Web Application Firewall Market 2018 Review by Leading Key Players: Citrix Systems, Barracuda Networks, F5 Networks, Imperva, DBAPP Security, Fortinet, Juniper Networks

Web Application Firewall Market, By Component (Solution, Services), By Organization Size (SMEs, Large Enterprises), By Vertical (BFSI, Healthcare, Retail, IT & Telecommunication, Education, Government & Defense) - Forecast 2023

According to MRFR, The global Web Application Firewall Market is expected to reach approximately USD 5.5 billion by the end of 2023 at a CAGR of 15 % during the forecasted period 2017-2023.

The web application firewall market is comprised of some of the prominent key players such as Akamai Technologies (U.S.), Barracuda Networks, Inc. (U.S.), Citrix Systems, Inc. (U.S.), F5 Networks, Inc (U.S.), Imperva Inc (U.S.), Applicure Technologies Ltd (Israel), DBAPP Security Co., Ltd (China), Fortinet, Inc. (U.S.), IBM Corporation (U.S.), Juniper Networks, Inc (U.S.), NS Focus Information Technology Co Ltd (China) among others.

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Market Highlights

The web application firewall is a type of online security firewall that filters the bad http data packets between client and web application. The web application firewall detects the threats and attacks by monitoring the HTTP request before they reach the web server providing a benefit to detect and block the malicious attacks disguised as the websites. The web application firewall market is projected to witnesses a significant growth during the forecasted period. Increased usage of internet and web related applications drives the global market growth. The Web application firewall prevents the organizations from several vulnerabilities since the developing technological advancements are giving rise to various threats and attacks. Web application firewall detects and prevents cross site scripting (XSS) attacks, SQL injection attacks, buffer overflows and session hijacking. The web application firewall proves beneficial to the companies providing the products or services online. With the rising digitization and online stores, many organizations are moving their business model to online business- creating the weak points for attackers and hackers to target.

Regional Analysis:

The regional analysis of web application firewall market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in web application firewall market in North America is attributed to technical advancements and increasing demand for cloud based applications in that region.

Segmentation

For the purpose of this study, Market Research Future has segmented the market of the global web application firewall market into deployment, services, organization size, security model, industry vertical, and region.
Deployment
• On appliance
• On cloud
• On network
Services
• Professional
• Managed
Organization Size
• Large
• SME’s
Security Model
• Negative security model
• Positive security model
• Hybrid security model
Industry Vertical
• Banking
• Insurance
• Government
• E –Commerce
• Telecom
• Healthcare
• Education
Region
• North America
• Europe
• Asia pacific
• Rest of the world.

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Intended Audience
• Storage providers
• Network providers
• Banking Institutions
• Insurance providers
• Security solutions providers
• Research firms
• Software investors
• Software Developers
• Software Testers
• IT enablers
• Database solutions
• Cloud providers
• Insurance companies
• Telecommunication companies

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