Global Next-generation Firewall Market Size & Outlook
Global next-generation firewall market, 2018-2030 (US$M)
Related Markets
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 2022 | USD 4,720.2 million |
| Market revenue in 2030 | USD 10,992.3 million |
| Growth rate | 11.1% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, 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 Scope
Next-generation Firewall Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SonicWALL | View profile | 1001-5000 | Milpitas, California, United States, North America | http://www.sonicwall.com |
| Barracuda Networks | View profile | 501-1000 | Campbell, California, United States, North America | http://www.barracuda.com |
| WatchGuard | View profile | 1001-5000 | Seattle, Washington, United States, North America | http://www.watchguard.com |
| Forcepoint | View profile | 1001-5000 | Austin, Texas, United States, North America | https://www.forcepoint.com |
| Zscaler Inc | View profile | 5962 | 120 Holger Way, San Jose, CA, United States, 95134 | https://www.zscaler.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Sophos | View profile | 1001-5000 | Abingdon, Oxfordshire, United Kingdom, Europe | http://www.sophos.com |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| Palo Alto Networks Inc | View profile | 15166 | 3000 Tannery Way, Santa Clara, CA, United States, 95054 | https://www.paloaltonetworks.com |
| Check Point Software Technologies Ltd | View profile | 6450 | 5 Shlomo Kaplan Street, Tel Aviv, Israel, 6789159 | https://www.checkpoint.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Fortinet Inc | View profile | 13522 | 909 Kifer Road, Sunnyvale, CA, United States, 94086 | https://www.fortinet.com |
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)
- Cloud
- Hardware
- Virtual
- Global Next-generation Firewall Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Next-generation Firewall Market
- Large Size Enterprises
- Global Next-generation Firewall Vertical Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecommunication
- Energy & Utilities
- Manufacturing
- BFSI
- Others
- Retail
- Healthcare
- Government
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Target buyers of Global next-generation firewall market databook
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Our clientele includes a mix of next-generation firewall market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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.
Partial client list
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Global next-generation firewall market, by region, 2022 (US$M)
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