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
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. The application gateway market is growing and is fueled by trends, such as the increased demand for protected networks and growth in a number of different application-layer attacks. The application gateway is an important product trend that fulfills the application layer security requirements of government and public sector, Banking, Financial Services, and Insurance (BFSI), IT and telecommunication, retail, and various others (education and energy and utilities)r.
SMEs segment to grow at a higher CAGR during the forecast period
Small and Medium-sized Enterprises (SMEs) are smaller in terms of their size, but they cater to a large number of customers, globally. According to Ciscos 2018 SMB Cybersecurity Report, it is found that 53% of mid-market companies in 26 countries experienced a breach. For these companies, the top security concerns are targeted phishing attacks against employees, advanced persistent threats, ransomware, denial-of-service attacks, and the proliferation of employees enabled to use their mobile devices. For SMEs , one breach often puts a victim out of business. This has raised an alarm for SMEs to adopt security solutions, such as application gateway and firewall.
BFSI industry vertical to hold the largest market size during the forecast period
The BFSI is growing due to the strong growth of existing financial service organizations and new entities entering the market. Organizations are constantly introducing financial products backed with cutting edge technologies to boost business operations and increase customer base. Technological enhancements in BFSI sector are making the industry a lucrative target for frauds. Organizations in the BFSI industry vertical need security products and services that can protect employees, customers, assets, offices, branches, and operations. With facilities such as smart banking, internet banking, and mobile banking, BFSI companies need to prioritize application gateway security solutions. Attacks such as cross-site scripting, SQL injection, forceful browsing, cookie poisoning, botnets, and Distributed Denial of Service (DDoS) have been experienced in the BFSI industry vertical. BFSI industry vertical provides services through the web or financial service applications. The network security and cybersecurity industry players are coming up with innovative security measures to meet the rising complexity of attacks.
North America to hold the largest market size during the forecast period
North America is the largest market for cybersecurity due to the rising incidents of data breach and security threats. The region tops the globe in terms of the presence of security vendors. Therefore, the application gateway market is dominated by North America, which is considered to be the most progressive region with respect to the adoption of the latest cybersecurity technology and infrastructure. Internet of things (IoT) is changing the cybersecurity landscape. As IoT enables organizations through large networks, data security has become a key concern. With the increasing number of connected devices, new forms and varieties of cyberattacks are joining the threat landscape. Awareness about the need to protect network infrastructure is being identified as the most critical economic and security challenge in the region. North America constitutes of developed economies, such as the US and Canada.
Key Application Gateway Market Players
Major vendors in the application gateway market include 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), and Avi Networks (US).
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Scope of the Report:
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Report Metrics |
Details |
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Market size available for years |
20172024 |
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Base year considered |
2018 |
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Forecast period |
20192024 |
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Forecast units |
Value (USD) |
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Segments covered |
Component (solution and services), Service (consulting, integration and deployment, and supporting and maintenance), Organization Size (large enterprises and SMEs), Vertical [BFSI, IT and Telecommunication, manufacturing, government and public sector, retail, healthcare, and others(education and energy and utilities)] |
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Geographies covered |
North America, APAC, Europe, MEA, and Latin America |
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Companies covered |
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), and AVI Networks (US) |
This research report categorizes the application gateway market based on the component, services, organization size, application, vertical, and region.
By Component:
- Solution
- Services
By Service:
- Consulting
- Integration and deployment
- Support and maintenance
By Organization Size:
- Large enterprises
- Small and Medium-sized Enterprises (SMEs)
By Vertical:
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunication
- Manufacturing
- Government and public sector
- Retail
- Healthcare
- Others (education, and energy and utilities)
By Region:
- North America
- Europe
- APAC
- MEA
- Latin America
Recent Developments:
- In June 2019, Microsoft released its latest customer rules for the Azure Application Gateway Web Application Firewall (WAF). These rules enable customers to make their own rules with Internet Protocol (IP)/IP range or string-based matching conditions.
- In July 2019, Orange acquired SecureLink, a European player in the cybersecurity industry. With this acquisition, Orange expands its cybersecurity capabilities and extends its international reach in the cybersecurity industry.
- In May 2019, F5 Networks acquired NGINX, a provider of open-source application delivery and load balancing solutions. This acquisition enables F5 Networks to offer multi-cloud application services across all environments.
