India Next-generation Firewall Market Size & Outlook
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India next-generation firewall market highlights
- The India next-generation firewall market generated a revenue of USD 276.5 million in 2022 and is expected to reach USD 811.9 million by 2030.
- The India market is expected to grow at a CAGR of 14.4% from 2023 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2022.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Next-generation firewall market data book summary
| Market revenue in 2022 | USD 276.5 million |
| Market revenue in 2030 | USD 811.9 million |
| Growth rate | 14.4% (CAGR from 2022 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Cisco Systems Inc, Barracuda Networks, Check Point Software Technologies Ltd, Juniper Networks Inc, Huawei Technologies, Palo Alto Networks Inc, Fortinet Inc, Forcepoint, Sophos, Zscaler Inc, WatchGuard, SonicWALL |
Other key industry trends
- In terms of revenue, India accounted for 5.9% of the global next-generation firewall market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China next-generation firewall market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 811.9 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 |
India 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 64.52% in 2022. Horizon Databook has segmented the India next-generation firewall market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- India Next-generation Firewall Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- India Next-generation Firewall Product Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Virtual
- Cloud
- India Next-generation Firewall Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Size Enterprises
- Next-generation Firewall Market
- India Next-generation Firewall Vertical Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Retail
- IT & Telecommunication
- Healthcare
- Energy & Utilities
- Manufacturing
- Government
- Others
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India next-generation firewall market, including forecasts for subscribers. This country databook contains high-level insights into India next-generation firewall market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India next generation firewall market report size, by component, 2018-2030 (US$M)
India Next-generation Firewall Market Share, 2022 & 2030 (US$M)
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