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Next-Gen Firewall Market

Next-Gen Firewall Market By Type (Physical NGFW Appliance, Virtual NGFW Appliance), Enterprise Size (Large Enterprises, Small and Medium-sized Enterprises), Industry (IT & Telecom, BFSI, Healthcare, Retail, Government) & Region - Forecast 2022 - 2032

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

Next-Gen Firewall Market Outlook (2022-2032)

[350 Pages Report] The next-gen firewall market revenue totaled ~US$ 3.0 Bn in 2021. The next-gen firewall market is expected to reach ~US$ 7.6 Bn by 2032, growing at a CAGR of 8.8% for 2022 – 32.

Next-Gen Firewall Market Value (2022)

US$ 3.3 Bn

Next-Gen Firewall Market Value (2032)

US$ 7.6 Bn

Next-Gen Firewall Market Growth Rate (2022-2032)

8.8% 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.

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

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

2017-2021 Next-Gen Firewall Demand Outlook Compared to 2022-2032 Forecast

The next-gen firewall demand is estimated to grow at 8.8% CAGR between 2022 and 2032 in comparison to 6.8% CAGR recorded during historic period of 2017-2021. 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.

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

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

Next-gen security solutions incorporate real-time analysis of user and system behavior to analyze 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.

What Is the Impact of COVID-19 Crisis on Next-Gen Firewall Growth?

Massive shift to remote working due to COVID-19 pandemic to stop the spread of the diseases increased the demand for next-gen firewall solutions at an exponential rate. During the FQ-20, companies had to increase their network security.

To reduce the impact of cyber-threats, enterprises are focusing on enhancing their development and application of security measures. Hence, enterprises are increasing their investments in security solutions as these solution helps to fight against the cyber- threats.

Also, owing to the outbreak of COVID-19 the next-gen firewall market witnessed the year-over-year (Y-o-Y) growth of around 5.1% to 7.7% from 2019 to 2022.

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

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

As a result, businesses are not adopting the 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 the robust and efficient security systems.

Country-wise Insights

Why is Demand for Next-Gen Firewall increasing in the U.S.?

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

The next-gen firewall demand in the U.S. is expected to account for nearly 78.6% of North America market share through 2032. In the U.S., next-gen firewall providers are focusing on offering intrusion detection and prevention system for identifying and analyzing 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 U.K.?

“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 U.K. is estimated to grow by 3.2X during the forecast period.

Countries in Europe are aggressively adopting security solutions in order to ensure safety and integrity of critical information related to citizens. In the U.K. enterprises are implementing encryption solutions along with 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 2022 and 2032. In Japan, adoption of network security solutions is growing at a high rate. Dependence on networks is rising and this has led to 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.

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Category-wise Insights

Why is the Demand for Virtual Appliance is increasing?

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

In terms of type, the virtual NGFW appliance segment is expected to showcase higher market share in the coming years. This segment is predicted to create an absolute $ opportunity of US$ 1,717.0 Mn by the end of 2032.

Adoption of virtual appliance is witnessing high growth in private and public cloud deployments due to its 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 appliance 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 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 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”

Healthcare industry is estimated to grow at highest CAGR of 11.5% during the forecast period. Healthcare industry is the top most targeted industry among others by cyber-attacker due to 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 through 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 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 partnership with Amazon Web Services for natively integrating the next-gen firewall into public cloud environment.
  • In January 2022, Check Point Software Technologies introduced the Quantum Light speed Firewalls for introducing biggest network security revolution.

Scope Of Report

Attribute

Details

Market value in 2022

US$ 3.3 Bn

Market CAGR 2022 to 2032

8.8%

Share of top 5 players

Around 35%

Forecast Period

2022-2032

Historical Data Available for

2017-2021

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

US, Canada, Germany, U.K., 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

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

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

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

The next-gen firewall industry was valued at ~US$ 3.0 Bn in 2021, and is estimated to grow at an a CAGR of 8.8%.

The sales of next-gen firewall are expected to total ~US$ 3.3 Bn by the end of 2022, and is likely to reach ~US$ 7.6 Bn by 2032.

The market in last 5 years grew by a CAGR of 6.2% between 2017 and 2021.

