- February 2020 |
- Information and Communication Technology (ICT) / Next Generation Technologies
Global Next-Generation Firewall Market Size, By Component (Solution (Hardware, Virtual, Cloud), Service (Professional Service, Consulting Service, Support and Maintenance, Training and Education, System Integration, Managed Service)), By Organization Size (Small and Medium 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, Manufacturing, etc.)) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Global Next-Generation Firewall Market Forecast and Trends
The global Next-Generation Firewall market is estimated to reach USD 7.01 Billion in 2026 at a significant CAGR of 12.5% due to rising cyber-attacks and enforcement of government initiative for cybersecurity across the globe. An increase in IoT-based sophisticated threat, rise in several data breach cases and surge in demand for next-generation firewall solutions supported by government regulations for data safety & security propel the next-generation firewall market growth. Companies continue to invest in solutions that enable them to secure their data and focus on comprehensive solutions...