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NEXT GENERATION FIREWALL (NGFW)

Global Market Trajectory & Analytics

MCP13591

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

1028

Interactions with Platform & by Email *

INTERACTIONS

183

Unique # Participated *

PARTICIPANTS

41

Responses Validated *

VALIDATIONS

18

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  •  DATE

    JULY 2020

  •  TABLES

    108

  •  PAGES

    181

  •  EDITION

    7

  •  PRICE

    USD $4950

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Next Generation Firewall (NGFW) estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$6.3 Billion by 2027, growing at a CAGR of 11.5% over the period 2020-2027.Large Enterprises, one of the segments analyzed in the report, is projected to grow at a 9.8% CAGR to reach US$3.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Small & Medium-Sized Enterprises (SMEs) segment is readjusted to a revised 14.5% CAGR for the next 7-year period. This segment currently accounts for a 33.3% share of the global Next Generation Firewall (NGFW) market.
The Next Generation Firewall (NGFW) market in the U.S. is estimated at US$864.2 Million in the year 2020. The country currently accounts for a 29.47% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2027 trailing a CAGR of 11.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Billion by the year 2027.We bring years of research experience to this 7th edition of our report. The 181-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Barracuda Networks, Inc.; Check Point Software Technologies Ltd.; Forcepoint LLC; Fortinet, Inc.; GajShield Infotech (India) Pvt. Ltd.; Hillstone Networks; Juniper Networks, Inc.; Palo Alto Networks, Inc.; SonicWall, Inc.; Sophos Ltd.; Zscaler, Inc.
» End-Use (Banking, Financial Services, and Insurance (BFSI), Retail, IT and Telecom, Government and Public Utilities, Healthcare, Education, Other End-Uses) » Organization Size (Large Enterprises, Small & Medium-Sized Enterprises (SMEs)) » Solution Type (Hardware, Virtual, Cloud)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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