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(Wireless-NewsWire.Com, October 25, 2018 ) The Global Web Application Firewall Market was valued at USD 2.21 billion in 2016 and is projected to reach USD 10.30 billion by 2025, growing at a CAGR of 18.65% from 2017 to 2025.
A WAF or web application firewall functions by monitoring, filtering and blocking traffic from an application. A regular firewall and the web application firewall are distinguished because a WAF has the ability to filter the information that is present on a web page and determine the content that poses a threat whereas the regular firewall act as a barrier between the servers and the safety gate. The advantages of a web application firewall include protection against automated temporary patches, zero-data exploits and prevents leakage of data.
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As technology advances and there is increasing involvement of the Internet of Things (IoT), the number of web applications and adoptions of machine learning and AI-powered WAPS increase. In accordance with this, the chances for the threat of cyber threat, vandalism, fraud as well as espionage grow. These factors drive the web application firewall market size to increase. Factors such as the competition with traditional firewall, lack of experienced workforce and the presence of integrated UTM solutions restrain the market for the web application firewall market from growing.
Competitive Landscape:
The major players in the market are as follows:
Nsfocus
Fortinet
Ergon Informatik
Akamai
F5 Networks
Trustwave
Denyall
Radware
Cloudflare
Penta Security Systems
Imperva
Barracuda
Citrix
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