Global application gateway market size was US$ 1.6 Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 10% during the forecast period.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Market Definition
An application gateway is a type of firewall with a security component and is used to provide security to the computer networks. It is operated in the application layer of the OSI model. Application gateway provides a high level of security over the network traffics in network system.
Market Dynamics
Increasing demand for application layer security in various enterprises of several industries such as IT and telecom, BFSI, healthcare, and others is a major driving factor behind the growth of the market. Growing security concerns related to network attacks such as worms, malware, spyware, and phishing, increasing adoption of software-defined network technology in various data centers, increasing technological advancements in firewall systems, and growing use of integration and deployment services are expected to improve the growth of the market during the forecast period.
However, slower response time, lack of skilled personnel, and fear of loss of transparency to applications are major restraining factors that could hamper the growth of the market.
Global Application Gateway Market: Segmentation Analysis
By organization size, small and medium size enterprise segment dominated the market in 2019 and is projected to witness steady growth at CAGR of XX% during the forecast period. According to research, it is found that in 2018, approximately 67% of small and medium-sized business market companies have experienced cyberattacks and 58% of SMEs have faced data breach. Due to this issue, many SMEs have adopted advanced application gateway firewall systems to protect their data, which is ultimately propelling the growth of the market.
By component, integration and deployment service segment projected to witness fast growth at CAGR of XX% during the forecast period. Integration and deployment services are the most important services in all sized enterprises to provide smooth running of their software applications on the computer network system. Growing adoption of this service in enterprises to mitigate cyber-attack risks, to reduce complexities, and to increase the ROI is expected to drive the growth of the market during the forecast period.
Global Application Gateway Market: Regional Analysis
Region-wise, North America held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The US and Canada are major key contributors behind the growth of the market. The growth is attributed to the increasing adoption of the application gateway firewall system in various end-user applications. The massive presence of security vendors, early adoption of various cybersecurity technologies, and the presence of well established IT infrastructure in the NA region is driving the growth of the market.
Vast presence of data centers along with the rising requirement of network security systems and rapid adoption of this firewall system in large, small and medium sized enterprises are further propelling the growth of the market in the region.
The objective of the report is to present a comprehensive analysis of the Global Application Gateway Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Application Gateway Market dynamics, structure by analyzing the market segments and projects the Global Application Gateway Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Application Gateway Market make the report investor’s guide.
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The Scope of Global Application Gateway Market
Global Application Gateway Market, By Component
• Solution
• Services
o Consulting
o Integration and deployment
o Support and maintenance
Global Application Gateway Market, By Organization Size
• Large enterprises
• Small and Medium-sized Enterprises (SMEs)
Global Application Gateway Market, By Industry
• Banking, Financial Services, and Insurance (BFSI)
• IT and Telecommunication
• Manufacturing
• Government and public sector
• Retail
• Healthcare
• Others (education, and energy and utilities)
Global Application Gateway Market, By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global Application Gateway Market, Key Players
• Microsoft Corporation
• Cisco
• F5 Networks Inc
• Forcepoint
• Akamai
• Barracuda Networks
• Orange S.A
• SAP SE
• Palo Alto Networks, Inc
• Imperva
• Kemp Technologies, Inc
• Citrix Systems, Inc
• Zscaler, Inc
• Snapt
• Avi Networks
• Aculab
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Global Application Gateway Market The GMI Research predicts that the Application Gateway Market will perceive an increase in demand over the forecast period.
This is mainly because of the mounting demand for safeguarded networks and prevention against cyber-attacks and increasing application across the healthcare industry.Request a free sample of this reportIntroduction of the Application Gateway Market Application Gateway, also called application proxy, refers to a program that functions on client and server networks.
Whenever the client makes an effort to reach a destination arbitrated with the application gateway to transmit the target behind the firewall that acting on the client's behalf will generate a proxy connection between clients to application.Key Players of Market:SAP SEMicrosoft CorporationOrangePalo Alto NetworksForcepointF5 NetworksCirtixZscalerImpervaAkamaiApplication Gateway Market DynamicsThe augmenting demand for safeguarded networks and accelerating application-layer attacks are expanding the demand of the global application gateway market.
In addition, the surging requirement of the applications by industries, like the public and government sector, IT, BFSI, and telecommunication to prevent information and to protect application-layer attacks are stimulating the market share.
For example, Microsoft Corporation, in June 2019, broadcasted a rule for the Amazon Azure Gateway Web Application Firewall, enabling customers to introduce their own rule with Internet Protocol (IP).
On the other hand, insufficient managerial norms and inadequate technical expertise may restrict market growth.Vertical Segment DriversBased on the Application, BFSI is predicted to expand at a faster rate over the coming years.
Global Application Gateway Market The GMI Research predicts that the Application Gateway Market will perceive an increase in demand over the forecast period.
This is mainly because of the mounting demand for safeguarded networks and prevention against cyber-attacks and increasing application across the healthcare industry.Request a FREE Sample of Application Gateway Market.Introduction of the Application Gateway Market Application Gateway, also called application proxy, refers to a program that functions on client and server networks.
