The next-gen firewall market revenue totalled USD 3.3 Billion in 2022. The sales in the next-gen firewall market are expected to reach USD 8.5 billion by 2033, at 9.1% CAGR between 2023 and 2033.
| Report Attributes | Details |
|---|---|
| Next-Gen Firewall Market Value (2022) | USD 3.3 Billion |
| Next-Gen Firewall Market Value (2033) | USD 8.5 Billion |
| Next-Gen Firewall Market Value (2023) | USD 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 |
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.
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.
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.
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.
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.
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.
| Countries | 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.
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 USD 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.
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.
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.
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.
| Attribute | Details |
|---|---|
| Market value in 2023 | USD 3.5 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 | USD 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 |
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
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
The overall market is estimated to accrue USD 3.5 billion as of 2023.
The virtual NGFW appliance segment is estimated to witness a growth opportunity of USD 1,717 billion by 2033.
The market in the last 5 years expanded by a CAGR of 7.0% between 2018 and 2022.
The physical NGFW appliance segment is expected to dominate the market over the forecast period
Demand for flight tracking systems in Japan may exhibit a 12.4% CAGR till 2033.
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