Chicago, IL -- (SBWire) -- 07/20/2017 --A next-generation firewall (NGFW) is an integrated network platform that is part of the third generation of firewall technology combining traditional firewall with other networking devices functionalities. Next-generation firewalls are meant to provide protection from web-based malware attacks, targeted attacks, application layer attacks and many more. The rise in internal as well as external network threats is contributing to the growth of next-generation firewall market. This report studies the current and future prospects of next-generation firewall market.
The report on the global Next-generation firewall market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The next-generation firewall market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the maximum market share and contributes the highest revenue in next-generation firewall market. This dominance is because of developed economies of US and Canada because of which there is a high focus on research and development of security technologies. Next in line is the Asia-Pacific region which is witnessing a rapid growth of the next-generation firewall market. The growth of the market in Asia-Pacific region is because of rise in demand of IoT devices and technologies in organizations.
MARKET SEGMENTATION
This report analyzes the next-generation firewall market by the following segments:
Next-Generation Firewall Market, by Solution
1. Hardware
2. Virtual
3. Cloud
Next-Generation Firewall Market, by Service
1. Professional Service
2. Consulting Service
3. Support and Maintenance
4. Training and Education
5. System Integration
6. Managed Service
Next-Generation Firewall Market, by Organization Size
1. Small and Medium Enterprises (SMEs)
2. Large Enterprises
3. Next-Generation Firewall Market, by Vertical
4. Banking, Financial Services, and Insurance (BFSI)
5. Retail
6. IT and Telecom
7. Government and Public Utilities
8. Healthcare
9. Energy and Utilities
10. Education
11. Others
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Next-Generation Firewall Market to Reach Billion USD by 2022 - Scalar Market Research
Next-Generation Firewall Market, by Solution (Hardware, Virtual, Cloud), Service (Professional Service, Consulting Service, Support and Maintenance, Training and Education, System Integration, Managed Service), Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), Vertical (Banking, Financial Services, and Insurance (BFSI), Retail, IT and Telecom, Government and Public Utilities, Healthcare, Energy and Utilities, Education) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022