Next-Generation Firewall (NGFW) Market Revenue to Attain USD 19.47 Bn by 2035
Published: 31 Dec 2025
Author: Precedence Research
Next-Generation Firewall (NGFW) Market Revenue and Trends 2026 to 2035
The global next-generation firewall (NGFW) market revenue surpassed USD 6.73 billion in 2025 and is predicted to attain around USD 19.47 billion by 2035, growing at a CAGR of 11.21%. The market is expanding due to the increasing cyberthreat and evolving cybersecurity solutions by companies to mitigate data breaches.
What are the Driving Factors of Next-Generation Firewall Market?
The next-generation firewall market is expanding steadily due to the increasing sophistication of cyberattacks, the rise of complex and distributed IT environments, and growing adoption of cloud-native applications. Organizations are facing advanced threats such as ransomware, zero-day exploits, and lateral movement attacks, which require deeper traffic inspection, application-level visibility, and real-time threat prevention capabilities beyond traditional firewalls.
Integration of artificial intelligence and machine learning within next-generation firewalls is a key growth driver, enabling proactive threat detection, behavioral analysis, and automated response before security incidents escalate. AI-driven engines continuously analyze traffic patterns and user behavior to identify anomalies, reduce false positives, and improve threat intelligence accuracy across enterprise networks.
Convergence of next-generation firewall functionality with secure access service edge architectures is strengthening market momentum. This integration allows organizations to deliver consistent security policies across branch offices, remote users, and distributed locations while simplifying security management. The rapid adoption of hybrid and multi-cloud environments further amplifies demand, as enterprises require centralized visibility, continuous monitoring, and robust protection across on-premise, edge, and cloud infrastructures, supporting large-scale market expansion.
Segments Insights
- By Product, The hardware segment held the largest market share in 2025 due to its essential role with security related to the application control system, deep packet inspection, and integrated threat prevention.
- By Component, The hardware appliances segment held the largest market share in 2025 due to its specificity and dedicated memory that can be optimized for network traffic inspection.
- By Deployment Mode, The on-premises segment held the largest market share in 2025 due to its unparalleled safety from potential data breaches, along with its ability to protect multiple layers that allows traffic inspection.
- By End User, The BFSI segment held the largest market share in 2025, due to its highly regulated nature and strict data protection laws like GDPR. BFSI sector’s organizations are handling massive datasets that need to have frequent audits for security purposes.
Regional Insights
North America held the largest market share in 2025, supported by early and sustained adoption of advanced cybersecurity technologies across both public and private sectors. Strong regulatory oversight and cybersecurity frameworks led by agencies such as the Cybersecurity and Infrastructure Security Agency have encouraged enterprises to deploy robust network protection tools, including next-generation firewalls. The region is home to leading cybersecurity vendors that continuously invest in AI-driven threat detection, zero-trust enforcement, and cloud-native firewall architectures to address escalating ransomware, supply chain attacks, and nation-state threats. High cybersecurity spending across BFSI, healthcare, defense, and critical infrastructure further reinforces North America’s leadership in the next-generation firewall market.
Asia Pacific is projected to grow at the fastest CAGR during the foreseeable period, driven by rapid digital transformation and expanding adoption of hybrid and remote work models. Countries such as China, India, and Japan are strengthening data protection regulations and cybersecurity mandates, prompting enterprises to enhance network-level security controls. Growing cloud adoption, expansion of digital services, and increasing cybercrime targeting enterprises and government systems are accelerating demand for next-generation firewalls that offer application visibility, intrusion prevention, and centralized policy management. These structural shifts are expected to sustain strong growth momentum for the market across Asia Pacific.
Next-Generation Firewall (NGFW) Market Coverage
| Report Attribute | Key Statistics |
| Market Revenue in 2025 | USD 6.73 Billion |
| Market Revenue by 2035 | USD 19.47 Billion |
| CAGR from 2026 to 2035 | 11.21% |
| Quantitative Units | Revenue in USD million/billion, Volume in units |
| Largest Market | North America |
| Base Year | 2025 |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa |
Recent Development
- In December 2025, Palo Alto Networks and Google Cloud Forge Collaborated to secure AI-powered cloud systems. The consumers will be further able to protect Live AI workloads and data on google cloud, such as Vertex AI and Agent Engine.(Source: https://www.varindia.com)
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