Next-Generation Firewall (NGFW) Market By Component (Hardware, Software, and Services), By Firewall Type, By Deployment Mode, By Enterprise Size, By Industry Vertical - Global Industry Outlook, Key Companies (Huawei Technologies, Hillstone Networks, A10 Networks, and others), Trends and Forecast 2025-2034

Market Overview

The Global Next-Generation Firewall (NGFW) Market size is projected to reach USD 6.8 billion in 2025 and grow at a compound annual growth rate of 8.6% from there until 2034 to reach a value of USD 14.2 billion.

Next-Generation Firewalls (NGFWs) are advanced security systems that go beyond traditional firewalls. Unlike older firewalls that mainly filter traffic based on IP addresses, ports, and protocols, NGFWs include deeper inspection of data. They can identify and control applications, inspect encrypted traffic, block malware, and integrate with threat intelligence services. This makes NGFWs more suitable for protecting modern networks against complex and fast-changing cyber threats.

The demand for NGFWs has grown steadily due to an increase in cyberattacks and the need for stronger security across all types of businesses. As more people work remotely and cloud adoption increases, companies are seeking better ways to secure their networks. NGFWs help by offering detailed visibility into network traffic, allowing IT teams to monitor and stop suspicious activities before damage occurs. Their ability to combine several security features into one device makes them a preferred choice.

One major trend is the move toward cloud-based and hybrid NGFW solutions. As companies shift to cloud platforms like AWS or Azure, they need firewalls that can protect both physical networks and cloud environments. Cloud NGFWs can scale easily, adapt to new threats quickly, and support modern applications better than traditional firewalls. Vendors are increasingly offering firewall-as-a-service options to meet these needs.

Another trend is the use of artificial intelligence (AI) and machine learning (ML) in NGFWs. These technologies help detect unknown threats by analyzing patterns and behaviors rather than relying only on known signatures. This proactive approach improves response time and reduces false alarms. AI-powered NGFWs can also automate some security tasks, easing the burden on IT teams.

In recent years, several notable events have influenced NGFW development. Major data breaches, ransomware attacks, and stricter data protection laws have forced organizations to upgrade their network defenses. The pandemic accelerated remote work, which created new network security gaps. In response, many companies invested in NGFWs with secure remote access and threat prevention capabilities.

The US Next-Generation Firewall (NGFW) Market

The US Next-Generation Firewall (NGFW) Market size is projected to reach USD 2.1 billion in 2025 at a compound annual growth rate of 8.1% over its forecast period.

The US plays a leading role in the Next-Generation Firewall (NGFW) market due to its strong presence of major cybersecurity firms and early adoption of advanced technologies. With a high rate of cyber threats and strict regulatory standards, US organizations prioritize robust network security, driving demand for NGFW solutions. The country also has a large base of cloud and data center infrastructures, increasing the need for scalable and intelligent firewall systems.

Government initiatives and investments in cybersecurity further support market growth. Additionally, US-based companies are at the forefront of innovation, integrating AI, machine learning, and Zero Trust models into NGFW products. This technology leadership, combined with a proactive approach to security, makes the US a central player in the global NGFW landscape.

Europe Next-Generation Firewall (NGFW) Market

Europe Next-Generation Firewall (NGFW) Market size is projected to reach USD 1.7 billion in 2025 at a compound annual growth rate of 8.3% over its forecast period.

Europe holds a significant position in the Next-Generation Firewall (NGFW) market, driven by growing concerns over data privacy, increasing cyber threats, and strong regulatory frameworks like the GDPR. European organizations across sectors such as finance, healthcare, and government are investing in NGFW solutions to ensure compliance and protect critical infrastructure.

The region is also witnessing a rise in cloud adoption and remote work, which increases the demand for secure, flexible network protection. European countries are focusing on digital sovereignty and security resilience, encouraging the use of advanced security technologies. Additionally, the presence of several innovative cybersecurity vendors and collaborative efforts among EU member states for cybersecurity standards further strengthen Europe's role in shaping the NGFW market landscape.

