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Innovative Strategies report on Web Application Firewall Market New Ideas, Strategies average of CAGR +20% per annum until 2022. Key Players like Akamai Technologies, Inc., Barracuda Networks, Inc., Citrix Systems, Inc., F5 Networks, Inc., Imperva

03-01-2019 06:22 PM CET | IT, New Media & Software

Press release from: It Intelligence Markets

Web Application Firewall Market

Web Application Firewall Market

The market for web application firewalls is expected to reach $ 1425 million, an average of +20% per annum until 2022. The Web Application Firewall is a hardware or software solution developed to control and monitor network traffic in Web applications. This firewall establishes a relatively secure barrier between the system and the external environment. Provides Web protection at the application layer of the Open Systems Interconnect model from various types of attacks, such as XSS, SQL injection, cross-site scripting.

Depending on the size and type of organization, attacks range from small hassles to breaking the company's revenue stream and permanently damaging it. Customers on these companies' Web sites can be at risk because attacks can lead to malware infections and identity theft on their computers. Government agencies and e-commerce companies were selected.

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The key players operating in the global web application firewall industry include: Akamai Technologies, Inc., Barracuda Networks, Inc., Citrix Systems, Inc., F5 Networks, Inc., Imperva, Inc., Fortinet, Inc., Applicure Technologies Ltd., Qualys, Inc., Cloudflare, Inc., Radware Ltd, and others. These players have expanded their market presence by adopting various business strategies such as acquisition, geographical expansion, product development, strategic alliance, and collaboration

68 market data tables and 37 pages with 150 pages, "Web application firewall market (solutions, hardware, virtual appliances, cloud-based), services (professional and managed), organization size (SME and large) And Region - 2022 Outlook

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By Organization Size
• Large Enterprises
• Small & Medium Enterprises

By End-Users
• Aerospace and Defense
• BFSI
• Public Sector
• Retail
• Healthcare
• IT and Telecom
• Energy and Utilities
• Manufacturing
• Others

North America is expected to have the largest market share in the WAF market during the forecast period.
North America is expected to hold the largest market share and dominate the WAF market during the forecast period. The region has the presence of major sustainable and well-established economies that invest substantially in Research and Development (R&D) activities, thereby contributing to the development of new security technologies. The region comprises countries, such as the US and Canada, which are witnessing phenomenal adoption of WAF solutions. The primary reasons behind this movement is the growing IoT trend, and increasing internal and external threats, due to which enterprises are adopting the WAF solutions.

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The hardware appliances segment is expected to hold the largest market share in the WAF market during the forecast period.
The local WAF solution is configured on the local network to protect against threats around the network. This WAF solution is suitable for high capacity sites that are easy to install and require high throughput. It works better as a remote network component

We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.

Vijay Tanna
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