Web application firewall market size to grow by USD 6.89 billion from 2022 to 2027 | The increasing adoption of the BYOD concept among enterprises is the key trend in the market. – Technavio

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Technavio predicts that the global market size for web application firewalls is expected to grow by USD 6.8 billion by 2022.A total of 89 billion dollars will be spent between 2022 and 2027. It is estimated that the market will grow at a CAGR of 18% over the next few years.During the forecast period, the market is expected to grow by 76%. The report includes historical market data from 2017 to 2021 as well as forecasts for the future. The market was valued at USD 2,225 million in 2017.The number of 94 millions. In the market, the key trend to watch is the increasing adoption of the Bring Your Own Device concept by enterprises. There are many companies that are adopting BYOD policies in order to provide their employees with convenience and ease. The adoption of the BYOD policy is increasing the risk of data loss due to the lack of security on mobile devices, which makes it easier for hackers to gain unauthorized access to corporate networks as a result of the adoption of this policy. It is expected that the demand for web application firewall solutions will increase during the forecast period due to many companies adopting BYOD policies. Request a sample report if you would like more insight into the market size
 Request a sample report if you would like more insight into the market size
An analysis of the five forces acting on the web application firewall market has been conducted. The global market for cloud data warehouses is fragmented, and the analysis covers the following aspects: 
Global market for web application firewalls - Five Forces Analysis The global market for cloud data warehouses is fragmented, and the five forces analysis covers the following issues: 
The market for web application firewalls - Customer Landscape 
As part of the report, the market's adoption lifecycle is explored, from the innovator stage to the laggard stage. The report also focuses on adoption rates in different regions based on penetration. This report also provides information on key purchase criteria as well as drivers of price sensitivity in order to assist companies in evaluating and defining their growth strategies.
Market segmentation and geographic assessment of the web application firewall market
It is based on the fact that Technavio has segmented the market based on its deployment (On-premise and Cloud), end-user (E-Commerce, BFSI, Government, and Others) and geography (North America, Europe, APAC, Middle East and Africa, and South America). 
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The market for web application firewalls - Market Dynamics
The key factor driving the growth of the market is
There are a number of major challenges hindering the growth of the market
Among the factors of the market dynamics that affect the consequences and sustainability of the businesses are drivers, trends, and challenges. Find out what insights you can get from a sample report!
Is there any key data covered in this report on the web application firewall market?
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Reports related to this topic include:
This is the table of contents for the book:
Among the following points are the following: Executive Summary2 Market Landscape3 Market Size4 Historic Market Size5 Five Forces Analysis6 Market Segmentation by Deployment7 Market Segmentation by End-user8 Customer Landscape9 Geographic Landscape10 Drivers, Challenges and Trends11 Company Landscape12 Company Analysis13 Appendix
US Technavio is one of the leading global technology research and advisory companies in the world. As part of their research and analysis, they focus on emerging market trends and provide businesses with actionable insights that can help them identify market opportunities and develop effective strategies to maximize their market positions.. A Technavio report library consisting of over 17,000 reports, covering 800 technologies across 50 countries, is one of the largest and most comprehensive libraries in the industry, with over 500 analysts.. There are over 100 Fortune 500 companies on their client list, including enterprises of every size, and they serve a broad range of industries. It is because of this growing client base that Technavio is able to provide comprehensive coverage, extensive research, and actionable market insights that help them identify opportunities in existing and potential markets, and analyze their competitive positions in changing market conditions.
It is because of this growing client base that Technavio is able to provide comprehensive coverage, extensive research, and actionable market insights that help them identify opportunities in existing and potential markets, and analyze their competitive positions in changing market conditions.
You can reach Technavio Research through Jesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
The source of this information is Technavio
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