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

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 2032.

Table of Content

1. Executive Summary

    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 Product

    4.2. Global Pricing Benchmark Analysis

    4.3. Regional Pricing Break-up

5. Global Next-Gen Firewall Market Demand (in Value in US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032

    5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021

    5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

        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 Analysis

    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 Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032, By Type 

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) Analysis By Type, 2017-2021

    7.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2022-2032

        7.3.1. Physical NGFW Appliance

        7.3.2. Virtual NGFW Appliance

    7.4. Market Attractiveness Analysis By Type

8. Global Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032, By Enterprise Size

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) Analysis By Enterprise Size, 2017-2021 

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Enterprise Size, 2022-2032

        8.3.1. Large Enterprises

        8.3.2. SMEs

    8.4. Market Attractiveness Analysis By Enterprise Size

9. Global Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032, By Industry

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Industry, 2017-2021 

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Industry, 2022-2032

        9.3.1. IT & Telecom

        9.3.2. BFSI

        9.3.3. Healthcare

        9.3.4. Retail

        9.3.5. Manufacturing 

        9.3.6. Government

        9.3.7. Others

    9.4. Market Attractiveness Analysis By Industry

10. Global Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032, by Region

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) and Analysis By Region, 2017-2021

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2032

        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 & Africa

    10.4. Market Attractiveness Analysis By Region

11. North America Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    11.1. Introduction

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017 - 2021

    11.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022 - 2032

        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 Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    12.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        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

    12.5. Market Trends

    12.6. Key Market Participants - Intensity Mapping

13. Europe Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    13.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        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. UK

            13.3.4.2. Germany

            13.3.4.3. France

            13.3.4.4. Italy

            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

    13.5. Market Trends

    13.6. Key Market Participants - Intensity Mapping

14. South Asia & Pacific Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    14.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        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. Malaysia

            14.3.4.3. Indonesia

            14.3.4.4. Singapore

            14.3.4.5. Australia & New Zealand

            14.3.4.6. Rest of South Asia & 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

    14.5. Market Trends

    14.6. Key Market Participants - Intensity Mapping

15. East Asia Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    15.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        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

    15.5. Market Trends

    15.6. Key Market Participants - Intensity Mapping

16. Middle East and Africa Next-Gen Firewall Market Analysis 2017-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021

