Next-Generation Firewall (NGFW) Market Research Report: By Component (Solutions, Services), Enterprise Size (Large Enterprises, SME), Industry (BFSI, Aerospace & Defense, Retail, Government & Public Utility, Healthcare, IT & Telecommunication, Manufacturing) – Industry Trends And Growth Forecast to 2025

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Component

1.3.2 Market Segmentation by Enterprise Size

1.3.3 Market Segmentation by Industry

1.3.4 Market Segmentation by Region

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit

1.3.6.1 Value

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By region

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Component

4.1.1.1 Solutions

4.1.1.1.1 Hardware

4.1.1.1.2 Cloud

4.1.1.1.3 Virtual

4.1.1.2 Services

4.1.1.2.1 Managed

4.1.1.2.2 Professional

4.1.2 By Enterprise size

4.1.2.1 Large enterprises

4.1.2.2 SMEs

4.1.3 By Industry

4.1.3.1 BFSI

4.1.3.2 Aerospace & defense

4.1.3.3 Retail

4.1.3.4 Government & public utility

4.1.3.5 Healthcare

4.1.3.6 IT & telecommunication

4.1.3.7 Manufacturing

4.1.3.8 Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Increasing adoption of Internet of Things (IoT)

4.3.2 Drivers

4.3.2.1 Increasing number of cyber threats

4.3.2.2 Rising adoption of bring your own device (BYOD)

4.3.2.3 Limitation of traditional firewall

4.3.2.4 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 Lack of data safety awareness among businesses

4.3.3.2 Impact analysis of restraint on market forecast

4.3.4 Opportunities

4.3.4.1 Shift of government toward digitalization

4.3.4.2 Increasing number of web applications

4.4 Porter’s Five Forces Analysis

Chapter 5. Global Market Size and Forecast

5.1 By Component

5.1.1 By Solutions

5.1.2 By Services

5.2 By Enterprise Size

5.3 By Industry

5.4 By Region

Chapter 6. North America Market Size and Forecast

6.1 By Component

6.1.1 By Solutions

6.1.2 By Services

6.2 By Enterprise Size

6.3 By Industry

6.4 By Country

Chapter 7. Europe Market Size and Forecast

7.1 By Component

7.1.1 By Solutions

7.1.2 By Services

7.2 By Enterprise Size

7.3 By Industry

7.4 By Country

Chapter 8. APAC Market Size and Forecast

8.1 By Component

8.1.1 By Solutions

8.1.2 By Services

8.2 By Enterprise Size

8.3 By Industry

8.4 By Country

Chapter 9. Latin America Market Size and Forecast

9.1 By Component

9.1.1 By Solutions

9.1.2 By Services

9.2 By Enterprise Size

9.3 By Industry

9.4 By Country

Chapter 10. MEA Market Size and Forecast

10.1 By Component

10.1.1 By Solutions

10.1.2 By Services

10.2 By Enterprise Size

10.3 By Industry

10.4 By Country

Chapter 11. Competitive Landscape

11.1 List of Key Players and Their Offerings

10.1 Competitive Benchmarking of Key Players

11.2 Market Share Analysis of Key Players

11.3 Strategic Developments of Key Players

11.3.1 Mergers and Acquisitions

11.3.2 Partnerships

11.3.3 Client Wins

Chapter 12. Company Profiles

12.1 Cisco Systems Inc.

12.1.1 Business Overview

12.1.2 Product and Service Offerings

12.1.3 Key Financial Summary

12.2 Dell Technologies Inc.

12.2.1 Business Overview

12.2.2 Product and Service Offerings

12.2.3 Key Financial Summary

12.3 Huawei Technologies Co. Ltd.

12.3.1 Business Overview

12.3.2 Product and Service Offerings

12.3.3 Key Financial Summary

12.4 Fortinet Inc.

12.4.1 Business Overview

12.4.2 Product and Service Offerings

12.4.3 Key Financial Summary

12.5 Palo Alto Networks Inc.

12.5.1 Business Overview

12.5.2 Product and Service Offerings

12.5.3 Key Financial Summary

12.6 Juniper Networks Inc.

12.6.1 Business Overview

12.6.2 Product and Service Offerings

12.6.3 Key Financial Summary

12.7 Check Point Software Technologies Ltd.

12.7.1 Business Overview

12.7.2 Product and Service Offerings

12.7.3 Key Financial Summary

12.8 Barracuda Networks Inc.

12.8.1 Business Overview

12.8.2 Product and Service Offerings

12.9 Forcepoint Inc.

12.9.1 Business Overview

12.9.2 Product and Service Offerings

12.10 WatchGuard Technologies Inc.

12.10.1 Business Overview

12.10.2 Product and Service Offerings

Chapter 13. Appendix

13.1 Abbreviations

13.2 Sources and References

13.3 Related Reports

 

