Global Next Generation Firewall Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Solution and Services.

By Enterprise Size;

Small and Medium Enterprises (SMEs) and Large Enterprises.

By Solution;

Cloud-Based and Hardware.

By End-User Industry;

BFSI, IT and Telecom, Government, Healthcare, Manufacturing, Retail, and Other End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn141791646 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Next Generation Firewall Market (USD Million), 2021 - 2031

In the year 2024, the Global Next Generation Firewall Market was valued at USD 5,022.85 million. The size of this market is expected to increase to USD 11,384.51 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.4%.

The global Next Generation Firewall (NGFW) market has experienced significant growth and evolution in recent years, driven by the increasing sophistication of cyber threats and the growing need for enhanced network security solutions. NGFWs represent a pivotal advancement over traditional firewalls, offering capabilities that include deep packet inspection, application awareness, and integrated intrusion prevention systems (IPS).

One of the primary drivers of the NGFW market is the rising frequency and complexity of cyber attacks across various industries. These attacks have underscored the limitations of conventional firewalls in effectively detecting and mitigating modern threats. NGFWs address these challenges by providing more advanced features such as advanced malware detection, SSL inspection, and application control, thereby bolstering organizations' ability to defend against both known and unknown threats.

The proliferation of cloud computing and the adoption of mobile and IoT (Internet of Things) devices have expanded the attack surface for enterprises, necessitating robust and adaptable security measures. NGFWs are uniquely positioned to meet these demands by offering scalable solutions that can secure network traffic across diverse environments, including on-premises, cloud, and hybrid infrastructures.

The competitive landscape of the NGFW market is characterized by rapid technological advancements and strategic collaborations among key players. Companies are increasingly focusing on developing innovative solutions that not only enhance security efficacy but also integrate seamlessly with existing IT architectures. This approach not only facilitates comprehensive threat detection and response capabilities but also optimizes operational efficiency and reduces complexity for IT teams.

The NGFW market is poised for continued growth as organizations prioritize investment in comprehensive cybersecurity solutions to safeguard their digital assets and ensure regulatory compliance. With ongoing advancements in artificial intelligence, machine learning, and behavioral analytics, NGFWs are expected to evolve further, providing more proactive and adaptive protection against evolving cyber threats. As such, the global NGFW market remains a critical component of the cybersecurity landscape, driving innovation and resilience in the face of an increasingly complex threat environment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component

    2. Market Snapshot, By Enterprise Size
    3. Market Snapshot, By Solution
    4. Market Snapshot, By End-User Industry
    5. Market Snapshot, By Region
  4. Global Next Generation Firewall Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Enhanced network security demand
        2. Increased cyber threats
        3. Regulatory compliance requirements
        4. Advanced threat protection
        5. Cloud-based firewall adoption
      2. Restraints
        1. High implementation costs
        2. Complexity in deployment
        3. Performance issues
        4. Lack of skilled professionals
        5. Integration challenges
      3. Opportunities
        1. Rising IoT adoption
        2. Growth in BYOD trends
        3. Expansion in SMEs
        4. AI and ML integration
        5. Increasing mobile device usage
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Next Generation Firewall Market, By Component, 2021 - 2031 (USD Million)
      1. Solution
      2. Services
    2. Global Next Generation Firewall Market, By Enterprise Size, 2021 - 2031 (USD Million)
      1. Small and Medium Enterprises (SMEs)
      2. Large Enterprises
    3. Global Next Generation Firewall Market, By Solution, 2021 - 2031 (USD Million)
      1. Cloud-Based
      2. Hardware
    4. Global Next Generation Firewall Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. BFSI
      2. IT and Telecom
      3. Government
      4. Healthcare
      5. Manufacturing
      6. Retail
      7. Other End-user Industries
      8. Global Next Generation Firewall Market, By Geography, 2021 - 2031 (USD Million)
        1. North America
          1. United States
          2. Canada
        2. Europe
          1. Germany
          2. United Kingdom
          3. France
          4. Italy
          5. Spain
          6. Nordic
          7. Benelux
          8. Rest of Europe
        3. Asia Pacific
          1. Japan
          2. China
          3. India
          4. Australia & New Zealand
          5. South Korea
          6. ASEAN (Association of South East Asian Countries)
          7. Rest of Asia Pacific
        4. Middle East & Africa
          1. GCC
          2. Israel
          3. South Africa
          4. Rest of Middle East & Africa
        5. Latin America
          1. Brazil
          2. Mexico
          3. Argentina
          4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Palo Alto Networks Inc.
      2. Dell Technologies
      3. Huawei Technologies Co. Ltd
      4. Fortinet Inc.
      5. Barracuda Networks Inc.
      6. Forcepoint LLC
      7. [x]cube LABS
      8. WatchGuard Technologies Inc.
      9. Check Point Software Technologies Ltd.
      10. Hillstone Networks
      11. Sophos Technologies Pvt. Ltd (Cyberoam)
      12. Untangle Inc.
      13. Zscaler Inc
  7. Analyst Views
  8. Future Outlook of the Market