Web Application Firewall Industry Statistics

In this post, we will explore the dynamic landscape of the web application firewall industry, backed by a comprehensive array of statistics and market insights. From market size projections to key players and emerging trends, this analysis aims to provide a solid foundation for understanding the current and future state of web application security.

Statistic 1

"As per Markets And Markets, the application firewall market size is expected to grow from USD 2.37 Billion in 2017 to USD 5.48 Billion by 2022."

Statistic 2

"The Compound Annual Growth Rate (CAGR) during this period is projected to be 18.3%."

Statistic 3

"The largest market share in the web application firewall industry belongs to the solutions segment."

Statistic 4

"According to Allied Market Research, the hardware segment is the highest contributor to the revenue among all the components."

Statistic 5

"The Asia Pacific region is expected to witness the highest growth rate in the web application firewall market."

Statistic 6

"The BFSI sector holds the largest market share in the web application firewall market."

Statistic 7

"According to MI report, Amazon Web Services, Barracuda Networks, Citrix Systems, & Radware are the leading players in the web application firewall market."

Statistic 8

"Cloud-based web application firewall is the fastest-growing deployment type."

Statistic 9

"According to Zion Market Research, the global demand for web application firewall market was valued at approximately USD 2.9 billion in 2018."

Statistic 10

"The global web application firewall market is expected to generate revenue of around USD 12.9 billion by the end of 2026."

Statistic 11

"According to MRFR, North America has the largest market share in the global web application firewall market."

Statistic 12

"Fortune Business Insights states that the global web application firewall market size was USD 2.57 billion in 2019."

Statistic 13

"According to a report by Grand View Research, Inc., global web application firewall market size is expected to reach USD 8.61 billion by 2025."

Statistic 14

"One research suggests that 34% of data breaches directly involved web applications."

Statistic 15

"SMEs held 60% market revenue share in the global web application firewall market in 2019."

Statistic 16

"The Software as a Service (SaaS) segment is expected to witness the highest growth rate during the forecast period."

Statistic 17

"Akamai Technologies, Imperva, F5 Networks, and Fortinet are amongst the key players in the web application firewall market."

Statistic 18

"By the end of 2024, the global web application firewall market is expected to reach a valuation of USD 1.4 Billion."

The web application firewall industry is experiencing significant growth, with the market size projected to more than double from 2017 to 2022, reaching USD 5.48 billion. The Compound Annual Growth Rate (CAGR) of 18.3% during this period indicates a strong upward trend. Key players like Amazon Web Services and Citrix Systems are leading the market, with cloud-based solutions showing the fastest growth rate. Regions like Asia Pacific and sectors like BFSI are poised for substantial expansion. As cybersecurity threats continue to rise, the demand for web application firewalls is expected to increase, with SMEs playing a significant role in driving market revenue.