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Yahoo
9 hours ago
- Business
- Yahoo
North America Web Application Firewall Market Forecast Report 2025-2033, with Key Player Profiles for Akamai Technologies, Cloudflare, Qualys, F5, Fortinet, Radware, Microsoft & Barracuda Networks
As threats evolve, businesses across industries are investing heavily in WAF solutions to protect digital assets, ensure regulatory compliance, and maintain customer trust. Cloud-hosted WAF products offer scalability and easy deployment, spurring adoption. Key sectors include e-commerce, healthcare, and finance. Challenges persist in high implementation costs and integration with legacy systems. North American Web Application Firewall Market Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "North America Web Application Firewall Market Size and Growth Trends and Forecast Report 2025-2033" report has been added to North America Web Application Firewall (WAF) Market is expected to expand strongly, increasing from USD 2.13 billion in 2024 to USD 6.65 billion by 2033. The growth is driven by growing cybersecurity threats, an upsurge in web-based applications, and strict data protection laws. Companies across industries are spending big on WAF solutions to protect digital assets, provide regulatory compliance, and preserve customer trust. Growth Drivers in the Web Application Firewall Market in North America Increased Cybersecurity ThreatsIncreased levels and frequency of cyberattacks have hugely driven up the uptake of Web Application Firewalls (WAFs) in North America. Organizations are constantly threatened by ransomware, phishing, and DDoS attacks on their web applications. WAFs offer essential protection by blocking malicious traffic and guarding against data breaches. With an increasing number of businesses migrating more services online, protecting customer data and business data has become more pressing, and WAF adoption across industries has been growing widespread. May 2023, Global cybersecurity software and services company Fortra unveiled an upgraded Managed Web Application Firewall (WAF) service. Offered by Fortra's Alert Logic business, the solution integrates the sophisticated tools and security know-how organizations require to safeguard key web applications and APIs from attack.E-commerce and Digital Services GrowthThe proliferation of online retailing, digital banking, and telemedicine services has driven the demand for solid web application security. As companies expand their online platforms, so too does the attack surface, leaving them increasingly exposed. WAFs secure customer transactions and sensitive data, maintain business continuity and compliance, and support regulatory mandates. The growing need for safe and seamless online experiences is forcing North American businesses to spend generously on sophisticated WAF solutions. Feb 2025, Yottaa, a pioneer in eCommerce website performance optimization, introduced Yottaa Web Performance Services. This managed solution accelerates website performance, increases security, and reduces operational complexity for online retailers and brands. Leverage best-in-class technologies from Fastly, HUMAN Security, and Yottaa, it delivers a high-performance platform optimized for Data Protection RegulationsRegulations such as the California Consumer Privacy Act (CCPA) and vertical regulations such as HIPAA have imposed strict data protection requirements. Firms must protect personal and financial data or incur massive fines. WAFs are important components in compliance initiatives by protecting web applications from unauthorized access and security breaches. The regulatory landscape in North America is driving organizations in various industries - particularly healthcare, finance, and retail - to invest in WAF as a means of evading legal consequences. The California Privacy Rights Act (CPRA), enacted through ballot initiative in November 2020, is the most far-reaching state data privacy law to date. It modifies the California Consumer Privacy Act (CCPA) and became effective in January in the North America Web Application Firewall Market High Implementation and Maintenance CostsIt is costly to implement and manage WAF solutions, particularly in small and medium-sized enterprises (SMBs). The costs consist of software licenses, hardware appliances, professional IT personnel, and maintenance. Such costs might drive most organizations away from investing in high-quality WAF systems, especially when matching limited cybersecurity budgets. Moreover, regular updates and tuning must be done to ensure that WAFs remain effective, and this contributes to the overall cost of ownership and represents a serious market Integration with Legacy SystemsMost