Asia Pacific Web Application Firewall (WAF) Solutions Growth Opportunities
Stringent Regulatory Requirements for Data Security and Privacy Compliance Drives the Future Growth Potential of WAF
Today’s businesses heavily rely on the web and web applications for better customer engagement and improved operations. As customer-facing or internal applications often contain valuable information, including customer data or sensitive financial information, these web applications are a constant target for attackers. The surge of web traffic and the rise of Internet of Things (IoT) usage have led to an unprecedented number of web-based attacks. Organizations face massive risks to their web applications, as the threat landscape evolves and malicious actors find new attack vectors. The strong adoption of cloud services, the growing complexity of applications with APIs, microservices, and serverless functions have also expanded the application attack surface, posing greater challenges for traditional signature-based web application firewall (WAF) solutions to identify and block new threats. Considering the fast-evolving threat landscape and the increasing sophistication of web-based attacks, WAF evolves to provide enhanced protection in modern software development, adapting to the dynamic nature of websites and applications. Organizations need and search for a holistic application security offering over point security solutions for an effective and robust application security strategy.
This Frost & Sullivan research service provides insights into the Asia-Pacific WAF market by verticals, horizontals, and deployment types; regional breakdowns for Australia and New Zealand, South-east Asian nations (ASEAN), Greater China, India, Japan, and South Korea. The report analyzes the factors driving and restraining the adoption of WAF solutions, forecast analysis, pricing trends, competitive landscape regional trends, and provides insights for chief information security officers (CISOs). Finally, this study identifies growth opportunities emerging from the market’s dynamics for stakeholders and players to leverage. The base year is 2022, and the forecast period is 2023–2027.
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Web Application Firewall Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Scope of Analysis
Revenue and Forecast Estimate Disclaimer
Market Segmentation
Regional Segmentation
Customer Segmentation
Research Methodology
Key Competitors
Key Competitors (continued)
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast Analysis (continued)
Revenue Forecast by Product
Revenue Forecast Analysis by Product Type
Revenue Forecast by Region
Revenue Forecast Analysis by Region
Revenue Forecast Analysis by Region (continued)
Revenue Share by Horizontal Segments and Main Verticals
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Growth Opportunity Analysis—ANZ
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Analysis—ASEAN
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Analysis—Greater China
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Analysis—India
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Analysis—Japan
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Analysis—South Korea
Growth Metrics
Revenue Forecast
Forecast Analysis
Revenue Forecast by Product Type
Revenue Share
Growth Opportunity Universe
Growth Opportunity 1: Leveraging AI and ML for Enhanced WAF Capabilities
Growth Opportunity 1: Leveraging AI and ML for Enhanced WAF Capabilities (continued)
Growth Opportunity 2: Strong Need for Flexible Deployment to Support Different Use Cases
Growth Opportunity 2: Strong Need for Flexible Deployment to Support Different Use Cases (continued)
Growth Opportunity 3: Integrating WAF with Other Security Technologies Against Evolving Threats
Growth Opportunity 3: Integrating WAF with Other Security Technologies Against Evolving Threats (continued)
WAF Solutions—Insights for Chief Information Security Officers (CISOs)