Japan Next-Generation Firewall (NGFW) Market

Japan Next-Generation Firewall (NGFW) Market size is projected to reach USD 272 million in 2025 at a compound annual growth rate of 8.7% over its forecast period.

Japan plays an important role in the Next-Generation Firewall (NGFW) market, fueled by its focus on advanced technology and cybersecurity preparedness. As a highly digitalized economy, Japan faces increasing cyber threats targeting critical sectors like finance, manufacturing, and government. The country's commitment to protecting its digital infrastructure, especially ahead of major global events and expanding smart city initiatives, has led to greater adoption of NGFWs.

Japanese enterprises are integrating NGFW solutions to secure cloud environments, IoT systems, and remote work setups. The government is also actively promoting cybersecurity awareness and resilience through national policies and public-private partnerships. Japan’s strategic investments in AI-driven security and trusted technology frameworks position it as a strong contributor to the evolving NGFW market.

Next-Generation Firewall (NGFW) Market: Key Takeaways

• Market Growth: The Next-Generation Firewall (NGFW) Market size is expected to grow by USD 6.9 billion, at a CAGR of 8.6%, during the forecasted period of 2026 to 2034.
• By Component: Thehardware segment is anticipated to get the majority share of the Next-Generation Firewall (NGFW) Market in 2025.
• By Enterprise Size: The large enterprise segment is expected to get the largest revenue share in 2025 in the Next-Generation Firewall (NGFW) Market.
• Regional Insight: North America is expected to hold a 37.2% share of revenue in the Global Next-Generation Firewall (NGFW) Market in 2025.
• Use Cases: Some of the use cases of Next-Generation Firewall (NGFW) include data center defense, cloud application protection, and more.

Next-Generation Firewall (NGFW) Market: Use Cases

• Remote Workforce Security: NGFWs help secure connections for employees working remotely by inspecting traffic between home devices and the company network. They enforce security policies, block suspicious activities, and allow safe access to internal systems. This is crucial for preventing breaches caused by unsecured remote access points.

• Cloud Application Protection: NGFWs protect traffic going to and from cloud-based applications by identifying and controlling specific apps. They can apply policies based on user identity, device, or app behavior, reducing risks from misconfigured cloud services. This ensures secure use of SaaS platforms and public cloud environments.
• Data Center Defense: Inside data centers, NGFWs provide strong segmentation and traffic control between critical systems. They detect malware, stop unauthorized access, and prevent lateral movement by attackers. This is especially useful in environments with sensitive data and complex workloads.
• Compliance and Audit Readiness: NGFWs assist organizations in meeting security compliance standards by providing detailed logs, reporting, and policy enforcement. They help demonstrate security measures to auditors and regulatory bodies. This supports industries like healthcare, finance, and government, where compliance is mandatory.

Stats & Facts

• Positive Technologies on Surge in Cyberattacks in CIS Region

  • Cyberattacks on CIS countries rose by 260% year-on-year in Q2 2024 compared to the same quarter in 2023, showing an alarming escalation in threat activity.
  • Nearly three-quarters (73%) of attacks on CIS organizations were aimed at Russia, while Kazakhstan and Belarus followed at 8% and 7% respectively, pointing to concentrated regional targeting.
  • Government agencies (18%), industrial sectors (11%), and telecommunications companies (10%) emerged as the most frequently attacked sectors within the region.
• Positive Technologies on Attack Methods and Consequences
  • Malware and social engineering remained the primary attack vectors both globally and in the CIS, with the CIS region seeing DDoS attacks at a significantly higher rate—18% versus the global 8%.
  • The main consequences of successful attacks on organizations included data breaches (41%) and disruption of essential operations (37%), impacting business continuity.
  • Attacks on individuals in the region led to data breaches in 69% of cases and direct financial losses in 32%, showing the extent of personal risk.
• Positive Technologies on Cyber Threat Actors
  • Cyberespionage groups were responsible for 18% of successful attacks, heavily targeting government institutions, industrial organizations, and the education sector.
  • Hacktivists accounted for 26% of cyberattacks against CIS organizations, largely focused on data theft and coordinated DDoS operations aimed at disrupting services.
• Positive Technologies on Ransomware and Malware Trends
  • One in five malware-based incidents in the CIS involved ransomware, with 88% of these attacks being financially motivated.
  • Industrial and manufacturing companies were the most common targets for ransomware, representing 21% of such attacks across the region.
• Positive Technologies on Dark Web Activity Related to CIS
  • The number of CIS-related listings on dark web marketplaces increased by 35% in the first half of 2024 compared to the same period in 2023.
  • Most of these listings—about 40%—were database-related, and notably, 79% of the databases were being distributed free of charge, fueling the spread of sensitive data across threat networks.