North American businesses have legacy IT infrastructure. It is complex and expensive to integrate newer WAF solutions with older systems. Integration can lead to compatibility problems, poor system performance, and rising operation risks. The complexity tends to hinder or slow down WAF deployment, particularly in traditional sectors such as manufacturing and government, and thus brakes the overall expansion of the WAF market across North States Web Application Firewall MarketThe United States leads the North America WAF market due to a widespread presence of healthcare organizations, financial institutions, and tech giants. High WAF adoption rates are being driven by stringent regulatory standards, increasing cybersecurity threats, and operational resilience demands. U.S. firms are making investments in both cloud and on-premises WAF products to protect their assets from sophisticated threats and also remain compliant with federal and state data protection legislation. March 2025, Akamai Technologies, Inc. has been identified as a Leader in The Forrester Wave: Web Application Firewall Solutions, Q1 2025 Web Application Firewall MarketCanada's WAF market is steadily developing, with momentum provided by measures to strengthen country-level cybersecurity capabilities and defend sensitive infrastructure. Enterprise adoption of digital services in Canada is growing fast, which ranks cybersecurity high as a concern. Banking, health, and the government are industries that lead in WAF consumption. Beyond defenses against data intrusions, Canada's WAFs enable entities to comply with privacy regulations such as PIPEDA. June 2024: Vercara is opening its first distributed denial-of-service (DDoS) and application security (AppSec) point of presence (PoP) in Toronto, Canada. The new PoP expands Vercara's international presence for its UltraDDoS Protect and UltraWAF solutions, providing Canadian customers with an in-country data processing and mitigation Web Application Firewall MarketMexico's WAF market is growing as companies go digital and face an increasing number of cyber attacks. Sectors like finance, retail, and manufacturing are prioritizing web application security to safeguard consumer information and business processes. While awareness of cybersecurity has increased, market issues persist in terms of cost and technical skills. Nevertheless, growing investments in IT security and government initiatives are driving WAF adoption in the country. Key Players Analysis Akamai Technologies, Inc. Cloudflare Inc. Qualys Inc. F5 Inc. Fortinet Inc. Radware Ltd. Microsoft Corporation Barracuda Networks, Inc. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $2.13 Billion Forecasted Market Value (USD) by 2033 $6.65 Billion Compound Annual Growth Rate 13.5% Regions Covered North America North America Web Application Firewall Market Segmentation Component Solution Services Organization Type Large Enterprises Small and Medium Enterprises Deployment Mode On-Premise Cloud Industry Vertical Retail BFSI Manufacturing Government IT & Telecommunication Healthcare Energy & Utilities Others Countries United States Canada Mexico Rest of North America The key players have been analyzed by: Overviews Key Persons Recent Developments Revenue For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Web Application Firewall Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Associated Press
04-04-2025
- Business
- Associated Press
Web Application Firewall Market Global Analysis Report 2025-2033 - Increase in IoT User Adoption and Technological Development to Support Market Expansion
The 'Web Application Firewall Market Global Forecast Report by Component, Organization Type, Deployment Mode, Industry Vertical, Countries and Company Analysis 2025-2033" report has been added to offering. The Global Web Application Firewall Market will reach US$ 20.44 Billion by 2033, up from US$ 6.19 Billion in 2024, with a CAGR of 14.19% between 2025 and 2033 The growing importance of online applications is the primary factor driving the global market expansion. The growing use of IoT and technological innovation are driving the popularity of WAF solutions. Stricter government laws controlling data security and cyber theft, together with an increase in fraud and cybercrime, are also expected to boost market growth. One major factor driving the WAF industry is the rise in cyberattacks, especially those that target web applications. Seventy percent of enterprise-related intrusions involved web applications, per Verizon's 2022 Data Breach Investigations Report. Additionally, the research reported that ransomware attacks had increased by 13% in the preceding year. Businesses are being forced to use robust security