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CAGR 13.7% Growth Predicted in Next Generation Firewall market by 2024 according to new research report

Next Generation Firewall

A report by Cisco, Fortinet, Juniper Networks, Sophos and others

Next Generation Firewall market is undergoing a face change in the forecasted years of 2019 to 2024 and the following report will assist you in making decisions regarding the Information Technology industry and the market. This next generation firewall market report provides you with the detailed market definition, classifications, applications and the key market trends which can make a great difference when it comes to next generation firewall market in this ICT industry.

The report further contains the market drivers and restraints of the next generation firewall market which are derived from SWOT analysis.

Market Analysis:

Next-Generation Firewall Market accounted for USD 1.90 billion in 2016 growing at a CAGR of 13.7% during the forecast period of 2017 to 2024.

The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

PDF Report…all-market

Key Questions Answered in this Report:

  • What will the market growth rate, Overview and Analysis by Type of Global Next Generation Firewall Market in 2024?
  • What are the key factors driving, Analysis by Applications and Countries Global Next Generation Firewall Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Next Generation Firewall Market?
  • Who are Opportunities, Risk and Driving Force of Global Telecom Service Assurance Market?
  • Who are the opportunities and threats faced by the vendors in the Global Next Generation Firewall Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Next Generation Firewall Market opportunities, market risk and market overview of the Market?

Key Competitors:

  • Cisco Systems
  • Fortinet
  • Check Point Software
  • Palo Alto Networks
  • Barracuda Networks
  • Forcepoint
  • Zscaler
  • Juniper Networks
  • Watch Guard Technologies
  • Sophos
  • NGFW service providers and others


Major Market Drivers & Restraints:

  • Increasing internal and external threats
  • Increasing IoT trend
  • High functionalities of the NGFW solutions
  • High adoption of UTM solution in SMES and SOHOS
  • High cost of NGFW systems

Market Segmentation:


  • Solutions
  • Services
  • managed services

Solutions segment

  • hardware
  • virtual
  • cloud-based

Professional services

  • consulting
  • support and maintenance
  • training and education
  • system integration

Organization size

  • large enterprises
  • small and medium-sized enterprises


  • banking
  • financial services
  • insurance
  • retail
  • IT and telecommunications
  • government and public utilities
  • healthcare
  • energy and utilities
  • education, and others

Share Analysis:

The report for global next-generation firewall market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.


News From

Data Bridge Market ResearchData Bridge Market Research
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