Dublin, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The "Global Web Application Firewall Market by Component (Services, Solutions), Organization Size, End-Use Industry and Deployment - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The report analyzes key market segments and provides an overview of market dynamics, opportunities, and challenges.
The "Global Web Application Firewall Market" report estimates the market size at USD 7.05 billion in 2022, reaching USD 8.05 billion in 2023, with a projected CAGR of 14.63% to reach USD 21.05 billion by 2030.
Market Segmentation & Coverage
The research report categorizes the Global Web Application Firewall Market to forecast revenues and analyze trends in the following sub-markets:
- Component: Services (Managed Services, Professional Services) and Solutions (Hardware Appliances, Virtual Appliances)
- Organization Size: Large Enterprises and Small & Medium-Sized Enterprises
- End-Use Industry: Banking, Financial Services & Insurance, Education, Energy & Utilities, Government & Defense, Healthcare, IT & Telecommunications, and Retail & Consumer Goods
- Deployment: Cloud-based WAF, Host-based WAF, and Network-based WAF
- Region: Americas, Asia-Pacific, and Europe, Middle East & Africa
Market Share Analysis
The Market Share Analysis provides insights into the current state of vendors in the market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, the analysis offers a better understanding of company performance and competition for market share.
Market Dynamics
- Drivers
- Significant growth in utilization of web applications
- Growing concerns associated with cyberattacks
- Stringent governmental regulations for cyber security and personal data protection
- Restraints
- High costs of installations and maintenance
- Opportunities
- Ongoing rise in deployment of IoT and AI solutions
- Technological advancements in web application firewall solutions
- Challenges
- Technical limitations of web application firewall solutions
The report answers questions such as:
- What is the market size and forecast of the Global Web Application Firewall Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Web Application Firewall Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Web Application Firewall Market?
- What is the competitive strategic window for opportunities in the Global Web Application Firewall Market?
- What are the technology trends and regulatory frameworks in the Global Web Application Firewall Market?
- What is the market share of the leading vendors in the Global Web Application Firewall Market?
- What modes and strategic moves are considered suitable for entering the Global Web Application Firewall Market?
Company Coverage:
- Akamai Technologies, Inc.
- Alibaba Group
- Amazon Web Services, Inc.
- Applicure Technologies Ltd.
- Barracuda Networks, Inc.
- Citrix Systems, Inc.
- Cloudflare, Inc.
- F5 Networks, Inc.
- Fastly, Inc.
- Fortinet, Inc.
- Imperva, Inc.
- Lumen Technologies
- Microsoft Corporation
- NSFOCUS Inc.
- Oracle Corporation
- Penta Security Systems Inc.
- Positive Technologies
- Qualys, Inc.
- Radware Ltd.
- Sophos Group PLC
- Trustwave Holdings, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $8.05 Billion |
| Forecasted Market Value (USD) by 2030 | $21.05 Billion |
| Compound Annual Growth Rate | 14.6% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/l3y3hl
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