solutions, like WAFs, to protect their data and web apps due to the ever-evolving threat landscape. The WAF market is expanding globally, with distinct drivers in each region due to regional cybersecurity requirements, industrial demands, and regulatory pressures. In terms of market maturity, Asia-Pacific is growing at the fastest rate, driven by cybersecurity awareness and digital expansion, while North America and Europe dominate. As companies place a greater emphasis on web application security in response to growing cyber threats, Latin America and the Middle East are becoming significant markets. Driving Forces of Web Application Firewall Market Increase in IoT User Adoption and Technological Development to Support Market Expansion Many sectors are adopting technology like the Internet of Things (IoT) as the world grows more interconnected. Increased awareness and protection of networks and web applications are becoming more and more necessary. There are many devices that are linked to the internet, including printers, mobile devices, and televisions. In an effort to streamline operations, businesses are incorporating linked devices into their operations more and more. However, a number of cyberthreats and vulnerabilities accompany the growth of devices and related applications. The majority of IoT technology and development firms support and put into practice cutting-edge security solutions like WAFs, runtime application self-protection, and next-generation firewalls to combat these issues and protect corporate infrastructure. The market's rising need for WAFs is being driven by this increase in security requirements. Growing use of cloud computing As cloud computing gains popularity, the industry is growing. Businesses may safeguard their web apps at a reasonable cost with cloud-based WAF. The market is growing as a result of cloud-based technologies and social media's development. Many businesses embrace cloud computing because it provides cost-effective security solutions. With cloud computing, teams can work together at any time and from any place. Using additional infrastructure technologies, such software-defined perimeters, businesses may use the cloud to create a robust and highly secure platform. Thus, the increasing use of cloud computing solutions is a noteworthy trend in this sector. Regulatory Compliances The need for Web Application Firewalls (WAFs) is being driven by strict regulatory frameworks like the General Data Protection Regulation (GDPR), the Payment Card Industry Data Security Standard (PCI DSS), and the Health Insurance Portability and Accountability Act (HIPAA). These rules require companies to put strong security measures in place to guard against cyberattacks, data breaches, and illegal access to private client information. By filtering and monitoring incoming web traffic, spotting malicious activity, and stopping attacks like SQL injection, cross-site scripting, and DDoS attacks, WAFs offer vital security. WAFs are a crucial tool for companies looking to comply with these standards since non-compliance may lead to significant fines and harm to one's reputation. Businesses from a variety of industries are using WAFs more frequently as data privacy and security issues continue to grow in order to guarantee regulatory compliance and protect client data. Company Analysis: Overview, Key Persons, Recent Development & Strategies, Financial Insights Akamai Technologies, Inc. Cloudflare Inc Qualys Inc F5 Inc Fortinet Inc Radware Ltd NSFOCUS Technologies Group Co Ltd Microsoft Corporation Key Attributes: Report Attribute Details No. of Pages 110 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $6.19 Billion Forecasted Market Value (USD) by 2033 $20.44 Billion Compound Annual Growth Rate 14.2% Regions Covered Global Key Topics Covered: 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 4.1 Growth Drivers 4.2 Challenges 5. Web Application Firewall Market 6. Market Share Analysis 6.1 By Component 6.2 By Organization Type 6.3 By Deployment Mode 6.4 By Industry Vertical 6.5 By Countries 7. Component 7.1 Solution 7.2 Services 8. Organization Type 8.1 Large Enterprises 8.2 Small and Medium Enterprises 9. Deployment Mode 9.1 On-Premise 9.2 Cloud 10. Industry Vertical 10.1 Retail 10.2 BFSI 10.3 Manufacturing 10.4 Government 10.5 IT & Telecommunication 10.6 Healthcare 10.7 Energy & Utilities 10.8 Others 11. Countries 11.1 North America 11.1.1 United States 11.1.2 Canada 11.2 Europe 11.2.1 France 11.2.2 Germany 11.2.3 Italy 11.2.4 Spain 11.2.5 United Kingdom 11.2.6 Belgium 11.2.7 Netherlands 11.2.8 Turkey 11.3 Asia Pacific 11.3.1 China 11.3.2 Japan 11.3.3 India 11.3.4 South Korea 11.3.5 Thailand 11.3.6 Malaysia 11.3.7 Indonesia 11.3.8 Australia 11.3.9 New Zealand 11.4 Latin America 11.4.1 Brazil 11.4.2 Mexico 11.4.3 Argentina 11.5 Middle East & Africa 11.5.1 Saudi Arabia 11.5.2 UAE 11.5.3 South Africa 12. Porter's Five Forces Analysis 12.1 Bargaining Power of Buyers 12.2 Bargaining Power of Suppliers 12.3 Degree of Rivalry 12.4 Threat of New Entrants 12.5 Threat of Substitutes 13. SWOT Analysis 13.1 Strength 13.2 Weakness 13.3 Opportunity 13.4 Threat 14. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 04/04/2025 07:47 AM/DISC: 04/04/2025 07:47 AM
