Next-Generation Firewall (NGFW) Market Size, Share & Industry Analysis, By Component (Hardware, Software and Services), By Deployment (Cloud and On-premises), By Enterprise Type (Large Enterprises and SMEs), By Application (Application Visibility & Control, Intrusion Detection & Prevention System, Advanced Threat Protection, and Others), By Industry (BFSI, IT & Telecom, Retail, Healthcare, Manufacturing, and Others), and Regional Forecast, 2026-2034

ATTRIBUTE

DETAILS

Study Period

2021-2034

Base Year

2025

Estimated Year

2026

Forecast Period

2026-2034

Historical Period

2021-2024

Growth Rate

CAGR of 10.66% from 2026 to 2034

Unit

Value (USD Billion)

Segmentation

By Component

• Hardware
• Software
• Services

By Deployment

• Cloud
• On-premises

By Enterprise Type

• Large Enterprises
• SMEs

By Application

• Application Visibility & Control
• Intrusion Detection & Prevention System
• Advanced Threat Protection
• Others (Content Filtering, etc.)

By Industry

• BFSI
• IT & Telecom
• Retail
• Healthcare
• Manufacturing
• Others (Government, Energy & Utility, etc.)

By Region

North America (By Component, Deployment, Enterprise Type, Application, Industry, and Country)

• U.S. (By Application)
• Canada (By Application)
• Mexico (By Application)

South America (By Component, Deployment, Enterprise Type, Application, Industry, and Country)

• Brazil (By Application)
• Argentina (By Application)
• Rest of South America

Europe (By Component, Deployment, Enterprise Type, Application, Industry, and Country)

• U.K. (By Application)
• Germany (By Application)
• France (By Application)
• Italy (By Application)
• Spain (By Application)
• Russia (By Application)
• Benelux (By Application)
• Nordics (By Application)
• Rest of Europe

Middle East & Africa (By Component, Deployment, Enterprise Type, Application, Industry, and Country)

• Turkey (By Application)
• Israel (By Application)
• GCC (By Application)
• North Africa (By Application)
• South Africa (By Application)
• Rest of Middle East & Africa

Asia Pacific (By Component, Deployment, Enterprise Type, Application, Industry, and Country)

• China (By Application)
• India (By Application)
• Japan (By Application)
• South Korea (By Application)
• ASEAN (By Application)
• Oceania (By Application)
• Rest of Asia Pacific

Companies Profiled in the Report

Palo Alto Networks (U.S.)

Check Point Software (Israel)

SonicWall (U.S.)

Hillstone Networks (U.S.)

Cisco Systems, Inc. (U.S.)

Juniper Networks (U.S.)

Zscalar (Germany)

Fortinet, Inc. (Japan)

Forcepoint (U.S.)

Huawei Technologies Co., Ltd (China)