Press Release

Web Application Firewall Market 2019-2024: Growth Policies, Companies, Regions, Market Size, Trends, Challenges

Web Application Firewall

The report provides an overview of the “Web Application Firewall Market industry including definitions, division, key vendors, key Development and market challenges. The Web Application Firewall Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status

Through the statistical analysis, the report depicts the global Web Application Firewall Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.

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The web application firewall market was valued at USD 2.76 billion in 2018 and is expected to reach USD 6.89 billion by 2024, at a CAGR of 16.92% during the forecast period (2019-2024). The current trend is to merge the ability of network vulnerability scanners with the toolkits for the web application security space. This gives the ability to use data found from one level and drive a more focused approach for the other level.

– Web-based applications and services have changed the landscape of information delivery and exchange in today’s corporate, government, and educational sectors. Due to the easy availability of information and the richness of web services, a higher reliance is placed on web-based services and firewall market for greater integration of internal information systems.
– Certain industry and government regulations require the deployment of a WAF (Web Application Firewall) solution, either explicitly or implicitly. For example, the Payment Card Industry Data Security Standard (PCI-DSS) is a well-known and important regulation that drives WAF adoption in the market. WAF functionality can be implemented in software or hardware, running in an appliance device, or in a typical server running a common operating system.
– The main challenge to web application firewalls are cost and performance. Performance is often an issue because these tools inspect all incoming and outgoing traffic at the application layer. Each protocol, such as HTTP, SMTP, etc., requires its own proxy application, and support for new network applications and protocols can become slow to emerge.

Scope of the Report

Web application firewall is an application firewall for HTTP applications. Web applications are valuable tools for businesses of all sizes. A WAF can be either network-based, host-based, or cloud-based and is often deployed through a reverse proxy and placed in front of one or more web sites or applications. These applications enable businesses to communicate with customers, potential customers, employees, partners, and other information technology (IT) systems. E-commerce witnesses a mix of attempts designed to cause downtime and access internal files, which WAF helps them to secure.

The Web Application Firewall Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Web Application Firewall Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

  • Akamai Technologies
  • Inc.
  • Barracuda Networks
  • Inc.
  • Cloudflare
  • Inc.
  • Citrix Systems

    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.
    – Healthcare firewalls have to cover more ground than firewalls in other industries because of the value of EHRs and clinical data, since there are numerous ways where hackers can gain unauthorized access to 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.
    – A data breach can be prevented by using orchestration and automation tools to take in SIEM (Security Information and Event Management) alerts and enrich them with intelligence and make an analysis for the chances of risk, and communicate them to analysts with a clear picture of their significance. Establishing a robust log-on is one proactive example for regulating access control.

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    Reasons to Purchase this Report

    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    • Study on product type and application expected to dominate the market.
    • Study on regions expected to witness fastest growth during the forecast period.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

    Detailed Table of Content of Global Web Application Firewall Market – Growth, Trends, Forecast and Challenges (2019 – 2024)

    1. Introduction

    1.1 Study Deliverables

    1.2 General Study Assumptions

    2. Research Methodology

    2.1 Introduction

    2.2 Analysis Methodology

    2.3 Study Phases

    2.4 Econometric Modelling

    3. Executive Summary

    4. Market Overview and Trends of Web Application Firewall Market

    4.1 Introduction

    4.2 Market Trends

    4.3 Porter’s Five Force Framework

    4.3.1 Bargaining Power of Suppliers

    4.3.2 Bargaining Power of Consumers

    4.3.3 Threat of New Entrants

    4.3.4 Threat of Substitute Products and Services

    4.3.5 Competitive Rivalry within the Industry

    5. Market Dynamics of Web Application Firewall Market

    5.1 Drivers

    5.1.1 Increasing Production

    5.1.2 Rising Demand

    5.2 Restraints

    5.3 Opportunities

    6. Global Web Application Firewall Market Segmentation, By Capacity

    7. Global Web Application Firewall Market Segmentation, By Material Type

    7.1 Type 1

    7.2 Type 2

    7.3 Type 3

    8. Global Web Application Firewall Market Segmentation, Segmented by Region

    8.1 North America

    8.1.1 United States

    8.1.2 Canada

    8.1.3 Rest of North America

    8.2 Asia-Pacific

    8.2.1 China

    8.2.2 Japan

    8.2.3 India

    8.2.4 Rest of Asia-Pacific

    8.3 Europe

    8.3.1 United Kingdom

    8.3.2 Germany

    8.3.3 France

    8.3.4 Russia

    8.3.5 Rest of Europe

    8.4 Rest of the World

    8.4.1 Brazil

    8.4.2 South Africa

    8.4.3 Others

    9. Competitive Landscape and Introduction of Web Application Firewall Market

    9.1 Introduction

    9.2 Market Share Analysis

    9.3 Developments of Key Players

    10. Key Vendor Analysis (Overview, Products & Services, Strategies)

    10.1 Company 1

    10.2 Company 2

    10.3 Company 3

    11. Disclaimer

    And Many More….

    No. of Pages: – 120

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