Application Gateway Market Size, Share, Opportunities, And Trends By Type (HTTP, HTTPS, WebSocket, Others), By Method (Single Sign-On Authentication, Multi-Factor Authentication), By Enterprise Size (Small, Medium, Large), And By Geography - Forecasts From 2024 To 2029
- Published : Feb 2024
- Report Code : KSI061616250
- Pages : 140
The application gateway market is estimated to grow at a CAGR of 11.28% during the forecast period.
An application gateway is a safety system that enables consumers to access traditional web applications hosted in business data centers using the same login information and methods. It helps businesses to improve user satisfaction by reducing and connecting remote access security, as well as reducing IT operations expense and complexity by removing the need for expensive and complicated VPNs. The increasing adoption of cloud services has emerged as a significant driving force behind the substantial growth of the application gateway market.
Market Drivers
- Increasing adoption of cloud services bolsters application gateway market growth.
Application gateways are in high demand due to the increasing use of cloud services, which provide an encrypted and emerging way to access both on-premises and cloud-based applications. As organizations continue building and expanding their cloud presence, multiple security provider organizations are collaborating to adopt new cloud services which has provided a positive market scope For instance, in May 2023, Crayon and Amazon Web Services signed a four-year strategic collaboration agreement. The agreement improves Crayon's existing AWS Premier Tier Services Partner role to support joint consumer cloud adoption and advancement through which customers will get high-performance cloud management services, such as guidance, tools, and expertise for managing costs, governance, and protection.
- Growing cybersecurity threats drive application gateway market growth.
The growing concern about cybersecurity threats has led to the application gateway market expansion, as companies look for advanced solutions to protect themselves against phishing attacks, data breaches, and unauthorized access to information. Such gateways form an essential component of a comprehensive security strategy and as organizations understand the need for improved application gateway to protect confidential data from cyber-security, this is expected to provide a positive market outlook. For instance, in April 2023, Balbix the industry leader in cybersecurity posture automation, revealed the integration of advanced application security and risk management capabilities to the Balbix Safety Cloud system. It illustrates Balbix's commitment to offering the most extensive attack surface visibility and technology for cyber risk management.
The booming demand for application layer security drives the application gateway market expansion.
Application gateway plays a vital role in providing multi-layer security. It offers application layer security and defends against a variety of threats such as DDoS attacks, SQL injection, and cross-site scripting, thereby making it an attractive option for businesses looking to protect their networks and applications. As cyber threats become more advanced and targeted, there is a growing demand for application gateway security to provide better protection which is augmenting the overall market growth.
North America is anticipated to hold a significant share of the application gateway market.
North America is projected to account for a major share of the application gateway market owing to the region’s robust growth in cloud service adoption. Favourable initiatives to promote cloud service facilities in major North American economies have provided a positive market scope. For instance, in February 2023, the U.S. Department of the Treasury established an interagency cloud service steering committee to enhance regulatory and private-sector association which can improve accessibility and security for the local population while also allowing community banks to compete with banking technology firms. Additionally, the growing number of cyberattacks has also propelled the need for application gateway. For instance, according to the Canadian Internet Registration Authority (CIRA) in 2022, 44% of organizations have experienced a cyber-attack.
Market Challenges
- Application environment complexity will restrain the application gateway market growth.
The increasing level of complexity of modern application environments, such as hybrid and multi-cloud architectures, microservices, and containerization, may limit the growth of the application gateway market. It can be difficult to ensure smooth integration and effective management across different environments. Application gateways must meet these various access requirements while maintaining security and user experience to bolster the cybersecurity market.
Market Developments
- July 2023- Microsoft introduced Azure Application Gateway for Containers as a new SKU to the application gateway family. It provides application load balancing (layer-7) and exciting traffic management for operations running in a cluster of Kubernetes as well as pushing boundaries beyond current AGIC limits, with an application gateway for containers above 1400 backend pods and 100 listeners.
Company Products
- Layer7 API Gateways- Layer7 API Gateways are an adaptable, flexible, high-performance gateway that links most critical data and applications across any combination of cloud, container, and on-premises settings. It improves all critical security and management procedures, reduces developer workload, and offers the scale as well as integration required to support mobile-first companies and allow IoT.
- Solo.io Gloo Gateway- Gloo Gateway is a quick, Kubernetes-native API gateway loaded with features that IT operations teams require to provide a full lifecycle security plan for their cloud-native surroundings. It can process 353 million inquiries per day on a single CPU and can scale, with every single CPU performing 4,000 requests per second.
- MRI Application Gateway- The MRI Application Gateway makes it easier to access all the apps that businesses rely on every day. It serves as a single point of contact for your software ecosystem, which includes partner solutions and third-party applications.
Application Gateway Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 11.28% from 2022 to 2029 |
Base Year | 2022 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
Segmentation
- By Type
- HTTP
- HTTPS
- WebSocket
- Others
- By Method
- Single Sign-On Authentication
- Multi-Factor Authentication
- By Enterprise Size
- Small
- Medium
- Large
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- UK
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porter’s Five Force Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
4.6. Forward Proxy
5. APPLICATION GATEWAY MARKET BY TYPE
5.1. Introduction
5.2. HTTP
5.3. HTTPS
5.4. WebSocket
5.5. Others
6. APPLICATION GATEWAY MARKET BY METHOD
6.1. Introduction
6.2. Single Sign-On Authentication
6.3. Multi-Factor Authentication
7. APPLICATION GATEWAY MARKET BY ENTERPRISE SIZE
7.1. Introduction
7.2. Small
7.3. Medium
7.4. Large
8. APPLICATION GATEWAY MARKET BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. UK
8.4.3. France
8.4.4. Spain
8.4.5. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. South Korea
8.6.4. India
8.6.5. Australia
8.6.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisitions, Agreements, and Collaborations
10. COMPANY PROFILES
10.1. Microsoft
10.2. Amazon Web Service Inc.
10.3. CyberArk Software Ltd.
10.4. Broadcom Inc.
10.5. Kong Inc.
10.6. F5 Inc.
10.7. Solo.io, Inc.
10.8. MRI Software LLC
Microsoft
Amazon Web Service Inc.
CyberArk Software Ltd.
Broadcom Inc.
Kong Inc.
F5 Inc.
MRI Software LLC
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