Description

Across industries, business models have evolved into customer-centric, digitally dependent operations that rely on web and mobile applications to keep customers, employees, and other stakeholders connected. With this proliferation in application use, the cyberattack surface at the application layer has expanded and become porous with vulnerable entry points.

The increasingly sophisticated threat landscape challenges organizations to secure their back-end infrastructure, web servers, websites, and web applications against application-layer attacks while balancing responsibilities between their application development and security teams. The solution is to shift from a legacy web application firewall (WAF) strategy to a modern application security strategy. In this way, businesses can fully protect both their web-based applications and application program interfaces (APIs).

As the COVID-19 pandemic accelerated many organizations’ digital transformation, it also expedited their cloud migration process, spurring them to move infrastructure, applications, and assets to public cloud environments. Frost & Sullivan foresees that the demand for cloud-based deployment of WAF solutions will steadily trend upwards.

In this Frost Radar™, Frost & Sullivan shortlisted and assessed the top 9 dedicated WAF providers that have more than 1% share in the global market from a field of more than 20 global industry players. These 9 international companies have an active business presence in at least 2 regions across North America (NA), Europe, the Middle East and Africa (EMEA), Latin America (LATAM), and Asia-Pacific (APAC). This year’s Frost Radar™ players are Akamai Technologies, Barracuda Networks, Citrix Systems, Cloudflare, Fastly, F5, Fortinet, Imperva, and Radware.