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 virtu