Next-Generation Firewall (NGFW) Market: Projected to Reach USD 11.89 Billion by 2032, Growing at a 12.0% CAGR
Market Overview
The Next-Generation Firewall (NGFW) market is rapidly expanding as businesses and organizations globally adopt advanced security solutions to combat evolving cyber threats. NGFWs go beyond traditional firewall technology by integrating deep packet inspection, application-level inspection, intrusion prevention systems (IPS), and threat intelligence services, making them an essential tool for modern network security. The surge in cyberattacks, coupled with increasing regulatory requirements, is driving the demand for robust NGFW solutions across sectors such as finance, healthcare, government, and e-commerce.
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