Top Companies in Web Application Firewall Market | WAF Industry Leading Players Growth Analysis by Vantage Market Research

The Web Application Firewall (WAF) is intended to improve the security of HTTP or online interactions.

Top Companies in Web Application Firewall Market | WAF Industry Leading Players Growth Analysis by Vantage Market Research
web application firewall market


The Global Web Application Firewall Market is valued at USD 3.82 Billion in the year 2021 and is forecasted to reach a value of USD 9.57 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 16.5% over the forecast period.

A web Application Firewall (WAF) is a hardware or software solution designed to control and monitor network traffic in web-enabled applications. This firewall establishes a secure barrier between the system and the external environment. WAFs are mainly used by cloud-based WAFs. These WAFs prevent malware infection, zero-day exploitation, and other unknown threats.

Today web applications and their services have changed the nature of information delivery.

Due to the easy availability of information and the richness of web services, high reliance is placed on web-based services and the firewall market to better integrate internal information systems.

Some of the key players operating in the Web Application Firewall Market are listed below:

Company Name

Revenue in USD

  • Imperva

$301 Million

  • Akamai Technologies

$3 Billion

  • Barracuda Networks

$560 Million

  • Citrix Systems

$3 Billion

  • Cloudflare

$588 Million

  • Ergon Informatik

$43 Million

  • F5 Networks Inc.

$2 Billion

  • Fortinet

$3 Billion

  • Penta Security Systems

<$5 Million

  • Radware

$278 Million


  1. Imperva

Imperva is a provider of cybersecurity solutions that protect business-critical data and applications. The company's Secure Sphere, Incapsula, and Sky fence product lines enable organizations to discover assets and risks, protect the information in cloud and on-premises, and comply with regulations.

  1. Akamai Technologies

Founded in 1998, Akamai Technologies is a global content delivery network, cybersecurity, and cloud service company, providing web and Internet security services. The company operates a network of servers around the world and rents out capacity on these servers to customers who want their websites to work faster by distributing content from locations near the user.

  1. Barracuda Networks

Barracuda Networks is a multinational cybersecurity company specializing in email and web security with industry-recognized web application firewalls (WAF) and next-generation firewalls (NGFW). Barracuda provides easy, comprehensive, and affordable solutions for email protection, application, and cloud security, network security and data protection. 

  1. Citrix Systems

Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application, and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix products are claimed to be in use by over 400,000 clients worldwide, including 99% of the Fortune 100, and 98% of the Fortune 500.

  1. Cloudflare

Cloudflare, Inc. is an American content delivery network and DDoS mitigation company, founded in 2010. It acts as a reverse proxy between a website’s visitor and the Cloudflare customer's hosting provider. Its headquarters are in San Francisco, California.

  1. Ergon Informatik

Ergon Informatik is a leading Swiss software development company for customized applications and advanced software products. Ergon employees are excellent IT specialists who focus intensely on customer benefits. They anticipate technology trends and develop solutions that provide a distinct competitive edge. The company was founded in 1984 and has 199 employees. In 2012 Ergon was presented with the “Swiss Employer Award” and the “ICT Education and Training Award”. In 2008 it was the first company to receive the “SwissICT Champion Award”.

  1. F5 Networks

F5 (formerly known as F5 Networks) is multi-cloud application security and delivery company. It engages in the development, marketing, and sale of application services that optimize the security, performance, and availability of network applications, servers, and storage systems. The company offers enterprise-grade solutions available in a range of consumption models. F5 Networks delivers professional services including consulting, training, installation, maintenance, and other technical support services.

  1. Fortinet

Fortinet is an American multinational corporation headquartered in Sunnyvale, California. It develops and sells cybersecurity solutions, such as physical firewalls, antivirus software, intrusion prevention systems, and endpoint security components. Brothers Ken Xie and Michael Xie founded Fortinet in 2000.

  1. Penta Security Systems

Penta Security Systems is a customer-oriented and professionally managed security solutions provider for all residential/commercial security and home automation needs. We provide our clients with high-quality and customized security systems and also cater to their unique requirements.

  1. Radware

Radware Inc. is an American provider of cybersecurity and application delivery products for the physical, cloud, and software-defined data centers. Radware's corporate headquarters are located in Mahwah, New Jersey. The company also has offices in Europe, Africa, and the Asia Pacific regions. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

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