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Next-Generation Firewall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • ID: 5118244
  • Report
  • June 2020
  • Region: Global
  • 110 pages
  • IMARC Group

FEATURED COMPANIES

  • Barracuda Networks Inc.
  • Cisco Systems
  • Forcepoint LLC
  • Fortinet Inc.
  • Hillstone Networks Co.
  • Juniper Networks Inc.
The global next-generation firewall (NGFW) market grew at a CAGR of around 10% during 2014-2019. The NGFW refers to the third generation of network firewalls that manages and secures data transmitted from routers, servers and switches. It is often integrated with intrusion prevention and cloud-delivered threat intelligence and utilizes whitelists or signature-based intrusion detection systems (IDS) to distinguish between safe and unwanted applications. In comparison to the previously used firewalls, NGFW can use both dynamic and static packet filtering that ensures the advanced security of the connections in the network. Owing to this, these solutions find extensive applications across the banking, financial services and insurance (BFSI), government and public sector, retail, healthcare, education, information technology (IT), energy and manufacturing industries.

The rising threat of cyberattacks, along with the rapid adoption of the internet of things (IoT) technology across various industries, is one of the key factors driving the growth of the market. Owing to the increasing usage of bring your own device (BYOD), smartphones, social media, and cloud services, there is a significant rise in the instances of data thefts. This is encouraging organizations to adopt advanced security measures, such as NGFW, for data protection. Furthermore, increasing product adoption by the BFSI sector is acting as another growth-inducing factor. Resulting from an increasing need to protect high volumes of sensitive data, along with the widespread adoption of digital currency across the globe, banking institutions are adopting NGFW to secure payment gateways and transaction portals. Additionally, various technological advancements, such as the development of highly configurable and scalable NGFW systems, are also creating a positive outlook for the market. Other factors, including increasing governmental spending on improving cybersecurity systems and extensive research and development (R&D) activities, are projected to drive the market further. Looking forward, the publisher expects the market to witness moderate growth during the next five years.

Breakup by Type:
  • Solutions
  • Hardware Solutions
  • Software Solutions
  • Services
  • System Integration Services
  • Consulting Services
  • Support and Maintenance Services
  • Training and Education Services
  • Managed Services
Breakup by Deployment Type:
  • Cloud-based
  • On-premises
Breakup by Security Type:
  • Firewall
  • Unified Threat Management
  • Network Security
  • Identity Based Security
  • Others
Breakup by Organization Size:
  • Small and Medium Enterprises (SMEs)
  • Large Enterprises
Breakup by Vertical:
  • Banking, Financial Services, and Insurance (BFSI)
  • IT and Telecom
  • Government and Public Utilities
  • Retail
  • Education
  • Healthcare
  • Energy and Utilities
  • Others
Breakup by Region:
  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Barracuda Networks Inc., Check Point Software Technologies, Cisco Systems, Forcepoint LLC, Fortinet Inc., Gajshield Infotech Pvt Ltd., Hillstone Networks Co., Juniper Networks Inc., Palo Alto Networks Inc., Sonicwall Inc., Sophos Ltd., Zscaler Inc., etc.

Key Questions Answered in this Report:
  • How has the global next generation firewall market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the security type?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global next generation firewall market and who are the key players?
  • What is the degree of competition in the industry?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Barracuda Networks Inc.
  • Cisco Systems
  • Forcepoint LLC
  • Fortinet Inc.
  • Hillstone Networks Co.
  • Juniper Networks Inc.
1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Next Generation Firewall Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast

6 Market Breakup by Type
6.1 Solutions
6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Hardware Solutions
6.1.2.2 Software Solutions
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 System Integration Services
6.2.2.2 Consulting Services
6.2.2.3 Support and Maintenance Services
6.2.2.4 Training and Education Services
6.2.2.5 Managed Services
6.2.3 Market Forecast

7 Market Breakup by Deployment Type
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Security Type
8.1 Firewall
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Unified Threat Management
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Network Security
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Identity Based Security
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast

9 Market Breakup by Organization Size
9.1 Small and Medium Enterprises (SMEs)
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by Vertical
10.1 Banking, Financial Services and Insurance (BFSI)
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 IT and Telecom
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Government and Public Utilities
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Retail
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Education
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Healthcare
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Energy and Utilities
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast

11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Barracuda Networks Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Check Point Software Technologies
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Cisco Systems
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Forcepoint LLC
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Fortinet Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Gajshield Infotech Pvt. Ltd.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Hillstone Networks Co.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Juniper Networks Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Palo Alto Networks Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 Sonicwall Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Sophos Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Zscaler Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
Note: Product cover images may vary from those shown
  • Barracuda Networks Inc.
  • Check Point Software Technologies
  • Cisco Systems
  • Forcepoint LLC
  • Fortinet Inc.
  • Gajshield Infotech Pvt Ltd.
  • Hillstone Networks Co.
  • Juniper Networks Inc.
  • Palo Alto Networks Inc.
  • Sonicwall Inc.
  • Sophos Ltd.
  • Zscaler Inc.
Note: Product cover images may vary from those shown

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