Next-Gen Firewall Market

Market Insights on Next-Gen Firewall covering sales outlook, demand forecast & up-to-date key trends

Next-Gen Firewall Market by Type, Enterprise Size, Industry & Region | Forecast 2023 to 2033

Next-Gen Firewall Market Outlook 2023 to 2033

The next-gen firewall market revenue totalled ~US$ 3.3 Billion in 2022. The sales in the next-gen firewall market are expected to reach ~US$ 8.5 billion by 2033, at 9.1% CAGR between 2023 and 2033.

Next-Gen Firewall Market Value (2022)	US$ 3.3 Billion
Next-Gen Firewall Market Value (2033)	US$ 8.5 Billion
Next-Gen Firewall Market Value (2023)	US$ 3.5 Billion
Next-Gen Firewall Market Growth Rate (2023 to 2033)	9.1 % CAGR
Top 5 Vendor Market Share	Around 35%

Next-gen firewall market currently represents about 20% of sales of total network security market. Demand in the next-gen firewall market is gaining traction as it offers multi-layered protection by inspecting network traffic and understanding the nature of data transfer.

The next-gen firewall includes ransomware protection, spam protection, and antivirus along with endpoint security capabilities for the protection of enterprise data. Increasing modern cyber-attacks and advanced hacking methods are driving the demand for next-gen firewalls among enterprises for better security.

The next-gen firewall includes an intrusion protection system and intrusion detection system that helps in detecting attacks based on threat signatures, anomalous activities, and traffic behavioural analysis.

Market Statistics	Details
Jan-Jun (H1), 2021 (A)	8.8%
Jul-Dec (H2), 2021 (A)	9.0%
Jan-Jun (H1),2022 Projected (P)	9.1%
Jan-Jun (H1),2022 Outlook (O)	9.3%
Jul-Dec (H2), 2022 Outlook (O)	9.5%
Jul-Dec (H2), 2022 Projected (P)	9.3%
Jan-Jun (H1), 2023 Projected (P)	9.6%
BPS Change: H1,2022 (O) - H1,2022 (P)	(+)20
BPS Change: H1,2022 (O) - H1,2021 (A)	(-) 49
BPS Change: H2, 2022 (O) - H2, 2022 (P)	(+)20
BPS Change: H2, 2022 (O) - H2, 2022 (A)	(+)50

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2018 to 2022 Next-Gen Firewall Demand Outlook Compared to 2023 to 2033 Forecast

The next-gen firewall demand is estimated to grow at 9.1% CAGR between 2022 and 2033 in comparison to 7.0% CAGR recorded during historic period of 2018 to 2022. Growth is underpinned with the adoption of advanced firewall over traditional firewall.

Traditional firewalls were limited to data link layer and transport layer in OSI model. In addition to this, traditional firewall typically blocks common application ports or service on a network for controlling application access and monitor specific network security threats.

With complex network connectivity and multiple ports usage for various applications it is difficult for traditional firewalls to identify the targeted port. To overcome this challenge, the adoption of next-gen firewall is increasing as it includes intrusion detection system and protection system for improved packet-content filtering of network traffic.

Physical NGFW appliance segment in global next-gen firewall market is estimated to have dominating market share of 66.7% in 2022. Regionally, North America is currently dominating the global market owing to high adoption of network security solutions among enterprises.

How is the Adoption of Next Generation Security Solutions Boosting the Market?

The adoption of security solutions for the next generation helps to improve the company’s product and operational efficiencies. Next-generation endpoint security uses machine learning, artificial intelligence (AI), and tighter integration of networks to offer more comprehensive and adaptive protection.

Next-gen security solutions incorporate real-time analysis of user and system behavior to analyse executables. Existing security technologies moving in the direction of context-aware computing technology, allows companies to identify advanced threats.

System failures in IT infrastructure can cause a payment failure that interrupts global business, while network connection loss affects government services like law enforcement. This factor is expected to create potential opportunities for next-gen firewall vendors over the forecast period.

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How is the Increasing Rate of Cyber Threats Affecting the Sales in the Market?

Internet-based cybersecurity tools can be accessed and are widely used for protecting cloud-based applications. More usage of the internet increases the possibility of data breaches and simple manipulation of data, which is not possible in the internal security system.

