August 28th, 2021
Global Application Gateway Market
The GMI Research predicts that the Application Gateway Market will perceive an increase in demand over the forecast period. This is mainly because of the mounting demand for safeguarded networks and prevention against cyber-attacks and increasing application across the healthcare industry.
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Introduction of the Application Gateway Market
Application Gateway, also called application proxy, refers to a program that functions on client and server networks. In other words, it offers network safety by safeguarding and hiding data of individual computers beyond the firewall. Whenever the client makes an effort to reach a destination arbitrated with the application gateway to transmit the target behind the firewall that acting on the client's behalf will generate a proxy connection between clients to application.
Key Players of Market:
· SAP SE
· Microsoft Corporation
· Palo Alto Networks
· F5 Networks
Application Gateway Market Dynamics
The augmenting demand for safeguarded networks and accelerating application-layer attacks are expanding the demand of the global application gateway market. In addition, the surging requirement of the applications by industries, like the public and government sector, IT, BFSI, and telecommunication to prevent information and to protect application-layer attacks are stimulating the market share. For example, Microsoft Corporation, in June 2019, broadcasted a rule for the Amazon Azure Gateway Web Application Firewall, enabling customers to introduce their own rule with Internet Protocol (IP). On the other hand, insufficient managerial norms and inadequate technical expertise may restrict market growth.
Vertical Segment Drivers
Based on the Application, BFSI is predicted to expand at a faster rate over the coming years. This is because of the mounting number of attacks such as SQL injection, botnets, forceful browsing, cross-site scripting, cookie poisoning, and Distributed Denial of Service (DDoS) in the BFSI industry. Moreover, the growing need to prioritize the solutions by BFSI companies as a result of the evolution of internet, smart, and mobile banking have propelled the global application gateway market size.
As per the geographical area, Asia-Pacific is contemplated to grow at a significant rate because of the soaring population, rising disposable income of people, and the increasing demand for a sophisticated, large display, and superior performing laptops. In addition, various developing nations such as Japan, India, China, and South Korea are bringing various growth opportunities for the market as a result of the escalating number of IT companies. Further, as per the application gateway market research report, North America is experiencing increasing demand. The persistently elevating gaming industry in the U.S. and Canada, rapid economic development, internet penetration, and aggravating awareness among people are adding to the application gateway market size.
Application Gateway Market Segmentation:
Segmentation by Component
Segmentation by Organisation Size
· Small and Medium Enterprise
· Large Enterprise
Segmentation by Verticals
· IT and Telecommunication
· Government and Public Sector
Segmentation by Region:
o United Kingdom
o Rest of Europe
· North America
o United States of America
· Asia Pacific
o Rest of APAC
o South Africa
o Saudi Arabia
About GMI Research
GMI a leading consulting company spotlighted as one of the promising market in the Silicon India Magazine offers enterprises with business acumen and market research reports. The team cumulates all the material information about enormous industries applying internal and external databases. The concentration of the organization is to apprehend our clients with the impending challenges across different industries. Our team of seasoned experts succours clients in perceiving the effect of market dynamics such as size, share, drivers, growth opportunities, and other aspects.
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