Whenever the client makes an effort to reach a destination arbitrated with the application gateway to transmit the target behind the firewall that acting on the client's behalf will generate a proxy connection between clients to application.Key Players of Market:SAP SEMicrosoft CorporationOrangePalo Alto NetworksForcepointF5 NetworksCirtixZscalerImpervaAkamaiApplication Gateway Market DynamicsThe augmenting demand for safeguarded networks and accelerating application-layer attacks are expanding the demand of the global application gateway market.
In addition, the surging requirement of the applications by industries, like the public and government sector, IT, BFSI, and telecommunication to prevent information and to protect application-layer attacks are stimulating the market share.
For example, Microsoft Corporation, in June 2019, broadcasted a rule for the Amazon Azure Gateway Web Application Firewall, enabling customers to introduce their own rule with Internet Protocol (IP).
On the other hand, insufficient managerial norms and inadequate technical expertise may restrict market growth.Vertical Segment DriversBased on the Application, BFSI is predicted to expand at a faster rate over the coming years.
According to a research report "Application Gateway Market by Component (Solution and Services), Services (Consulting, Integration and Deployment), Organization Size (Large Enterprises and SMES), Vertical (BFSI and IT and Telecommunication), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global application gateway market size is expected to grow from USD 1.6 billion in 2019 to USD 2.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period.
Application gateway vendors are trying to make things simple so that organizations can secure their critical data and also protect the organization from potential attacks.Browse 46 market data Tables and 29 Figures spread through 106 Pages and in-depth TOC on "Application Gateway Market - Global Forecast to 2024"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129438115 Integration and deployment services to account for the second-highest market share during the forecast periodIntegration and deployment services play an important role in helping enterprises run their software applications smoothly on the network architecture.
The security system architecture are designed, keeping in mind the standards and compliances set by government bodies and organizations.
System integration is an important service in network security for lowering risks, reducing complexities, and increasing the Return on Investment (ROI).
They are customized, easily applicable, and assure threat prevention to the maximum extent.Large enterprises segment to account for a higher market share during the forecast periodLarge enterprises are the early adopters of application gateway solutions, as they use a large number of Internet of Things (IoT) and web applications, which are susceptible to cyberattacks.
Sensitive business information and documents are communicated regularly via emails and other networks among employees, clients, and vendors, due to which the network security is at risk from cyberattacks.
According to a new market research report "Application Gateway Market by Component (Solution and Services), Services (Consulting, Integration and Deployment), Organization Size (Large Enterprises and SMES), Vertical (BFSI and IT and Telecommunication), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global Application Gateway Market size is expected to grow from USD 1.6 billion in 2019 to USD 2.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period.Organizations are adopting application gateway solution for application layer security of their network.
Application gateway vendors are trying to make things simple so that organizations can secure their critical data and also protect the organization from potential attacks.Browse and in-depth TOC on “Application Gateway Market” 46 - Tables29 - Figures 106 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=129438115Integration and deployment services to account for the second-highest market share during the forecast periodIntegration and deployment services play an important role in helping enterprises run their software applications smoothly on the network architecture.
The security system architecture are designed, keeping in mind the standards and compliances set by government bodies and organizations.
System integration is an important service in network security for lowering risks, reducing complexities, and increasing the Return on Investment (ROI).
They are customized, easily applicable, and assure threat prevention to the maximum extent.Large enterprises segment to account for a higher market share during the forecast period Large enterprises are the early adopters of application gateway solutions, as they use a large number of Internet of Things (IoT) and web applications, which are susceptible to cyberattacks.
Sensitive business information and documents are communicated regularly via emails and other networks among employees, clients, and vendors, due to which the network security is at risk from cyberattacks.
Global Application Gateway Market The GMI Research predicts that the Application Gateway Market will perceive an increase in demand over the forecast period.
This is mainly because of the mounting demand for safeguarded networks and prevention against cyber-attacks and increasing application across the healthcare industry.Request for a FREE Sample Report Application Gateway MarketIntroduction of the Application Gateway Market Application Gateway, also called application proxy, refers to a program that functions on client and server networks.
Whenever the client makes an effort to reach a destination arbitrated with the application gateway to transmit the target behind the firewall that acting on the client's behalf will generate a proxy connection between clients to application.Key Players of Market:SAP SEMicrosoft CorporationOrangePalo Alto NetworksForcepointF5 NetworksCirtixZscalerImpervaAkamaiApplication Gateway Market DynamicsThe augmenting demand for safeguarded networks and accelerating application-layer attacks are expanding the demand of the global application gateway market.
In addition, the surging requirement of the applications by industries, like the public and government sector, IT, BFSI, and telecommunication to prevent information and to protect application-layer attacks are stimulating the market share.
For example, Microsoft Corporation, in June 2019, broadcasted a rule for the Amazon Azure Gateway Web Application Firewall, enabling customers to introduce their own rule with Internet Protocol (IP).
On the other hand, insufficient managerial norms and inadequate technical expertise may restrict market growth.Vertical Segment DriversBased on the Application, BFSI is predicted to expand at a faster rate over the coming years.