Key Questions Addressed by the Report:
- Where would all these developments take the industry in the mid to long term?
- What are the upcoming industry solutions for the application gateway market?
- Which are the major factors expected to drive the market?
- Which region would offer high growth for vendors in the market?
- Which service would gain the highest market share in the market?
Frequently Asked Questions (FAQ):
What is the estimated market value of the global application gateway market?
What is the estimated growth rate of the global application gateway market?
Which geographic region of the application gateway market expected to hold the highest market share?
Which organization type of the application gateway market expected to grow at the highest rate?
Who are the major vendors operative in the global application gateway market?
What are the top driving factors in application gateway market?
- Growth in Number of Different Application Layer Attacks
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Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
2.4 Market Forecast
2.5 Competitive Leadership Mapping Research Methodology
2.6 Assumptions for the Study
2.7 Limitations of the Study
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 27)
4.1 Attractive Opportunities in the Application Gateway Market
4.2 Market Top 3 Verticals and Regions
4.3 Market By Region
4.4 Market Investment Scenario
5 Market Overview and Industry Trends (Page No. - 30)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in Number of Different Application Layer Attacks
5.2.2 Restraints
5.2.2.1 Lack of Mandatory Regulations for Information Security
5.2.3 Opportunities
5.2.3.1 Rise in Adoption of Internet of Things, Artificial Intelligence, and Software-Defined Network Technologies
5.2.4 Challenges
5.2.4.1 Lack of Technical Expertise
6 Application Gateway Market, By Component (Page No. - 33)
6.1 Introduction
6.2 Solution
6.2.1 Growing Concern of Security Among Enterprises to Drive the Growth of Application Gateway Solution
6.3 Services
6.3.1 Need for Consistent Performance of the Solutions to Increase the Demand for Services in the Market
7 Application Gateway Market, By Service (Page No. - 37)
7.1 Introduction
7.2 Consulting
7.2.1 Need for Awareness About the Application Gateway Solution for Business use to Increase the Demand for Consulting Services
7.3 Integration and Deployment
7.3.1 Integration and Deployment Services to Help Organizations for Seamless use of Application Gateway Solution
7.4 Support and Maintenance
7.4.1 Need for Consistent Performance of the Solution to Increase the Growth of the Support and Maintenance Services
8 Application Gateway Market, By Organization Size (Page No. - 42)
8.1 Introduction
8.2 Large Enterprises
8.2.1 Need for Securing a Large Number of Data to Increase the Demand for the Application Gateway Solution
8.3 Small and Medium-Sized Enterprises
8.3.1 Rising Cyberattacks on Small and Medium-Sized Enterprises to Increase the Demand for Market
9 Application Gateway Market, By Vertical (Page No. - 46)
9.1 Introduction
9.2 Banking, Financial Services and Insurance
9.2.1 Rise in Data Breach Incidents and Data Attacks on Banks and Financial Institutes to Boost the Adoption of Application Gateway Solution
9.3 IT and Telecommunication
9.3.1 Increased Need for Network and Infrastructure Security to Boost the Adoption of Application Gateway Solution
9.4 Manufacturing
9.4.1 Growing Adoption of Security Solutions and Services in the Manufacturing Industry Vertical to Drive the Growth of the Market
9.5 Government and Public Sector
9.5.1 Increasing Number of Cyberattacks on Government Agencies to Raise the Need for Enhanced Security Solutions and Services
9.6 Retail
9.6.1 Rising Demand for Application and Data Security in Online Retailing to Increase the Adoption of Application Gateway Solution
9.7 Healthcare
9.7.1 Rapid Adoption of Latest Technologies in Healthcare to Increase the Vulnerabilities, Resulting in the Rise in the Adoption of Security Solutions
9.8 Others
10 Application Gateway Firewall Market, By Region (Page No. - 55)
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.1.1 Increasing Number of Cyberattacks on Government Agencies and Protection Against Data Breaches to Drive the Growth of the Application Gateway Market in the US
10.2.2 Canada
10.2.2.1 Government Initiatives to Support the Growth of Application Gateway Solution in Canada
10.3 Europe
10.3.1 United Kingdom
10.3.1.1 Emphasis on Developing Enhanced Protection Against Frauds to Increase the Growth of the Market in the UK
