WAF Market Size
                     Market Highlights 
The growing need for online security firewall that filters bad HTTP data packets between client and 
web application is impelling the adoption of web application firewall. Market Research Future 
(MRFR), identified that the rise in the need for firewall analysis across different sectors as the 
major cause for the web application firewall market growth. The report on the global market of web 
application firewall reveals that the market is expected to thrive at a CAGR of about 15% during the 
forecast period of 2016 to 2023. MRFR states that the Web Application Firewall market is poised to 
touch a valuation of nearly USD 5.5 billion by 2023. 
The web application firewall market size is expected to increase owing to the increase in 
application of Web Application Firewall across cash-rich sectors, such as automotive, BFSI, e-
commerce, and education. The ability of web application to detect and block malwares is 
encouraging companies to adopt best web application firewall solutions, which is expected to 
promote the growth of the Web Application Firewall market. The increase in the requirement for 
Web Application Firewall is surging their need for production. New entrants and the expansion of 
product portfolio of the existing developers are also observed to positively impact the web 
application firewall market. Web Application Firewall can detect and prevent SQL injection 
attacks, cross site scripting (XSS) attacks, session hijacking, and buffer overflows easily. This aids 
enterprises to safeguard their data from leakage and prevent potential attacks. This is expected to 
benefit the web application firewall market. 
Segmentation: 
The worldwide WAF market size is studied by security models, deployment, organization size, 
services, and end users.  
By deployment, the market is segmented into on cloud, on appliance, and on network. The cloud-
based web application firewall is expected to gain high traction due to the increase the adoption of 
advanced technologies to detect and resolve issues arising from phishing and malware. The 
increase in cases of cyberattacks is also encouraging the adoption of cloud-based deployment. In 
addition, benefits, such as cost-effectiveness, better usability, security protection options, and 
scalability of cloud-based technology are expected to impel the growth of the Web Application 
Firewall market. By services, the market is classified into managed services and professional 
services. By security models, the market is segmented into positive security model, negative 
security model, and hybrid security model. By end-user, the Web Application Firewall market is 
classified into banking, government, insurance, telecom, e -commerce, education, healthcare, and 
others. 
Regional Outlook 
The web application firewall market in North America is expected to secure the highest share of the 
global market due to the presence of a large number of security vendors. The growing cases of 
security breaches and the need for effective data security infrastructure in companies in the US are 
causes that are expected to propel the growth of the Web Application Firewall market in North 
America. The web application firewall market share in Asia Pacific is expected to increase 
exhibiting a high CAGR across the assessment years. The existence of untapped demands and rise in 
the need for effective security solutions are likely to boost the APAC web application firewall 
market. In Europe, the presence of numerous WEB APPLICATION FIREWALL providers are 
expected to impel the market.  
Key Players 
MRFR listed a few prominent key players that are operating in the web application firewall market. 
They are; Barracuda Networks, Inc. (U.S.), Akamai Technologies (U.S.), F5 Networks, Inc (U.S.), 
Citrix Systems, Inc. (U.S.), Applicure Technologies Ltd (Israel), Imperva Inc (U.S.), Fortinet, Inc. 
(U.S.), DBAPP Security Co., Ltd (China), Juniper Networks, Inc (U.S.), IBM Corporation (U.S.), NS 
Focus Information Technology Co Ltd (China), and others.