TechNavio’s analysts forecast the Global Next Generation Firewall market to grow at a CAGR of 24 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the proliferation of HTTP-based applications. The Global Next Generation Firewall market has also been witnessing increasing demand for offerings with additional security features. However, due to the complex nature of next generation firewalls, the lack of skilled administrators could pose a challenge to the growth of this market.
Key vendors dominating this market space include Cisco Systems Inc., Fortinet Inc., Juniper Networks, and Palo Alto Networks.
TechNavio’s Global Next Generation Firewall Market 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas, the EMEA, and the APAC regions; it also covers the Next Generation Firewall market landscape. The report defines the Next Generation Firewall as a firewall appliance that has an integrated intrusion prevention system (IPS) with deep scanning capability. Additionally, it has all the features of a traditional firewall, such as stateful protocol inspection, VPN capabilities, and network address translation. In addition, the solution should be a single engine product and provide application awareness function and also include user and group policies. The report covers those vendors that provide Next Generation Firewall solutions as their own and are not service-only companies.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsNext Generation Firewall Market Witnessing Demand for Additional Security Features
Research conducted by TechNavio reveals that the Next Generation Firewall market is expected to grow at a CAGR of 24 percent. Technavio’s report, which focusses on the Americas and EMEA regions, indicates that the market is currently being driven by the increasing number and intensity of security threats on the web.
“Threats to web applications and websites have increased not only in terms of number, but also in complexity over recent years. The threats are now embedded and they focus on targeting vulnerable users to avoid detection. Thus, with the evolution of complex threats, there is an increasing need adopt smart detection techniques such as next generation firewalls which have features such as strong inspection techniques and application awareness,” reports a TechNavio analyst.
In spite of the demand for next generation firewalls, network slowdowns are hindering the growth of this market. However, the growing dependence on new web application architecture is expected to drive demand. Moreover, the Next Generation Firewall market is witnessing a growing demand for additional security feature offerings.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report, “Global Next Generation Firewall Market 2010–2014,” is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., and Palo Alto Networks.
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