Market Highlights
In the coming years, the global market is expected to experience rapid growth on the
back of various factors, including rising adoption of web applications, the
rise in cyber-attacks, and increasing Internet of Things penetration. The rise
in Internet of Things implementation, especially in automotive and consumer
electronics, is a prediction to generate lucrative opportunities on the global
market. The surge in data theft cases has increased the need for the firewall
on the web application. They are requested against cyber-attacks such as
cross-site scripting and SQL injection for security. Web application firewall
(WAF) is recognized for safeguards provided to the servers. WAF 's availability
in different forms such as computers, servers, and filters play a major role in
deciding the size of the firewall market for web applications. On the global
market, the rising rate of adoption of cloud-based computing technologies
serves as a growth factor. Government cybersecurity regulations also accelerate
the advancement of the firewall environment of web applications.
Cloud-based
WAF products are gaining popularity on the market because they are completely
equipped with anti-malpractice threat management technologies such as
ransomware, cyberware, phishing and emerging cyber threats on the global
market. This cloud-based approach provides a major benefit by protecting the
network even when the user is offline. Various positive attributes such as
threat intelligence, bot detection and compliance, caching, Application Program
Interface (API) protection, Distributed Denial of Service ( DDoS) mitigation,
and malware detection are stepping up market development.
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Market
Segmentation
The
global firewall market for web applications is segmented by deployment,
services, size of organization, security models, end users and region. The
market is segmented into on appliance, cloud, and network based on deployment.
Of others, the cloud-based web application firewall is the leading category due
to advanced malware, phishing, and other cyber-attacks and threats mitigation
technologies and solutions.
The
segmentation is categorized according to technical services and managed
services depending on the companies.
The
market is divided into negative security model, positive safety model and
hybrid security model.
The web
application firewall attracts end users such as banking, insurance, e
-commerce, government, telecom, education, healthcare, and others.
Regional
Outlook
The
market has been segmented, based on region, into Europe, North America, Asia Pacific,
and the rest of the world. North America is leading out of these in terms of
the growing presence of security vendors.
Outside
of developed countries like the US and Canada, North America is the most mature
area for the implementation of information security technologies and
infrastructure. Market growth is also due to a rise in the number of security
breaches and government IT security regulations are expected to encourage
governmental organizations and companies to develop their data protection
infrastructure, which is expected to help the growth of the security appliance
market.
Asia
Pacific region is growing significantly in the market, as web and mobile
applications in India and China are increasingly being adopted and practiced
for business operations. During the forecast period, the growing use of mobile
devices for business transactions, especially in the scaling economies, is
projected to give prominence to APAC in the application firewall market.
Competitive
Dashboard
The web
application firewall market comprises prominent players such as Citrix
Systems, Inc. (U.S.), Barracuda Networks, Inc. (U.S.), F5 Networks, Inc (U.S.),
Applicure Technologies Ltd (Israel), Imperva Inc (U.S.), Fortinet, Inc. (U.S.),
Akamai Technologies (U.S.), DBAPP Security Co., Ltd (China), Juniper Networks,
Inc (U.S.), IBM Corporation (U.S.), NS Focus Information Technology Co Ltd
(China) among others.
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Web Application Firewall Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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