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.

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Components, end-user, organization size, and type are the segments of the global next generation firewall market.

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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.

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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 enduser 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-gen eration-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 20192027, 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.