global Next-Generation Firewall Revenue, 2019-2031 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Next-Generation Firewall Revenue in 2022
Figure 8. By Type - Global Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 9. By Application - Global Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 10. By Type - Global Next-Generation Firewall Revenue, (US$, Mn), 2022 & 2031
Figure 11. By Type - Global Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 12. By Application - Global Next-Generation Firewall Revenue, (US$, Mn), 2022 & 2031
Figure 13. By Application - Global Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 14. By Region - Global Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 15. By Country - North America Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 16. US Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 17. Canada Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 18. Mexico Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 19. By Country - Europe Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 20. Germany Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 21. France Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 22. U.K. Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 23. Italy Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 24. Russia Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 25. Nordic Countries Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 26. Benelux Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 27. By Region - Asia Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 28. China Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 29. Japan Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 30. South Korea Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 31. Southeast Asia Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 32. India Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 33. By Country - South America Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 34. Brazil Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 35. Argentina Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 36. By Country - Middle East & Africa Next-Generation Firewall Revenue Market Share, 2019-2031
Figure 37. Turkey Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 38. Israel Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 39. Saudi Arabia Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 40. UAE Next-Generation Firewall Revenue, (US$, Mn), 2019-2031
Figure 41. Cisco Systems Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 42. Check Point Software Technologies Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 43. Palo Alto Networks Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 44. Barracuda Networks Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 45. Fortinet Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 46. Sonicwall Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 47. Zscaler Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 48. Forcepoint Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 49. Juniper Networks Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 50. Hillstone Networks Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 51. Sophos Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)
Figure 52. Gajshield Infotech Next-Generation Firewall Revenue Year Over Year Growth (US$, Mn) & (2019-2024)