Next-generation Firewall Market Forecast 2020 – Market Trends and Forecast to 2030 Market Highlights The next-generation firewall delivers security services such as firewall, intrusion prevention, and application control. These next-generation firewall systems deal with large amounts of computer-generated log data and process it by managing, collecting, reporting, and archiving logs that are generated from several devices such as firewalls, routers, and servers. With the help of next-generation firewall systems, the organizations can manage log data effectively and also ensure the integrity and enhanced business solutions. According to Market Research Future (MRFR), the global next-generation firewall market is estimated to grow up to USD 4.69 billion by 2023, at 11.4% of CAGR between the forecast period of 2017 and 2023. The market is estimated to be driven by factors such as the increasing interconnectivity through IoT, the alarming rise in internal and external threats and targeted data attacks, and the high functionality of next-generation firewall that is encouraging deployment. The market growth is estimated to be hindered by factors such as the high cost of the next generation firewall systems, and the increasing adoption of unified threat management (UTM) in small and medium enterprises (SMEs). Additionally, the presence of traditional firewalls which cannot tackle advanced threats like next-generation firewall systems restricts the market growth due to the low awareness of the new systems. Nevertheless, the high market growth opportunities posed by virtual next-generation firewall systems, along with the single vendor firewall deployment, is estimated to contribute substantially to the market growth over the forecast period. Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/3261