Press release
Web Application Firewall Market Examination and Industry Growth Till 2025 Which is Going to Change Industry Future | Nsfocus, Fortinet, Ergon Informatik, Akamai, F5 Networks, Trustwave, Denyall, Radware, Cloudflare, Penta Security Systems, Imperva, Barrac
Web application firewall (WAF) is a software solution developed to control and monitor network traffic on web-enabled applications. This firewall establishes a relatively secure barrier between the system and the external environment. It provides web protection at the application layer of the open system interconnection model from many attacks types, such as XSS, SQL injection, cross-site scripting, DT, and RFI. WAF identifies and blocks attempts to exploit known web application vulnerabilities by shortening the window of exposure, while patches are thoroughly tested and deployed.Market Drivers:
The major factors that drive the web application firewall market growth are technological innovation in product offerings, rise in adoption for cloud-based solutions, increase in application areas among industry verticals, and heavy venture capital investments in R&D activities to develop solutions with enhanced capabilities.
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Key Players:
Nsfocus, Fortinet, Ergon Informatik, Akamai, F5 Networks, Trustwave, Denyall, Radware, Cloudflare, Penta Security Systems, Imperva, Barracuda, Citrix
Top Impacting Factors
The global web application firewall market is influenced by a number of factors including growth in demand for cloud-based solutions, increased number of cyber-attack activities, stringent industry standards and regulatory compliance, increased application areas, and dearth of trained professionals. These factors collectively provide opportunities for the market growth. However, each factor has its definite impact on the web application firewall market.
Market Segmentation:
By Organization Size:
• Large Enterprises
• Small and Medium Business
By Component:
Solution
• Cloud-based
• Virtual appliances
• Hardware appliances
Service
• Managed Services
• Professional Service
By Vertical:
• Government and Defense
• Telecom and IT
• Retail
• Banking, Financial Services, and Insurance (BFSI)
• Healthcare
• Education
• Others
Regional Analysis:
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 cybersecurity technology adoption and infrastructure.
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.
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