Web Application Firewall Market Trends, Share, Size and Forecast Report 2022-2031

The Web Application Firewall Market is expected to be around USD 8.5 Billion by 2031, at a Compound Annual Growth Rate (CAGR) of 18% during the forecast period.

A web application firewall (WAF) is an application firewall for HTTP applications. It bid a group of rules to HTTP conversion. Generally, such rules secure common attacks like SQL injection and cross-site scripting (XSS). While proxies usually protect clients, WAFs protects servers. WAFs could also be available within the sort of appliance, filter, and server plugin.

The Web Application Firewall Market is expected to be around USD 8.5 Billion by 2031, at a Compound Annual Growth Rate (CAGR) of 18% during the forecast period.

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Few of the main driving features of web application firewalls market are increasing dependency on the web by various industry verticals and concerns regarding security and cyber theft. Companies are investing heavily on either deploying web application firewall on-premise or on cloud so as to stay track of the info that’s being shared inter-organizations. Furthermore, to the present, many companies face issues regarding cyber-attacks to hack into their system which is another driving factor of the online application firewalls market.

Global Web Application Firewall is segmented based on the Solution as, Hardware Appliances, Virtual Appliances, Cloud-Based. On the basis of Service as, Professional and Managed. On the basis of Organization Size as, SMEs and Large Enterprises.

Global Web Application Firewall is segmented based on the Professional Service as, Consulting, Support and maintenance, Training and education, System integration. On the basis of Industry Vertical as, Banking, Financial Services, and Insurance (BFSI) Retail, IT and telecommunications, Government and Defense, Healthcare, Energy and utilities, Education and Others. On the basis of Component as, Service and Solution.

Global Web Application Firewall report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Web Application Firewall is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Web Application Firewall manufacturers. The revenue generated from the sales of Web Application Firewall manufacturer has been calculated through primary and secondary research.

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The market size estimation also considered leading players revenues as part of triangulation the key players considered are Imperva, Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, DenyAll, Ergon Informatik, F5 Networks, Fortinet, Penta Security Systems, Radware, Trustwave and NSFOCUS Availability Services among others operating in the Web Application Firewall market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

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