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A Quantitative SWOT analysis on Web Application Firewall Market 2023 major key companies profiled like Akamai Technologies, Inc., Barracuda Networks, Inc., Citrix Systems, Inc., F5 Networks, Inc

03-19-2020 12:51 AM CET | IT, New Media & Software

Press release from: Premium Market Insights

A Quantitative SWOT analysis on Web Application Firewall Market

Web application firewall (WAF) is a type of firewall designed to enhance the security level for HTTP conversations or web conversations. It generally follows a set of rules to identify and block threats that may harm the system. It is also used to control and monitor network traffic on web-enabled applications.

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Top Companies Covered in this Report:

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.

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. The global web application firewall market was valued at $426 million in 2016, and is projected to reach $1,425 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023.

Moreover, constant development of the e-commerce industry fuels the demand for web application firewall solutions. In addition, increase in adoption of cloud-based web application firewall system is expected to boost the market growth in the coming years. However, high initial costs of implementation and lack of awareness to implement the right solution for the specific needs among SMEs hinder the web application firewall market growth.

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Table of Contents

1. Introduction
2. Key Takeaways
3 Web Application Firewall Market Landscape
4 Web Application Firewall Market - Key Industry Dynamics
5 Web Application Firewall Market Analysis- Global
6 Web Application Firewall Market Revenue And Forecasts To 2023 - Type Of Provider
7. Market Revenue And Forecasts To 2023 - Application
8. Global Market Geographical Analysis
9. Industry Landscape
10. Competitive Landscape
11Web Application Firewall Market, Key Company Profiles
12. Appendix

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