Web Application Firewall Market Size, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030

The Web Application Firewall market crossed US$ 5.6 billion mark in 2022 and is expected to hit US$ 25.2 billion by 2030, recording a CAGR of 20.6% during the forecast period.

The Web Application Firewall Market 2022 provides a complete assessment of the industry including definitions, classifications, applications, and industry chain structure, which is beneficial for companies regardless of their size and revenue. Web Application Firewall Market Survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. For each manufacturer covered, the clients will find the report complete in all aspects as it covers all key components with valuable statistics and expert opinions in all regards. This section analyses region-wise revenue and volume for the forecast period till 2030.

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The List of TOP KEY PLAYERS in Web Application Firewall Market Report are -
• Akamai Technologies, Inc.
• Barracuda Networks, Inc.
• Citrix Systems, Inc.
• Cloudflare, Inc.
• Ergon Informatik AG
• F5, Inc.
• Fortinet, Inc.
• Imperva, Inc.
• Penta Security Systems Inc.
• Radware Ltd.

Growth in the web application firewall market is driven by increased social media platforms and cloud-based technology; currently, cloud technology is widely used across many industries, giving businesses access to cost-effective security solutions. Organizations can also combine cloud deployment with other infrastructure technologies, such as software-defined perimeters, to build strong and highly secure platforms. As a result, increasing use of cloud-based solutions and services fuels market share growth for web application firewalls.

The report additionally focuses on world major leading industry players of this market providing information like company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. This report focuses on market trends, volume and value, regional level, and company level. This report represents the overall Web Application Firewall Market Size by analyzing historical information and future prospects till 2030.

In this report, the web application firewall market has been segmented on the basis of:
Component
• Solution
• Hardware Appliances
• Virtual Appliances
• Cloud-Based

Service
• Organization Size
• SMEs
• Large Enterprises

End User
• BFSI
• Retail
• IT and Telecommunications
• Healthcare
• Education
• Others

Region
• North America
• Europe
• Asia Pacific (APAC)
• South & Central America
• Middle East & Africa

Increasing prevalence of web application is one of the major factors accelerating the web application firewall market growth.
Recent strategic developments in web application firewall market
The web application firewall market has undergone several significant developments, and a few of these have been mentioned below:
• In April 2022, Kohlberg Kravis Roberts & Co., a one of the leading global investment firm, signed an agreement to acquire Barracuda Network Inc. from Thoma Bravo. Under this agreement, Kohlberg Kravis Roberts & Co. will provide resources and expertise to further accelerate Barracuda's growth and support strategic expansion in the web application firewall market.
• In March 2022, Cloudflare partnered with CrowdStrike to bring integrated Zero Trust Security in order to simplify the adoption of Zero Trust solutions. Cloudflare will integrate its platform with CrowdStrike Falcon Zero Trust Assessment (ZTA) to ensure employees have secure access to applications from any location.

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Nowadays, businesses depend heavily on web apps, letting enterprises become simpler, develop and grow rapidly, and achieve goals much more quickly. Web applications offer improved customer service, serving as the initial point of interaction for potential customers with the enterprises at any given time and place. Due to the current business completion scenario, firms need a web application. Organizations frequently expose their sensitive company data to cyber adversaries due to the growing use of such web applications across a variety of business functions, putting the security of their entire operation in danger. Due to the growing dependence on web applications for many business operations and services, enterprises have increased their adoption of web application firewall solutions.

Key Highlights of the Web Application Firewall Market Research Report:
• The report summarizes the Web Application Firewall Market by stating the definition, applications, scope, it's price, supply and demand ratio, and market overview.
• Competitive landscape of all leading key players together with their business strategies, approaches, and latest Web Application Firewall market development.
• It elements market investment, opportunities, growth factors, restraints, and market risks.
• It performs a comprehensive study of emerging players in the Web Application Firewall business along with the existing ones.
• It accomplishes primary and secondary research and resources to estimate prime products, market size, and industrial partnerships of this business.

Research Objectives:
• To study and analyze the Web Application Firewall consumption by key regions/countries, product type and application, history information, and forecast during 2022-2030.
• To understand the structure of Web Application Firewall by identifying its various sub segments.
• Focuses on the key Web Application Firewall manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans within the next few years.
• To analyze Web Application Firewall with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the expansion of the market.
• To project the consumption of Web Application Firewall submarkets, with respect to key.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions within the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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