Global Next-Generation Firewall Market - Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Next-Generation Firewall Market By Solution (Hardware, Virtual, Cloud-based), Service (Professional Service, Managed Service), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), Vertical (BFSI, Retail, IT and Telecom, Government and Public Utilities, Healthcare, Energy and Utilities, Education, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Next-Generation Firewall Market

Global next-generation firewall market is set to witness a healthy CAGR of 13.40% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to increasing IoT trend, rise in number of data breach cases, and surge in demand for NGFW solutions supported by stringent government regulations for data safety & security boost the next-generation firewall market growth.

Market Definition: Global Next-Generation Firewall Market

Next-generation firewall can be defined as a process of collecting, archiving, managing and reporting logs. These logs are generated from various devices, including routers, servers, routers, and switches for firewalls. The next-generation firewall (NGFW) refers to third-generation network firewall innovation, integrating premium characteristics such as in-line deep packet inspection (DPI) and intrusion prevention (IPS), application-level traffic inspection capacities.

Market Drivers:

  • Increasing adoption of bring your own device (BYOD) in organizations is driving the growth of the market
  • Internal and external threats to an organization are rising rapidly due to advancement in technology
  • High functionalities of the NGFW solutions is fueling the market growth
  • An increasing number of electronic devices are getting connected to the internet, including, smart TVs, mobile devices, among others

Market Restraints:

  • High cost of NGFW solutions will restraint the market expansion
  • Rising adoption of unified threat management (UTM) solutions in small and medium sized enterprises hinders the market growth
  • The increasing competition with the traditional firewall systems is restraining the market growth

Segmentation: Global Next-Generation Firewall Market

By Solution

  • Hardware
  • Virtual
  • Cloud-based

By Service

  • Professional Service

    • Consulting Service
    • Support and Maintenance
    • Training and Education
    • System Integration

  • Managed Service

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Vertical

  • Banking, Financial Services, and Insurance (BFSI)
  • Retail
  • IT and Telecom
  • Government and Public Utilities
  • Healthcare
  • Energy and Utilities
  • Education
  • Others (Travel, Transport, and Manufacturing)

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Switzerland
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In February 2017, Cisco Next-Generation Firewall has introduced the new Cisco Firepower 2100 Series. The 2100 series is intended for companies conducting large quantities of delicate operations, such as banking and retail, and supporting their need to preserve uptime and safeguard critical company tasks and data. This will provide security and confidence to pursue new digitalization opportunities to the company
  • In February 2017, Fortinet expanded its NGFW solution product portfolio by launching FortiGate 3980E and FortiGate 7060E. The FortiGate 3980E is the first safety device in the world to reach firewall efficiency of Tbps, and the FortiGate 7060E provides market-leading 100 Gbps of next-generation firewall capacity in a chassis form factor. This will perform to secure interconnectivity between data centers

Competitive Analysis

Global next-generation firewall market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next-generation firewall market for Global, Europe, North America, Asia Pacific and South America.

Major Market Players

Few of the major competitors currently working in the global next-generation firewall market are Fortinet, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Palo Alto Networks, Inc., Barracuda Networks, Inc., Forcepoint, Zscaler, Inc., Juniper Networks, Inc., WatchGuard Technologies, Inc., Sophos Ltd., GajShield Infotech (I) Pvt. Ltd., Hillstone Networks, Huawei Technologies Co., Ltd., SonicWall, NVIDIA Corporation, Untangle, Alibaba Cloud and others.

Research Methodology: Global Next-Generation Firewall Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved


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