Web application firewall market size to grow by USD 6.89 billion from 2022 to 2027 | North America will account for 33% of the market growth - Technavio
NEW YORK, Nov. 12, 2023 /PRNewswire/ -- According to Technavio, the global web application firewall market size is estimated to grow by USD 6.89 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 18.76% during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 2,225.94 million. By geography, the global web application firewall market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global web application firewall market. North America will account for 33% of the market growth during the forecast period. Factors such as the increasing demand for cybersecurity solutions and the rising adoption of the BYOD policy are driving the growth of the web application firewall market in North America. For more Insights on market size Request a sample report
Web application firewall market - Five Forces
Web application firewall market – Customer Landscape
The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Web application firewall market - Segmentation Assessment
Web application firewall market – Market Dynamics
Key factor driving market growth
Leading trends influencing the market
Major challenges hindering market growth
What are the key data covered in this web application firewall market report?
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Table of contents:
1 Executive Summary
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