Web Application Firewall Market : Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Web Application Firewall Market : By component (Services and Solutions), By Professional service (Support & Maintenance, System Integration, Consulting, Training & Education), and By Application (Aerospace & Defense, BFSI, Public sector, Retail, Healthcare, IT & Telecom, Energy & Utilities, Manufacturing, and Others) and Geography

 

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Report

Description

Web Application Firewall Market size is valued at USD 5,942.2 million in 2021 and is expected to grow at a CAGR of 19.2% during the forecast period 2022 to 2028. The global market provides a detailed overview and which can be segmented by component, professional service, application, and region. By component, the web application firewall market has been segmented into services and solutions. By professional service, the web application firewall market has been segmented into support & maintenance, system integration, consulting, training & education. Based on the application, the web application firewall market has been segmented into aerospace & defense, bfsi, public sector, retail, healthcare, it & telecom, energy & utilities, manufacturing, and others. The healthcare segment is expected to have significant growth over the forecasted period owing to the technological advancements in healthcare sectors worldwide. Next-generation cybersecurity solutions integrated with advanced technologies, such as ML and behavioural analytics, provide cutting-edge threat protection to combat APTs, by integrating real-time contextual awareness, automating intelligent security, and providing a fast response and low cost of ownership. These next-generation web application firewall solutions influence advanced technological concepts, such as ML and AI, to proactively determine the root cause of the threat and help protection to critical information at networks and application layers.

 

Key Development:

In April 2022, KKR, a leading global investment firm, signed an agreement to acquire Barracuda from Thoma Bravo, its parent company. Under the agreement, KKR would provide resources and expertise to further accelerate Barracuda’s growth and support its strategic expansion in the market.

In March 2022, Cloudflare expanded its partnership with CrowdStrike to bring integrated Zero Trust Security to simplify the adoption of Zero Trust solutions for IT teams. Cloudflare would integrate its Zero Trust platform with CrowdStrike Falcon Zero Trust Assessment (ZTA) to ensure employees have secure access to applications from any location.

Web Application Firewall Market

MARKET SUMMARY
-
19.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 19.2%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Web Application Firewall Market

  • The global web application firewall market report gives comprehensive outlook on web application firewall market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global web application firewall market gives historical, current, and future market sizes (US$ Mn) on the basis of component, professional service, Application, and region.
Key Players
  • Akamai Technologies, Inc.
  • Barracuda Networks, Inc.
  • Citrix Systems, Inc.
  • F5 Networks, Inc.
  • Imperva, Inc.
Web Application Firewall Market Drivers

An increasing demand for cloud-based solutions, an increase in the number of cyber-attack activities, stringent industry standards & regulatory compliance, and extensive application areas of the web application firewall market. These factors have significantly contributed to the web application firewall market growth, and are anticipated to influence the market growth positively.


North-America Got Significant Share

Web Application Firewall Market

North America is the leader in the global web application firewall market share, in terms of technological advancements and adoption. It owns a well-equipped infrastructure and the capacity to afford web application firewall solutions. Furthermore, a rise in investments in the defense sector, along with technological advancements in the telecommunication industry, is expected to further drive market growth over the forecast period in this region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Web Application Firewall Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

With the increasing use of such web applications across various business functions, organizations tend to expose their critical business information to cyber adversaries, putting their entire businesses at risk, resulting in increased adoption of WAF sol.

The global web application firewall market size is valued at USD 5,942.2 million in 2021. The increasing incidences of cyber theft, fraud, and stringent government regulation related to data and cyber security are expected to fuel market expansion. Additionally, in today’s corporate, government, and educational sectors, web-based apps and services have transformed the nature of information delivery and interchange. Also, with the cheap availability of information and the variety of web services and web-based services, the firewall market is being gradually relied upon for greater integration of internal information systems.

