Next Generation Firewall Market worth $8.6 billion by 2028, growing at a CAGR of 11.4 %: Report by M
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, according to a new report by MarketsandMarkets? The rise in IoT and BYOD trends has heightened network security needs. Next-Generation Firewalls (NGFWs) tackle these challenges through deep packet inspection, intrusion prevention, and application-layer filtering, crucial in industrial settings to safeguard against cyber-physical threats.
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