List of Tables

 

TABLE 1 ANALYSIS PERIOD OF THE STUDY

TABLE 2 DRIVERS FOR THE MARKET: NGFW

TABLE 3 RESTRAINT FOR THE MARKET: NGFW

TABLE 4 GLOBAL NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 5 GLOBAL NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 6 GLOBAL NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 7 GLOBAL NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 8 GLOBAL NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 9 GLOBAL NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 10 GLOBAL NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 11 GLOBAL NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 12 GLOBAL NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 13 GLOBAL NGFW MARKET, BY INDUSTRY, $M (2020–2025)

TABLE 14 GLOBAL NGFW MARKET, BY REGION, $M (2019–2024)

TABLE 15 GLOBAL NGFW MARKET, BY REGION, $M (2020–2025)

TABLE 16 NORTH AMERICA NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 17 NORTH AMERICA NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 18 NORTH AMERICA NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 19 NORTH AMERICA NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 20 NORTH AMERICA NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 21 NORTH AMERICA NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 22 NORTH AMERICA NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 23 NORTH AMERICA NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 24 NORTH AMERICA NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 25 NORTH AMERICA NGFW MARKET, BY INDUSTRY, $M (2020–2025)

TABLE 26 NORTH AMERICA NGFW MARKET, BY COUNTRY, $M (2019–2024)

TABLE 27 NORTH AMERICA NGFW MARKET, BY COUNTRY, $M (2020–2025)

TABLE 28 EUROPE NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 29 EUROPE NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 30 EUROPE NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 31 EUROPE NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 32 EUROPE NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 33 EUROPE NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 34 EUROPE NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 35 EUROPE NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 36 EUROPE NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 37 EUROPE NGFW MARKET, BY INDUSTRY, $M (2020–2025)

TABLE 38 EUROPE NGFW MARKET, BY COUNTRY, $M (2019–2024)

TABLE 39 EUROPE NGFW MARKET, BY COUNTRY, $M (2020–2025)

TABLE 40 APAC NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 41 APAC NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 42 APAC NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 43 APAC NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 44 APAC NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 45 APAC NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 46 APAC NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 47 APAC NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 48 APAC NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 49 APAC NGFW MARKET, BY INDUSTRY, $M (2020–2025)

TABLE 50 APAC NGFW MARKET, BY COUNTRY, $M (2019–2024)

TABLE 51 APAC NGFW MARKET, BY COUNTRY, $M (2020–2025)

TABLE 52 LATAM NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 53 LATAM NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 54 LATAM NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 55 LATAM NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 56 LATAM NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 57 LATAM NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 58 LATAM NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 59 LATAM NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 60 LATAM NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 61 LATAM NGFW MARKET, BY INDUSTRY, $M (2020–2024)

TABLE 62 LATAM NGFW MARKET, BY COUNTRY, $M (2019–2024)

TABLE 63 LATAM NGFW MARKET, BY COUNTRY, $M (2020–2025)

TABLE 64 MEA NGFW MARKET, BY COMPONENT, $M (2019–2024)

TABLE 65 MEA NGFW MARKET, BY COMPONENT, $M (2020–2025)

TABLE 66 MEA NGFW SOLUTIONS MARKET, BY TYPE, $M (2019–2024)

TABLE 67 MEA NGFW SOLUTIONS MARKET, BY TYPE, $M (2020–2025)

TABLE 68 MEA NGFW SERVICES MARKET, BY TYPE, $M (2019–2024)

TABLE 69 MEA NGFW SERVICES MARKET, BY TYPE, $M (2020–2025)

TABLE 70 MEA NGFW MARKET, BY ENTERPRISE SIZE, $M (2019–2024)

TABLE 71 MEA NGFW MARKET, BY ENTERPRISE SIZE, $M (2020–2025)

TABLE 72 MEA NGFW MARKET, BY INDUSTRY, $M (2019–2024)

TABLE 73 MEA NGFW MARKET, BY INDUSTRY, $M (2020–2025)

TABLE 74 MEA NGFW MARKET, BY COUNTRY, $M (2019–2024)

TABLE 75 MEA NGFW MARKET, BY COUNTRY, $M (2020–2025)

TABLE 76 LIST OF KEY PLAYERS AND THEIR OFFERINGS

TABLE 77 COMPETITIVE BENCHMARKING OF KEY PLAYERS (2023)

TABLE 78 GLOBAL NGFW MARKET SHARE ANALYSIS OF KEY PLAYERS (2023)

