Web Application Firewall Market Worth 5.48 Billion USD by 2022

According to a new market research report Web Application Firewall Market by Solution (Hardware Appliances, Virtual Appliances, Cloud-Based), Service (Professional and Managed), Organization Size (SMEs and Large Enterprises), Industry Vertical, and Region – Global Forecast to 2022, published by MarketsandMarkets™, the WAF Market size is expected to grow from USD 2.37 Billion in 2017 to USD 5.48 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period.

Browse 68 Market Data Tables and 37 Figures spread through 150 Pages and in-depth TOC on Web Application Firewall Market

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The Small and Medium-sized Enterprises (SMEs) segment is expected to be the fastest-growing organization size in the WAF Market during the forecast period.

The WAF Market for the SMEs segment is expected to grow at a higher CAGR, owing to the increasing incidences of cyber-attacks on these enterprises and the deployment of advanced security solutions after elimination of the traditional ones. SMEs are small in terms of their size, but they cater to large numbers of customers globally. Robust and comprehensive security solutions are not implemented in SMEs due to financial constraints. Weak cybersecurity and budget constraints make SMEs more susceptible to advanced cyber-attacks, such as ransomware, botnets, and zero-day attacks.

The hardware appliances segment is expected to hold the largest market share in the WAF Market during the forecast period.

Physical WAF solutions are configured on the local network to protect against threats at the periphery of the network. These WAF solutions are easy to install and are suitable for high volume sites, which require high throughput. They work as a remote network component, and hence, can be managed better. They can be easily moved and reconfigured with minimal interference in the network infrastructure. The physical WAF solutions vary depending on the network infrastructure of the enterprise. The physical WAF solutions map the virtual cloud resources to physical ones and control the flow of data to and from the networks.

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North America is expected to have the largest market share in the WAF Market during the forecast period.

North America is expected to hold the largest market share and dominate the Web Application Firewall Market during the forecast period. The region has the presence of major sustainable and well-established economies that invest substantially in Research and Development (R&D) activities, thereby contributing to the development of new security technologies. The region comprises countries, such as the US and Canada, which are witnessing phenomenal adoption of WAF solutions. The primary reasons behind this movement is the growing IoT trend, and increasing internal and external threats, due to which enterprises are adopting the WAF solutions.

There are several established players in the WAF Market, such as Imperva, Akamai, Barracuda, Citrix, Cloudflare, DenyAll, Ergon Informatik, F5 Networks, Fortinet, Penta Security Systems, Radware, Trustwave, Sophos, Positive Technologies, StackPath, Zenedge, NSFOCUS, and Qualys.

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Government Cyber Security Market in the US 2017-2021: Key Vendors are BAE Systems, General Dynamics, Lockheed Martin, Northrop Grumman & Raytheon

The “Government Cyber Security Market in the US 2017-2021” report has been added to Research and Markets’ offering.

 The report forecasts the government cyber security market in the US to grow at a CAGR of 7.99% during the period 2017-2021.

The report, Government Cyber Security Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the implementation of BYOD policy. The BYOD policy allows employees of an organization to use their personal devices, such as smartphones, laptops, tablets, and desktops, for official purposes, which will allow them to work without any constraints of time or location. BYOD policy increases the productivity by managing employees travel time and reducing the organization’s operational costs such as repair and maintenance cost for workstations.

According to the report, one of the major drivers for this market is the increasing frequency and complexity of cyber-attacks. There is an urgent need to improve the quality of protection offered to critical digital information due to the increasing frequency and complexity of cyber-attacks. The growing complexity of applications used by companies in their day-to-day business processes has also accentuated the number of false positives and negatives in the process of screening potential threats. Insufficient IT expertise of administrators further complicates this issue.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of deployment. The cost of a cybersecurity solution includes the cost of software licensing, implementation, system designing and customization, training, as well as maintenance. Organizations have to recruit staff for implementation of the software after its purchase. Further, they have to train their employees on how to use the application efficiently.

Key vendors

  • BAE Systems
  • General Dynamics
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon

Other prominent vendors

  • Boeing
  • Booz Allen Hamilton
  • DXC Technology
  • Dell EMC

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product

Part 07: Market Segmentation By End-User

Part 08: Market Segmentation By Deployment

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Five Force Analysis

Part 13: Vendor Landscape

Part 14: Key Vendors

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/4xqmwl/government_cyber

Zenedge Announces New Global Partner Program to Enhance Market Opportunities and Drive Channel Growth

Zenedge, a leading global provider of cloud-based, artificial intelligence-driven cybersecurity solutions, today announced the launch of a new multi-tiered global partner framework aimed at empowering its partners to promote, market, sell, and support the Zenedge Cybersecurity Suite to their end customers. Strategic partners can grow their business by offering Zenedge’s industry tested and approved managed cybersecurity service which includes cloud-based bot managementWAFAPI securityDDoS mitigation and malware protection.