    16.3. Current and Future Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032

        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. North Africa

            16.3.4.5. Rest of Middle East & 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

    16.5. Market Trends

    16.6. Key Market Participants - Intensity Mapping

17. Country-wise Next-Gen Firewall Market Analysis

    17.1. U.S. Next-Gen Firewall Market Analysis

        17.1.1. By Type

        17.1.2. By Enterprise Size

        17.1.3. By Industry

    17.2. Canada Next-Gen Firewall Market Analysis

        17.2.1. By Type

        17.2.2. By Enterprise Size

        17.2.3. By Industry

    17.3. Mexico Next-Gen Firewall Market Analysis

        17.3.1. By Type

        17.3.2. By Enterprise Size

        17.3.3. By Industry

    17.4. Brazil Next-Gen Firewall Market Analysis

        17.4.1. By Type

        17.4.2. By Enterprise Size

        17.4.3. By Industry

    17.5. Germany Next-Gen Firewall Market Analysis

        17.5.1. By Type

        17.5.2. By Enterprise Size

        17.5.3. By Industry

    17.6. Italy Next-Gen Firewall Market Analysis

        17.6.1. By Type

        17.6.2. By Enterprise Size

        17.6.3. By Industry

    17.7. France Next-Gen Firewall Market Analysis

        17.7.1. By Type

        17.7.2. By Enterprise Size

        17.7.3. By Industry

    17.8. U.K. Next-Gen Firewall Market Analysis

        17.8.1. By Type

        17.8.2. By Enterprise Size

        17.8.3. By Industry

    17.9. Spain Next-Gen Firewall Market Analysis

        17.9.1. By Type

        17.9.2. By Enterprise Size

        17.9.3. By Industry

    17.10. BENELUX Next-Gen Firewall Market Analysis

        17.10.1. By Type

        17.10.2. By Enterprise Size

        17.10.3. By Industry

    17.11. Russia Next-Gen Firewall Market Analysis

        17.11.1. By Type

        17.11.2. By Enterprise Size

        17.11.3. By Industry

    17.12. China Next-Gen Firewall Market Analysis

        17.12.1. By Type

        17.12.2. By Enterprise Size

        17.12.3. By Industry

    17.13. Japan Next-Gen Firewall Market Analysis

        17.13.1. By Type

        17.13.2. By Enterprise Size

        17.13.3. By Industry

    17.14. South Korea Next-Gen Firewall Market Analysis

        17.14.1. By Type

        17.14.2. By Enterprise Size

        17.14.3. By Industry

    17.15. India Next-Gen Firewall Market Analysis

        17.15.1. By Type

        17.15.2. By Enterprise Size

        17.15.3. By Industry

    17.16. Malaysia Next-Gen Firewall Market Analysis

        17.16.1. By Type

        17.16.2. By Enterprise Size

        17.16.3. By Industry

    17.17. Indonesia Next-Gen Firewall Market Analysis

        17.17.1. By Type

        17.17.2. By Enterprise Size

        17.17.3. By Industry

    17.18. Thailand Next-Gen Firewall Market Analysis

        17.18.1. By Type

        17.18.2. By Enterprise Size

        17.18.3. By Industry

    17.19. Australia and New Zealand Next-Gen Firewall Market Analysis

        17.19.1. By Type

        17.19.2. By Enterprise Size

        17.19.3. By Industry

    17.20. GCC Countries Next-Gen Firewall Market Analysis

        17.20.1. By Type

        17.20.2. By Enterprise Size

        17.20.3. By Industry

    17.21. Turkey Next-Gen Firewall Market Analysis

        17.21.1. By Type

        17.21.2. By Enterprise Size

        17.21.3. By Industry

    17.22. North Africa Next-Gen Firewall Market Analysis

        17.22.1. By Type

        17.22.2. By Enterprise Size

        17.22.3. By Industry

    17.23. South Africa Next-Gen Firewall Market Analysis

        17.23.1. By Type

        17.23.2. By Enterprise Size

        17.23.3. 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, Regional footprint by Players