10.3.2 Germany
10.3.2.1 Growing Usage of the Internet to Drive the Need for Data Security Against Data Attacks in Germany
10.3.3 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Adoption of New Regulations Related to Network Security to Drive the Market in China
10.4.2 Japan
10.4.2.1 Adoption of Enhanced Security Solutions and Government Policies to Boost the Growth of the Market in Japan
10.4.3 Rest of Asia Pacific
10.5 Middle East and Africa
10.6 Latin America
11 Competitive Landscape (Page No. - 71)
11.1 Introduction
11.2 Competitive Leadership Mapping (Overall Market)
11.2.1 Visionary Leaders
11.2.2 Dynamic Differentiators
11.2.3 Innovators
11.2.4 Emerging Companies
12 Company Profiles (Page No. - 74)
(Business Overview, Products and Services Offered, Recent Developments, MnM View, SWOT Analysis)*
12.1 Microsoft
12.2 SAP
12.3 Orange
12.4 F5 Networks
12.5 Palo Alto Networks
12.6 Forcepoint
12.7 Zscaler
12.8 Citrix
12.9 Akamai
12.10 Aculab
12.11 Imperva
12.12 Barracuda Networks
12.13 Kemp Technologies
12.14 Snapt
12.15 Avi Networks
*Business Overview, Products and Services Offered, Recent Developments, MnM View, SWOT Analysis Might Not be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 100)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables (46 Tables)
Table 1 United States Dollar Exchange Rate, 20162018
Table 2 Factor Analysis
Table 3 Application Gateway Market Size and Growth Rate, 20172024 (USD Million, Y-O-Y %)
Table 4 Market Size By Component, 20172024 (USD Million)
Table 5 Solution: Market Size By Region, 20172024 (USD Million)
Table 6 Services: Market Size By Region, 20172024 (USD Million)
Table 7 Application Gateway Market Size, By Service, 20172024 (USD Million)
Table 8 Consulting: Market Size By Region, 20172024 (USD Million)
Table 9 Integration and Deployment: Market Size, By Region, 20172024 (USD Million)
Table 10 Support and Maintenance: Market Size By Region, 20172024 (USD Million)
Table 11 Application Gateway Market Size, By Organization Size, 20172024 (USD Million)
Table 12 Large Enterprises: Market Size By Region, 20172024 (USD Million)
Table 13 Small and Medium-Sized Enterprises: Market Size By Region, 20172024 (USD Million)
Table 14 Application Gateway Market Size, By Vertical, 20172024 (USD Million)
Table 15 Banking, Financial Services and Insurance: Market Size By Region, 20172024 (USD Million)
Table 16 IT and Telecommunication: Market Size By Region, 20172024 (USD Million)
Table 17 Manufacturing: Market Size By Region, 20172024 (USD Million)
Table 18 Government and Public Sector: Market Size By Region, 20172024 (USD Million)
Table 19 Retail: Market Size By Region, 20172024 (USD Million)
Table 20 Healthcare: Market Size By Region, 20172024 (USD Million)
Table 21 Others: Market Size By Region, 20172024 (USD Million)
Table 22 Application Gateway Market Size, By Region, 20172024 (USD Million)
Table 23 North America: Market Size By Component, 20172024 (USD Million)
Table 24 North America: Market Size By Service, 20172024 (USD Million)
Table 25 North America: Market By Vertical, 20172024 (USD Million)
Table 26 North America: Application Gateway Market Size, By Organization Size, 20172024 (USD Million)
Table 27 North America: Market Size, By Country, 20172024 (USD Million)
Table 28 Europe: Market Size By Component, 20172024 (USD Million)
Table 29 Europe: Market Size, By Service, 20172024 (USD Million)
Table 30 Europe: Application Gateway, By Vertical, 20172024 (USD Million)
Table 31 Europe: Market Size By Organization Size, 20172024 (USD Million)
Table 32 Europe: Market Size By Country, 20172024 (USD Million)
Table 33 Asia Pacific: Application Gateway Market Size, By Component, 20172024 (USD Million)
Table 34 Asia Pacific: Market Size By Service, 20172024 (USD Million)
Table 35 Asia Pacific: Application Gateway, By Vertical, 20172024 (USD Million)
Table 36 Asia Pacific: Market Size By Organization Size, 20172024 (USD Million)
Table 37 Asia Pacific: Market Size By Country, 20172024 (USD Million)
Table 38 Middle East and Africa: Application Gateway Market Size, By Component, 20172024 (USD Million)
Table 39 Middle East and Africa: Market Size By Service, 20172024 (USD Million)
Table 40 Middle East and Africa: Application Gateway, By Vertical, 20172024 (USD Million)
Table 41 Middle East and Africa: Market Size By Organization Size, 20172024 (USD Million)
Table 42 Latin America: Market Size By Component, 20172024 (USD Million)
Table 43 Latin America: Market Size By Service, 20172024 (USD Million)
Table 44 Latin America: Application Gateway, By Vertical, 20172024 (USD Million)
