The latest market intelligence report, titled ‘Global Web Application Firewall market drivers and restraints Market’, is intended to provide the target audience with the necessary information about the global Web Application Firewall market drivers and restraints industry. The report comprises a detailed analysis of the vital elements of the Web Application Firewall market drivers and restraints market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report.
The global Web Application Firewall market size was USD 4.95 Billion in 2021 and is expected to register a revenue CAGR of 17.5% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of web application firewall for secure website browsing is a major factor driving market revenue growth. Globally, a large number of internet users using several web applications for e-commerce, banking, content watching, sharing, and providing end to end security of data acquisition is a major challenge. Many third-party advertisements are scraping user data and making pattern to show recommended products or services. These data can be stolen and hacked from third party application servers. Large number of enterprise as well as individual users are using web application firewall protection to safeguard their privacy. Cyber security and information technology professionals are highly recommending web application firewall, which is positively driving growth of the market. According to a leading data security company, WannaCry ransomware attack hit around 230,000 computers globally. WannaCry ransomware assault has a significant financial impact around the world, which is accounted for around USD 4 billion loses. These instances are accelerating awareness of enterprise users, which in turn, is driving growth of the market. However, deployment cost is a major restraining factor of the web application firewall market. In addition, web application firewall deployment impacts direct costs of an organization owing to mitigate issues, repair, cleanse infected systems, loss of income due to system loss or degradation, and other expenses, as well as skilled resources are required to manage activities of the deployments.
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The Global Web Application Firewall Report is a panoramic study of the overall Web Application Firewall Market share published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Web Application Firewall market. The report provides a detailed analysis of the key factors of the Web Application Firewall market that are expected to have a positive impact on the growth of the Web Application Firewall industry.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Web Application Firewall Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Key companies operating in the Web Application Firewall market include:
Cloudflare, Inc., Oracle Corporation, Microsoft Corporation, Amazon Web Services, Inc., Fortinet, Inc., Lumen Technologies, Inc., Array Networks, Inc., Penta Security Systems Inc., Wallarm Inc., and Reblaze Technologies Ltd
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Web Application Firewall industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
Web Application Firewall Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2030)
Deployment Mode Outlook (Revenue, USD Billion; 2019-2030)
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
Small and Medium Enterprises
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
Rest of Latin America
Middle East & Africa
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