Next-Gen Firewall Market 2022 Strategic Analysis, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2032
According to Future Market Insights (FMI), the adoption of next-gen firewall in the market is estimated to grow at a CAGR of 8.8% from 2022-2032.
Sales in
the market are expected to reach the valuation of ~US$ 3.3 Bn by the end of 2022. As per FMI,
companies are building security directly into IoT devices before implementing
the hardware into the system.
Rise in
data hacking activities and cyber-attacks is encouraging enterprises to focus
towards detection of better security solutions. Hence, demand for next-gen
firewall systems for securing information deployed on the cloud and for
strengthening the security structure of company is increasing.
Moreover,
large organizations are taking initiatives to implement next-gen firewalls for
their business applications which are deployed on cloud, and helping other
small enterprises to understand the usage of next-gen firewall capabilities, and
internet security threats.
Key Takeaways: Next-Gen Firewall Market
- By type, the virtual appliance segment is
estimated to grow at a robust CAGR of 9.9%
through 2032.
- Among the enterprise size, SMEs segment is
estimated to grow by 3.0X during
the forecast period.
- By industry, the healthcare segment is
anticipated to increase at a CAGR of 11.5%
between 2022 & 2032.
- North America region is expected to
dominate next-gen firewall market followed by Europe in 2022.
- South Asia & Pacific is estimated to
be the fastest growing region during the forecast period.
- The U.S. market is expected to witness
growth at a CAGR of around 4.6%
through 2032.
- In India, the next-gen firewall market is
expected to grow by 4.4x during
the forecast period.
- Next-gen firewall market in China is
estimated to witness an absolute $ opportunity of US$ 281 Mn in the forecast period.
“Next-gen firewall vendors are focusing on
developing innovative network security solutions to deploy solutions from cloud
and secure data from various vulnerabilities and cyber-attacks” says FMI
analyst.
Demand for Email Security to Boost the Adoption
of Next-Gen Firewall Systems
Among
enterprises, email security is a primary concern. Working culture among
enterprises is changing, hence employees are using their personal devices for
accessing business emails outside the organizations.
Next-gen
firewall solutions help the organization in filtering emails with viruses on
networks before the email reaches in an internal network of the organization.
Moreover,
next-gen firewall helps to streamline email security tools by transferring them
into single cloud service. Hence, enterprises are adopting next-gen firewall
solution for improving the email security and thereby the demand is increasing
for next-gen firewall solutions.
Read Full Report - https://www.futuremarketinsights.com/reports/next-gen-firewall-market
Comments
Post a Comment