Saudi Arabia Next-generation Firewall Market Size & Outlook

The next-generation firewall market in Saudi Arabia is expected to reach a projected revenue of US$ 122.2 million by 2030. A compound annual growth rate of 5.9% is expected of Saudi Arabia next-generation firewall market from 2023 to 2030.
Revenue, 2022 (US$M)
$77.4
Forecast, 2030 (US$M)
$122.2
CAGR, 2023 - 2030
5.9%
Report Coverage
Saudi Arabia

Saudi Arabia next-generation firewall market highlights

  • The Saudi Arabia next-generation firewall market generated a revenue of USD 77.4 million in 2022 and is expected to reach USD 122.2 million by 2030.
  • The Saudi Arabia market is expected to grow at a CAGR of 5.9% 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 2022USD 77.4 million
Market revenue in 2030USD 122.2 million
Growth rate5.9% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideCisco 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, Saudi Arabia accounted for 1.6% 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 Middle East & Africa, South Africa next-generation firewall market is projected to lead the regional market in terms of revenue in 2030.
  • South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 191.0 million by 2030.

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Next-generation Firewall Market Scope

Next-generation firewall market segmentation & scope
Solution
Services
Hardware
Virtual
Cloud
Large Size Enterprises
Next-generation Firewall Market
BFSI
Retail
IT & Telecommunication
Healthcare
Energy & Utilities
Manufacturing
Government
Others

Next-generation Firewall Market Companies

Name Profile # Employees HQ Website

Saudi Arabia 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 66.8% in 2022. Horizon Databook has segmented the Saudi Arabia next-generation firewall market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Saudi Arabia Next-generation Firewall Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
    • Services
  • Saudi Arabia Next-generation Firewall Product Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Virtual
    • Cloud
  • Saudi Arabia Next-generation Firewall Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Size Enterprises
    • Next-generation Firewall Market
  • Saudi Arabia 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 country-level data and insights on the Saudi Arabia next-generation firewall market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia next-generation firewall market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Saudi Arabia next generation firewall market report size, by component, 2018-2030 (US$M)

Saudi Arabia Next-generation Firewall Market Share, 2022 & 2030 (US$M)

Saudi Arabia next generation firewall market report size, by component, 2018-2030 (US$M)

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