DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Japan Web Application Firewall Solutions Market, Forecast to 2021" report to their offering.
The Japanese WAF market recorded a phenomenal growth rate of 30.0% on a YoY basis, generating revenue of $35.1 million in 2016.
The on-premise WAF solutions segment (includes stand-alone and Add-on/Software) remained the key revenue contributor in 2016, accounting for 68.5% of the overall market share. However, the cloud-based WAF segment recorded a robust YoY growth of 57.3% during the same period, which could be attributed to increasing demand from the SMB sector that was facing an increasing number of sophisticated attacks on Web applications. The service provider, BFSI, and e-Commerce verticals were the key revenue contributors in 2016, accounting for a relatively equal market share of 21.4%, 21.0% and 20.8%, respectively. Particularly, the service providers were seen to beef up their infrastructure to include WAF cloud-based services for their customers that were shifting from the CapEx to the OpEx model.
In addition to the market growth analysis, the study highlights the key driving forces for the WAF market. Key drivers include the increasing number of organizations shifting toward the Web front and the rising Internet penetration rate; the evolved threat landscape that results in greater concerns over data breaches; stricter requirements for industry compliances, and local regulations that drive organizations to invest more in measures for data protection and to avoid potential liability issues; and increasing migration from web application into the cloud observed from organizations.
Key Topics Covered:
1. Market Overview
2. Forecasts and Trends
3. Growth Opportunities and Call to Action
4. WAF Solutions Vendor Analysis
5. The Last Word
- Alibaba Cloud
- Barracuda Networks
- Citrix Systems
- DBApp Security
- F5 Networks
- JP Secure
- KEMP Technology
- Penta Security Systems
- Secure Sky Technologies
- Trinity Soft
- Venustech Zenedge
For more information about this report visit http://www.researchandmarkets.com/research/fwk3k9/japan_web
Research and Markets
Laura Wood, Senior Manager
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Related Topics: IT Security