 Zenedge partners, including CDNs, ISPs, hosting companies and ISVs, gain access to a fully branded partner portal, either co-branded or white-labeled, and comprehensive on-boarding and training. Flexible support options guarantee around-the-clock assistance and a straightforward deal registration program ensures a seamless process. Zenedge partners also have access to market development funds, and global pre and post-sales support.

“Zenedge has the unique ability to empower global partners to offer a cloud-based, managed cybersecurity service that requires no capital investment to protect a website, applications and network,” said Allan Thompson, chief revenue officer, Zenedge. “With the growing size and frequency of attacks, ensuring adequate cybersecurity is about more than implementing a set it and forget it solution. It now requires a technology solution provider who is operating 24/7/365 on your behalf to mitigate your risks from attackers. Our global expansion with partners will ensure a mutually successful relationship.”

There are three relationship tiers available to potential partners, all of which include cost-effective pricing and rich margins.

Zenedge already partners with leading organizations across multiple industries, including tier 1 CDN providers, Big 4 consulting firms, ISPs, hosting providers, and ISVs.

For more information about the Zenedge Global Partner Program, contact Zenedge via the website.

 

Automotive Cyber Security Market to Perceive Thriving Accruals of USD 32 Million By 2023 At 9% of CAGR

Market Research Future published a half-cooked research report on “Global Automotive Cyber Security Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022

 Argus Cyber Security (Israel), Harman International Industries, Inc. (U.S.), Karamba Security (Israel), Intel Corporation (U.S.), Cisco Systems Inc. (U.S.), NNG Software Developing And Commercial Llc. (Hungary), Intel Corporation (U.S.), NXP Semiconductors N.V. (Netherlands), Escrypt Embedded Systems (Germany), and Secunet AG (Germany) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Automotive Cyber Security Market.

Automotive Cyber Security Market – Overview

The Global Automotive Cyber Security Market is growing at the rapid pace; mainly due to the augmented advent technological advancement that suffice the increased demand for in vehicle Cyber security systems. According to a recent study report published by the Market Research Future, The global market of Automotive Cyber Security is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023). The Automotive Cyber Security Market is expected to accrual approximately USD 32 Million by 2023, at 9% of CAGR between 2017 and 2023.

Over the next decade or two, Cyber security is going to be one of the paramount concerns the auto industry will face as more vehicles with telematics and embedded modems make connected cars an attractive target to cyber criminals and terrorists. Cyber Security, as a technology is gaining a huge traction in the automotive industry as connected cars grow. It is a crucial factor for self-driving and driverless cars. The global market of Automotive Cyber Security is majorly driven by the augmented adoption of telematics services in the vehicles. Additionally, increasing demand for Automotive Cyber Security systems attributed to the increasing threats of cyber-attacks in the automotive and transportation systems; is fostering the market growth of Cyber Security market. Moreover the heavy investments transpired in to the R&D sector in the field of connected vehicles and autonomous vehicles; is providing impetus to the market growth up to a large extent.

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Automotive Cyber Security Market – Competitive Analysis

Over the next decade or two, Cyber security is going to be one of the paramount concerns the auto industry will face as more vehicles with telematics and embedded modems make connected cars an attractive target to cyber criminals and terrorists. Vehicles are now more vulnerable to cyber-attacks through the many wireless and wired connections. Hackers are getting experts of committing cyber-attacks more easily and cost-effectively. OEMs and suppliers consider these threats as prime concern, with increased interest in developing and implementing cyber security solutions to address vulnerabilities and system design changes needed to accommodate them.  There are many software approaches to cyber security in the car.

Vendors are offering solutions that will improve security to wireless interfaces in a vehicle, like telematics control units (TCU’s), and are also designing solutions that isolate safety-critical systems from non-critical systems through the use of automotive network firewalls. These future systems will likely have the capability to isolate critical safety systems such as propulsion, braking and steering from security systems that may handle personal or financial data. These solutions will include auto-grade Ethernet and domain isolation.

Automotive Cyber Security Market – Segmentation

The Automotive Cyber Security Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Security Type: Comprises Cloud Security, Endpoint Security, Network Security, Wireless Security, Application Security, and other.

Segmentation By Vehicle Type: Comprises Passenger Cars, Commercial Vehicles and other.

Segmentation By Application: Comprises Communication Channels, Safety Systems, Telematics, On Board Diagnostic (OBD), Infotainment, Powertrain and other.

Segmentation By Regions: Comprises Geographical regions – North AmericaEurope, APAC and Rest of the World.

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Automotive Cyber Security Market – Regional Analysis

The regional analysis of automotive Cyber Security market is studied for region such as Asia pacific, North AmericaEurope and Rest of the World. The North America is one of the leading region in the automotive Cyber Security market due to numerous cross industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living, while driving. Asia-Pacific region is one of the prominent player in automotive Cyber Security market owing to a large enterprises and SMEs in the region are increasingly adopting cloud-based Cyber Security solutions.