As a result, businesses are not adopting internet-based security solutions or disclosing internet tools for firewall management. Clear and multifactor safety solutions are offered by providers for an adequate level of protection.

It is also necessary for businesses to consider future DoS (Denial-of-Service) attacks. However, without proper protective measures and solutions, it is relatively difficult to identify these attacks by security analytics solutions.

Hence, demand for next-gen firewall systems is expected to increase to maintain robust and efficient security systems.

Country-wise Insights

Why is Demand for Next-Gen Firewall increasing in the USA?

Burgeoning Need for Defense Against Cyber-Attacks to Boost Next-Gen Firewall System Demand

The next-gen firewall demand in the USA is expected to account for nearly 78.6% of North America market share through 2033. In the USA, next-gen firewall providers are focusing on offering intrusion detection and prevention system for identifying and analysing irregular deviation from cyber-attacks.

These players are focusing on small and medium organizations for securing their applications on the cloud at a considerably low cost. These players also offer network security solutions and various strong authentication systems.

They are also offering integration services for existing platforms for managing and centralizing data related to emails, access and other business assets.

How Big is the Opportunity for Next-Gen Firewall in the United Kingdom?

Next-Gen Firewall Providers Offers Security Compliance Solutions to Enterprises to Gain Revenue

Europe is predicted to remain one of the most attractive markets during the forecast period. According to the study, the United Kingdom is estimated to grow by 3.2X during the forecast period.

Countries in Europe are aggressively adopting security solutions in order to ensure the safety and integrity of critical information related to citizens. In the United Kingdom enterprises are implementing encryption solutions along with the adoption of security compliance to reduce potential data breaches with regard to emails.

Moreover, companies are regularly updating security solutions such as network security, data loss prevention, and other security measures to improve data integrity over the cloud.

How will the Sales Prospects for Next-Gen Firewall Unfold in Japan?

“Booming IT Sector in Japan to Create Conducive Environment for Next-Gen Firewall Market”

Sales in Japan are estimated to grow at an impressive rate of around 12.4% CAGR between 2023 and 2033. In Japan, the adoption of network security solutions is growing at a high rate. Dependence on networks is rising and this has led to a surge in adoption of network security solutions.

Due to businesses growing at a robust pace, complexity in IT infrastructure is also increasing. Hence, companies are unable to manage and control. As a result, large and small & medium enterprises in the Japan are adopting network security solutions to combat cyber threats.

Country	BPS Change (H2'22 (O) - H2'22 (P))
India	(+)26
Singapore	(+)25
France	(+)23
UAE	(+)21
Germany	(+)19

The rapidly increasing adoption of cloud services in India drove the BPS change of (+)26 BPS units for H2’22(O)-H2’22(P). Singapore saw a BPS change of (+)25 units because as cyber threats continue to evolve, organizations in Singapore are investing in NGFWs to protect their networks and data from cyber attacks

France witnessed a BPS change of (+)23 units because of the increasing need for advanced network security, regulatory compliance, and the growth of cloud computing and Internet of Things (IoT) deployments.

As UAE has made significant investments in cybersecurity in recent years due to the increasing number of cyber-attacks targeting the region allowed the market to witness a BPS change of (+)21 units.

The strict data privacy regulations such as the General Data Protection Regulation (GDPR) in Europe drove the BPS change of (+)19 market in Germany.

Category-wise Insights

Why is the Demand for Virtual Appliance increasing?

Virtual Next-Gen Firewall Appliance to Remain Highly Sought-After

In terms of type, the virtual NGFW appliance segment is expected to showcase a higher market share in the coming years. This segment is predicted to create an absolute $ opportunity of US$ 1,717.0 billion by the end of 2033.

The adoption of virtual appliances is witnessing high growth in private and public cloud deployments due to their scalability, automated provisioning, and security policy management in private clouds.

Virtual appliance inspects traffic and security enforcement for all traffic within the cloud environment. Hence, these factors will drive the demand for virtual appliances during the forecast period.

How will Demand from Small and Medium-sized Enterprises (SMEs) Support Growth?

