Web Application Firewall Market 2021:Strategic Analysis and Key Technological Developments

The Web Application Firewall Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Web Application Firewall market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Web Application Firewall market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Web Application Firewall market.

The web application firewall market was valued at USD 3.23 billion in 2019 and is expected to reach USD 8.06 billion by 2025, at a CAGR of 16.92% during the forecast period (2020 - 2025). 

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Top Leading Companies of Web Application Firewall Market are - Akamai Technologies, Inc., Barracuda Networks, Inc., Cloudflare, Inc., Citrix Systems, Inc., Qualys, Inc., F5 Networks, Inc., Imperva, Inc., Fortinet, Inc., Penta Security Systems Inc., Radware Ltd, Trustwave Holdings, Inc., Nsfocus Information Technology and others.

Industry News and Updates:

- March 2019 - Akamai, the intelligent edge platform for securing and delivering digital experiences announced enhancements designed to help businesses accelerate their cloud migration strategy. Since there are various challenges in cloud migration, Akamai surrounds and extends client infrastructures, leveraging the edge and advanced security to alleviate cloud challenges. These new features protect apps, content, APIs, accelerate web and mobile experiences, and help make development teams more agile as they move to the cloud.

Key Market Trends:

Healthcare Sector to Witness Significant Growth

- Firewalls are the first line of defense for every healthcare network and protect EHRs (Electronic Health Record) and protected health information (PHI) from malware and other cyber attacks.
- Healthcare organizations have more than just computers and smartphones accessing the network. Connected medical devices are Wi-Fi enabled and usage of the network to collect patient data and monitor health. While hackers may not get the information they are looking for directly from connected medical devices, they can use these devices by means of remote network access as a means to freely access the entire network. Medical devices are often overlooked as a cyber security vector because they may lack traditional interfaces associated with accessing the network.

North America Holds the Largest Share in Web Application Firewall Market

- Due to the security breach incidents and the presence of cyber security vendors, North America is considered the most advanced region for technology adoption and infrastructure. Awareness about the threats is a critical economic and security challenge in the region. The growing concern to ensure the protection of sensitive data has increased corresponding government intervention in recent years.
- North America is leading in terms of the higher presence of security vendors. North America is the most advanced region for cyber security technology adoption and infrastructure due to developed countries, such as the United States and Canada.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Web Application Firewall Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Web Application Firewall Market (%),2016 - 2026
- Web Application Firewall Market Share, By Brand
- Web Application Firewall Market Share, By Company
- Web Application Firewall Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Web Application Firewall Market Value Analysis & Forecast
- Promising Web Application Firewall Development by Major Companies
- Detailed Web Application Firewall Portfolio of the Major Companies
- Major Deals in the Web Application Firewall Market
- Major Companies Analysis

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