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Research and Markets: Global Next Generation Firewall (NGFW) Market 2015-2019 with Check Point Software Technologies, Cisco, Fortinet, Juniper Networks, McAfee & Palo Alto Networks DominatingResearch and Markets (http://www.researchandmarkets.com/research/29qzj8/global_next) has announced the addition of the "Global Next Generation Firewall (NGFW) Market 2015-2019" report to their offering. The analysts forecast the Global Next Generation Firewall market to grow at a CAGR of 12.1% over the period 2014-2019 A NGFW is a deep packet inspection firewall that can detect and block sophisticated attacks. It is enabled by implementing security policies at the application level and protocol level of a network. It provides a platform to network security policy enforcement and network traffic inspection. NGFWs have the capabilities of the standard first generation firewall, which consists of packet filtering, NAT, VPN, and SPI. The primary characteristic of a NGFW is the integration of high quality of the IPS engine and signatures. For making better blocking decsions, NGFW brings information from sources outside the firewall. The adoption of virtualization and cloud computing is one of the major trends emerging in this market. As organizations are expanding, and the adoption of virtualization, cloud computing, and enterprise mobility is increasing, the demand for NGFW is also likely to increase. According to the report, a major driver of the market is the high-profile security breach. It is critical for businesses to secure their confidential data and information as it involves huge numbers of people and investments. Therefore, large enterprises and government organizations are the major adopters of NGFW solutions. Further, the report states that one of the major challenges that hinder the market's growth is the high cost of NGFW. The Implementation and maintenance of hardware and software security services on the organization's premises requires high initial investment. This deters SMEs and start-ups from investing in this solution. To calculate the market size, the report considers revenue generated from the sales of NGFW solutions for the following end-users segments:
Key Vendors
For more information visit http://www.researchandmarkets.com/research/29qzj8/global_next
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