Associated Press
18-02-2025
- Business
- Associated Press
REPEAT -- Cycurion Lists on NASDAQ (CYCU) and Provides Corporate Update
MCLEAN, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Cycurion (NASDAQ:CYCU), a leading cybersecurity firm, issues a shareholder update from Kevin Kelly Chairman and CEO, after IPO. RE: Cycurion (CYCU) announces Initial Public Offering Dear Investors and Stockholders, I am honored to address you as Chairman and CEO or Cycurion at this pivotal moment in our company's journey. With over a decade of experience building and growing cybersecurity companies and successfully leading organizations through the Nasdaq public markets, I understand what it takes to scale a company in this evolving landscape. Cycurion is at the forefront of cyber-security innovation, and I am incredibly proud of the foundation we have built and the exciting path ahead. Headquartered in McLean, Virginia, Cycurion is dedicated to addressing the growing risks of cyber threats and data breaches with a multi-layered SaaS solution that minimizes false positives while protecting critical digital assets. Since our founding in 2017, we have built a comprehensive cybersecurity ecosystem, serving the federal. state, and local government agencies, as well as commercial enterprises. Our key clients and partners include the United States Department of Defense, the Defense Intelligence Agency. the Department of Homeland Security, the United States Navy, as well as a number of Fortune 100 and 500 companies. Additionally, our wholly owned subsidiaries—Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc.—enhance our capabilities by delivering tailored cybersecurity services and advanced security products to both government and commercial. At the heart of our success is our Al-infused proprietary technology being one of the first to Marry AI and Cybersecurity. Three years ago, we acquired a significant piece of technology called the ARx Security Platform, which we are now preparing to expand this offer into the broader market. This multilayer software platform, featuring a Web Application Firewall, Bot Mitigation, and Geo Gating, is built on proprietary algorithms that provide multiple layers of protection against cyber threats. At Cycurion, we offer a comprehensive suite of services tailored to meet the full spectrum of cybersecurity needs: Cybersecurity: Anticipating, presenting, detecting, and responding to cyber threats to ensure the integrity of our clients' networks. Consulting & Advisory: Providing strategic guidance to help organizations develop and maintain strong security programs. Governance, Risk & Compliance: Ensuring businesses meet regulatory requirements through proven methodologies. Engineering & Architecture: Leveraging advanced technologies such as DevOps, continuous delivery, and big data analytics to secure IT infrastructures. What truly sets Cycurion apart is our deeply skilled team of 80 technology veterans, many of whom hold high-level security clearances and have served in critical roles within the Department of Defense, the Department of Justice, and leading technology companies. Their expertise spans national security, enterprise cybersecurity, and critical infrastructure protection, making them uniquely qualified to combat today's most sophisticated cyber threats. We are grateful to have such an exceptional team, whose dedication and experience drive our success. Since 2017, we have been singularly focused on providing cybersecurity solutions to federal, state. and local governments, civilian, defense, and judicial agencies, as well as commercial clients across various industries. We established our reputation by delivering mission-critical cyber-security support to multiple federal agencies, positioning us well for expansion into the commercial market. cutting-edge solution further strengthens our position as a leader in the cybersecurity industry and enhances the trust that organizations worldwide place in us. Cycurion also provides a unique integrated dashboard, allowing C-Suite executives and Boards to monitor cyber threats in real time and make informed security decisions. As a result, many CEOs and Boards turn to Cycurion to navigate today's complex