Global Web Application Firewall Market Overview:
A Web Application Firewall (WAF) helps to protect web applications by filtering and monitoring HTTP traffic between a web application and the Internet. WAF typically protects web applications from attacks such as cross-site-scripting (XSS), cross-site forgery, file inclusion, and SQL injection. By deploying a WAF in front of a web application, a shield is placed between the Internet and the web application. While a proxy server protects a client machine’s identity by using an intermediary, a WAF is a type of reverse-proxy, protecting the server from exposure by having clients pass through the WAF before reaching the server.
As per latest study released by AMA Research, the Global Web Application Firewall market is expected to see growth rate of 17.2% and may see market size of USD6.91 Billion by 2028.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
A Surging Adoption of WAF by Public & Private Sectors
Market Growth Drivers:
The Rising Numbers of Cyber Attacks on the Web Applications, Increased Market for Cloud-Based Solutions and Stringent Industry Standards and Regulations
Restraints:
The dearth of Trained Professionals
Opportunities:
Increase in Spending On Security Programs
Competitive Landscape:
Some of the key players profiled in the report are Akamai Technologies, Inc. (United States), Barracuda Networks, Inc. (United States), Citrix Systems, Inc. (United States), F5 Networks, Inc. (United States), Imperva, Inc. (United States), Fortinet, Inc. (United States), Applicure Technologies Ltd. (Israel), Qualys, Inc. (United States), Cloudflare, Inc. (United States) and Radware Ltd. (Israel). Analyst at AMA Research see United States Players to retain maximum share of Global Web Application Firewall market by 2028. Considering Market by Organization Size, the sub-segment i.e. Large Enterprises will boost the Web Application Firewall market.
Latest Market Insights:
In 2019, Radware, a leading provider of cybersecurity and application delivery solutions, has announced a definitive agreement to acquire ShieldSquare, a market-leading bot management solutions provider.
In 2018, Barracuda, a leading web application firewall company has announced that its Web Application Firewall is now available as-a-Service. and On 10 April 2018, F5 Networks, Inc. has announced the launch of Advanced Web Application Firewall solution for comprehensive application protection. Integrated and standalone solutions precisely designed for app security.
What Can be Explored with the Web Application Firewall Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Web Application Firewall Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Web Application Firewall
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Web Application Firewall market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Web Application Firewall market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Web Application Firewall Providers, Regulatory Bodies, Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.