2014-04-04 17:40:03 - Asia-Pacific Web Application Firewall Market 2012 - a new market research report on companiesandmarkets.com
The Web Application Firewall (WAF) market recorded a strong growth of 31.3% in 2012 compared to 2011, reaching a total market size of $103.1 million in 2012. Growing level of reliance on Web applications or Internet among enterprises drives the adoption of WAF solutions in the region.
While South Korea continued to lead the APAC WAF market, 2012 witnessed a robust growth in countries such as Australia, China, and Indonesia, which all grew by more than 40% on a YoY basis. In 2014, China alone is expected to surpass South Korea to become the largest WAF market in APAC. The total APAC market is expected to reach $747.1 million in 2019, at a CAGR of 32.7 percent from 2012 to 2019.
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