Table 45 Latin America: Market Size By Organization Size, 20172024 (USD Million)
Table 46 Evaluation Criteria
List of Figures (29 Figures)
Figure 1 Application Gateway Market: Research Design
Figure 2 Market Top-Down and Bottom-Up Approaches
Figure 3 Market Top 3 Segments, 2019
Figure 4 Solution Segment to Account for the Largest Market Share During Forecast Period
Figure 5 Growing Adoption of Advanced Technologies Across Verticals to Drive the Growth of the Application Gateway Market
Figure 6 IT and Telecommunication Vertical and North America Region to Account for the Highest Market Shares in 2019
Figure 7 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 8 Asia Pacific to Emerge as the Best Market for Investments During the Next 5 Years
Figure 9 Drivers, Restraints, Opportunities, and Challenges: Application Gateway Market
Figure 10 Solution Segment to Account for a Larger Market Size During the Forecast Period
Figure 11 Consulting Segment to Account for the Largest Market Size During the Forecast Period
Figure 12 Large Enterprises Segment to Account for a Larger Market Size During the Forecast Period
Figure 13 IT and Telecommunication Vertical to Account for the Largest Market Size During the Forecast Period
Figure 14 Asia Pacific to Exhibit the Highest CAGR in the Application Gateway Market During the Forecast Period
Figure 15 North America: Market Snapshot
Figure 16 Asia Pacific: Market Snapshot
Figure 17 Application Gateway Market (Global) Competitive Leadership Mapping, 2019
Figure 18 Microsoft: Company Snapshot
Figure 19 Microsoft: SWOT Analysis
Figure 20 SAP: Company Snapshot
Figure 21 SAP: SWOT Analysis
Figure 22 Orange: Company Snapshot
Figure 23 Orange: SWOT Analysis
Figure 24 F5 Networks: Company Snapshot
Figure 25 F5 Networks : SWOT Analysis
Figure 26 Palo Alto Networks: Company Snapshot
Figure 27 F5 Networks : SWOT Analysis
Figure 28 Citrix: Company Snapshot
Figure 29 Akamai: Company Snapshot
The study involved 4 major steps to estimate the current market size for the application gateway market. The exhaustive secondary research was done to collect information on the market, the peer market, and the parent market, which is the first step. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases, and investor presentations of companies; white papers, technology journals, and certified publications; and articles from recognized authors, directories, and databases.
Primary Research
The application gateway market comprises several stakeholders, such as application gateway solution providers, consultants/consultancies/advisory firms, support and maintenance service providers, system integrators service providers, Value-Added Resellers (VARs), and distributors. The extensive primary research was conducted to gather information, and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types; industry trends; key players; the competitive landscape of different market players; and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key strategies.
Following is the breakup of the primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the overall size of the application gateway market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The application gateway market expenditure across regions, along with the geographic split in various segments have been considered to arrive at the overall market size.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the application gateway industry.
Report Objectives:
- To define, describe, and forecast the application gateway market by component (solution and services), organization size, vertical, and region
- To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
- To analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leaders
- To forecast the market size of the segments with respect to 5 main regions, namely, North America, Europe, APAC, MEA, and Latin America
- To profile the key players and comprehensively analyze their market rankings and core competencies
- To analyze competitive developments, such as partnerships, new product launches, and mergers and acquisitions, in the application gateway market
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Geographic Analysis
- Further breakup of the North American market into the US and Canada
- Further breakup of the European market into the UK, Germany, and the rest of Europe
- Further breakup of the APAC market into China, Japan, and the rest of APAC
Company Information
- Detailed analysis and profiling of additional market players
Growth opportunities and latent adjacency in Application Gateway Market