Web application firewall is used to HTTP applications to monitor, filter or block data packets and is often deployed through a proxy and is placed in front of one or more web applications. Global web application firewall market size was valued at $2.47 billion in 2017 and is estimated to reach $9.59 billion by 2025 with the CAGR of 18.45% during 2019-2025. The key drivers responsible for the growth of the web application firewall market are increasing product offering with technological advancements, rising adoption of cloud-based services, existence in application areas among end users, growing penetration of IoT with web applications, instance rising of web attacks, cyber threats, promoting of government regulations and requirement of compliance. On the other hand, the factors hindering the growth are a high rate of competition with UTM solutions, the high cost of adoption for Appliance-Based WAFs, the existence of traditional firewalls and lack of technical expertise. However, adoption in SMEs, emerging of AI or machine learning and rising adoption of cloud-based firewalls are expected to boost the market over the forecast period.

Research Study Objectives:

• Define, estimate, and forecast the web application firewall market statistics component, organisation size, end users and regions concerning the individual growth drivers, market trends and their contribution toward the web application firewall market growth
• Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the web application firewall market analysis report.
• Analysis and conclusions on the future web application firewall market outlook.

Top-down and bottom-up approaches are used to validate the web application firewall market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL's such as CEOs, directors, board members, VP's, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The web application firewall market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the web application firewall market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The Web Application Firewall Market segmentation is as follows:

By Component

• Solution
  • Hardware Appliances
  • Virtual Appliances
  • Cloud-Based
• Services
• Professional Services
  • Consulting
  • Support and Maintenance
  • Training and Education
  • System Integration
• Managed Services

By Organisation Size

• Small and Medium Enterprises
• Large Enterprises

By End Users

• Banking, Financial Services, and Insurance
• Retail
• IT and Telecommunications
• Government and Defense
• Healthcare
• Energy and Utilities
• Education
• Others

Geographical Analysis:

Web application firewall market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customisation Options:

With the given research report, Envision Inteligence offers customisations as per the client's specific requirements. The following customisation options offered for the web application firewall market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Web Application Firewall Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter's Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinising the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant web application firewall market, such as
  • Citrix Systems, Inc.
  • VMware, Inc.
  • F5 Networks, Inc.
  • Fortinet, Inc.
  • Sophos Group PLC

Along with these companies, many other companies are considered in the report while analysing the global web application firewall market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.