Web application firewalls can either be a network-based or host-based service. It is typically arranged through a proxy and placed in front of one or more web applications. In real-time or near-real time, web application firewall monitors traffic before the web application, analyzing all requests using a rule. Web application firewalls are a common security device used against zero-day exploits, impersonation and known vulnerabilities and attackers. Web application firewall solutions are essential to protect organizations from potential cyber threats.
Increasing need for information security in today’s internet world is expected to become a key driver for the global web application firewall market. In addition, growing dependency on the internet by various industry verticals, and security concerns and cyber theft are major factors contributing togrowthof the global web application firewall market . Companies are investing heavilyon either deploying web application firewall on-premise or on cloud in order to keep track of the data that is being shared inter-organizations.
HOWEVER, high cost of deployment is a major factor restraining growthof the global web application firewall market. Additionally, limited executive awareness about web application firewall is also a major factor hamperinggrowth firewall market.
The global web application firewall market has been segmented on the basis of deployment model, end user, and region. On the basis of deployment type, the global web application firewall market is segmented into cloud-based web applicationfirewall,and on-premise web application firewall. on the basis ofend userinto, e-commerce, BFSI, and government. On the basis of region, into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America is a dominant player in the global web application firewall market and accounts for largest market sharein terms of revenue as compared to that in other regions. This is attributed tostrong presence of major players in the region as Akamai Technologies, Citrix Systems, Inc., and Fortinet, Inc. Europe accounts for the second largest revenue share Middle East & Africa respectively.
Key players in the web application firewalls market include Dell SonicWall, Amazon Web Services, Qualys, Inc., ModSecurity, Citrix Systems, Inc., Akamai Technologies, Inc., Cloudflare, Inc., Imperva, Inc., F5 Networks, Inc. and Barracuda Networks, Inc.