Global Web Application Firewall Market 2024-2028

Global Web Application Firewall Market 2024-2028

Global Web Application Firewall Market 2024-2028

The web application firewall market is forecasted to grow by USD 12432.5 mn during 2023-2028, accelerating at a CAGR of 25.2% during the forecast period. The report on the web application firewall market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cloud-based system, growing number of cyberthreats, and compliance to regulatory policies.

Technavio's web application firewall market is segmented as below:

• By Deployment
• On-premise
• Cloud
• By End-user
• E-Commemrce
• BFSI
• Government
• Others
• By Geographical Landscape
• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the prevalence of shadow it as one of the prime reasons driving the web application firewall market growth during the next few years. Also, increasing adoption of byod concept among enterprises and emergence of devops will lead to sizable demand in the market.

The report on the web application firewall market covers the following areas:

• Web application firewall market sizing
• Web application firewall market forecast
• Web application firewall market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading web application firewall market vendors that include A10 Networks Inc., Akamai Technologies Inc., Barracuda Networks Inc., Citrix Systems Inc., Cloudflare Inc., F5 Inc., Fortinet Inc., Imperva Inc., International Business Machines Corp., Juniper Networks Inc., NSFOCUS Inc., Penta Security Systems Inc., Positive Technologies, Qualys Inc., Radware Ltd., Sangfor Technologies Inc., Singapore Telecommunications Ltd., Sophos Ltd., UBIKA, and Venustech Group Inc.. Also, the web application firewall market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.