Key Findings
In terms of revenue, the North America next generation firewall market generated a value of $XX million in 2018 and is expected to reach $XX million, while evolving at a CAGR of 11.30% between 2019 and 2027. During the forecast period, the region is expected to witness growth owing to the technological advancements in cyberspace and ever-increasing incidences of cyber threats.

Market Insights
The next generation firewall market in North America is analyzed over economies such as Canada and the United States. The next generation firewall market in Canada is growing owing to the rise in the network attacks. In Canada, the threat of Distributed Denial of Service (DDoS) and ransomware attacks have increased, which threatens the traditional IT network infrastructure. As a result of this, the demand for next generation firewall security solutions & services is increasing in the country, eventually boosting the market growth. However, the issues related to interoperability and cloud protection hampers the growth of next generation firewall market.

Competitive Insights
Dell Technologies, Cisco Systems, Inc., Forcepoint Llc, Barracuda Networks, Inc., and Juniper Networks, Inc are some of the major companies operating in North America next generation firewall market. Though many new players enter the market, the capital-intensive nature of the market poses as an entry-level barrier for the new companies.