Market Dynamic

Driving Factors in the Next-Generation Firewall (NGFW) Market

Rising Cybersecurity Threats and Advanced Attack Methods

One of the main drivers of the Next-Generation Firewall (NGFW) market is the continuous rise in cyberattacks targeting businesses, governments, and individuals. Threats like ransomware, phishing, zero-day exploits, and advanced persistent threats (APTs) are becoming more complex and frequent. Traditional firewalls are no longer sufficient to detect and stop these modern attacks.

NGFWs, with their ability to inspect deep packet content, identify application-layer threats, and integrate with real-time threat intelligence, offer more powerful protection. As organizations become more aware of the potential financial and reputational damage caused by data breaches, they are investing heavily in more advanced network defenses. This growing need for multi-layered, intelligent security systems is pushing the demand for NGFW solutions across all sectors.

Growth in Cloud Adoption and Remote Work Models

The widespread shift to cloud-based services and the rise of remote and hybrid work environments are also fueling the NGFW market. As companies migrate their operations and data to cloud platforms, they face new security challenges that traditional firewalls cannot address. NGFWs offer protection for both on-premises and cloud networks, enabling consistent policy enforcement and visibility across all endpoints.

Additionally, with more employees accessing sensitive data from various locations and devices, the risk of unauthorized access and data leakage increases. NGFWs provide secure remote access, application control, and user-aware traffic filtering, making them essential for modern distributed workplaces. This ongoing digital transformation is expected to keep driving demand for flexible and scalable NGFW solutions.

Restraints in the Next-Generation Firewall (NGFW) Market

High Implementation and Operational Costs

One of the key restraints in the Next-Generation Firewall (NGFW) market is the high cost associated with purchasing, implementing, and maintaining these systems. NGFWs often require advanced hardware, software licenses, and skilled personnel for proper setup and management. Small and medium-sized businesses, in particular, may find it difficult to afford these solutions due to limited IT budgets.

Additionally, the cost of training staff or hiring cybersecurity professionals to manage complex firewall settings adds to the overall expense. For organizations with large, distributed networks, scaling up NGFW deployments further increases financial pressure. These cost barriers can delay or prevent businesses from upgrading their existing network security infrastructure to more advanced NGFW systems.

Complex Integration with Existing Infrastructure

Integrating NGFWs into existing IT environments can be a challenging and time-consuming process, especially in large organizations with legacy systems. Many businesses have a mix of old and new technologies, and aligning NGFWs with these systems without disrupting operations can be complex. Compatibility issues, migration risks, and the need for system reconfiguration often slow down the deployment.

In some cases, businesses may also face difficulties aligning NGFWs with their current security policies or compliance frameworks. The learning curve for IT teams unfamiliar with NGFW functionalities can also pose problems. This complexity makes some organizations hesitant to adopt NGFW solutions, despite recognizing their benefits.

Opportunities in the Next-Generation Firewall (NGFW) Market

Expansion of 5G Networks and IoT Devices

The rapid rollout of 5G networks and the increasing number of connected Internet of Things (IoT) devices present a major opportunity for the Next-Generation Firewall (NGFW) market. As 5G enables faster data transfer and broader connectivity, it also opens more potential entry points for cyber threats. IoT devices often lack built-in security, making them vulnerable to attacks.

