Web Application Firewall Market Global Forecast Report by Component (Solution, Services), Organization Type (Large Enterprises, Small and Medium Enterprises), Deployment Mode (On-Premise, Cloud), Industry Vertical (Retail, BFSI, Manufacturing, Government, IT & Telecommunication, Healthcare, Energy & Utilities, Others), Countries and Company Analysis 2025-2033

The market for web application firewalls (WAFs) is expanding as a result of rising cyberthreats, such as DDoS assaults, data breaches, and application vulnerabilities. The need for increased security is being driven by the growing use of digital services, e-commerce platforms, and cloud-based apps. Demands for regulatory compliance, such GDPR and PCI-DSS, are also fueling industry expansion. Furthermore, the requirement for real-time protection, the trend toward remote work, and the increased awareness of cybersecurity threats are all driving the global usage of WAF solutions.

Driving Forces of Web Application Firewall Market

An increasing number of cyberattacks

The industry is expanding mainly due to growing worries about cyberthreats and data privacy. Furthermore, the growing number of data breaches is increasing the demand for software and solutions that support advanced data privacy. Over 353 million people were affected by data breaches in 2023 alone, according to a Forbes analysis. To combat this, governments around the world are enacting laws and implementing measures pertaining to cyber security in an effort to lower the frequency of data breaches.

Additionally, due to the introduction of legislation such as the General Data Protection Regulation (GDPR) and California's Consumer Privacy Act (CCPA), organizations are also required to have robust data management practices in place. For instance, in 2023, businesses such as Meta, TikTok, and X (formerly Twitter) lost almost US$ 3 billion due to GDPR violations. As a result, more and more companies are integrating web application firewall (WAF) solutions into their operations to ensure regulatory compliance, establish data governance frameworks, and implement data privacy measures. Government and corporate requirements that mandate the deployment of a web application firewall (WAF) solution are also driving the market share of WAFs. PCI-DSS is a well-known and significant standard that promotes the use of WAF.

Cloud-based WAF solutions' emergence

Software packages that offer the best protection against vulnerabilities like ransomware, phishing, malware, and emerging cyberthreats are accessible as cloud-based WAF solutions. Additionally, they protect the network (VPN) even when users are not using it. Additionally, the market forecast for web application firewalls is being positively impacted by the growing need for affordable data management solutions, such as cloud-based data management, which does away with the requirement for on-premises infrastructure. About 80% of North American firms, for example, are putting cloud strategies into practice to modernize the technological stack and integrate intelligence into business applications, according to the Cloud Security Alliance.

As a result, a number of industry participants are spending more money on cloud-based WAF solution research and development in order to provide businesses and people with robust security services. For example, SecureIQLab, a leading cloud validation provider, launched its third iteration of Web Application Firewall (WAF 3.0) testing in June 2023. It is anticipated that the first-ever API security test cases will be included in this version. The ability of industry-leading security solutions to endure a complex cyber attack scenario will be assessed by WAF 3.0. For vendors to assess their security resilience, operational effectiveness, and return on security investment (ROSI), no other testing organization has conducted testing on WAF with the same scope, depth, and transparency. These kinds of innovations are anticipated to drive the web application firewall market's recent price increase in the years to come.

Growing Use of Hybrid Work Structures

The market demand for web application firewalls has benefited from the increase in remote work scenarios following the COVID-19 pandemic. Companies now have more difficult obstacles to overcome as a result of the growing work-from-home trend. 48% of workers choose to work remotely permanently, while 44% prefer a hybrid working paradigm, according to the Remote Work and Compensation Pulse Survey, conducted in February 2024. Furthermore, only 5% of companies plan to provide a totally permanent option, whilst 51% of companies support the hybrid work paradigm. Consequently, a lot of businesses focused their security efforts on protecting work-from-home systems' endpoints.

Additionally, the requirement for a dependable web application firewall is growing as company security teams want additional resources to handle various online application security issues. As a result, several major industry participants are launching WAF with enhanced features, which is expected to increase the market's revenue in the upcoming years. For example, Akamai Technologies Inc. introduced its Prolexic Network Cloud Firewall in April 2023. The new Akamai Prolexic feature gives businesses and clients more flexibility in securing their network edge by enabling them to define and manage their access control lists (ACLs). Akamai's cloud-based DDoS protection platform prevents attacks before they reach internet-facing infrastructure, data centers, and applications.

