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The Next-Generation Firewall Market is expected to register a CAGR of 12.7% 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. The NGFW?s create a standard protocol for normal behavior, and accordingly alerts are set to trigger when applications go away from the standard protocols.
Application identification is a vital factor which helps organizations to manage the chaos of Web traffic. The organizations today are in a situation when critical business solutions are to be delivered, and at the same time control the use of wasteful and mostly dangerous Web-based applications by the employees. Bandwidth prioritization is a vital part of the process and applications with top priority need bandwidth prioritization and unnecessary applications such as social media and gaming applications need to be completely blocked.
The demand for newer and superior network security services and solutions has been unprecedented in the 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The report covers the analysis of key stake holders 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.