19. Competition Analysis

    19.1. Dashboard for Key Next-Gen Firewall Vendors

    19.2. Competition Deep Dive

        19.2.1. Cisco Systems

            19.2.1.1. Business Overview

            19.2.1.2. Product Offering

            19.2.1.3. Key Financial Outlook (Business Segment/Region)

            19.2.1.4. Strategy Overview

        19.2.2. Checkpoint Software Technologies

            19.2.2.1. Business Overview

            19.2.2.2. Product Offering

            19.2.2.3. Key Financial Outlook (Business Segment/Region)

            19.2.2.4. Strategy Overview

        19.2.3. Barracuda Networks

            19.2.3.1. Business Overview

            19.2.3.2. Product Offering

            19.2.3.3. Key Financial Outlook (Business Segment/Region)

            19.2.3.4. Strategy Overview

        19.2.4. Fortinet

            19.2.4.1. Business Overview

            19.2.4.2. Product Offering

            19.2.4.3. Key Financial Outlook (Business Segment/Region)

            19.2.4.4. Strategy Overview

        19.2.5. Huawei Technologies

            19.2.5.1. Business Overview

            19.2.5.2. Product Offering

            19.2.5.3. Key Financial Outlook (Business Segment/Region)

            19.2.5.4. Strategy Overview

        19.2.6. Juniper Networks

            19.2.6.1. Business Overview

            19.2.6.2. Product Offering

            19.2.6.3. Key Financial Outlook (Business Segment/Region)

            19.2.6.4. Strategy Overview

        19.2.7. Palo Alto Networks

            19.2.7.1. Business Overview

            19.2.7.2. Product Offering

            19.2.7.3. Key Financial Outlook (Business Segment/Region)

            19.2.7.4. Strategy Overview

        19.2.8. Sophos L

            19.2.8.1. Business Overview

            19.2.8.2. Product Offering

            19.2.8.3. Key Financial Outlook (Business Segment/Region)

            19.2.8.4. Strategy Overview

        19.2.9. WatchGuard Technologies

            19.2.9.1. Business Overview

            19.2.9.2. Product Offering

            19.2.9.3. Key Financial Outlook (Business Segment/Region)

            19.2.9.4. Strategy Overview

        19.2.10. Zscaler

            19.2.10.1. Business Overview

            19.2.10.2. Product Offering

            19.2.10.3. Key Financial Outlook (Business Segment/Region)

            19.2.10.4. Strategy Overview

        19.2.11. SonicWall

            19.2.11.1. Business Overview

            19.2.11.2. Product Offering

            19.2.11.3. Key Financial Outlook (Business Segment/Region)

            19.2.11.4. Strategy Overview

        19.2.12. Hillstone Networks

            19.2.12.1. Business Overview

            19.2.12.2. Product Offering

            19.2.12.3. Key Financial Outlook (Business Segment/Region)

            19.2.12.4. Strategy Overview

        19.2.13. Sangfor Technologies

            19.2.13.1. Business Overview

            19.2.13.2. Product Offering

            19.2.13.3. Key Financial Outlook (Business Segment/Region)

            19.2.13.4. Strategy Overview

        19.2.14. Agnigate Technologies

            19.2.14.1. Business Overview

            19.2.14.2. Product Offering

            19.2.14.3. Key Financial Outlook (Business Segment/Region)

            19.2.14.4. Strategy Overview

        19.2.15. Cloudflare

            19.2.15.1. Business Overview

            19.2.15.2. Product Offering

            19.2.15.3. Key Financial Outlook (Business Segment/Region)

            19.2.15.4. Strategy Overview

20. Assumptions and Acronyms Used

21. Research Methodology

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List of Tables

Table 01: Global Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 02: Global Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 03: Global Next-Gen Firewall Market Volume (‘000 Units) Forecast (2022 – 2032) By Type

Table 04: Global Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 05: Global Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 06: Global Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry

Table 07: Global Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry 

Table 08: Global Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Region

Table 09: Global Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Region

Table 10: Global Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) AI based Camera in Region 

Table 11: Global Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) AI based Camera in Region 

Table 12: North America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 13: North America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 14: North America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 15: North America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 16: North America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry (1/2)

Table 17: North America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry (1/2) 

Table 18: North America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 19: North America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 20: Latin America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 21: Latin America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 22: Latin America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 23: Latin America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 24: Latin America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry (1/2)

Table 25: Latin America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry (1/2) 

Table 26: Latin America Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 27: Latin America Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 28: Europe Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 29: Europe Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 30: Europe Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 31: Europe Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 32: Europe Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry

Table 33: Europe Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry 

Table 34: Europe Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 35: Europe Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 36: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 37: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 38: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 39: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 40: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry

Table 41: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry 

Table 42: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 43: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 44: East Asia Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 45: East Asia Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 46: East Asia Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 47: East Asia Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 48: East Asia Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry

Table 49: East Asia Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry 

Table 50: East Asia Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 51: East Asia Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Table 52: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Type

Table 53: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Type

Table 54: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Enterprise Size

Table 55: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Enterprise Size

Table 56: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) By Industry

Table 57: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) By Industry 

Table 58: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Analysis (2017 – 2021) by Country

Table 59: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn) Forecast (2022 – 2032) by Country

Nikhil Kaitwade
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List of Charts

Figure 01: Global Next-Gen Firewall Market Size (US$ Mn) and Y-o-Y Growth Rate from 2022-2032

Figure 02: Global Next-Gen Firewall Market Size and Y-o-Y Growth Rate from 2022-2032

Figure 03: Global Next-Gen Firewall Market Volume (‘000 Units) and Y-o-Y Growth Rate from 2022-2032

Figure 04: Global Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 05: Global Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 06: Global Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 07: Global Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 08: Global Next-Gen Firewall Market Attractiveness By Type

Figure 09: Global Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 10: Global Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 11: Global Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 12: Global Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 13: Global Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 14: Global Next-Gen Firewall Market Attractiveness By Industry

Figure 15: Global Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Region

Figure 16: Global Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Region

Figure 17: Global Next-Gen Firewall Market Attractiveness by Region

Figure 18: North America Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 19: Latin America Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 20: Europe Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 21: East Asia Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 22: South Asia & Pacific Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 23: Middle East & Africa Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 24: North America Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 25: North America Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 26: North America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 27: North America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 28: North America Next-Gen Firewall Market Attractiveness By Type

