Market Scope
The global application gateway market was valued at USD 1.65 billion in 2019 and is expected to register a CAGR of 11.2% during the forecast period.
Major drivers of the market are demand for secure networks, frequency of application-layer attacks, and security concerns among enterprises. The rise of small and medium enterprises owing to encouragement given by nations for boosting the economy and initiatives by governments for adapting to the growing digitization can bode well for the market. Security solutions for protection against phishing attacks and proliferation of employees employing mobile devices are expected to influence the market growth. Adoption of artificial intelligence, internet-of-things (IoT), and software-defined network architecture can lead to tougher encryptions on application gateways for protecting websites from malicious attacks.
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Segmentation
The global application gateway market has been segmented by component, organization size, and vertical.
By component, the global application gateway market has been divided into solution and service. The service segment has been sub-segmented into integration and deployment, consulting, and support and maintenance.
Based on organization size, the global application gateway market has been divided into small- and medium-sized enterprises (SMEs) and large enterprises.
On the basis of vertical, the global application gateway market has been divided into healthcare, BFSI, manufacturing, IT & telecommunication, government, retail, and others. The BFSI segment is likely to generate revenues for the market owing to emergence of blue-chip companies, investments by venture capital firms, and growth of financial organizations. New facilities of internet banking, mobile banking, and smart banking can beckon a huge demand for application gateways.
Competitive Outlook
Palo Alto Networks, Inc., SAP SE, Forcepoint, F5 Networks Inc, Akamai, Kemp Technologies, Inc., Microsoft Corporation, Orange S.A., Zscaler, Inc., Barracuda Networks, Citrix Systems, Inc, Aculab, Avi Networks, Snapt, and Imperva are key players of the global application gateway market.
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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.
