London, 10 September 2014 – TechNavio, a global tech-focused research firm has added a report on the Global Web Application Firewall (WAF) Market 2014-2018 to its growing research library.
Web application firewalls (WAF) are essential for the completion of critical business processes, as they block known vulnerabilities or attempts to exploit a system by shortening the window of exposure and thoroughly testing and deploying patches. The Global WAF Market is witnessing impressive growth, projecting a CAGR of 17.92 percent from 2013-2018.
The new TechNavio report highlights various drivers for market growth, including a rise in e-commerce that has increased the number of users sharing sensitive information online. The onus is on banks and other organizations to protect their customers from an increasing number of malicious attacks, and these organizations are investing in cyber security measures such as firewalls, leading to some impressive market growth.
Some of the key vendors who operating in the market include:
- Cisco Systems Inc.
- Citrix Systems Inc.
- F5 Networks Inc.
- Fortinet Inc.
- Imperva Inc.
- Juniper Networks Inc.
- Palo Alto Networks Inc.
According to TechNavio, emerging trends like higher security investments by end-users will help enterprises protect themselves from the severe consequences of data breaches, thus safeguarding their critical information.
“The use of web applications is likely to be more prevalent with the emergence and growing trend of virtualization, cloud computing and enterprise mobility. Therefore, the rise of web application usage will also increase the number of data breaches through the application layer of an open system interconnection, thus prompting higher adoption of web app firewalls,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
- Market segmentation, size and forecast through 2018
- Key Geographies and Customer Segments
- Market Growth Drivers
- Market Challenges
- Market Trends
- Key Buying Criteria
- Key Vendors
https://www.technavio.com/%3Cp%3ETechNavio%20currently%20has%20more%20tha…
