2028 Forecast: Opportunities in the Next-Generation Firewall Market

Webersnits24 Apr, 2025News

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. The changing cybersecurity landscape emphasizes regulatory compliance for enterprises, making Next-Generation Firewalls (NGFWs) crucial in meeting stringent data protection laws globally, like GDPR and CCPA. NGFW providers such as Palo Alto Networks and Fortinet integrate features like application control and intrusion prevention to enhance security.