Web Application Firewall Market Overview:
The web application firewall is a type of online security firewall that filters the bad http data packets between client and web application. The web application firewall detects the threats and attacks by monitoring the HTTP request before they reach the web server, providing a benefit to detect and block the malicious attacks disguised as the websites.
The Web Application Firewall (WAF) market size is expected to grow from USD 2.09 Billion in 2017 to USD 5.48 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period.
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The Web application firewall prevents the organizations from several vulnerabilities since the developing technological advancements are giving rise to various threats and attacks. Web application firewall detects and prevents cross site scripting (XSS) attacks, SQL injection attacks, buffer overflows and session hijacking. The web application firewall proves beneficial to the companies providing the products or services online. With the rising digitization and online stores, many organizations are moving their business model to online business- creating the weak points for attackers and hackers to target. Furthermore, the cloud-based deployment is a cost-effective solution for better usability, scalability, and security protection options
Web Application Firewall Market Drivers and Restraints:
Increased usage of internet and web related applications drive the global market growth. Adoption of cloud technology has increased across various organizations and verticals, which is supporting the market growth. The cloud-based web application firewall offers number of capabilities such as access control, application programming interface, threat intelligence, and bot detection. The increasing need for cyber security in various industries is accelerating the demand for global web application firewall market.
Web Application Firewall Market Geographical Segmentation:
The Web Application Firewall Market is geographically segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is the most advanced region for cyber security technology adoption and infrastructure due to the developed countries such as U.S. and Canada. Asia pacific region is significantly growing in the market due to the increasing adoption and practices of web and mobile applications in India and China for business operations.
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Key Players of Web Application Firewall Market:
The top players of Web application firewall market are WAF solutions, Imperva, Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, DenyAll, Ergon Informatik, F5 Networks, Fortinet, Penta Security Systems, Radware, Trustwave and NSFOCUS.
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