Application Gateway Market Latest, 2022 Key Aspects of the Industry by Segments to 2030

Report Ocean published the latest research report on the Application Gateway market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Application Gateway market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.

The global application gateway market size was US$ 1.91 billion in 2021. The global application gateway market size is forecast to reach US$ 4.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.7% during the forecast period from 2022 to 2030.

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An application gateway is a security component that supplements a NAT or firewall on a computer network. The application layer gateway is also known as application gateway, application proxy, or application-level proxy. It permits the insertion of custom NAT traversal filters into the gateway, providing address and port translation for particular control/data protocols, such as FTP, BitTorrent, SIP, RTSP, and file transfer from instant messaging apps. In order for these protocols to work over NAT or a firewall, the application must be aware of the address/port combination that enables incoming packets, or the NAT must monitor control traffic and dynamically open ports accordingly.

Factors Influencing Market Growth

There is a growing number of application-layer attacks fueling the growth of the global application gateway market.
The rising demand for secure networks positively impacts the global market's growth.
The lack of mandatory information security regulations and technical expertise may slow down the global market growth.
During the forecast period, the rise in the adoption of the Internet of things, artificial intelligence, and software-defined networks will offer lucrative opportunities for market expansion.
Impact Analysis of COVID-19

Due to an increase in investments in emerging technologies like AI and machine learning, the application gateway industry has seen steady growth during the COVID-19 pandemic. Moreover, during the COVID-19 conference, many small and medium-sized enterprises (SMEs) implemented application gateways to secure their applications with the latest cybersecurity technology and infrastructure. As a result of the COVID-19 pandemic, digital transformation has become a necessity for organizations, driving the adoption of a hybrid work model that leverages the Internet of Things (IoT) and cloud computing. Furthermore, the sudden rise in IoT devices during the pandemic boosted the demand for app gateways.

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Regional Insights

North America dominated the application gateway market in 2020 and will likely retain its position throughout the forecast period. There are an increasing number of cyber-attacks and a need for data security for both small and medium-sized businesses. North America's market leads due to the early adoption of technology and the increasing need for effective management of IT risks and compliance monitoring.

Leading Competitors

The leading prominent companies profiled in the global application gateway market are:

Aculab
Akamai Technologies
Barracuda Networks, Incorporated
Citrix Systems, Incorporated
Forcepoint
F5, Inc.
Microsoft Corporation
Palo Alto Networks
SAP
Zscaler, Incorporated
Other Prominent Players
Scope of the Report

The global application gateway market segmentation focuses on Components, Organization Size, Industry Verticals, and Region.

Segmentation based on Components

Software
Service
Segmentation based on Organization Size

Large Enterprises
Small Enterprises
Medium Enterprises
Segmentation based on Industry Verticals

BFSI
IT & Telecom
Manufacturing
Government and public sector
Retail & E-Commerce
Healthcare
Others
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Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What is the goal of the report?

The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.

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