Next-generation Firewall Market Trends, Growth, Share, Size, Opportunities, Challenges

Jonytoal22 Apr, 2024Business

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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