Web Application Firewall Market Overview by Regions

North America leads the web application firewall industry due to its strict regulations and high level of cybersecurity awareness. GDPR and data protection regulations are followed across Europe. Digital transformation leads to growth in Asia-Pacific. Amidst growing cyber dangers, WAF use has expanded in Latin America and the Middle East and Africa. The following provides a market overview by region:

United States Web Application Firewall Market

Due to a high demand for cybersecurity solutions brought on by an increase in cyberattacks, data breaches, and regulatory compliance requirements, the United States leads the web application firewall (WAF) market. Because cloud computing, digital transformation, and e-commerce are being used so quickly, businesses need strong security to safeguard critical data. WAF usage is further increased by the existence of significant cybersecurity and technology companies as well as government programs to improve national cybersecurity.

For instance, in April 2024, F5 unveiled new, industry-leading security products that improve security and make customer administration easier. F5 is continuing to lead the industry with the most complete and efficient AI-ready app and API security suite with the release of F5 Distributed Cloud Services Web Application Scanning, BIG-IP Next Web Application Firewall (WAF), and NGINX App Protect for open-source deployments. Web application protection is also required due to stringent laws like the CCPA and PCI-DSS. As businesses place a higher priority on security in their digital infrastructures, the U.S. market keeps expanding.

India Web Application Firewall Market

The broadening frequency of cyberattacks and data breaches, as well as the growing demand for cybersecurity across a range of industries, including banking, e-commerce, and government, are driving the web application firewall (WAF) market in India. Businesses need sophisticated web application security due to the quick digital revolution and growing use of cloud services. WAF demand is also influenced by regulatory concerns, such as the requirement to adhere to data privacy rules. WAFs are crucial for protecting vital assets, and the industry is further supported by the growth of digital infrastructure, mobile applications, and online transactions.

Additionally, In India, 82% of respondents said they had seen at least a 2X rise in security events, while 72% said they had seen more than treble the number of breaches, according to a Fortinet poll. Phishing, denial of service, identity/data theft, ransomware, and data loss are the most common security problems. Sadly, only 49% of Asian firms have a dedicated security staff, making them more susceptible to security breaches and mishaps. Consequently, there is a growing demand for security and data privacy solutions such as WAF.

United Kingdom Web Application Firewall Market

The growing frequency of cyberattacks, including DDoS attacks and data breaches, that target companies in sectors like healthcare, retail, and finance is driving the growth of the web application firewall (WAF) industry in the UK. Strong online application security is necessary to guarantee compliance with strict regulatory frameworks, such as the GDPR and the UK's Data Protection Act. The market is growing as a result of increased e-commerce, cloud use, and digital transformation projects. The need for sophisticated WAF solutions in the UK is growing as a result of enterprises' increased emphasis on safeguarding confidential information and preserving business continuity.

Saudi Arabia Web Application Firewall Market

Saudi Arabia's web application firewall (WAF) market is expanding quickly as a result of rising cyberthreats, such as DDoS assaults and data breaches. Strong cybersecurity solutions are becoming more and more necessary as the nation speeds up its digital transformation under programs like Vision 2030 in order to safeguard vital infrastructure and e-commerce platforms. Market expansion is also influenced by regulatory restrictions and the requirement to adhere to data protection requirements. The popularity of WAF solutions in Saudi Arabia to protect web applications is also fueled by the extension of cloud services and the rise in online transactions.

Component- Industry is divided into 2 viewpoints:

1. Solution
2. Services

Organization Type- Industry is divided into 2 viewpoints:

1. Large Enterprises
2. Small and Medium Enterprises

Deployment Mode- Industry is divided into 2 viewpoints:

1. On-Premise
2. Cloud

Industry Vertical- Industry is divided into 8 viewpoints:

1. Retail
2. BFSI
3. Manufacturing
4. Government
5. IT & Telecommunication
6. Healthcare
7. Energy & Utilities
8. Others

Countries- Industry is divided into 25 viewpoints:

North America

• United States
• Canada

Europe

• France
• Germany
• Italy
• Spain
• United Kingdom
• Belgium
• Netherlands
• Turkey

Asia Pacific

• China
• Japan
• India
• South Korea
• Thailand
• Malaysia
• Indonesia
• Australia
• New Zealand

Latin America

• Brazil    
• Mexico
• Argentina

Middle East & Africa

• Saudi Arabia
• United Arab Emirates
• South Africa

All companies have been covered with 4 Viewpoints

1. Overview
2. Key Persons
3. Recent Development & Strategies
4. Financial Insights

Company Analysis

1. Akamai Technologies, Inc.
2. Cloudflare Inc
3. Qualys Inc
4. F5 Inc
5. Fortinet Inc
6. Radware Ltd
7. NSFOCUS Technologies Group Co Ltd
8. Microsoft Corporation

Report Details: