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Web Application Firewall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Web Application Firewall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
  • Publish Date:July 2022

  • Number of Pages:144

  • Report ID:5997520

  • Format:PDF

  • Publisher:IMARC Group

$ 2499


The global web application firewall market reached a value of US$ 4.1 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 10.4 Billion by 2027, exhibiting a CAGR of 17.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Web application firewall (WAF) refers to a hardware- or software-based solution used to monitor the network traffic on web-enabled applications. It provides protection by blocking data packets and establishing a secure barrier between the external environment and the computer. This prevents zero-day exploits, malware infections, impersonations and other unknown threats and cyber vulnerabilities. Some of the commonly used WAFs include network-, host- and cloud-based WAF. They filter an information source through whitelisting, blacklisting or a combination of both. They offer various advantages, such as agile protection against web attacks, improved visibility of the web traffic, ease of deployment and cost-effectiveness.

The increasing instances of cyberattacks and frauds over the internet represent as the key factors driving the growth of the market. WAFs are mainly used by organizations with online retailing and banking platforms to secure their operations and protect the sensitive data of consumers. Furthermore, widespread adoption of firewalls by the healthcare sector is providing a boost to the market. WAFs aid in preventing unauthorized access to critical healthcare networks and electronic patient records through Wi-Fi enabled equipment and other connected devices. Additionally, various technological advancements, such as the advent of virtual cloud resources, are acting as other growth-inducing factors. Cloud-based WAF solutions offer numerous services to organizations, such as bot detection and enforcement, access control, caching, threat intelligence, application program interface (API) and malware detection, that aid in monitoring the flow of data. Other factors, including improvements in the information technology (IT) infrastructure, along with extensive research and development (R&D) activities, are expected to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global web application firewall market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on deployment, organization size, service and end use industry.

Breakup by Deployment:

Breakup by Organization Size:
Large Enterprises
Small and Medium Enterprises

Breakup by Service:
Professional services
Managed services

Breakup by End Use Industry:
Government and Defense
IT and Telecom
Energy and Utilities

Breakup by Region:
North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Akamai Technologies Inc., Applicure Technology Ltd., Barracuda Networks Inc., Citrix Systems Inc., Cloudflare Inc., Ergon Informatik AG, F5 Networks Inc., Fortinet Inc., Imperva Inc., Nsfocus Information Technology Co. Ltd., Penta Security Systems Inc. (Finleap), Qualys Inc. and Radware Ltd.

Key Questions Answered in This Report:

How has the global web application firewall market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global web application firewall market?
What are the key regional markets?
What is the breakup of the market based on the deployment?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the service?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global web application firewall market and who are the key players?
What is the degree of competition in the industry?

Table of contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down...


Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.