NGFWs can play a crucial role by providing advanced threat detection, device-level visibility, and segmentation of network traffic. Organizations will need stronger perimeter defenses to secure this expanding digital ecosystem. This growing demand for real-time security at the network edge is expected to drive NGFW adoption in industries like manufacturing, healthcare, smart cities, and telecom.

Growing Demand for Managed Security Services

As cybersecurity threats become more sophisticated, many organizations—especially smaller firms—are turning to managed security service providers (MSSPs) for help. This shift is creating opportunities for NGFW vendors to offer their solutions through service-based models, such as Firewall-as-a-Service (FWaaS). These cloud-delivered options provide advanced firewall capabilities without the need for heavy in-house infrastructure or specialized staff.

Businesses benefit from continuous monitoring, automatic updates, and expert threat response. The flexibility and cost-efficiency of managed services make NGFWs more accessible to a wider range of customers. As more organizations embrace outsourced security models, NGFW providers can expand their market reach and tailor offerings to meet various industry-specific needs.

Trends in the Next-Generation Firewall (NGFW) Market

Adoption of Zero Trust Architecture (ZTA)

A major trend in the NGFW market is the integration of Zero Trust principles, where no user or device is automatically trusted, even inside the network. NGFWs are evolving to support microsegmentation, continuous verification, and dynamic access controls. They help enforce strict authentication, inspect every transaction, and isolate sensitive resources to reduce lateral movement of threats.

This shift enhances security posture by assuming potential breaches and verifying each request. As organizations strive for a more robust, flexible defense framework, NGFWs are becoming key components of Zero Trust strategies, enabling safer access for users, applications, and workloads across distributed environments.

Convergence with SASE

Another prominent trend is the merging of NGFW capabilities into broader Secure Access Service Edge platforms. SASE combines network security and wide-area networking into a unified cloud-native service model. NGFW features like deep packet inspection, intrusion prevention, and threat intelligence are being embedded within SASE solutions.

This allows organizations to deliver consistent security policies across remote users, branch offices, and cloud workloads. By integrating NGFW into SASE, vendors enable simplified management, scalability, and faster rollout of security services. As digital transformation accelerates, the adoption of SASE with built-in NGFW is becoming a preferred approach for agile and distributed enterprises.

Research Scope and Analysis

By Component Analysis

Hardware segment is expected to lead the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 46.4%, making it the most preferred deployment type among organizations. Many companies continue to rely on physical firewall appliances for better performance, easier installation, and full control over their network infrastructure. Hardware-based NGFWs are especially popular in large enterprises, data centers, and critical infrastructure where strong perimeter security and consistent traffic inspection are needed.

These devices offer reliable packet filtering, intrusion prevention, and deep traffic visibility. With the increasing number of cyberattacks and the need for real-time threat monitoring, the demand for dedicated hardware firewalls is growing. The ability to manage high network traffic loads and ensure low-latency protection makes hardware a reliable and scalable option for businesses across sectors. As a result, the hardware segment remains a key driver in the overall growth of the NGFW market worldwide

Further, services segment is witnessing significant growth over the forecast period in the Next-Generation Firewall (NGFW) market, driven by the rising need for ongoing support, configuration, and maintenance. Many businesses, especially those with limited internal cybersecurity teams, prefer to outsource these tasks to specialized providers.

Services include consulting, system integration, managed firewall operations, and regular threat updates. With evolving threat landscapes and changing network setups, companies rely on expert services to keep their firewall systems up to date and fully optimized. The demand is particularly high in cloud-based and hybrid environments where continuous monitoring and quick response are crucial.

Additionally, service-based models like Firewall-as-a-Service (FWaaS) offer flexibility and cost-effectiveness, making them attractive for small and mid-sized enterprises. This growing focus on managed and professional services is helping organizations improve security posture without heavy in-house resource commitments, boosting the services segment’s role in NGFW market expansion.

