Market definition :

A web application firewall (WAF) protects web applications from common vulnerabilities and exploits by providing centralized protection. The popularity of web applications has led to an increase in malicious attacks that exploit known vulnerabilities. Cross-website SQL injection and scripting is one of the most common attacks.

Market overview:

According to SDKI analysis, the market size of the web application firewall market is valued at approximately USD 31.23 billion in 2023. Also, the market is projected to reach approximately USD 11,243 billion by 2036, growing at a CAGR of approximately 7.5% during the forecast period. Our analysis finds that the market growth is driven by rapid growth in IoT adoption and technology penetration. By 2021, there will be more than 15 billion connected Internet of Things devices.

However, a factor influencing the growth of the web application firewall market share is the high implementation cost of appliance-based WAFs.

Detailed market research report links are available at:

https://www.sdki.jp/reports/web-application-firewall-market/108848

the latest news

Our analysts also note the recent developments of the key players in the growth of the Web Application Firewall market. these are:

• In December 2020: Cyber ​​Security Cloud, Inc. announced the availability of WafCharm on Microsoft Azure. This release provides Azure users with automatic manipulation of their Web Application Firewall (WAF) rules.
• June 2023: SecureQlab LLC announced the launch of the third version of its Web Application Firewall (WAF 3.0) testing, including the first API security test case.

WEB Application Firewall Market Segment

According to our WEB Application Firewall market analysis, it is segmented into large enterprises, small and medium enterprises based on organizational size. Among these, the large enterprise segment is expected to grow during the forecast period. With increasing focus on secure access to network hardware, WAFs are finding applications in enterprises of all sizes. Spending on network safety equipment accounted for more than US$20 billion by 2022, and security spending for infrastructure protection amounted to US$27.5 billion.

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https://www.sdki.jp/sample-request-108848

Regional Overview of WEB Application Firewall Market

The market share of web application firewalls in Asia Pacific is expected to grow during the forecast period. Increasing business complexity, growing consumer awareness of the benefits of WAF, and increasing online usage will make it even more difficult for small and medium-sized businesses across the region to rely on better WAF services and solutions. is expected. His web application firewall solutions market in Asia Pacific in 2020 witnessed a healthy growth of 25% over the previous year.

Additionally, the market in the Japan region is expected to expand due to increased demand in the domestic communications field. The Telecommunications segment's fiscal year 2020 sales were approximately USD 18 billion, with the majority coming from cellular communications, which accounted for more than 55% of sales.

Key players in the web application firewall market

The key players in the web application firewall market are:

• Akamai Technologies Inc.
• Barracuda Networks Inc.
• Cloudflare Inc.
• Citrix Systems Inc.
• Qualys® Inc.

Here are the top 5 players in the Japanese market:

• F5 Inc.
• Ergon Informatik AG
• Imperva, Inc.
• Sophos Ltd.
• Wallarm Inc.

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