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Forecasts indicate that the worldwide market for web application firewalls will expand from an initial valuation of $3.19 billion in 2024 to $25.26 billion in 2031, a compound annual growth rate (CAGR) of 21.88%.
The purpose of a web application firewall (WAF) is to increase the safety of web chats, also known as HTTP conversations. It finds potential dangers to a system and blocks them according to a predetermined set of rules. Managing and keeping tabs on network traffic for apps that may be accessed through the web is another common use. By separating a system from its external environment, this firewall provides a reasonably secure barrier. Online applications can be safeguarded from several forms of attacks, including cross-site scripting, SQL injection, RFI, DT, and XSS, at the application layer of the open system interconnection paradigm. The rising demand for cloud-based solutions and the strict laws and standards within the business are the main forces propelling the market's expansion.
The shortage of qualified workers, strict industry standards and regulatory compliance, an explosion in the number of cyber-attack activities, a proliferation of WAF applications, and rising demand for cloud-based solutions are all factors propelling the WAF market forward. The expansion of the web application firewall market has been greatly influenced by these factors, and they are expected to continue doing so during the projected period.
The world is becoming more and more networked, which is causing technologies like the Internet of Things to permeate more and more end-user applications. Protecting the infrastructure of networks and web applications is becoming more important and more widely recognized. Televisions, smartphones, and printers are just a few of the many things that are increasingly being linked to the internet. To maximize efficiency, more and more companies are incorporating these kinds of linked devices into their operations. The threat landscape is evolving to include new threats and security holes brought about by the proliferation of connected devices and apps. Demand in the WAF market is being driven by the widespread adoption of advanced security solutions like WAFs, Next-Generation Firewalls (NGFW), and Runtime Application Self-Protection (RASP) by IoT technology and developer companies to safeguard their business infrastructure.
The web application firewall market is anticipated to experience slower development due to the rising popularity and adoption of integrated RASP solutions among enterprises. Web application firewalls and RASP solutions both focus on providing web applications with top-notch cybersecurity. Although they accomplish the same thing, the two solutions couldn't be more different. RASP is application-integrated software that monitors application calls for signs of assault and attempts to notify the user if they are under attack. Unlike competing protocols, RASP responds in real-time, addressing potential dangers before they might affect the application. For example, RASP has the ability to end a call and block the user from re-entering or ban their IP address. Rapid application security patching (RASP) solutions swiftly and automatically patch security holes and defend against zero-day threats. Even for older apps that just have rudimentary security measures, they can be useful. In a production setting, they provide a proactive solution.
Component, deployment model, organization size, end user, and geography are the main determinants of the web application firewall market's segmentation. The solution and services segments of the market are categorized by components. The on-premise and cloud deployment models are used to categorize the market. Large companies and small and medium enterprises are the two main categories based on the size of the organization. The industry is categorized according to the end users: BFSI, healthcare, manufacturing, government, retail & E-commerce, IT & telecom, and others. North America, Europe, Asia-Pacific, and LAMEA are the regions that make up the WAF market.
Cyberattacks and security breaches are on the rise as more and more companies shift their operations to the cloud and virtual infrastructures. Cybercriminals have begun targeting online applications and websites due to the rapid increase in the number of enterprises using the cloud to run commercial applications and store sensitive data. As a result, WAFs are becoming more necessary. A web application firewall that is hosted in the cloud is available as a SaaS solution. With this plan, the service provider handles all management of the web application firewall, which is located in the cloud. With the service provider taking care of optimization and updates, enterprises can easily establish and manage a web application firewall. Organizations with minimal IT resources for WAF maintenance and management may find this choice to be the best fit.
Report Coverage
Global Web Application Firewall research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Web Application Firewall report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Web Application Firewall competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Web Application Firewall market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Web Application Firewall market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Web Application Firewall market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Akamai Technologies, Inc., Qualys, Inc., Imperva, Inc., Applicure Technologies Ltd., Barracuda Networks, Inc., Fortinet, Inc., F5 Networks, Inc., Cloudflare, Inc., Citrix Systems, Inc., Radware Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Web Application Firewall market based on the below-mentioned segments:
Global Web Application Firewall Market, By Component
Solution
Services
Global Web Application Firewall market, By Organization Size
Large Enterprises
Small and Medium Enterprises
Global Web Application Firewall Market, By End User
BFSI
Healthcare
IT and Telecom
Manufacturing
Government and Public Sector
Retail and E-Commerce
Others
Global Web Application Firewall market, Regional Analysis
The purpose of a web application firewall (WAF) is to increase the safety of web chats, also known as HTTP conversations. It finds potential dangers to a system and blocks them according to a predetermined set of rules. Managing and keeping tabs on network traffic for apps that may be accessed through the web is another common use. By separating a system from its external environment, this firewall provides a reasonably secure barrier. Online applications can be safeguarded from several forms of attacks, including cross-site scripting, SQL injection, RFI, DT, and XSS, at the application layer of the open system interconnection paradigm. The rising demand for cloud-based solutions and the strict laws and standards within the business are the main forces propelling the market's expansion.
