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Research and Markets: The Global Next Generation Firewall Market to Grow At a CAGR of 24 Percent over the Period of 2010-2014 Says Latest Study

Posted by admin on July 25, 2011

Research and Markets: The Global Next Generation Firewall Market to Grow At a CAGR of 24 Percent over the Period of 2010-2014 Says Latest Study

DUBLIN –(Business Wire)–

Research and Markets(http://www.researchandmarkets.com/research/bed2ab/global_next_genera)
has announced the addition of the “Global
Next Generation Firewall Market 2010-2014” report to their offering.

Next Generation Firewall Market Witnessing Demand for Additional
Security Features

Technavio’s report, which focusses on the Americas and EMEA regions,
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 vulnerableusers to avoid
detection. Thus, with the evolution of complex threats, there is an
increasing need adopt smart detection techniques such as next generation
firewalls which have features such as strong inspection techniques and
application awareness, reports a TechNavio analyst.

In spite of the demand for next generation firewalls, network slowdowns
are hindering the growth of this market. However, the growing dependence
on new web application architecture is expected to drive demand.
Moreover, the Next Generation Firewall market is witnessing a growing
demand for additional security feature offerings.

These are just some of the important findings presented in the report
that will enable companies to fully understand the potential in this
market and formulate their own strategies.

Find Solutions for Enterprises, SMBs & Service Providers at The World’s Communications Conference, ITEXPO West. September 13-15, 2011 Austin, Texas

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TechNavio’s analysts forecast the Global Next Generation Firewall market
to grow at a CAGR of 24 percent over the period of 2010-2014. One of the
key factors contributing to this market growth is the proliferation of
HTTP-based applications. The Global Next Generation Firewall market has
also been witnessing increasing demand for offerings with additional
security features. However, due to the complex nature of next generation
firewalls, the lack of skilled administrators could pose a challenge to
the growth of this market.

The report defines the Next Generation Firewall as a firewall appliance
that has an integrated intrusion prevention system (IPS) with deep
scanning capability. Additionally, it has all the features of a
traditional firewall, such as stateful protocol inspection, VPN
capabilities, and network address translation. In addition, the solution
should be a single engine product and provide application awareness
function and also include user and group policies.

The report covers those vendors that provide Next Generation Firewall
solutions as their own and are not service-only companies.

Companies Mentioned: