Web Application Firewall Market by Solution (Hardware Appliances, Virtual Appliances, Cloud-Based), Service (Professional and Managed), Organization Size (SMEs and Large Enterprises), Industry Trends, Estimation & Forecast, 2017 - 2025

January 2019

 ERC 2460


Web application firewall (WAF) is an application firewall that filters, monitors and blocks HTTP traffic as they travel to and from the web applications. The WAF is installed as a hardware appliance, virtual appliance or cloud based that runs directly on web servers. It monitors all HTTP requests and analyzes them before they reach the web server for being processed. It examines the GET and POST method while applying distinct rules to recognize and filter out illegitimate traffic. Other security solutions such as Intrusion Detection System (IDS), network firewalls and Intrusion Prevention System (IPS) can stop the illegal traffic and provide the network security. However, they are not equipped to detect and stop session hijacking, SQL injection, cross-site scripting (XSS).

Web Application Firewall Market Determinants

The major driving factors of WAF market are increasing dependency of various industries on the internet, and rising concerns regarding web security attacks such as cyber theft, fraud, and harassment on a web network. Additionally, numerous companies are witnessing issues regarding cyber-attacks in their system which is another driving factor of web application firewall market. However, lack of skills, negligent deployment and numerous priorities regarding risk reduction are the major restraints for the growth of the market. On the other hand, continuous technological advancements in the field of cyber security will act as a future growth opportunity to the market.

Web Application Firewall Market Segment Analysis

Web application firewall market is segmented by component, solution, organization size, industry vertical and geography. By component, the web application firewall market is segmented into solutions and services. On the basis of solutions, the market is further segmented into hardware appliances, virtual appliances and cloud based. The service segment is further segmented as professional services and managed services. On the basis of organization size, the web application firewall market is segmented as small & medium sized enterprises and large enterprises. By industry vertical, the web application firewall market is segmented into BFSI, retail, IT & communications, government & defense, healthcare, energy & utilities, education and others. By geography, the web application firewall market is categorized as North America, Europe, Asia Pacific and Rest of World.

The key players operating in the web application firewall market include Akamai Technologies, Citrix Systems, Inc., Ergon Informatik AG, Barracuda Networks, Inc., Cloudflare, Inc., Penta Security Systems Inc., DenyAll, F5 Networks, Inc., Fortinet, Inc., and Radware Ltd.

Web Application Firewall Market Key Segments

• By component
o Solutions
   Hardware appliances
   Virtual appliances
   Cloud based
o Services
   Professional services
   Support and maintenance
   Training and education
   System integration
   Managed services

• By organization size
  o Small and medium sized enterprises
  o Large enterprises

• By industry vertical
  o Banking, financial services and insurance
  o Retail
  o IT and communication
  o Government and defense
  o Healthcare
  o Energy and utilities
  o Education
  o Others

• By geography
  o North America
  o Europe
  o APAC
  o Rest of the world

Key Market Players

• Akamai Technologies
• Citrix Systems, Inc.
• Ergon Informatik AG
• Barracuda Networks, Inc.
• Cloudflare, Inc.
• Penta Security Systems Inc.
• DenyAll
• F5 Networks, Inc.
• Fortinet, Inc.
• Radware Ltd.

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    What Information does this report contain?

    • What was the market size of the Web Application Firewall Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Web Application Firewall Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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