Limited Budget in SMEs to Push the Adoption of Next-Gen Firewall Systems due to its Cost-Effectiveness

The small and medium-sized enterprises (SMEs) segment is expected to grow by 3.0X during the forecast period. As per FMI, the segment is expected to showcase a strong CAGR growth over the upcoming years owing to rapid digitization.

SMEs are adopting network security solutions as these companies have a limited budget to manage business applications and other business activities. Hence, small companies generally use cloud-based applications for their businesses.

These cloud-based applications are sometimes prone to risk due to a lack of authentication. This encourages small and medium enterprises to use network security solutions for securing their cloud-based identities.

Why is Demand for Next-Gen Firewall Increasing in Healthcare Industry?

Growing Rate of Cyber-Attacks in Healthcare Sector to Propel the Demand for Next-Gen Firewall Systems

The healthcare industry is estimated to grow at the highest CAGR of 11.5% during the forecast period. The healthcare industry is the top most targeted industry among others by cyber-attacker due to the availability of personal and confidential data related to patients.

Information stolen includes data medical history data of patients, bills, and other important documents. These can be used by cybercriminals for creating fake IDs to claim insurance or gain other benefits.

Moreover, due to the rising trend of BYOD in the healthcare industry, employees or staff are making use of their own devices for performing a task and saving data on cloud-based applications. As these applications are less secure and more prone to cyber threats and viruses, demand for next-gen firewall systems is increasing.

Competitive Landscape

Next-gen firewall market players are focusing on various strategies such as investments in research and development to support future technologies. In addition, several companies are adopting inorganic growth strategies such as acquisition and entering into partnership with other companies to develop their own next-gen firewall to reduce the churn rate.

In March 2022, Palo Alto Networks entered into a partnership with Amazon Web Services to natively integrate the next-gen firewall into a public cloud environment.
In January 2022, Check Point Software Technologies introduced the Quantum Light speed Firewalls for introducing the biggest network security revolution.

Scope Of Report

Attribute	Details
Market value in 2022	US$ 3.3 Billion
Market CAGR 2023 to 2033	9.1%
Share of top 5 players	Around 35%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ Million for Value
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa
Key Countries Covered	USA, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Malaysia, Indonesia, Singapore, Australia & New Zealand, GCC Countries, Turkey, North Africa and South Africa
Key Segments Covered	Type, Enterprise Size, Industry and Region
Key Companies Profiled	Cisco Checkpoint Software Technologies Barracuda Fortinet Sophos Juniper Networks Palo Alto Networks Cloudflare Sonicwall Hillstone Networks Sangfor Technologies Zscaler
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Next-Gen Firewall Outlook by Category

By Type:

Physical NGFW Appliance
Virtual NGFW Appliance

By Enterprise Size:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Industry:

IT & Telecom
BFSI
Healthcare
Manufacturing
Retail
Government
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

Frequently Asked Questions

Which region is expected to showcase high growth in the next-gen firewall market?

South Asia & Pacific is projected to register strong growth in the market, exhibiting a CAGR of nearly 13.2% during the forecast period.

What are the key trends of the next-gen firewall industry?

Key trend in the market includes increasing internal and external cyber threats and a rise in multi-layered network security approach

Which is the leading segment in the next-gen firewall market?

Physical NGFW appliance segment is expected to dominate the market over the forecast period

How much is the global next-gen firewall market worth?

The next-gen firewall industry was valued at ~US$ 3.3 Bn in 2022 and is estimated to grow at a CAGR of 9.1%.

What will be the demand outlook for the next-gen firewall market?

The sales of next-gen firewalls are expected to total ~US$ 3.3 Bn by the end of 2022 and are likely to reach ~US$ 8.5 Bn by 2033.

What was the last 5-year next-gen firewall market CAGR?

The market in the last 5 years grew by a CAGR of 7.0% between 2018 and 2022.

What are the top 5 countries driving demand?

Top 5 countries driving demand for next-gen firewalls include India, Singapore, France, UAE, and Germany.

What are South Korea and Japan’s next-gen firewall market outlook?

The next-gen firewall demand in Japan and South Korea is projected to register CAGR of around 12.4% and 10.1% respectively between 2022 and 2033.