The shortage of qualified workers, strict industry standards and regulatory compliance, an explosion in the number of cyber-attack activities, a proliferation of WAF applications, and rising demand for cloud-based solutions are all factors propelling the WAF market forward. The expansion of the web application firewall market has been greatly influenced by these factors, and they are expected to continue doing so during the projected period.
The world is becoming more and more networked, which is causing technologies like the Internet of Things to permeate more and more end-user applications. Protecting the infrastructure of networks and web applications is becoming more important and more widely recognized. Televisions, smartphones, and printers are just a few of the many things that are increasingly being linked to the internet. To maximize efficiency, more and more companies are incorporating these kinds of linked devices into their operations. The threat landscape is evolving to include new threats and security holes brought about by the proliferation of connected devices and apps. Demand in the WAF market is being driven by the widespread adoption of advanced security solutions like WAFs, Next-Generation Firewalls (NGFW), and Runtime Application Self-Protection (RASP) by IoT technology and developer companies to safeguard their business infrastructure.
The web application firewall market is anticipated to experience slower development due to the rising popularity and adoption of integrated RASP solutions among enterprises. Web application firewalls and RASP solutions both focus on providing web applications with top-notch cybersecurity. Although they accomplish the same thing, the two solutions couldn't be more different. RASP is application-integrated software that monitors application calls for signs of assault and attempts to notify the user if they are under attack. Unlike competing protocols, RASP responds in real-time, addressing potential dangers before they might affect the application. For example, RASP has the ability to end a call and block the user from re-entering or ban their IP address. Rapid application security patching (RASP) solutions swiftly and automatically patch security holes and defend against zero-day threats. Even for older apps that just have rudimentary security measures, they can be useful. In a production setting, they provide a proactive solution.
Component, deployment model, organization size, end user, and geography are the main determinants of the web application firewall market's segmentation. The solution and services segments of the market are categorized by components. The on-premise and cloud deployment models are used to categorize the market. Large companies and small and medium enterprises are the two main categories based on the size of the organization. The industry is categorized according to the end users: BFSI, healthcare, manufacturing, government, retail & E-commerce, IT & telecom, and others. North America, Europe, Asia-Pacific, and LAMEA are the regions that make up the WAF market.
Cyberattacks and security breaches are on the rise as more and more companies shift their operations to the cloud and virtual infrastructures. Cybercriminals have begun targeting online applications and websites due to the rapid increase in the number of enterprises using the cloud to run commercial applications and store sensitive data. As a result, WAFs are becoming more necessary. A web application firewall that is hosted in the cloud is available as a SaaS solution. With this plan, the service provider handles all management of the web application firewall, which is located in the cloud. With the service provider taking care of optimization and updates, enterprises can easily establish and manage a web application firewall. Organizations with minimal IT resources for WAF maintenance and management may find this choice to be the best fit.
Report Coverage
Global Web Application Firewall research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Web Application Firewall report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Web Application Firewall competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Web Application Firewall market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Akamai Technologies, Inc., Qualys, Inc., Imperva, Inc., Applicure Technologies Ltd., Barracuda Networks, Inc., Fortinet, Inc., F5 Networks, Inc., Cloudflare, Inc., Citrix Systems, Inc., Radware Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Web Application Firewall Market from 2021 to 2031.
- Market Forecast for Web Application Firewall Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Web Application Firewall competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Web Application Firewall
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Web Application Firewall market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Web Application Firewall market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Akamai Technologies, Inc., Qualys, Inc., Imperva, Inc., Applicure Technologies Ltd., Barracuda Networks, Inc., Fortinet, Inc., F5 Networks, Inc., Cloudflare, Inc., Citrix Systems, Inc., Radware Ltd.
Primary Target Market
- Market Players of Web Application Firewall
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Web Application Firewall market based on the below-mentioned segments:
Global Web Application Firewall Market, By Component
Solution
Services
Global Web Application Firewall market, By Organization Size
Large Enterprises
Small and Medium Enterprises
Global Web Application Firewall Market, By End User
BFSI
Healthcare
IT and Telecom
Manufacturing
Government and Public Sector
Retail and E-Commerce
Others
Global Web Application Firewall market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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