CybersecurityNext generation firewall market to grow 24 percent annually through 2014
The global next-generation firewall market will grow at a CAGR of 24 percent over the period of 2010-14; the market is currently being driven by the increasing number and intensity of security threats on the Web
MarketResearch’s new report — “Global Next Generation Firewall Market 2010-2014” — forecasts that the global next-generation firewall market will grow at a CAGR of 24 percent over the period of 2010-14.
The report focuses on the Americas and EMEA regions, and it indicates that the market is currently being driven by the increasing number and intensity of security threats on the Web.
“Threats to Web applications and websites have increased not only in terms of number, but also in complexity over recent years. The threats are now embedded and they focus on targeting vulnerable users to avoid detection. Thus, with the evolution of complex threats, there is an increasing need to adopt smart detection techniques such as next generation firewalls which have features such as strong inspection techniques and application awareness,” reports an analyst.
MarketResearch says that in spite the demand for next generation firewalls, network slowdowns are hindering the growth of this market. The growing dependence on new Web application architecture, however, is expected to drive demand. Moreover, the next-generation firewall market is witnessing a growing demand for additional security feature offerings.