Table of Content

1. Executive Summary | Next-Gen Firewall Market

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Pricing Analysis

4.1. Pricing Analysis, by Next-Gen Firewall

4.1.1. Subscription Pricing Model

4.1.2. Perpetual Licensing

4.2. Average Pricing Analysis Benchmark

5. Global Market Demand (Value in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

5.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022

5.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033

5.2.1. Y-o-Y Growth Trend Analysis

5.2.2. Absolute $ Opportunity Analysis

6. Market Background

6.1. Macro-Economic Factors

6.2. Forecast Factors - Relevance & Impact

6.3. Value Chain

6.4. COVID-19 Crisis – Impact Assessment

6.4.1. Current Statistics

6.4.2. Short-Mid-Long-Term Outlook

6.4.3. Likely Rebound

6.5. Market Dynamics

6.5.1. Drivers

6.5.2. Restraints

6.5.3. Opportunities

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type

7.1. Introduction / Key Findings

7.2. Historical Market Size (US$ Million) Analysis By Type, 2018 to 2022

7.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Type, 2023 to 2033

7.3.1. Physical NGFW Appliance

7.3.2. Virtual NGFW Appliance

7.4. Market Attractiveness Analysis By Type

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Enterprise Size

8.1. Introduction / Key Findings

8.2. Historical Market Size (US$ Million) Analysis By Enterprise Size, 2018 to 2022

8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Enterprise Size, 2023 to 2033