security landscape. offer into the broader market. This multilayer software platform, featuring a Web Application Firewall, Bot Mitigation, and Geo Gating, is built on proprietary algorithms that provide multiple layers of protection against cyber threats. We are privileged to serve federal, state, and local governments, police departments, and leading consulting firms such as the big four. Our ability to secure and protect critical infrastructure has made us a trusted partner in both the public and private sectors. By combining our industry expertise with government-level experience, Cycurion is well positioned to capture market share in the $200 billion cybersecurity industry. With our advanced technology, strategic partnerships, and exceptional team, we are confident in our ability to drive sustained growth and deliver long-term value. Today, I am thrilled to announce a monumental milestone—our Initial Public Offering (IPO). After our IPO, our ticker symbol will be (CYCU). This marks the beginning of an exciting new phase for Cycurion, reflecting our unwavering commitment to innovation, excellence, and expansion. As we look ahead, we are focused on growth. We are committed to organic growth; however, we will be pursuing a primarily inorganic strategy, with plans for at least one strategic acquisition this year to enhance our technology and expand our market reach. At the same time, we remain committed to organic growth, leveraging our strong foundation and innovative approach to meet the evolving demands of the cybersecurity landscape. This strategic expansion will allow us to broaden our impact and strengthen our position in securing vital systems and data. Thank you for being an essential part of Cycurion's journey. Together, we look forward to shaping the future of cybersecurity and achieving new heights of success. Sincerely, Kevin Kelly Chairman & CEO Cycurion, Inc.
Yahoo
29-01-2025
- Business
- Yahoo
Network Security Market to Reach $38 Billion by 2029, Fueled by Cloud- and AI-Driven Security, According to Dell'Oro Group
Enterprises Embrace Virtual and Cloud-Based Security to Meet Demands of Hybrid Work and Multi-Cloud Environments REDWOOD CITY, Calif., Jan. 29, 2025 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the worldwide Network Security market, including firewall, SSE, traditional SWG appliance, WAF, and ADC segments, is projected to grow to $38 B by 2029, representing a 10 percent 5-year compounded annual growth rate (CAGR). By 2026, cloud-friendly network security solutions will account for more than half of the total market revenue, driven by their scalability, flexibility, and alignment with cloud-first and hybrid work strategies. "We are witnessing an undeniable shift as enterprises embrace virtual and cloud-based solutions to meet the evolving demands of hybrid work and multi-cloud environments," said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking at Dell'Oro Group. "Cloud-first strategies, combined with increasing cyber threats, are accelerating investments in scalable, AI-enhanced security solutions such as virtual firewalls, WAF, and SSE solutions." Additional highlights from Network Security 5-Year January 2025 Forecast Report encompassing the years from 2024 to 2029: Firewalls: While the overall Firewall market is expected to grow at an 8 percent CAGR, virtual firewalls stand out with a projected 15 percent CAGR, reflecting their critical role in hybrid cloud deployments. Web Application Firewalls (WAF): The WAF market is set to achieve a 13 percent CAGR, driven by digital transformation initiatives and the growing need to secure applications hosted in multi-cloud environments. Security Service Edge (SSE): SSE revenue is forecast to surpass $11 B by 2029, achieving a 14 percent CAGR as organizations increasingly adopt cloud-delivered security solutions. Application Delivery Controllers (ADC): Despite a temporary resurgence in physical ADC sales, the market remains mature, with a projected 1 percent CAGR, as enterprises transition to software-defined and cloud-native solutions. About the ReportDell'Oro Group publishes the Network Security 5-year forecasts offering a complete overview of the industry with tables covering the same segments and metrics captured in our quarterly reports. In addition, the forecasts provide a comprehensive overview of market trends by including historical data as far back as 1998. To purchase this report, please contact us at dgsales@ About Dell'Oro GroupDell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, networks, and data center markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit View original content to download multimedia: SOURCE Dell'Oro Group Sign in to access your portfolio
