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Web Application Firewall Market Grow By Leading Industry Players Imperva, Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, DenyAll, Ergon Informatik and Others.

05-09-2019 12:21 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Web Application Firewall Market Grow By Leading Industry

ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Web Application Firewall Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Global Web Application Firewall Market size is expected to grow from US$ 2.37 Billion in 2017 to US$ 5.48 Billion by 2022, at a CAGR of 18.3%.This report spread across 150 Pages, Profiling 13 Companies and Supported with 68 Tables and 37 Figures is now available in this market research.

Most Popular Companies in the Web Application Firewall Market include are Imperva, Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, DenyAll, Ergon Informatik, F5 Networks, Fortinet, Penta Security Systems, Radware, Trustwave, and NSFOCUS.

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“The Cloud-Based segment is expected to grow at the highest CAGR during the forecast period”
Cloud-Based WAF solutions are available as software bundles with a full stack of threat prevention technologies that provide the best protection against vulnerabilities, such as malware, phishing, ransom are, and emerging cyber-threats. Cloud-based WAF solutions provide protection and safeguard the network even if users are off their Virtual Private Network (VPN). They offer capabilities, such as bot detection and enforcement, access control, caching, threat intelligence, Application Programming Interface (API) security, malware detection, and Distributed Denial of Service (DDoS) mitigation.

“North America is expected to have the largest market size, and Asia Pacific (APAC)is projected to grow at the highest rate during the forecast period”
North America tops the globe in terms of the presence of security vendors and security breach incidents. Therefore, the WAF market is dominated by North America, which is considered to be the most advanced region with regard to cyber security technology adoption and infrastructure. The world is becoming more connected and the IoT trend is gaining prominence. Awareness about the need to protect the network infrastructure is being identified as the most critical economic and security challenge in the region.

The APAC region is expected to witness a significant growth in WAF due to the increasing adoption of web and mobile applications for business operations in the APAC region. The APAC WAF market covers Australia, New Zealand, Japan, China, India, and Singapore. Countries across this region have a large number of SMEs, which are using traditional defense mechanism. Therefore, advanced and sophisticated threats are hard to detect.

Breakdown of Primary Participants’ Profile:
• By Company: Tier 1 – 30%, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%

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Objectives:
The Main Objective of the report is to define, describe, and forecast the web application firewall market size on the basis of components (solutions and services), organization sizes, industry verticals, and regions. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. The report attempts to forecast the market size with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

Target Audience for Web Application Firewall Market : Web application providers, Communication service providers, Cloud service providers, System integrators, Third-party software testing service providers, Managed Security Service Providers (MSSPs), Application design and software developers, Consultancy firms and advisory firms, Regulatory agencies, Technology consultants, Government.

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