Next-generation Firewall Market

Next-generation Firewall Industry - Key Trends Driving Global Growth

The global next generation firewall market size is projected to grow from USD 5.0 billion in 2023 to USD 8.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.

Emerging trends in the global Next-generation Firewall (NGFW) market reflect the evolving landscape of cybersecurity threats, advancements in technology, and changing business needs. Here are some key trends to watch in the NGFW market:

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Emerging trends in the global Next Generation Firewall Market are:

  • Integration with Cloud Environments
  • Zero Trust Security Models
  • Advanced Threat Detection and Response
  • Increased Focus on Application Layer Security
  • Unified Security Management
  • Secure Remote Access and VPN Integration
  • Enhanced IoT Security

Integration with Cloud Environments:

As organizations move to cloud-based infrastructure, NGFWs are designed to work seamlessly with cloud environments, providing consistent security across hybrid and multi-cloud architectures.

Zero Trust Security Models:

NGFWs are adopting zero trust principles, emphasizing strict access controls and continuous verification to ensure that only authorized users and devices can access critical resources.

Advanced Threat Detection and Response:

NGFWs are incorporating advanced threat detection techniques, such as artificial intelligence (AI), machine learning (ML), and behavioral analytics, to identify and respond to evolving threats in real-time.

Increased Focus on Application Layer Security:

NGFWs are expanding beyond traditional port-based filtering to offer deep packet inspection and application layer security, enabling more granular control over application traffic.

Unified Security Management:

NGFWs are increasingly being integrated with other security tools, such as Security Information and Event Management (SIEM) systems, to provide a unified view of security events and enhance incident response capabilities.

Secure Remote Access and VPN Integration:

With the rise of remote work, NGFWs are offering integrated virtual private network (VPN) capabilities and secure remote access features to ensure secure connectivity for remote workers.

Enhanced IoT Security:

As the number of IoT devices grows, NGFWs are incorporating features to monitor and secure IoT traffic, addressing unique security challenges associated with these devices.

Related Reports:

Next-generation Firewall Market by Offering (Hardware, Software, Services), Deployment Mode (On-premises, Cloud/Virtual), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Government, Other Verticals) and Region - Global Forecast to 2028

Next-generation Firewall Market Size,  Share & Growth Report
Report Code
TC 5357
RI Published ON
4/10/2024
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