Key Findings
In terms of revenue, the next generation firewall market in Europe accounted for $XX million in 2018 and is expected to create a value of $XX million in 2027. The European market is estimated to grow with 11.76% CAGR from 2019 to 2027. The European market captures a significant share in the global next generation firewall market owing to the large adoption of the NGFW solutions & services across several industries.

Market Insights
Spain, Germany, United Kingdom, Italy, France, and Russia are the economies discussed in the Europe next generation firewall market. The report also covers the Rest of Europe regional segment, which includes remaining European countries. The increasing government initiatives like legislation, strategies, and facilities to tackle cyber-attacks is one of major drivers of the next generation firewall market in Russia. Further, various businesses and government organizations are investing in cybersecurity solutions to safeguard their critical infrastructure from cyber threats. As a result of this, the demand for next generation firewall market is increasing in the region.

Competitive Insights
Dell Technologies, Sophos Technologies, and Cisco Systems, Inc., among others, are few of the companies leading in the next generation firewall market. The market is competitive with the presence of both the global as well as regional players. Also, many new companies are entering the market with several new products. Further, the new cybersecurity trends are providing new opportunities for the NGFW industry players.