According to the latest report by IMARC Group, titled, “Global Web Application Firewall Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2020-2025“, the global web application firewall market grew at a CAGR of around 20% during 2014-2019.
A web application firewall stands for software- or hardware-based solution that helps in monitoring and filtering the network traffic on web applications. It protects against malware infections, zero-day exploits, impersonation, and several other threats by blocking the network packets. Some of the common types of web application firewalls include network-, host- and cloud-based WAF. These WAFs find numerous applications across diverse sectors, including government and defense, BFSI, retail, healthcare, IT and telecom, etc.
The growing incidences of cyberattacks and security breaches over the internet are primarily augmenting the demand for web application firewalls. Furthermore, the rising adoption of WAFs in the healthcare sector to prevent unauthorized access to critical healthcare networks is also propelling the market growth. Moreover, several organizations are dependent upon cloud-based WAFs for access control, bot detection and enforcement, threat intelligence, application program interface (API), malware detection, etc. In addition to this, numerous technological advancements in the IT sector, along with the emergence of advanced WAFs suitable for a multi-cloud environment, will continue to drive the market growth in the coming years.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/web-application-firewall-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Web Application Firewall Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
For more information about this report visit: https://www.imarcgroup.com/web-application-firewall-market
The report has segmented the market on the basis of Deployment, Organization Size, Service, End User and Region.
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
- Asia Pacific
- Latin America
- Middle East and Africa
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St
Sheridan, WY 82801
Email: [email protected]
Follow us on twitter: @imarcglobal