Summary
The global Application Gateway Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
An application gateway, also known as application proxy or application-level proxy, is an application program that runs on a firewall system between two networks. It helps to secure firewall protection.
Increasing demand for protected networks is expected to propel growth of the global application gateway market over the forecast period. This is owing to increasing cases of malware, phishing, rootkit, and spyware. For instance, according to the Defense Information Systems Agency of the U.S. January 2018, the Defense Department of the U.S. prevents 36 million emails full of malware, viruses and phishing schemes from hackers, terrorists and foreign adversaries that are focused on gaining unauthorized access to military systems. Moreover, increasing number of DDoS attacks is also expected to aid in growth of the market. For instance, according to Kaspersky, smart DDoS attacks that were focused on the application layer increased by 73% in Q3 2019 compared to those in Q4 2019.
However, the need for high memory and processor resources compared to other firewall technologies is expected to hinder growth of the global application gateway market.
The market is witnessing several M&A activities. For instance, in January 2020, F5 Networks acquired Shape Security, a provider of online fraud and abuse prevention solutions. The acquisition expanded the portfolio of F5 Networks to automated attacks, botnets, and targeted fraud.
Major players in the market are also focused on launching new products to expand their product portfolio. For instance, in December 2019, Microsoft Corporation launched a new solution to bind Azure Kubernetes Service (AKS) and Application Gateway. It offers an open-source Application Gateway Ingress Controller (AGIC) for Kubernetes, facilitating AKS customers to use application gateway to expose their cloud software to the internet.
Players in the market are also focused on adopting partnership strategies to expand their product portfolio. For instance, in November 2019, Datasat, a provider of gateway internet services via satellite, partnered with SES Networks to offer end-to-end connectivity to a ferry fleet in the Mediterranean Sea.
Key Takeaways:
- Increasing demand for protected networks is expected to propel growth of the global application gateway market over the forecast period
- The need for high memory and processor resources compared to other firewall technologies is expected to hinder growth of the market
- Major players operating in the global application gateway market include Microsoft Corporation, SAP, Orange, F5 Networks, Palo Alto Networks, Forcepoint, Zscaler, Citrix, Akamai, Aculab, Imperva, Barracuda Networks, Kemp Technologies, Snapt, and Avi Networks
The Application Gateway Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Application Gateway Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Microsoft (US)
- SAP (Germany)
- Orange (France)
- F5 Networks (US)
- Palo Alto Networks (US)
- Forcepoint (US)
- Zscaler (US)
- Citrix (US)
- Akamai (US)
- Aculab (US)
- Imperva (US)
- Barracuda Networks (US)
- Kemp Technologies (US)
- Snapt (US)
- Avi Networks (US)
By the Product Type, the market is primarily segmented into:
- Consultation Service
- Integration and Deployment
- Operation and Maintenance
By Applications, the market is segmented into:
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunication
- Manufacturing
- Government and public sector
- Others
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Application Gateway Market Report:
- To assess the size of the market by value and volume
- Analyze the Application Gateway Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Application Gateway Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Application Gateway Market
The Application Gateway Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Application Gateway Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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