8.3.1. Large Enterprises

8.3.2. Small and Medium-sized Enterprises (SMEs)

8.4. Market Attractiveness Analysis By Enterprise Size

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry

9.1. Introduction / Key Findings

9.2. Historical Market Size (US$ Million) Analysis By Industry, 2018 to 2022

9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Industry, 2023 to 2033

9.3.1. IT & Telecom

9.3.2. BFSI

9.3.3. Healthcare

9.3.4. Manufacturing

9.3.5. Retail

9.3.6. Government

9.3.7. Others

9.4. Market Attractiveness Analysis By Industry

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

10.1. Introduction / Key Findings

10.2. Historical Market Size (US$ Million) Analysis by Region, 2018 to 2022

10.3. Current and Future Market Size (US$ Million) Analysis and Forecast by Region, 2023 to 2033

10.3.1. North America

10.3.2. Latin America

10.3.3. Europe

10.3.4. East Asia

10.3.5. South Asia Pacific

10.3.6. Middle East and Africa

10.4. Market Attractiveness Analysis by Region

11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

11.1. Introduction

11.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

11.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

11.3.1. By Type

11.3.2. By Enterprise Size

11.3.3. By Industry

11.3.4. By Country

11.3.4.1. U.S.

11.3.4.2. Canada

11.4. Market Attractiveness Analysis

11.4.1. By Type

11.4.2. By Enterprise Size

11.4.3. By Industry

11.4.4. By Country

11.5. Market Trends

11.6. Key Market Participants - Intensity Mapping

12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

12.1. Introduction

12.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

12.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

12.3.1. By Type

12.3.2. By Enterprise Size

12.3.3. By Industry

12.3.4. By Country

12.3.4.1. Brazil

12.3.4.2. Mexico

12.3.4.3. Rest of Latin America

12.4. Market Attractiveness Analysis

12.4.1. By Type

12.4.2. By Enterprise Size

12.4.3. By Industry

12.4.4. By Country

13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

13.1. Introduction

13.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

13.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

13.3.1. By Type

13.3.2. By Enterprise Size

13.3.3. By Industry

13.3.4. By Country

13.3.4.1. Germany

13.3.4.2. Italy

13.3.4.3. France

13.3.4.4. U.K.

13.3.4.5. Spain

13.3.4.6. BENELUX

13.3.4.7. Russia

13.3.4.8. Rest of Europe

13.4. Market Attractiveness Analysis

13.4.1. By Type

13.4.2. By Enterprise Size

13.4.3. By Industry

13.4.4. By Country

14. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033

14.1. Introduction

14.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

14.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

14.3.1. By Type

14.3.2. By Enterprise Size

14.3.3. By Industry

14.3.4. By Country

14.3.4.1. India

14.3.4.2. Indonesia

14.3.4.3. Malaysia

14.3.4.4. Singapore

14.3.4.5. Australia & New Zealand

14.3.4.6. Rest of South Asia and Pacific

14.4. Market Attractiveness Analysis

14.4.1. By Type

14.4.2. By Enterprise Size

14.4.3. By Industry

14.4.4. By Country

15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

15.1. Introduction

15.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

15.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

15.3.1. By Type

15.3.2. By Enterprise Size

15.3.3. By Industry

15.3.4. By Country

15.3.4.1. China

15.3.4.2. Japan

15.3.4.3. South Korea

15.4. Market Attractiveness Analysis

15.4.1. By Type

15.4.2. By Enterprise Size

15.4.3. By Industry

15.4.4. By Country

16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

16.1. Introduction

16.2. Historical Market Size (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

16.3. Current and Future Market Size (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

16.3.1. By Type

16.3.2. By Enterprise Size

16.3.3. By Industry

16.3.4. By Country

16.3.4.1. GCC Countries

16.3.4.2. Turkey

16.3.4.3. South Africa

16.3.4.4. Rest of Middle East and Africa

16.4. Market Attractiveness Analysis

16.4.1. By Type

16.4.2. By Enterprise Size

16.4.3. By Industry

16.4.4. By Country

17. Key Countries Analysis-Market

17.1. U.S. Market Analysis

17.1.1. By Type

17.1.2. By Enterprise Size

17.1.3. By Industry

17.2. Canada Market Analysis

17.2.1. By Type

17.2.2. By Enterprise Size

17.2.3. By Industry

17.3. Mexico Market Analysis

17.3.1. By Type

17.3.2. By Enterprise Size

17.3.3. By Industry

17.4. Brazil Market Analysis

17.4.1. By Type

17.4.2. By Enterprise Size

17.4.3. By Industry

17.5. Germany Market Analysis

17.5.1. By Type

17.5.2. By Enterprise Size

17.5.3. By Industry

17.6. Italy Market Analysis

17.6.1. By Type

17.6.2. By Enterprise Size

17.6.3. By Industry

17.7. France Market Analysis

17.7.1. By Type

17.7.2. By Enterprise Size

17.7.3. By Industry

17.8. U.K. Market Analysis

17.8.1. By Type

17.8.2. By Enterprise Size

17.8.3. By Industry

17.9. Spain Market Analysis

17.9.1. By Type

17.9.2. By Enterprise Size

17.9.3. By Industry

17.10. BENELUX Market Analysis

17.10.1. By Type

17.10.2. By Enterprise Size

17.10.3. By Industry

17.11. Russia Market Analysis

17.11.1. By Type

17.11.2. By Enterprise Size

17.11.3. By Industry

17.12. Rest of Europe Market Analysis

17.12.1. By Type

17.12.2. By Enterprise Size

17.12.3. By Industry

17.13. China Market Analysis

17.13.1. By Type

17.13.2. By Enterprise Size

17.13.3. By Industry

17.14. Japan Market Analysis

17.14.1. By Type

17.14.2. By Enterprise Size

17.14.3. By Industry