By Firewall Type Analysis

Physical or traditional firewall segment is expected to dominate the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 52.9%, showing its continued relevance in network security strategies. These firewalls are widely used in on-premise environments where businesses need direct control over their infrastructure. They offer strong protection at the network perimeter, blocking unauthorized access, filtering traffic, and performing deep packet inspection in real time.

Physical NGFW appliances are known for their high performance, reliability, and compatibility with legacy systems, making them a solid choice for enterprises with large-scale operations. Organizations handling sensitive data or critical workloads often prefer traditional firewalls for tighter security control. Despite the shift toward cloud, many companies still value the security and stability that comes with dedicated hardware. Their ability to support complex security policies and large volumes of data traffic keeps physical firewalls in high demand across various industries.

Cloud firewall segment is gaining strong momentum in the Next-Generation Firewall (NGFW) market, with significant growth expected over the forecast period. Businesses moving to cloud platforms are seeking firewall solutions that can scale easily and adapt to dynamic environments. Cloud-based NGFWs offer flexibility, faster deployment, and centralized security policy management across multi-cloud and hybrid networks. They are ideal for protecting remote users, virtual machines, and software-as-a-service (SaaS) applications.

This segment is particularly attractive to organizations looking to reduce hardware costs while maintaining robust protection. With cloud adoption rising, demand for cloud-native firewalls that offer real-time threat detection, deep traffic analysis, and automatic updates is also increasing. The ability to integrate with modern security frameworks like Zero Trust makes cloud firewalls a preferred choice for agile and digitally transforming enterprises, supporting their evolving security needs without the limitations of physical infrastructure.

By Deployment Mode Analysis

On-premise deployment mode is set to lead the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 56.8%, reflecting the continued preference of many organizations for local control over network security. This mode allows businesses to install and manage firewall solutions within their own infrastructure, offering greater visibility and direct control over traffic and data flow. Industries dealing with highly sensitive information, such as finance, defense, and healthcare, often rely on on-premise setups to meet strict compliance and regulatory requirements.

On-premise NGFWs also offer strong performance and customization options, especially in environments with heavy traffic and complex security needs. Many enterprises prefer this approach because it minimizes reliance on external networks, enhances data privacy, and supports detailed configuration. Even with growing interest in cloud-based solutions, the demand for secure, in-house firewall systems remains strong, keeping on-premise deployment a dominant choice in the NGFW market.

Cloud-based deployment mode is witnessing rapid expansion in the growth of the Next-Generation Firewall (NGFW) market, showing significant momentum over the forecast period. With more organizations adopting cloud computing and remote work, the need for scalable, flexible, and easy-to-manage security solutions is rising. Cloud-deployed NGFWs provide consistent protection across distributed environments and support centralized policy enforcement.

They reduce the burden of managing physical infrastructure and allow faster implementation of updates and patches. This model fits well with businesses operating in multi-cloud or hybrid setups, offering secure access to applications, data, and workloads from any location. The growing reliance on digital platforms and cloud-native applications is pushing organizations to shift toward cloud firewalls. As a result, the cloud-based segment is becoming increasingly important in helping businesses maintain strong network protection while staying agile and cost-efficient.

By Enterprise Size Analysis

The large enterprises segment is anticipated to lead the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 63.8%, driven by their complex infrastructure and heightened security requirements. These organizations often manage large volumes of sensitive data, multiple branch offices, and a wide range of digital assets, making them prime targets for cyberattacks. To protect against evolving threats, large enterprises invest heavily in advanced firewall systems that offer deep packet inspection, application awareness, and real-time threat intelligence.

NGFWs help them maintain strict compliance with industry regulations while ensuring secure access across their global networks. These businesses also have the resources to deploy both hardware and cloud-based firewall solutions, creating a layered security environment. With growing digital transformation initiatives and an increasing reliance on hybrid IT systems, large enterprises continue to drive demand for scalable and high-performance NGFW solutions that can meet their expanding operational and security needs.

