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GLOBAL NEXT GENERATION FIREWALL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Next Generation Firewall Market, By Component (Solution and Services), By Deployment (On-premises and Cloud), By Organization Size (Large Enterprises and SMEs), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Healthcare, Retail & eCommerce, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East)

Market News

Global Next Generation Firewall Market- Recent Developments

  • In October 2022, Clavister, a European cybersecurity company specializing in mission-critical applications, announced the renewal of its longstanding partnership with Nokia. This collaboration aims to meet the increasing demand for 5G security. As part of this renewed agreement, NetShield, a solution by Clavister, will be integrated into Nokia Managed Firewall Services (MFS) and Nokia Managed Security Services (MSS). The collaboration leverages Clavister's advanced telco-grade capabilities in technology management, coupled with a service model focused on the firewall, providing a comprehensive, service-oriented solution for Nokia's customers.
  • In June 2020, Check Point launched Quantum Spark, an advanced AI-based threat prevention engine to detect known and unknown malware with high accuracy
  • In August 2022, Hillstone Networks, a leading provider of cybersecurity solutions known for their innovation and accessibility, unveiled two new additions to its A-Series next-generation firewalls (NGFWs). These latest models, the A7600 and A6800, are specifically designed to aid enterprises in fortifying their expanding network edges. Delivering robust network security capabilities, these solutions are packaged in a compact 1RU form factor, emphasizing both power and sustainability.

Key Strategic Initiative:

In November 2022, Fortinet introduced its FortiGate Cloud-Native Firewall (CNF) specifically designed for Amazon Web Services (AWS). This novel cybersecurity solution, available as a software-as-a-service (SaaS), caters to businesses utilizing AWS and in need of enterprise-grade next-generation firewall (NGFW) functionalities compatible with cloud-native environments. FortiGate CNF incorporates FortiGuard AI-driven security services, providing real-time detection and protection against both external and internal threats. Fueled by FortiOS, it ensures a consistent network security experience across Amazon Web Services (AWS) and on-premises environments.

In August 2022, Palo Alto Networks announced a strategic collaboration with Amazon Web Services (AWS) to unveil the Palo Alto Networks Cloud NGFW for AWS. This managed next-generation firewall (NGFW) service is meticulously crafted to simplify the process of securing AWS deployments, enabling organizations to expedite their innovation initiatives while ensuring robust security. Exclusively available on AWS, Cloud NGFW for AWS swiftly incorporates Palo Alto Networks' renowned security features into organizations' cloud installations. Recognizing the preference of customers to focus on application development and business operations rather than managing cloud network security infrastructure, Cloud NGFW for AWS transfers operational responsibilities, including deployment, maintenance, availability, and scalability, to Palo Alto Networks.

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