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Report
Web Application Firewall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 139 Pages I IMARC Group
The global web application firewall market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 15.9% during 2022-2028.
A web application firewall (WAF) monitors network traffic on web-enabled applications. It assists in blocking data packets and establishing a protected barrier between the computer and the external environment. It also helps prevent zero-day exploits, malware infections, impersonations, and unauthorized cyber vulnerabilities. It provides web security at the application layer of the open system interconnection model from several attacks, such as cross-site scripting (XSS), structured query language (SQL) injection, and request for information (RFI). Besides this, as WAF offers improved visibility of web traffic, ease of deployment, and cost-effectiveness, it finds extensive applications in various industry verticals across the globe.
Web Application Firewall Market Trends:
Rapid digitization, the growing occurrence of cyberattacks, and internet fraud on the global level are among the key factors positively influencing the market. In addition, the increasing adoption of WAF by numerous organizations to prevent malware, phishing, and security threats are creating a positive outlook for the market. Along with this, the rising employment of firewalls in the healthcare industry to prevent unauthorized access to critical healthcare networks and electronic patient records through Wi-Fi-enabled equipment is driving the market. Additionally, cloud-based WAF solutions offer numerous services to organizations, including bot detection and enforcement, access control, caching, threat intelligence, application program interface (API), and malware detection. Moreover, improvements in the information technology (IT) infrastructure and increasing investments by leading market players in research and development (R&D) activities are propelling the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global web application firewall market report, along with forecasts at the global, regional, and country-level from 2023-2028. Our report has categorized the market based on deployment, organization size, service, and end-use industry.
Breakup by Deployment:
Cloud-based
On-premises
On-premises WAF represents the largest market segment as it helps prevent the risk of threats from advanced cyber-attacks or ransomware.
Breakup by Organization Size:
Large Enterprises
Small and Medium Enterprises
WAF finds applications in large enterprises on account of their increasing focus on ensuring secure access to network devices.
Breakup by Service:
Professional services
Managed services
WAF is extensively used for professional services as it protects websites and other web applications by inspecting and filtering traffic between the website and visitors accessing the site.
Breakup by End Use Industry:
Government and Defense
BFSI
Retail
Healthcare
IT and Telecom
Energy and Utilities
Manufacturing
Others
WAF is employed in the BFSI industry to prevent unauthorized access to the confidential data of customers and eliminate the risk of scams and cyber-attacks.
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America presently exhibits a clear dominance in the market due to the presence of security vendors and increasing security breach incidents in the region.
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Akamai Technologies Inc., Applicure Technology Ltd., Barracuda Networks Inc., Citrix Systems Inc., Cloudflare Inc., Ergon Informatik AG, F5 Networks Inc., Fortinet Inc., Imperva Inc., Nsfocus Information Technology Co. Ltd., Penta Security Systems Inc. (Finleap), Qualys Inc. and Radware Ltd.
Key Questions Answered in This Report:
How has the global web application firewall market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global web application firewall market?
What are the key regional markets?
What is the breakup of the market based on the deployment?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the service?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global web application firewall market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Web Application Firewall Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Deployment
6.1Cloud-based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2On-premises
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Organization Size
7.1Large Enterprises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Small and Medium Enterprises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Service
8.1Professional services
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Managed services
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Industry
9.1Government and Defense
9.1.1 Market Trends
9.1.2 Market Forecast
9.2BFSI
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Retail
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Healthcare
9.4.1 Market Trends
9.4.2 Market Forecast
9.5IT and Telecom
9.5.1 Market Trends
9.5.2 Market Forecast
9.6Energy and Utilities
9.6.1 Market Trends
9.6.2 Market Forecast
9.7Manufacturing
9.7.1 Market Trends
9.7.2 Market Forecast
9.8Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Akamai Technologies Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2Applicure Technology Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3Barracuda Networks Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4Citrix Systems Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5Cloudflare Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6Ergon Informatik AG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7F5 Networks Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8Fortinet Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9Imperva Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10Nsfocus Information Technology Co. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11Penta Security Systems Inc. (Finleap)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12Qualys Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.13Radware Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.13.3 Financials
Figure 1: Global: Web Application Firewall Market: Major Drivers and Challenges
Figure 2: Global: Web Application Firewall Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Web Application Firewall Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Web Application Firewall Market: Breakup by Deployment (in %), 2022
Figure 5: Global: Web Application Firewall Market: Breakup by Organization Size (in %), 2022
Figure 6: Global: Web Application Firewall Market: Breakup by Service (in %), 2022
Figure 7: Global: Web Application Firewall Market: Breakup by End Use Industry (in %), 2022
Figure 8: Global: Web Application Firewall Market: Breakup by Region (in %), 2022
Figure 9: Global: Web Application Firewall (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Web Application Firewall (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Web Application Firewall (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Web Application Firewall (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Web Application Firewall (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Web Application Firewall (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Web Application Firewall (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Web Application Firewall (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Web Application Firewall (Professional services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Web Application Firewall (Professional services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Web Application Firewall (Managed services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Web Application Firewall (Managed services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Web Application Firewall (Government and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Web Application Firewall (Government and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Web Application Firewall (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Web Application Firewall (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Web Application Firewall (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Web Application Firewall (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Web Application Firewall (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Web Application Firewall (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Web Application Firewall (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Web Application Firewall (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Web Application Firewall (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Web Application Firewall (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Web Application Firewall (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Web Application Firewall (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Web Application Firewall (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Web Application Firewall (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia Pacific: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia Pacific: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Web Application Firewall Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Web Application Firewall Market: Breakup by Country (in %), 2022
Figure 85: Middle East and Africa: Web Application Firewall Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Web Application Firewall Industry: SWOT Analysis
Figure 87: Global: Web Application Firewall Industry: Value Chain Analysis
Figure 88: Global: Web Application Firewall Industry: Porters Five Forces Analysis
Table 1: Global: Web Application Firewall Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Web Application Firewall Market Forecast: Breakup by Deployment (in Million US$), 2023-2028
Table 3: Global: Web Application Firewall Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 4: Global: Web Application Firewall Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 5: Global: Web Application Firewall Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 6: Global: Web Application Firewall Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Web Application Firewall Market: Competitive Structure
Table 8: Global: Web Application Firewall Market: Key Players
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