Application Gateway Market 2024-2028: Size and Privacy and security concerns; growth driven by the End-user, Some of key Companies Positioned Strategically

The application gateway market size by End-user (Large enterprises and SMEs) and Geography (North America, Europe, APAC, Middle East and Africa, and South America), is forecast to increase by USD 1038.2 million. The market is expected to grow at a CAGR of   8.51% between 2024 and 2028.

• In the Application Gateway Market, privacy and security are paramount concerns. The vulnerability of consumer data during online transactions poses significant risks, including identity theft and unauthorized access to personal bank accounts. Furthermore, the collection and utilization of customer data for marketing purposes raises privacy concerns. E-tailing vendors often use this data to send notifications, while mobile service providers gather information through cookies for targeted advertising. However, many consumers express opposition to the use of their personal data in this manner, necessitating robust data protection measures to maintain trust and compliance.
• The Application Gateway market is experiencing significant growth due to the increasing demand for secure and efficient application delivery. This solution provides businesses with advanced security features, including web application firewall and secure sockets layer/transport layer security, ensuring data protection. Additionally, Application Gateway enables traffic management and load balancing, enhancing application performance and availability. These benefits make it an essential component for digital transformation initiatives.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Aculab Plc
• Akamai Technologies Inc.
• Alphabet Inc.
• Amazon.com Inc.
• Cisco Systems Inc.
• Citrix Systems Inc.
• Cognizant Technology Solutions Corp.
• CyberArk Software Ltd.
• F5 Inc.
• Forcepoint LLC
• Imperva Inc.
• International Business Machines Corp.
• Kemp Technologies Inc.
• Microsoft Corp.
• Oracle Corp.
• Orange SA
• Wipro Ltd.
• Zscaler Inc.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/