Further, SMEs segment is showing strong growth in the Next-Generation Firewall (NGFW) market over the forecast period, fueled by the growing awareness of cyber risks and the need for cost-effective security. Small and medium-sized enterprises are increasingly becoming targets for cyber threats due to weaker defenses and limited IT resources. To address this, many SMEs are adopting NGFWs that offer simplified management, cloud-based deployment, and automatic threat detection.

These solutions help protect critical business data without requiring large investments in hardware or specialized teams. As more SMEs move to cloud services, remote work, and digital platforms, the demand for easy-to-use and flexible NGFW solutions is rising. Vendors are also offering tailored firewall packages and Firewall-as-a-Service options, making enterprise-grade security more accessible. This shift is enabling SMEs to improve their cybersecurity posture while staying agile and competitive in the digital economy.

By Industry Vertical Analysis

BFSI segment is projected to lead the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 21.8%, reflecting the sector’s strong focus on securing financial data and digital transactions. Banks, insurance firms, and financial institutions face constant threats from cybercriminals aiming to exploit sensitive customer information and disrupt critical services. NGFWs offer the advanced protection needed to detect intrusions, block malware, and manage secure traffic across large networks. With the growing use of online banking, mobile apps, and digital payment platforms, the demand for robust firewall solutions has increased significantly.

The BFSI sector also operates under strict regulatory and compliance requirements, making security a top priority. NGFWs enable real-time monitoring, policy enforcement, and deep packet inspection, helping financial institutions maintain data privacy and service continuity. As digital transformation in finance expands, the need for intelligent and scalable NGFW systems continues to rise across this industry.

The healthcare segment is experiencing notable growth in the Next-Generation Firewall (NGFW) market throughout the forecast period due to rising cybersecurity concerns in medical environments. Hospitals, clinics, and healthcare providers manage highly sensitive patient data, making them attractive targets for ransomware and data breaches. NGFWs help protect electronic health records, connected medical devices, and cloud-based health systems with features like intrusion prevention, traffic filtering, and real-time threat detection.

The growing use of telemedicine and digital health platforms further increases the need for reliable network security. Healthcare institutions are also required to meet data protection regulations, which push them to adopt advanced firewall technologies. With limited in-house IT teams, many facilities are turning to easy-to-deploy and manage NGFW solutions to secure their networks. As digital healthcare expands, the healthcare segment is becoming a key contributor to the growing demand for modern firewall systems.

The Next-Generation Firewall (NGFW) Market Report is segmented on the basis of the following:

By Component

• Hardware
• Software
• Services

 By Firewall Type

• Traditional/Physical Firewall
• Virtual Firewall
• Cloud Firewall

By Deployment Mode

• On-Premises
• Cloud-Based
• Hybrid

By Enterprise Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Industry Vertical

• BFSI
• IT & Telecom
• Government & Public Sector
• Healthcare
• Retail
• Manufacturing
• Education
• Energy & Utilities
• Others

Regional Analysis

Leading Region in the Next-Generation Firewall (NGFW) Market

North America will be leading the Next-Generation Firewall (NGFW) market in 2025 with an estimated share of 37.2%, making it the most dominant region in this space. This strong position is mainly due to the early adoption of advanced cybersecurity technologies, a high concentration of leading tech companies, and increasing awareness about data protection. Businesses across industries in the US and Canada are rapidly modernizing their IT infrastructure, which includes upgrading to NGFWs to handle more sophisticated cyber threats.

The rise in cloud computing, remote work, and IoT adoption in the region has also created a strong demand for smarter, more flexible firewall systems. North America benefits from strict data security regulations and active government support for cybersecurity, encouraging enterprises to invest in high-end solutions like NGFWs. Moreover, ongoing digital transformation and a growing need for network visibility and control are further pushing the region’s growth.

Fastest Growing Region in the Next-Generation Firewall (NGFW) Market

Asia Pacific is showing significant growth in the Next-Generation Firewall (NGFW) market over the forecast period, driven by rising cybersecurity threats, rapid digitalization, and growing investments in IT infrastructure. Countries like China, India, Japan, and South Korea are increasing their focus on network security due to expanding internet usage and cloud adoption.

