Market Forecast By Component (Solutions (Hardware Appliances, Virtual Appliances, Cloud-Based), Services (Professional and Managed)), By Organization Size (SMEs, Large Enterprises), By Vertical (Banking, Financial Services & Insurance, Retail, IT & Telecommunications, Government & Defense, Healthcare, Energy & Utilities, Education, Other Verticals) And Competitive Landscape
Product Code: ETC4385633 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Egypt Web Application Firewall Market |
Forecast Period | 2025-2031 |
CAGR | 5.9% |
Growing Sector | Banking, Financial Services & Insurance (BFSI) |
Egypt Web Application Firewall Market report thoroughly covers the market by component, by organization size, and by vertical. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt Web Application Firewall (WAF) Market is experiencing significant growth, fueled by the rapid digital transformation across various sectors and growing awareness of cybersecurity threats. With businesses increasingly relying on online platforms to reach customers, the demand for robust web application security solutions, such as WAF, has surged. This market growth is also supported by the government's push towards digitizing public services, further emphasizing the need for advanced cybersecurity measures.
According to 6Wresearch, the Egypt Web Application Firewall Market size is estimated to reach at a CAGR of 5.9% during the forecast period 2025-2031. One of the main drivers of the Egypt WAF market is the escalating number of cyberattacks targeting web applications, which include SQL injection, cross-site scripting, and security misconfigurations. The growing adoption of cloud-based solutions and the shift towards remote work arrangements have also expanded the attack surface, making web applications more vulnerable to breaches. Additionally, regulatory requirements and compliance standards are pushing organizations to adopt WAF solutions to protect sensitive data. Some significant trends are estimated to boost the Egypt Web Application Firewall Market growth include is the increasing reliance on artificial intelligence (AI) and machine learning (ML) technologies to enhance the effectiveness of WAF solutions. These technologies enable the real-time detection of new and sophisticated threats, improving the overall security posture of web applications. There is also a growing preference for cloud-based WAF solutions, offering scalability, flexibility, and cost-efficiency, particularly beneficial for SMEs aiming to fortify their web application security without extensive infrastructure investment.
The Egyptian government has embarked on several initiatives aimed at enhancing cybersecurity across all sectors, including the implementation of web application firewalls (WAFs). To safeguard digital assets and protect against cyber threats, regulations mandating the use of WAFs in critical infrastructure sectors have been established. Additionally, the government is promoting cybersecurity awareness and offering incentives for businesses to adopt advanced security measures, including WAFs.
The Egypt web application firewall market is witnessing the emergence of both global and local players. International companies like Cloudflare, Akamai, and Fortinet are recognized for their robust WAF solutions, catering to a wide range of businesses in Egypt.
The Egypt web application firewall industry is likely to grow considerably in the future. The increasing reliance on digital technologies, coupled with the escalating threat of cyber attacks, underscores the pressing need for robust cybersecurity measures. WAFs will play a critical role in this landscape, offering a frontline defense against a range of online threats. Innovation and technological advancements are expected to drive the evolution of WAF solutions, making them more accessible, efficient, and adaptable to changing cyber threats.
According to Dhaval, Research Manager, 6Wresearch, the Cloud-Based solution is gaining traction in the market, influenced by the increasing adoption of cloud technologies by businesses seeking scalable, cost-effective, and easily deployable security solutions to protect web applications from threats and vulnerabilities. Cloud-based Web Application Firewalls (WAF) provide a flexible and robust security posture that aligns with the dynamic nature of web applications.
Based on the vertical, the Banking, Financial Services & Insurance (BFSI) sector stands out as the only vertical experiencing significant growth due to critical need to secure sensitive financial data and transactions against an increasing volume of cyber threats and attacks.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Web Application Firewall Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Web Application Firewall Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Web Application Firewall Market - Industry Life Cycle |
3.4 Egypt Web Application Firewall Market - Porter's Five Forces |
3.5 Egypt Web Application Firewall Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Egypt Web Application Firewall Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Egypt Web Application Firewall Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Egypt Web Application Firewall Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Web Application Firewall Market Trends |
6 Egypt Web Application Firewall Market, By Types |
6.1 Egypt Web Application Firewall Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Egypt Web Application Firewall Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Egypt Web Application Firewall Market Revenues & Volume, By Solutions (Hardware Appliances, Virtual Appliances, Cloud-Based), 2021 - 2031F |
6.1.4 Egypt Web Application Firewall Market Revenues & Volume, By Services (Professional and Managed), 2021 - 2031F |
6.2 Egypt Web Application Firewall Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Egypt Web Application Firewall Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.2.3 Egypt Web Application Firewall Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.3 Egypt Web Application Firewall Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Egypt Web Application Firewall Market Revenues & Volume, By Banking, Financial Services & Insurance, 2021 - 2031F |
6.3.3 Egypt Web Application Firewall Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.4 Egypt Web Application Firewall Market Revenues & Volume, By IT & Telecommunications, 2021 - 2031F |
6.3.5 Egypt Web Application Firewall Market Revenues & Volume, By Government & Defense, 2021 - 2031F |
6.3.6 Egypt Web Application Firewall Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.7 Egypt Web Application Firewall Market Revenues & Volume, By Energy & Utilities, 2021 - 2031F |
6.3.8 Egypt Web Application Firewall Market Revenues & Volume, By Other Verticals, 2021 - 2031F |
6.3.9 Egypt Web Application Firewall Market Revenues & Volume, By Other Verticals, 2021 - 2031F |
7 Egypt Web Application Firewall Market Import-Export Trade Statistics |
7.1 Egypt Web Application Firewall Market Export to Major Countries |
7.2 Egypt Web Application Firewall Market Imports from Major Countries |
8 Egypt Web Application Firewall Market Key Performance Indicators |
9 Egypt Web Application Firewall Market - Opportunity Assessment |
9.1 Egypt Web Application Firewall Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Egypt Web Application Firewall Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Egypt Web Application Firewall Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Egypt Web Application Firewall Market - Competitive Landscape |
10.1 Egypt Web Application Firewall Market Revenue Share, By Companies, 2024 |
10.2 Egypt Web Application Firewall Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |