Uploaded on Jan 9, 2020
The Global Next Generation Firewall (NGFWs) Market was valued at $XX million in 2018 & is expected to generate a revenue of $7441.82 million by 2027, with an anticipated CAGR of 12.18%.
Next generation Firewall Market Feature, Size, Analysis 2019-2027
Global Next Generation Firewall
Market - 2019-2027
As per Inkwood Research, the global next generation firewall
market is anticipated to grow with a CAGR of 12.18% from 2019
to 2027. In terms of revenue, the market amounted for $XX
million in 2018 and is expected to reach $7441.82 million by
2027. The rising incidences of the network attacks is one of the
major factors driving the growth of next generation firewall
market on a global scale.
• Components, end-user, organization size, and type are the
segments of the global next generation firewall market.
• The next generation firewall security solutions are adopted by
numerous end-user sectors such as banking, manufacturing,
IT & telecommunication, retail, and healthcare, among other
industries.
• The companies and institutions are deploying the next
generation firewall solutions as a part of their cybersecurity
strategies. Financial institutions are one of the major end-
user of the next generation firewall market owing to their
vulnerabilities to network attacks and the presence of a large
volume of customer data.
“As per Inkwood Research, the global next generation firewall
market is anticipated to grow with a CAGR of 12.18% from 2019
to 2027.
https://www.inkwoodresearch.com/reports/global-next-ge
neration-firewall-market-forecast
/
In terms of revenue, the North America
next generation firewall market generated
a value of $XX million in 2018 and is
expected to reach $XX million, while
evolving at a CAGR of 11.30% between
2019 and 2027.
In terms of revenue, the next
generation firewall market in Europe
accounted for $XX million in 2018 and
is expected to create a value of $XX
million in 2027.
In terms of revenue, the Asia Pacific next
generation firewall market amounted to a
value of $XX million in 2018 and is
projected to rise to $XX million by 2027.
During the estimated period of 2019-
2027, the market is anticipated to grow
with 13.58% of CAGR.
Dell Technologies, Huawei Technologies
Co., Ltd., Cisco Systems, Inc., and
GajShield Infotech (I) Pvt. Ltd., among
others are some of the leading players
in the Asia Pacific next generation
firewall market. The dominant players
are focusing on strategies like
partnerships, new product development,
agreement, merger & acquisition, and
others to hold a strong position in the
market.
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