17.15. South Korea Market Analysis

17.15.1. By Type

17.15.2. By Enterprise Size

17.15.3. By Industry

17.16. India Market Analysis

17.16.1. By Type

17.16.2. By Enterprise Size

17.16.3. By Industry

17.17. Malaysia Market Analysis

17.17.1. By Type

17.17.2. By Enterprise Size

17.17.3. By Industry

17.18. Indonesia Market Analysis

17.18.1. By Type

17.18.2. By Enterprise Size

17.18.3. By Industry

17.19. Singapore Market Analysis

17.19.1. By Type

17.19.2. By Enterprise Size

17.19.3. By Industry

17.20. Australia and New Zealand Market Analysis

17.20.1. By Type

17.20.2. By Enterprise Size

17.20.3. By Industry

17.21. GCC Countries Market Analysis

17.21.1. By Type

17.21.2. By Enterprise Size

17.21.3. By Industry

17.22. Turkey Market Analysis

17.22.1. By Type

17.22.2. By Enterprise Size

17.22.3. By Industry

17.23. South Africa Market Analysis

17.23.1. By Type

17.23.2. By Enterprise Size

17.23.3. By Industry

17.24. Rest of Middle East and Africa Market Analysis

17.24.1. By Type

17.24.2. By Enterprise Size

17.24.3. By Industry

18. Market Structure Analysis

18.1. Market Analysis by Tier of Companies

18.2. Market Share Analysis of Top Players

18.3. Market Presence Analysis

19. Competition Analysis

19.1. Competition Dashboard

19.2. Competition Benchmarking

19.3. Competition Deep Dive

19.3.1. Cisco

19.3.1.1. Business Overview

19.3.1.2. Solution Portfolio

19.3.1.3. Profitability by Market Segments (Business Segments/Region)

19.3.1.4. Key Strategy & Developments

19.3.2. Checkpoint Software Technologies

19.3.2.1. Business Overview

19.3.2.2. Solution Portfolio

19.3.2.3. Profitability by Market Segments (Business Segments/Region)

19.3.2.4. Key Strategy & Developments

19.3.3. Barracuda

19.3.3.1. Business Overview

19.3.3.2. Solution Portfolio

19.3.3.3. Profitability by Market Segments (Business Segments/Region)

19.3.3.4. Key Strategy & Developments

19.3.4. Fortinet

19.3.4.1. Business Overview

19.3.4.2. Solution Portfolio

19.3.4.3. Profitability by Market Segments (Business Segments/Region)

19.3.4.4. Key Strategy & Developments

19.3.5. Sophos

19.3.5.1. Business Overview

19.3.5.2. Solution Portfolio

19.3.5.3. Profitability by Market Segments (Business Segments/Region)

19.3.5.4. Key Strategy & Developments

19.3.6. Juniper Networks

19.3.6.1. Business Overview

19.3.6.2. Solution Portfolio

19.3.6.3. Profitability by Market Segments (Business Segments/Region)

19.3.6.4. Key Strategy & Developments

19.3.7. Palo Alto Networks

19.3.7.1. Business Overview

19.3.7.2. Solution Portfolio

19.3.7.3. Profitability by Market Segments (Business Segments/Region)

19.3.7.4. Key Strategy & Developments

19.3.8. Cloudflare

19.3.8.1. Business Overview

19.3.8.2. Solution Portfolio

19.3.8.3. Profitability by Market Segments (Business Segments/Region)

19.3.8.4. Key Strategy & Developments

19.3.9. Sonicwall

19.3.9.1. Business Overview

19.3.9.2. Solution Portfolio

19.3.9.3. Profitability by Market Segments (Business Segments/Region)

19.3.9.4. Key Strategy & Developments

19.3.10. Hillstone Networks

19.3.10.1. Business Overview

19.3.10.2. Solution Portfolio

19.3.10.3. Profitability by Market Segments (Business Segments/Region)

19.3.10.4. Key Strategy & Developments

19.3.11. Sangfor Technologies

19.3.11.1. Business Overview

19.3.11.2. Solution Portfolio

19.3.11.3. Profitability by Market Segments (Business Segments/Region)

19.3.11.4. Key Strategy & Developments

19.3.12. Zscaler

19.3.12.1. Business Overview

19.3.12.2. Solution Portfolio

19.3.12.3. Profitability by Market Segments (Business Segments/Region)

19.3.12.4. Key Strategy & Developments

20. Assumptions and Acronyms Used

21. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 2: Global Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 3: Global Market Volume (‘000 Units) Forecast (2023 to 2023) By Type

Table 4: Global Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 5: Global Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 6: Global Market Volume (‘000 Units) Forecast (2023 to 2023) By Enterprise Size

Table 7: Global Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 8: Global Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 9: Global Market Value (US$ Million) Analysis (2018 to 2022) By Region

Table 10: Global Market Value (US$ Million) Forecast (2023 to 2023) By Region

Table 11: North America Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 12: North America Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 13: North America Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 14: North America Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 15: North America Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 16: North America Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 17: North America Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 18: North America Market Value (US$ Million) Forecast (2023 to 2023) by Country

Table 19: Latin America Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 20: Latin America Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 21: Latin America Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 22: Latin America Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 23: Latin America Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 24: Latin America Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 25: Latin America Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 26: Latin America Market Value (US$ Million) Forecast (2023 to 2023) by Country

