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Web Application Firewall Market worth USD 8.36 Billion by 2024

by Autumn Mount (2020-07-06)

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Web Application Firewall Market: Industry Analysis and Forecast (2017-2024) _ by Component, Professional Services, Organization Size, Vertical and Geography (North America, Europe, tour thái lan giá rẻ Asia Pacific, Middle East & Africa and Latin America)

Web Application Firewall Market is expected to grow from USD 284.5 Billion in 2016 to USD 1584.1 Billion by 2024, at a CAGR of 27.8% between 2017 and 2024.

Report includes assessment of definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the software, service, tour du lịch thái lan deployment type, organization size, end-users and geography to assist in strategic business planning.

The key driving factor for this market include the growing incidents of cyber-attacks, technological advancements in next-generation wireless network systems, and rapid growth in the adoption rate of cloud storage & cloud computing are driving this market.

Server sub-segment is expected to hold a major chunk of the during the forecast period:

The server sub-segment is anticipated to hold the largest market share over the forecast period, and anticipated to dominate the segment over the forecast period this is majorly due to servers are mainly used for data encryption and help maintain data secrecy.

Moreover, they provide high-quality encryption, key generation, and distribution.

APAC is expected to hold a major chunk of the market during the forecast period:

The swift growth of the market in the APAC region is anticipated to dominate the market over the forecast period majorly due to the factors such as, the region is expected to grow at the highest CAGR during the forecast period in the quantum cryptography market.

Moreover, major factors such as increasing internet usage, compliance regulation, and mobile usage are driving the adoption of quantum cryptography solutions.

The scope of the Report:

Web Application Firewall Market, by Service Type: Penetration testing, Risk management strategy, Vulnerability management, Incident response, Security program development, Compliance management, Chief Information Security Officer (CISO) advisory and support

Web Application Firewall Market, by Organization Size: Small & Medium Enterprises, Large Enterprises

Web Application Firewall Market, by Vertical: Banking,

Financial Services, and Insurance (BFSI), Government and public sector, IT and telecommunication, Healthcare, Manufacturing, Energy and power, Others

Web Application Firewall Market, by Geography: North America, Europe, Asia Pacific, Middle East & Africa and Latin America

The major key players that influence the growth includes:

  • Nucrypt
  • Magiq Technologies
  • Qutools
  • Quintessencelebs
  • Id Quantique
  • Crypta Labs
  • PQ Solutions
  • Crypta Labs
  • Infineon
  • PQ Solutions
  • Qutools
  • Ust Global

This Information Submitted By Market Research Company (Maximize Market Research PVT.LTD)

This Information Submitted By (Maximize Market Research PVT.LTD) Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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