Next Generation Firewall Market Share

Statistics for the 2023 & 2024 Next Generation Firewall market share, created by Mordor Intelligence™ Industry Reports. Next Generation Firewall share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Next Generation Firewall Industry

The next-generation firewall market is moderately consolidated, with the presence of many small and big players in the domestic as well as the international market. The market is moderately concentrated with the key strategies adopted by the major players in product innovation and mergers and acquisitions to stay ahead of the competition. Some major players in the market are Juniper Networks Inc., Dell Technologies, and Huawei Technologies Co. Ltd, among others.

In August 2022, Hillstone Networks, a provider of innovative and accessible cybersecurity solutions, introduced two new models in its A-Series next-generation firewalls (NGFWs), the A7600 and A6800, to assist enterprises in securing their expanding network edge, delivering powerful network security capabilities and driving sustainability with solutions in a compact 1RU form factor.

In October 2022, Clavister, a European cybersecurity company for mission-critical applications, announced a renewed agreement with Nokia to continue their long-standing collaboration and satisfy the growing demand for 5G security. Nokia will integrate NetShield among the solutions offered in Nokia Managed Firewall Services (MFS) and Nokia Managed Security Services (MSS) as part of the new collaboration arrangement. Nokia MFS blends Clavister's superior telco-grade capabilities (which handle the technology) with the key services model centered on the firewall to provide a comprehensive solution for Nokia's customers as a service.

Next Generation Firewall Market Leaders

  1. Juniper Networks Inc.

  2. Palo Alto Networks Inc.

  3. Dell Technologies

  4. Huawei Technologies Co. Ltd

  5. Fortinet Inc.

*Disclaimer: Major Players sorted in no particular order

Next Generation Firewall Market Concentration

Next Generation Firewall Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)