Web Application Firewall Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A web application firewall functions by monitoring, filtering, and blocking traffic from an application. A regular firewall and the web application firewall are distinguished because a web application firewall can filter the information that is present on a web page and determine the content that poses a threat whereas the regular firewall act as a barrier between the servers and the safety gate. The advantages of a web application firewall include protection against automated temporary patches, zero-data exploits, and prevents leakage of data.

MARKET DYNAMICS

Increasing importance of web applications and rising instances of web attacks, such as cyber theft, espionage, vandalism, and fraud are driving the growth of the web application firewall market. However, the high cost of web application firewall solution may restrain the growth of the web application firewall market. Furthermore, introduction of machine learning/AI-powered web application firewall and high penetration in SMEs are anticipated to create market opportunities for the web application firewall market during the forecast period.

MARKET SCOPE

The "Global Web Application Firewall Market Analysis To 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The web application firewall market report aims to provide an overview of the web application firewall market with detailed market segmentation by solution, organization size, end user, and geography. The global web application firewall market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading web application firewall market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global web application firewall market is segmented on the basis of solution, organization size, and end user. Based on solution, the web application firewall market is segmented into: hardware appliances, virtual appliances, and cloud-based. On the basis of organization size, the web application firewall market is segmented into: SMEs and large enterprises. Further, on the basis of end user, the web application firewall market is segmented into: BFSI, retail, IT and telecommunications, healthcare, education, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global web application firewall market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The web application firewall market by each region is later sub-segmented by respective countries and segments. The web application firewall market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the web application firewall market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the web application firewall market in these regions.

MARKET PLAYERS

The reports cover key developments in the web application firewall market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from web application firewall market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the web application firewall market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the web application firewall market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- 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.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Web Application Firewall Report Scope