Market Research Future (MRFR) in its new “The Next-Generation Firewall Market” report, states that the market of next-generation firewall market is expected to make excellent profit across the forecast years of 2017 and 2023. MRFR reveals that the worldwide market of next-generation firewall is likely to thrive at a CAGR of about 11.4% and increase to a valuation of nearly USD 4.69 Billion by 2023.
The market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on market highlights the future prediction and the growth alternatives that can be created.
Market Key Players
MRFR listed a few prominent players of the next-generation firewall market. They are; Fortinet, Inc. (US), Cisco Systems, Inc. (US), Juniper Networks, Inc. (US), Barracuda Networks, Inc. (US), Forcepoint LLC (US), Palo Alto Networks, Inc. (US), WatchGuard Technologies, Inc. (US), Zscaler, Inc. (U.S), Sophos Group Plc. (UK), Check Point Software Technologies Ltd. (US), and others.
Market Segmental Study
Covid 19 Next-Generation Firewall Market is segmented by services, security type, solution, organization size, and end users.
By security type, the market is segmented into Firewall, Network Security, Unified Threat Management, Identity-based security, and others. By services, the market is segmented into Consulting Service, System Integration, Managed Service, Professional Service, Training and Education, Support and Maintenance, and others. By size of organization, the market is split into large enterprises and small and medium enterprises (SMEs). By solution, the market is classified into Cloud, Virtual, Hardware, and others. By end-user, the market is segmented into telecommunication and IT, healthcare, retail and wholesale, government and defense, manufacturing, BFSI, education, and others.
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