Figure 29: North America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 30: North America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 31: North America Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 32: North America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 33: North America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 34: North America Next-Gen Firewall Market Attractiveness By Industry

Figure 35: North America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 36: North America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 37: North America Next-Gen Firewall Market Attractiveness by Country

Figure 38:U.S. Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 39: Canada Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 40: Latin America Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 41: Latin America Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 42: Latin America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 43: Latin America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 44: Latin America Next-Gen Firewall Market Attractiveness By Type

Figure 45: Latin America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 46: Latin America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 47: Latin America Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 48: Latin America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 49: Latin America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 50: Latin America Next-Gen Firewall Market Attractiveness By Industry

Figure 51: Latin America Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 52: Latin America Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 53: Latin America Next-Gen Firewall Market Attractiveness by Country

Figure 54:  Brazil Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 55: Mexico Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 56:   Rest of Latin America Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 57: Europe Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 58: Europe Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 59: Europe Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 60: Europe Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 61: Europe Next-Gen Firewall Market Attractiveness By Type

Figure 62: Europe Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 63: Europe Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 64: Europe Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 65: Europe Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 66: Europe Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 67: Europe Next-Gen Firewall Market Attractiveness By Industry

Figure 68: Europe Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 69: Europe Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 70: Europe Next-Gen Firewall Market Attractiveness by Country

Figure 71: Germany Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 72: Italy Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 73: France Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 74: U.K. Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 75: Spain Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 76: BENELUX Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 77: Russia Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 78: Rest of Europe Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 79: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 80: South Asia & Pacific Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 81: South Asia & Pacific Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 82: South Asia & Pacific Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 83: South Asia & Pacific Next-Gen Firewall Market Attractiveness By Type

Figure 84: South Asia & Pacific Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 85: South Asia & Pacific Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 86: South Asia & Pacific Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 87: South Asia & Pacific Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 88: South Asia & Pacific Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 89: South Asia & Pacific Next-Gen Firewall Market Attractiveness By Industry

Figure 90: South Asia & Pacific Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 91: South Asia & Pacific Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 92: South Asia & Pacific Next-Gen Firewall Market Attractiveness by Country

Figure 93: India Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 94: ASEAN Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 95: Australia& New Zealand Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 96: Rest of South Asia & Pacific Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 97: East Asia Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 98: East Asia Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 99: East Asia Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 100: East Asia Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 101: East Asia Next-Gen Firewall Market Attractiveness By Type

Figure 102: East Asia Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 103: East Asia Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 104: East Asia Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 105: East Asia Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 106: East Asia Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 107: East Asia Next-Gen Firewall Market Attractiveness By Industry

Figure 108: East Asia Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 109: East Asia Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 110: East Asia Next-Gen Firewall Market Attractiveness by Country

Figure 111: China Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 112: Japan Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 113: South Korea Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 114: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn), 2017-2021

Figure 115: Middle East & Africa Next-Gen Firewall Market Value (US$ Mn), 2022-2032

Figure 116: Middle East & Africa Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Type

Figure 117: Middle East & Africa Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Type

Figure 118: Middle East & Africa Next-Gen Firewall Market Attractiveness By Type

Figure 119: Middle East & Africa Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Enterprise Size

Figure 120: Middle East & Africa Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Enterprise Size

Figure 121: Middle East & Africa Next-Gen Firewall Market Attractiveness By Enterprise Size

Figure 122: Middle East & Africa Next-Gen Firewall Market Value Share Analysis (2022 – 2032) By Industry

Figure 123: Middle East & Africa Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) By Industry

Figure 124: Middle East & Africa Next-Gen Firewall Market Attractiveness By Industry

Figure 125: Middle East & Africa Next-Gen Firewall Market Value Share Analysis (2022 – 2032) by Country

Figure 126: Middle East & Africa Next-Gen Firewall Market Value Y-o-Y Growth Trend Analysis (2019 – 2032) by Country

Figure 127: Middle East & Africa Next-Gen Firewall Market Attractiveness by Country

Figure 128: GCC Countries Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 129: Turkey Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 130: South Africa Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

Figure 131: Rest of Middle East & Africa Next-Gen Firewall Market Absolute $ Opportunity (US$ Mn), 2017 – 2032

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Next-Gen Firewall Market