The growing number of small and medium enterprises, along with digital government initiatives, is pushing the need for advanced firewall solutions across the region. With more businesses moving to hybrid work models and relying on data centers and cloud platforms, the demand for NGFW systems that offer deep packet inspection and real-time threat protection is steadily increasing.

By Region

North America

• The U.S.
• Canada

Europe

• Germany
• The U.K.
• France
• Italy
• Russia
• Spain
• Benelux
• Nordic
• Rest of Europe

Asia-Pacific

• China
• Japan
• South Korea
• India
• ANZ
• ASEAN
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Argentina
• Colombia
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• UAE
• South Africa
• Israel
• Egypt
• Rest of MEA

Competitive Landscape

The Next-Generation Firewall (NGFW) market is highly competitive, with many well-established and newer players offering a wide range of solutions. The competition is driven by growing demand for advanced network security, especially as businesses shift to cloud environments and remote work. Companies in this space compete by offering better threat detection, faster performance, easier integration, and flexible deployment options.

Some focus on physical appliances, while others specialize in cloud-based or hybrid models. Innovation in artificial intelligence, machine learning, and automated threat response has become a key factor in standing out. Customer service, pricing models, and global reach also play important roles. Overall, the market continues to evolve quickly, with vendors racing to address emerging security threats and changing business needs.

Some of the prominent players in the global Next-Generation Firewall (NGFW) are:

• Huawei Technologies
• Hillstone Networks
• A10 Networks
• Sangfor Technologies
• Zscaler
• McAfee
• Trend Micro
• FireEye
• Untangle
• Stormshield
• Palo Alto Networks
• Fortinet
• Cisco Systems
• Check Point Software Technologies
• Juniper Networks
• Sophos
• Barracuda Networks
• Forcepoint
• WatchGuard Technologies
• SonicWall
• Other Key Players

Recent Developments

• In June 2025, Cisco introduced a new network architecture designed to support the future of campus, branch, and industrial networks. Built for AI-driven workloads, it offers unified management, advanced security, and next-gen devices to tackle rising traffic and cyber threats. Cisco’s IT Networking Leader Survey shows 97% of businesses see network upgrades as essential for AI and IoT success. With potential global losses from major outages nearing $160 billion, Cisco aims to simplify operations and enhance uptime through its new AI-optimized architecture and AgenticOps platform.
• In May 2025, Fortinet introduced the FortiGate 700G series, a next-generation firewall designed for modern campus networks. Powered by Fortinet’s NP7 and SP5 ASICs and its FortiOS platform, the 700G delivers up to 7x better firewall throughput and 4x stronger threat protection with significantly lower power usage than competitors. It features advanced networking, FortiGuard AI-Powered Security Services, and enhancements like post-quantum cryptography, FortiAI-Protect for AI-based threat detection, and GenAI risk assessment. The FortiGate 700G helps enterprises reduce risk, boost performance, and secure hybrid IT environments efficiently and effectively.
• In February 2025, Kyndryl launched end-to-end SASE services in partnership with Palo Alto Networks' Prisma SASE, powered by Precision AI. This offering delivers a cloud-first, zero-trust security solution that unifies network and security into a single cloud-delivered service. Prisma SASE enables secure, granular access to applications, edge systems, and IoT. As Kyndryl’s Readiness Report reveals, while 94% of leaders prioritize modernization, only 39% feel their IT infrastructure is ready for future risks.
• In November 2024, Versa launched its Versa Cloud Firewall for AWS in a pay-as-you-go (PAYG) model on the AWS Marketplace. This new option complements Versa’s Bring-Your-Own-License (BYOL) model, offering enterprises greater flexibility for scalable, on-demand cloud firewall protection. The solution is fully integrated with AWS and delivers top-tier performance and security. In CyberRatings.org’s 2024 test, Versa earned a “Recommended” rating with the highest scores for both Security Effectiveness and Rated Throughput among all vendors.

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