Table 27: Europe Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 28: Europe Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 29: Europe Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 30: Europe Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 31: Europe Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 32: Europe Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 33: Europe Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 34: Europe Market Value (US$ Million) Forecast (2023 to 2023) by Country

Table 35: South Asia & Pacific Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 36: South Asia & Pacific Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 37: South Asia & Pacific Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 38: South Asia & Pacific Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 39: South Asia & Pacific Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 40: South Asia & Pacific Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 41: South Asia & Pacific Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 42: South Asia & Pacific Market Value (US$ Million) Forecast (2023 to 2023) by Country

Table 43: East Asia Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 44: East Asia Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 45: East Asia Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 46: East Asia Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 47: East Asia Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 48: East Asia Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 49: East Asia Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 50: East Asia Market Value (US$ Million) Forecast (2023 to 2023) by Country

Table 51: Middle East and Africa Market Value (US$ Million) Analysis (2018 to 2022) By Type

Table 52: Middle East and Africa Market Value (US$ Million) Forecast (2023 to 2023) By Type

Table 53: Middle East and Africa Market Value (US$ Million) Analysis (2018 to 2022) By Enterprise Size

Table 54: Middle East and Africa Market Value (US$ Million) Forecast (2023 to 2023) By Enterprise Size

Table 55: Middle East and Africa Market Value (US$ Million) Analysis (2018 to 2022) By Industry

Table 56: Middle East and Africa Market Value (US$ Million) Forecast (2023 to 2023) By Industry

Table 57: Middle East and Africa Market Value (US$ Million) Analysis (2018 to 2022) by Country

Table 58: Middle East and Africa Market Value (US$ Million) Forecast (2023 to 2023) by Country

Sudip Saha

Principal Consultant

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List of Charts

Figure 1: Global Market Size (US$ Million) and Y-o-Y Growth Rate from 2023 to 2033

Figure 2: Global Market Size and Y-o-Y Growth Rate from 2023 to 2033

Figure 3: Global Market Value (US$ Million), 2018 to 2022

Figure 4: Global Market Value (US$ Million), 2023 to 2033

Figure 5: Global Market Value Share Analysis (2023 to 2033) By Type

Figure 6: Global Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 7: Global Market Attractiveness By Type

Figure 8: Global Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 9: Global Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 10: Global Market Attractiveness By Enterprise Size

Figure 11: Global Market Value Share Analysis (2023 to 2033) By Industry

Figure 12: Global Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 13: Global Market Attractiveness By Industry

Figure 14: Global Market Value Share Analysis (2023 to 2033) By Region

Figure 15: Global Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Region

Figure 16: Global Market Attractiveness By Region

Figure 17: North America Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 18: Latin America Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 19: Europe Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 20: East Asia Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 21: South Asia & Pacific Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 22: Middle East & Africa Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 23: North America Market Value (US$ Million), 2018 to 2022

Figure 24: North America Market Value (US$ Million), 2023 to 2033

Figure 25: North America Market Value Share Analysis (2023 to 2033) By Type

Figure 26: North America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 27: North America Market Attractiveness By Type

Figure 28: North America Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 29: North America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 30: North America Market Attractiveness By Enterprise Size

Figure 31: North America Market Value Share Analysis (2023 to 2033) By Industry

Figure 32: North America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 33: North America Market Attractiveness By Industry

Figure 34: North America Market Value Share Analysis (2023 to 2033) by Country

Figure 35: North America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 36: North America Market Attractiveness by Country

Figure 37: U.S. Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 38: Canada Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 39: Latin America Market Value (US$ Million), 2018 to 2022

Figure 40: Latin America Market Value (US$ Million), 2023 to 2033

Figure 41: Latin America Market Value Share Analysis (2023 to 2033) By Type

Figure 42: Latin America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 43: Latin America Market Attractiveness By Type

Figure 44: Latin America Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 45: Latin America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 46: Latin America Market Attractiveness By Enterprise Size

Figure 47: Latin America Market Value Share Analysis (2023 to 2033) By Industry

Figure 48: Latin America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 49: Latin America Market Attractiveness By Industry

Figure 50: Latin America Market Value Share Analysis (2023 to 2033) by Country

Figure 51: Latin America Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 52: Latin America Market Attractiveness by Country

