| Product Code: ETC5444866 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
During 2020-2024, the Armenia next-generation firewall market witnessed a significant increase in imports, with a Compound Annual Growth Rate (CAGR) of 148.45%. In 2023-2024, there was a slight decrease in the year-on-year growth rate by -14.19%, yet the overall trend remained positive.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Next-Generation Firewall Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Next-Generation Firewall Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Next-Generation Firewall Market - Industry Life Cycle |
3.4 Armenia Next-Generation Firewall Market - Porter's Five Forces |
3.5 Armenia Next-Generation Firewall Market Revenues & Volume Share, By Delivery Type, 2022 & 2032F |
3.6 Armenia Next-Generation Firewall Market Revenues & Volume Share, By Service, 2022 & 2032F |
3.7 Armenia Next-Generation Firewall Market Revenues & Volume Share, By Organization Size, 2022 & 2032F |
3.8 Armenia Next-Generation Firewall Market Revenues & Volume Share, By Vertical, 2022 & 2032F |
4 Armenia Next-Generation Firewall Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing cyber threats and attacks in Armenia |
4.2.2 Stringent data protection regulations and compliance requirements |
4.2.3 Adoption of cloud-based services and applications in the country |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of next-generation firewall technology among businesses |
4.3.2 High initial investment and implementation costs |
4.3.3 Lack of skilled cybersecurity professionals in the market |
5 Armenia Next-Generation Firewall Market Trends |
6 Armenia Next-Generation Firewall Market Segmentations |
6.1 Armenia Next-Generation Firewall Market, By Delivery Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Next-Generation Firewall Market Revenues & Volume, By Hardware, 2022-2032F |
6.1.3 Armenia Next-Generation Firewall Market Revenues & Volume, By Virtual, 2022-2032F |
6.1.4 Armenia Next-Generation Firewall Market Revenues & Volume, By Cloud, 2022-2032F |
6.2 Armenia Next-Generation Firewall Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Armenia Next-Generation Firewall Market Revenues & Volume, By Professional (Consulting, Support and Maintenance, System Integration), 2022-2032F |
6.2.3 Armenia Next-Generation Firewall Market Revenues & Volume, By Managed, 2022-2032F |
6.3 Armenia Next-Generation Firewall Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Armenia Next-Generation Firewall Market Revenues & Volume, By Large enterprises, 2022-2032F |
6.3.3 Armenia Next-Generation Firewall Market Revenues & Volume, By Small and Medium-Sized Enterprises (SMEs), 2022-2032F |
6.4 Armenia Next-Generation Firewall Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Armenia Next-Generation Firewall Market Revenues & Volume, By Retail, 2022-2032F |
6.4.3 Armenia Next-Generation Firewall Market Revenues & Volume, By Travel and hospitality, 2022-2032F |
6.4.4 Armenia Next-Generation Firewall Market Revenues & Volume, By Healthcare, 2022-2032F |
6.4.5 Armenia Next-Generation Firewall Market Revenues & Volume, By IT and telecom, 2022-2032F |
6.4.6 Armenia Next-Generation Firewall Market Revenues & Volume, By Education, 2022-2032F |
6.4.7 Armenia Next-Generation Firewall Market Revenues & Volume, By Media and entertainment, 2022-2032F |
7 Armenia Next-Generation Firewall Market Import-Export Trade Statistics |
7.1 Armenia Next-Generation Firewall Market Export to Major Countries |
7.2 Armenia Next-Generation Firewall Market Imports from Major Countries |
8 Armenia Next-Generation Firewall Market Key Performance Indicators |
8.1 Number of cybersecurity incidents reported in Armenia annually |
8.2 Percentage of businesses in Armenia compliant with data protection regulations |
8.3 Growth in demand for cloud-based security solutions in the country |
9 Armenia Next-Generation Firewall Market - Opportunity Assessment |
9.1 Armenia Next-Generation Firewall Market Opportunity Assessment, By Delivery Type, 2022 & 2032F |
9.2 Armenia Next-Generation Firewall Market Opportunity Assessment, By Service, 2022 & 2032F |
9.3 Armenia Next-Generation Firewall Market Opportunity Assessment, By Organization Size, 2022 & 2032F |
9.4 Armenia Next-Generation Firewall Market Opportunity Assessment, By Vertical, 2022 & 2032F |
10 Armenia Next-Generation Firewall Market - Competitive Landscape |
10.1 Armenia Next-Generation Firewall Market Revenue Share, By Companies, 2025 |
10.2 Armenia Next-Generation Firewall Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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