Healthcare Sector is a major trend in the market and is expected to have significant growth. As Firewalls are the first line of defense for every healthcare network and protect EHRs (Electronic Health Records) and protected health information (PHI) from malware and other cyber-attacks. In 2021, Verizon examined 849 incidents, 571 of which had confirmed data exposure, and discovered that web applications were the most common vector. The confidentiality, integrity, and accessibility of healthcare applications, systems, data, and resources may be affected by web application attacks targeted at healthcare establishments.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Web Application Firewall Market Introduction
    • Global Web Application Firewall Market – Taxonomy
    • Global Web Application Firewall Market –Definitions
      • By Component
      • By Professional service
      • By Application
      • By Geography
  1. Global Web Application Firewall Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Web Application Firewall Market Dynamic Factors – Impact Analysis
    • Global Web Application Firewall Market – Competition Landscape
  2. Global Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Web Application Firewall Market, By Component, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Service
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Solution
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Web Application Firewall Market Forecast, By Professional service, 2015 – 2019 and Forecast, 2020 – 2026
    • Support &Maintanance
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • System Integration
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Consulting
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Training
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Web Application Firewall Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026
    • IT and Telcom
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • BFSI
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Energy and Utilities
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Education
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Healthcare
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Government and Defense
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other End user Industries
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Web Application Firewall Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Web Application Firewall Market – Opportunity Analysis Index, By component, By Professional service, Application, and Region, 2020 – 2026
  2. North America Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Services
      • Solutions
    • By Professional service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Support & Maintenance
      • System Integration
      • Consulting
      • Training & Education
    • ApplicationAnalysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Telecom & IT
      • Energy and Utilities
      • Education
      • Banking, Financial Services and Insurance (BFSI)
      • Government and Defense
      • Healthcare
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Web Application Firewall Market – Opportunity Analysis Index, By By component, By Professional service, Application, and Country, 2020 – 2026
    • North America Web Application Firewall Market Dynamics – Trends
  3. Europe Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Services
      • Solutions
    • By Professional service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Support & Maintenance
      • System Integration
      • Consulting
      • Training & Education
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Telecom & IT
      • Energy and Utilities
      • Education
      • Banking, Financial Services and Insurance (BFSI)
      • Government and Defense
      • Healthcare
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Web Application Firewall Market – Opportunity Analysis Index, By component, By Professional service, Application, and Country, 2020 – 2026
    • Europe Web Application Firewall Market Dynamics – Trends
  4. Asia-Pacific Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Services
      • Solutions
    • By Professional service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Support & Maintenance
      • System Integration
      • Consulting
      • Training & Education
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Telecom & IT
      • Energy and Utilities
      • Education
      • Banking, Financial Services and Insurance (BFSI)
      • Government and Defense
      • Healthcare
      • Others
      • Other End-user Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Web Application Firewall Market – Opportunity Analysis Index, By By component, By Professional service, Application, and Country, 2020 – 2026
    • Asia-Pacific Web Application Firewall Market Dynamics – Trends
  5. Latin America Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Services
      • Solutions
    • By Professional service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Support & Maintenance
      • System Integration
      • Consulting
      • Training & Education
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Telecom & IT
      • Energy and Utilities
      • Education
      • Banking, Financial Services and Insurance (BFSI)
      • Government and Defense
      • Healthcare
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Web Application Firewall Market – Opportunity Analysis Index, By By component, By Professional service, Application, and Country, 2020 – 2026
    • Latin America Web Application Firewall Market Dynamics – Trends
  6. Middle East and Africa Web Application Firewall Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By component Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Services
      • Solutions
    • By Professional service Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Support & Maintenance
      • System Integration
      • Consulting
      • Training & Education
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Telecom & IT
      • Energy and Utilities
      • Education
      • Banking, Financial Services and Insurance (BFSI)
      • Government and Defense
      • Healthcare
      • Others
    • Disposal Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Web Application Firewall Market – Opportunity Analysis Index, By component, By Professional service, Application, and Country, 2020 – 2026
    • MEA Web Application Firewall Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, By Professional service & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Akamai Technologies, Inc. (U.S.)
      • Barracuda Networks, Inc. (U.S.)
      • Citrix Systems, Inc. (U.S.)
      • F5 Networks, Inc. (U.S.)
      • Imperva, Inc. (U.S.)
      • Fortinet, Inc (U.S.)
      • Radware (Israel)
      • Trustwave (U.S.)
      • Ergon Informatik (Switzerland)
      • Ust Global (US)
      • Nsfocus (Japan)
      • Penta Security Systems (India)
  8. Research Methodology
  9. Key Assumptions and Acronyms

Report

Company Profile

  • Akamai Technologies, Inc. (U.S.)
  • Barracuda Networks, Inc. (U.S.)
  • Citrix Systems, Inc. (U.S.)
  • F5 Networks, Inc. (U.S.)
  • Imperva, Inc. (U.S.)
  • Fortinet, Inc (U.S.)
  • Radware (Israel)
  • Trustwave (U.S.)
  • Ergon Informatik (Switzerland)
  • Ust Global (US)
  • Nsfocus (Japan)
  • Penta Security Systems (India)

Description

Web Application Firewall Market size is valued at USD 5,942.2 million in 2021 and is expected to grow at a CAGR of 19.2% during the forecast period 2022 to 2028. The global market provides a detailed overview and which can be segmented by component, professional service, application, and region. By component, the web application firewall market has been segmented into services and solutions. By professional service, the web application firewall market has been segmented into support & maintenance, system integration, consulting, training & education. Based on the application, the web application firewall market has been segmented into aerospace & defense, bfsi, public sector, retail, healthcare, it & telecom, energy & utilities, manufacturing, and others. The healthcare segment is expected to have significant growth over the forecasted period owing to the technological advancements in healthcare sectors worldwide. Next-generation cybersecurity solutions integrated with advanced technologies, such as ML and behavioural analytics, provide cutting-edge threat protection to combat APTs, by integrating real-time contextual awareness, automating intelligent security, and providing a fast response and low cost of ownership. These next-generation web application firewall solutions influence advanced technological concepts, such as ML and AI, to proactively determine the root cause of the threat and help protection to critical information at networks and application layers.

 

Key Development:

In April 2022, KKR, a leading global investment firm, signed an agreement to acquire Barracuda from Thoma Bravo, its parent company. Under the agreement, KKR would provide resources and expertise to further accelerate Barracuda’s growth and support its strategic expansion in the market.

In March 2022, Cloudflare expanded its partnership with CrowdStrike to bring integrated Zero Trust Security to simplify the adoption of Zero Trust solutions for IT teams. Cloudflare would integrate its Zero Trust platform with CrowdStrike Falcon Zero Trust Assessment (ZTA) to ensure employees have secure access to applications from any location.

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