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 |
|---|
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)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,137.8 | 1,211.6 | 1,389.3 | 1,496.7 | 1,624.1 | 1,770.0 | 1,937.3 | 2,129.9 | 2,352.1 | 2,609.0 | 2,907.2 | 3,254.5 | 3,660.4 | 10.7% |
| Europe | 668.9 | 720.5 | 835.6 | 910.5 | 999.2 | 1,101.3 | 1,219.1 | 1,355.4 | 1,513.5 | 1,697.7 | 1,912.8 | 2,165.2 | 2,462.3 | 11.9% |
| Asia Pacific | 902.5 | 976.3 | 1,137.2 | 1,244.4 | 1,371.4 | 1,517.7 | 1,686.7 | 1,882.7 | 2,110.5 | 2,376.3 | 2,687.4 | 3,053.1 | 3,484.6 | 12.4% |
| Latin America | 295.2 | 311.0 | 352.8 | 375.9 | 403.4 | 434.6 | 470.3 | 510.9 | 557.4 | 610.7 | 672.0 | 742.7 | 824.4 | 9.4% |
| MEA | 250.1 | 259.9 | 290.6 | 304.9 | 322.1 | 341.3 | 362.8 | 387.0 | 414.2 | 444.7 | 478.9 | 517.3 | 560.6 | 7.2% |
| Overall | 3,254.4 | 3,479.2 | 4,005.5 | 4,332.5 | 4,720.2 | 5,164.8 | 5,676.2 | 6,265.9 | 6,947.7 | 7,738.3 | 8,658.4 | 9,732.9 | 10,992.3 | 11.2% |
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