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The Next-Generation Firewall Market is expected to register a CAGR of 15.6% during the forecast period (2017 - 2023). Next-generation firewall (NGFW) appliances are capable of delivering very specific security solutions such as firewall, intrusion prevention, application control and others. The prevalent security threats and available anti-security breach technologies have significantly evolved over time. Being application aware, the NGFWs use a variety of techniques to identify different kinds of applications, including Web applications.
Therefore, the NGFWs do not allow all forms of traffic coming from typical Web ports, instead a proper distinguishing is done between specific applications such as Hulu vs. Salesforce.com and then accordingly implement policies in line with business rules. The demand for newer and superior network security services and solutions has been unprecedented in recent years. The basic NGFW applications, therefore, have a combination of multiple solutions such as SSL inspection, website filtering, QOS, antivirus inspection, and also sandboxing.
Based on the component type, the Next Generation Firewall market is segmented into Solution and Services. The Solutions market is segmented into Hardware, Virtual and Cloud-Based. The services are further segmented into Professional and Managed Services. Based on Organization Size, the market is segmented into Small & Medium Sized and Large Enterprises.
The verticals covered under the report include BFSI, Government, Energy & Utilities, Healthcare, Retail, Telecom & IT, Education and Others. Based on Country, the market is segmented China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The report covers the analysis of key stakeholders of the Next-Generation Firewall Market. Key companies profiled in the report include Cisco Systems, Check Point Software Technologies, Palo Alto Networks, Inc., Barracuda Networks, Inc., Fortinet Inc., Sonicwall Inc., Raytheon (Forcepoint LLC), Juniper Networks, Hillstone Networks, and Sophos, Ltd.