TABLE 79 CISCO SYSTEMS INC. – AT A GLANCE

TABLE 80 CISCO SYSTEMS INC. – KEY FINANCIAL SUMMARY

TABLE 81 DELL TECHNOLOGIES INC. – AT A GLANCE

TABLE 82 DELL TECHNOLOGIES INC. – KEY FINANCIAL SUMMARY

TABLE 83 HUAWEI TECHNOLOGIES CO. LTD. – AT A GLANCE

TABLE 84 HUAWEI TECHNOLOGIES CO. LTD. – KEY FINANCIAL SUMMARY

TABLE 85 FORTINET INC. – AT A GLANCE

TABLE 86 FORTINET INC. – KEY FINANCIAL SUMMARY

TABLE 87 PALO ALTO NETWORKS INC. – AT A GLANCE

TABLE 88 PALO ALTO NETWORKS INC. – KEY FINANCIAL SUMMARY

TABLE 89 JUNIPER NETWORKS INC. – AT A GLANCE

TABLE 90 JUNIPER NETWORKS INC. – KEY FINANCIAL SUMMARY

TABLE 91 CHECK POINT SOFTWARE TECHNOLOGIES LTD. – AT A GLANCE

TABLE 92 CHECK POINT SOFTWARE TECHNOLOGIES LTD. – KEY FINANCIAL SUMMARY

TABLE 93 BARRACUDA NETWORKS INC. – AT A GLANCE

TABLE 94 FORCEPOINT INC. – AT A GLANCE

TABLE 95 WATCHGUARD TECHNOLOGIES INC. – AT A GLANCE

 

List of Figures

 

FIG 1 RESEARCH SCOPE

FIG 2 RESEARCH METHODOLOGY

FIG 3 REGIONAL SPLIT OF PRIMARY AND SECONDARY RESEARCH

FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY REGION

FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT

FIG 6 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE

FIG 7 DATA TRIANGULATION APPROACH

FIG 8 GLOBAL NGFW MARKET SUMMARY

FIG 9 VALUE CHAIN ANALYSIS OF NGFW MARKET

FIG 10 BARGAINING POWER OF BUYERS

FIG 11 BARGAINING POWER OF SUPPLIERS

FIG 12 INTENSITY OF RIVALRY

FIG 13 THREAT OF NEW ENTRANTS

FIG 14 THREAT OF SUBSTITUTES

FIG 15 GLOBAL NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 16 GLOBAL NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 17 GLOBAL NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 18 GLOBAL NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 19 GLOBAL NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 20 WORLDWIDE MAJOR MARKETS FOR NGFW

FIG 21 GLOBAL NGFW MARKET, BY REGION, $M (2014–2025)

FIG 22 NORTH AMERICA NGFW MARKET SNAPSHOT

FIG 23 NORTH AMERICA NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 24 NORTH AMERICA NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 25 NORTH AMERICA NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 26 NORTH AMERICA NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 27 NORTH AMERICA NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 28 NORTH AMERICA NGFW MARKET, BY COUNRTY, $M (2014–2025)

FIG 29 EUROPE NGFW MARKET SNAPSHOT

FIG 30 EUROPE NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 31 EUROPE NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 32 EUROPE NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 33 EUROPE NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 34 EUROPE NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 35 EUROPE NGFW MARKET, BY COUNTRY, $M (2014–2025)

FIG 36 APAC NGFW MARKET SNAPSHOT

FIG 37 APAC NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 38 APAC NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 39 APAC NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 40 APAC NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 41 APAC NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 42 APAC NGFW MARKET, BY COUNTRY, $M (2014–2025)

FIG 43 LATAM NGFW MARKET SNAPSHOT

FIG 44 LATAM NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 45 LATAM NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 46 LATAM NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 47 LATAM NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 48 LATAM NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 49 LATAM NGFW MARKET, BY COUNTRY $M (2014–2025)

FIG 50 MEA NGFW MARKET SNAPSHOT

FIG 51 MEA NGFW MARKET, BY COMPONENT, $M (2014–2025)

FIG 52 MEA NGFW SOLUTIONS MARKET, BY TYPE, $M (2014–2025)

FIG 53 MEA NGFW SERVICES MARKET, BY TYPE, $M (2014–2025)

FIG 54 MEA NGFW MARKET, BY ENTERPRISE SIZE, $M (2014–2025)

FIG 55 MEA NGFW MARKET, BY INDUSTRY, $M (2014–2025)

FIG 56 MEA NGFW MARKET, BY COUNTRY, $M (2014–2025)

FIG 57 CISCO SYSTEMS INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 58 DELL TECHNOLOGIES INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 59 HUAWEI TECHNOLOGIES CO. LTD. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)

FIG 60 FORTINET INC. – REVENUE SPLIT BY GEOGRAPHY (2023)

FIG 61 PALO AUTO NETWORKS INC. – REVENUE SPLIT BY GEOGRAPHY (2023)

FIG 62 JUNIPER NETWORKS INC. – REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2023)