Global Web Application Firewall Market 2017-2021
About Web Application Firewall
A WAF is an application security that is deployed between a web client and a web server. WAF performs a deep inspection of every request and response in every form of web traffic. WAF helps detect and deflect threats in HTTP and HTTPS traffic, provides alerts, and blocks attack traffic near its source before it reaches the customer origin. WAF can be deployed at the edge of the network rather than in a data center and helps to identify and mitigate suspicious traffic without affecting the performance of the origin server.
Technavio’s analysts forecast the global web application firewall market to grow at a CAGR of 18.58% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global web application firewall market for 2017-2021. To calculate the market size, the report considers revenue generated from the sale of WAF solutions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Web Application Firewall Market 2017-2021
Technavio recognizes the following companies as the key players in the global web application firewall market: Akamai Technologies, Barracuda Networks, Citrix Systems, F5 Networks, and Imperva.
Other Prominent Vendors in the market are: A10 Networks, Anchiva Systems, Applicure Technologies, Bee Ware, Cloudflare, DBAPPSecurity, DenyAll, Fortinet, IBM, Juniper Networks, NSFOCUS, Penta Security Systems, Positive Technologies, Qualys, Radware, Sangfor Technologies, Sophos, Trustwave, United Security Providers, and Venustech.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in the number of DDoS attacks. Hackers are increasingly focusing on attacking network layers instead of application layers. Denial-of-service is one of most common techniques used to steal confidential information of the companies.”
According to the report, one driver in the market is growing dependence on the Internet. In 2020, the number of Internet users will increase by two folds and reach approximately 5.1 billion. The increased use of mobile devices such as laptops, smartphones, and tablets has led to increased Internet penetration. The Internet plays a significant role in the lives of the people because they are increasingly using it to stay connected as well as for everyday chores.
Further, the report states that one challenge in the market is high cost of deployment. The high cost of deploying WAF is one of the major challenges in the global WAF market. The price of WAF includes the cost of software licensing, implementation, training, system designing and customization, and maintenance. After purchasing the software license, organizations also need to hire IT staff for the proper implementation of the software.
Akamai Technologies, Barracuda Networks, Citrix Systems, F5 Networks, and Imperva.Other Prominent Vendors in the market are: A10 Networks, Anchiva Systems, Applicure Technologies, Bee Ware, Cloudflare, DBAPPSecurity, DenyAll, Fortinet, IBM, Juniper Networks, NSFOCUS, Penta Security Systems, Positive Technologies, Qualys, Radware, Sangfor Technologies, Sophos, Trustwave, United Security Providers, and Venustech.