Figure 53: Brazil Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 54: Mexico Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 55: Rest of Latin America Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 56: Europe Market Value (US$ Million), 2018 to 2022

Figure 57: Europe Market Value (US$ Million), 2023 to 2033

Figure 58: Europe Market Value Share Analysis (2023 to 2033) By Type

Figure 59: Europe Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 60: Europe Market Attractiveness By Type

Figure 61: Europe Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 62: Europe Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 63: Europe Market Attractiveness By Enterprise Size

Figure 64: Europe Market Value Share Analysis (2023 to 2033) By Industry

Figure 65: Europe Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 66: Europe Market Attractiveness By Industry

Figure 67: Europe Market Value Share Analysis (2023 to 2033) by Country

Figure 68: Europe Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 69: Europe Market Attractiveness by Country

Figure 70: Germany Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 71: Italy Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 72: France Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 73: U.K. Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 74: Spain Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 75: BENELUX Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 76: Russia Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 77: Rest of Europe Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 78: South Asia & Pacific Market Value (US$ Million), 2018 to 2022

Figure 79: South Asia & Pacific Market Value (US$ Million), 2023 to 2033

Figure 80: South Asia & Pacific Market Value Share Analysis (2023 to 2033) By Type

Figure 81: South Asia & Pacific Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 82: South Asia & Pacific Market Attractiveness By Type

Figure 83: South Asia & Pacific Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 84: South Asia & Pacific Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 85: South Asia & Pacific Market Attractiveness By Enterprise Size

Figure 86: South Asia & Pacific Market Value Share Analysis (2023 to 2033) By Industry

Figure 87: South Asia & Pacific Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 88: South Asia & Pacific Market Attractiveness By Industry

Figure 89: South Asia & Pacific Market Value Share Analysis (2023 to 2033) by Country

Figure 90: South Asia & Pacific Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 91: South Asia & Pacific Market Attractiveness by Country

Figure 92: India Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 93: Indonesia Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 94: Malaysia Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 95: Singapore Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 96: Australia& New Zealand Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 97: Rest of South Asia & Pacific Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 98: East Asia Market Value (US$ Million), 2018 to 2022

Figure 99: East Asia Market Value (US$ Million), 2023 to 2033

Figure 100: East Asia Market Value Share Analysis (2023 to 2033) By Type

Figure 101: East Asia Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 102: East Asia Market Attractiveness By Type

Figure 103: East Asia Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 104: East Asia Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 105: East Asia Market Attractiveness By Enterprise Size

Figure 106: East Asia Market Value Share Analysis (2023 to 2033) By Industry

Figure 107: East Asia Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 108: East Asia Market Attractiveness By Industry

Figure 109: East Asia Market Value Share Analysis (2023 to 2033) by Country

Figure 110: East Asia Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 111: East Asia Market Attractiveness by Country

Figure 112: China Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 113: Japan Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 114: South Korea Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 115: Middle East and Africa Market Value (US$ Million), 2018 to 2022

Figure 116: Middle East and Africa Market Value (US$ Million), 2023 to 2033

Figure 117: Middle East and Africa Market Value Share Analysis (2023 to 2033) By Type

Figure 118: Middle East and Africa Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Type

Figure 119: Middle East and Africa Market Attractiveness By Type

Figure 120: Middle East and Africa Market Value Share Analysis (2023 to 2033) By Enterprise Size

Figure 121: Middle East and Africa Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Enterprise Size

Figure 122: Middle East and Africa Market Attractiveness By Enterprise Size

Figure 123: Middle East and Africa Market Value Share Analysis (2023 to 2033) By Industry

Figure 124: Middle East and Africa Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) By Industry

Figure 125: Middle East and Africa Market Attractiveness By Industry

Figure 126: Middle East and Africa Market Value Share Analysis (2023 to 2033) by Country

Figure 127: Middle East and Africa Market Value Y-o-Y Growth Trend Analysis (2018 to 2033) by Country

Figure 128: Middle East and Africa Market Attractiveness by Country

Figure 129: GCC Countries Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 130: Turkey Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 131: South Africa Market Absolute $ Opportunity (US$ Million), 2018 to 2033

Figure 132: Rest of Middle East and Africa Market Absolute $ Opportunity (US$ Million), 2018 to 2033