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Web Application Firewall Market Trends and Forecast
 
The future of the web application firewall market looks promising with opportunities in the banking, financial services and insurance, retail, IT and telecommunications, government, defense, healthcare, energy and utilities, and education markets. The global web application firewall market is expected to grow with a CAGR of 17% to 19% from 2023 to 2028. The major drivers for this market are increasing cases of web attacks, augmented market for cloud-based solutions, and growing number of connected devices.
Web Application Firewall Market by Deployment Model, Organisation Size, Component, and End Use Industry
Emerging Trends in the Web Application Firewall Market
Emerging trends, which have a direct impact on the dynamics of the industry, include rapid digitalization and introduction of ML/AI-powered WAFs.
A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global web application firewall market report, please download the report brochure.
Web Application Firewall Market by Segments
Web Application Firewall Market by Segment
The study includes a forecast for the global web application firewall market by deployment model, organisation size, component, end use industry, and region, as follows:
 
Web Application Firewall Market by Deployment Model [Value ($B) Shipment Analysis from 2017 to 2028]:
  • On-Premise
  • Cloud
Web Application Firewall Market by Organisation Size [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Large Enterprises
  • SMEs
Web Application Firewall Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Solution
  • Service
Web Application Firewall Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
  • Banking, Financial Services and Insurance
  • Retail
  • IT and Telecommunications
  • Government
  • Defense
  • Healthcare
  • Energy and Utilities
  • Education
  • Others
Web Application Firewall Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Web Application Firewall Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies web application firewall companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the web application firewall companies profiled in this report include. 
Web Application Firewall Market Insights
  • Lucintel forecasts that cloud will remain the larger segment over the forecast period due to the increased adoption of cloud computing technology and rising requirement for solutions like protecting and safeguarding the network without virtual private network by cloud.
  • Healthcare is expected to remain the largest segment by end use industry due to the rising prevention of unauthorized access to critical healthcare networks and increasing requirement to protect electronic patient records through Wi-Fi-enabled equipment.
  • North America will remain the largest region due to the rising adoption of advanced technology, government regulations regarding the data security, and presence of industry leaders in the region.
Features of the Web Application Firewall Market
  • Market Size Estimates: Web application firewall market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Web application firewall market size by various segments, such as by deployment model, organisation size, component, end use industry, and region
  • Regional Analysis: Web application firewall market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by deployment model, organisation size, component, end use industry, and regions for the web application firewall market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the Web application firewall market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the Web application firewall market size?
Answer: The global Web application firewall market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for Web application firewall market?
Answer: The global web application firewall market is expected to grow with a CAGR of 17% to 19% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the Web application firewall market?
Answer: The major drivers for this market are increasing cases of web attacks, augmented market for cloud-based solutions, and growing number of connected devices.
Q4. What are the major segments for Web application firewall market?
Answer: The future of the web application firewall market looks promising with opportunities in the banking, financial services and insurance, retail, IT and telecommunications, government, defense, healthcare, energy and utilities, and education markets.
Q5. What are the emerging trends in Web application firewall market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include rapid digitalization and introduction of ML/AI-powered WAFs.
Q6. Who are the key Web application firewall companies?
Answer: Some of the key Web application firewall companies are as follows:
  • Applicure Technologies
  • Qualys
  • Akamai Technologies
  • Barracuda Networks
  • Citrix Systems
  • F5 Networks
  • Imperva
Q7. Which Web application firewall segment will be the largest in future?
Answer: Lucintel forecasts that cloud will remain the larger segment over the forecast period due to the increased adoption of cloud computing technology and rising requirement for solutions like protecting and safeguarding the network without virtual private network by cloud.
Q8. In Web application firewall market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the rising adoption of advanced technology, government regulations regarding the data security, and presence of industry leaders in the region.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the web application firewall market by deployment model (on-premise and cloud), organisation size (large enterprises and SMEs), component (solution and service), end use industry (banking, financial services and insurance, retail, IT and telecommunications, government, defense, healthcare, energy and utilities, education, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9.  Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to web application firewall market or related to web application firewall companies, web application firewall market size, web application firewall market share, web application firewall analysis, write Lucintel analyst at email: helpdesk@lucintel.com  we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Web Application Firewall Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Web Application Firewall Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Web Application Firewall Market by Deployment Model
3.3.1: On-Premise 
3.3.2: Cloud
3.4: Global Web Application Firewall Market by Organisation Size
3.4.1: Large Enterprises
3.4.2: SMEs
3.5: Global Web Application Firewall Market by Component
3.5.1: Solution 
3.5.2: Service
3.6: Global Web Application Firewall Market by End Use Industry
3.6.1: Banking, Financial Services and Insurance 
3.6.2: Retail
3.6.3: IT and Telecommunications
3.6.4: Government
3.6.5: Defense
3.6.6: Healthcare
3.6.7: Energy and Utilities
3.6.8: Education 
3.6.9: Others
 
4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Web Application Firewall Market by Region
4.2: North American Web Application Firewall Market
4.2.1: North American Web Application Firewall Market by Deployment Model: On-Premise and Cloud
4.2.2: North American Web Application Firewall Market by Component: Solution and Service
4.3: European Web Application Firewall Market
4.3.1: European Web Application Firewall Market by Deployment Model: On-Premise and Cloud
4.3.2: European Web Application Firewall Market by Component: Solution and Service
4.4: APAC Web Application Firewall Market 
4.4.1: APAC Web Application Firewall Market by Deployment Model: On-Premise and Cloud
4.4.2: APAC Web Application Firewall Market by Component: Solution and Service
4.5: ROW Web Application Firewall Market 
4.5.1: ROW Web Application Firewall Market by Deployment Model: On-Premise and Cloud
4.5.2: ROW Web Application Firewall Market by Component: Solution and Service
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Web Application Firewall Market by Deployment Model
6.1.2: Growth Opportunities for the Global Web Application Firewall Market by Organisation Size
6.1.3: Growth Opportunities for the Global Web Application Firewall Market by Component
6.1.4: Growth Opportunities for the Global Web Application Firewall Market by End Use Industry
6.1.5: Growth Opportunities for the Global Web Application Firewall Market by Region
6.2: Emerging Trends in the Global Web Application Firewall Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Web Application Firewall Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Web Application Firewall Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Applicure Technologies 
7.2: Qualys
7.3: Akamai Technologies
7.4: Barracuda Networks
7:5: Citrix Systems
7.6: F5 Networks 
7.7: Imperva
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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