Global Next-generation Firewall Market Size & Outlook

The next-generation firewall industry worldwide is expected to reach a projected revenue of US$ 10,992.3 million by 2030. A compound annual growth rate of 11.1% is expected of the worldwide next-generation firewall industry from 2023 to 2030.
Revenue, 2022 (US$M)
$4,720.2
Forecast, 2030 (US$M)
$10,992.3
CAGR, 2023 - 2030
11.1%
Report Coverage
Worldwide

Global next-generation firewall market highlights

  • The global next-generation firewall market generated a revenue of USD 4,720.2 million in 2022 and is expected to reach USD 10,992.3 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 11.1% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 3,111.5 million in 2022.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 4,720.2 million
Market revenue in 2030USD 10,992.3 million
Growth rate11.1% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 34.4% of the global next-generation firewall market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 122.2 million by 2030.

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Next-generation Firewall Market Companies

Name Profile # Employees HQ Website

Global next-generation firewall market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to next-generation firewall market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 65.92% in 2022. Horizon Databook has segmented the Global next-generation firewall market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Next-generation Firewall Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
    • Services
  • Global Next-generation Firewall Product Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Virtual
    • Cloud
  • Global Next-generation Firewall Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Size Enterprises
    • Next-generation Firewall Market
  • Global Next-generation Firewall Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Retail
    • IT & Telecommunication
    • Healthcare
    • Energy & Utilities
    • Manufacturing
    • Government
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global next-generation firewall market, including forecasts for subscribers. This global databook contains high-level insights into Global next-generation firewall market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global next generation firewall market report size, by regions, 2018-2030 (US$M)

Top 10 countries: Next generation firewall market report size, 2022 (US$M)

Global next generation firewall market report share, by component, 2022 & 2030 (%, US$M)

Next-generation firewall market: Opportunity assessment by country

Global next-generation firewall market, by region, 2022 (US$M)

Global next generation firewall market report size, by regions, 2018-2030 (US$M)

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