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Web Application Firewall Market: Global Forecast until 2022

  • October 2017
  • 152 pages
  • ID: 5138388
In this report:
The WAF market size in the Middle East is expected to grow from USD ##.## million in 2017 to ##.## USD million by 2022, at a CAGR of ##.##%.
The WAF market size in Brazil is expected to grow from USD ##.## million in 2017 to ##.## USD million by 2022, at a CAGR of ##.##%.
The WAF market size in China is expected to grow from USD ##.## million in 2017 to USD ##.## USD million by 2022, at a CAGR of ##.##%.


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The Web Application Firewall market is anticipated to rise at a Compound Annual Increase rate of 18.30 percent during the forecast period, due to the increase in instances of targeted attacks on web applications

The overall WAF market size is forecasted to grow from ~$2.4B in 2017 to ~$5.5B by 2022, at a compound annual growth rate of 18.30 percent. Growing competitiveness, in the current scenario of the business environment, has made it crucial for organizations to have web applications devoted to the cause of the organization. Moreover, with the emergence and rising penetration of iOS and Android-based smartphones, businesses are now using such devices to market their goods with a substantial competitive edge. Nevertheless, high cost of deployment for appliance-based WAFs and competition with integrated Unified Threat Management solutions are said to be the main restraining factors for the increase of this market.

The cloud-based segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period

Cloud-based WAF solutions are available as software bundles with a full stack of threat prevention technologies that provide the best protection against vulnerabilities, including malware, phishing, ransomware, and emerging cyber-threats. Cloud-based WAF solutions offer protection and safeguard the network even if users are off their Virtual Private Network. They offer capabilities, including bot detection and enforcement, access control, caching, threat intelligence, Application Programming Interface security, malware detection, and Distributed Denial of Service mitigation.

The professional services segment is intended to have a larger market size in the WAF market during the estimate period

The sector for the professional services segment is increasing, as individuals, Small and Medium-sized Enterprises, and important enterprises are concerned about ensuring secure access to their networking devices. Firms offering professional services provide consulting to facilitate successful deployments of WAF solutions. Professional services are required during and after the implementation of WAF solutions. These services contain planning, designing, consulting, and upgrades. Consultants, user behaviour analytics experts, and dedicated project management teams help in providing professional services.

North America (NA) is forecasted to have the biggest industry size, and Asia Pacific (APAC) is expected to grow at the maximal rate during the outlook period

North America continent tops the world in terms of the presence of security vendors and security breach incidents. In consequence, the WAF market is leaded by, is monopolized by North America (NA), which is considered to be the most advanced area with regard to cybersecurity technology adoption and infrastructure. The globe is becoming more connected and the IoT trend is gaining prominence. Appreciation about the need to protect the network infrastructure is being identified as the most critical economic and security challenge in the territory. The increasing concern to assure the protection of financial and sensitive data has increased government intervention in the recent years.

The APAC area is forecast to witness a significant increase in WAF due to the growing adoption of web and mobile applications for business operations in the Asia-Pacific regions. The APAC WAF market includes Australia (AU), New Zealand (NZ), Japan (JP), China (CN), India (IN), and Singapore (SG). Territories across this area have a big number of SMEs, which are using traditional defense mechanism. Accordingly, advanced and sophisticated threats are hard to detect.

In the process of finding out and checking the market size of different segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The break-up of the profiles of the primary participants is like:

• By Organization: Tier 1 - 30.0 percent, Tier 2 - 40.0 percent, and Tier 3 - 30.0 percent

• By Description: C-suite - 72.0 percent, D-level - 14.0 percent, and Others - 14.0 percent

• By Area: North America continent - 57.0 percent, Europe (EU) - 14.0 percent, and Asia-Pac - 29.0 percent

The WAF market includes different main vendors, including Imperva, Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, DenyAll, Ergon Informatik, F5 Networks, Fortinet, Penta Security Systems, Radware, Trustwave, and NSFOCUS.

Segment Research

The analysis includes a detailed competitive analysis of the top players in the WAF market together with their company descriptions, recent evolutions, and key industries strategies. The document breaks down the WAF market by component (solutions and services), organization size, market vertical, and area.

Why acquiring this study can help you:

The WAF market has been split on the basis of components (solutions and services), organization sizes, industry verticals, and territories.

The industry report will facilitate the market top players/new sector entrants in the WAF market in these ways:

1. The global WAF market revenue stream has been estimated based on the incomes generated by sellers, offering firewall solutions and services to IT operators, inclusive of consulting, support and maintenance, training and maintenance, and system integration services, provided by professional service providers, including Managed Service Providers. The study offers the best approximations of the revenue data for the global market and the sub-segments. The industry numbers are further split into localities.

2. The analysis benefits the partners distinguish the pulse of the sector and offers them with info on the main market drivers, market restraints, opportunities, and alternatives.

3. The market research will facilitate the partners comprehend the players and obtain additional insights to better their market position. The competitive outlook section includes the competitor ecosystem, new industry product developments, alliances, and mergers and acquisitions.

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