Application Gateway Market - Current Scenario of the Market and Potential of the Market from 2020-2023


Posted August 28, 2020 by mandar

The global application gateway market has been segmented based on component, organization size, vertical, and region/country.
 
Market Highlights

The global application gateway market has been segmented based on component, organization size, vertical, and region/country.

By component, the global application gateway market has been divided into solution and services. The market size of services is expected to have a higher growth rate during the forecast period.

Based on organization size, the global application gateway market has been divided into small- and medium-sized enterprise (SME) and large enterprise. The small- and medium-sized enterprise (SME) are expected to register a higher CAGR during the forecast period.

Get free sample of report @ https://www.marketresearchfuture.com/sample_request/8684

On the basis of vertical, the global application gateway market has been divided into BFSI, manufacturing, government, IT & telecommunication, retail, healthcare, others. The BFSI segment is expected to have the highest growth rate in the years to come.

Key Players

According to MRFR analysis, Microsoft Corporation (US), F5 Networks Inc (US), Forcepoint (US), Akamai (US), Barracuda Networks (US), Orange S.A. (France), SAP SE (Germany), Palo Alto Networks, Inc. (US), Imperva (US), Kemp Technologies, Inc. (US), Citrix Systems, Inc (US), Zscaler, Inc. (US), Snapt (US), Avi Networks (US) and Aculab (US) are the key players in the global application gateway market.

Regional Analysis

The global application gateway market is expected to register a CAGR of 11.2 % during the forecast period and reach a value of USD 3.13 billion in 2025. The geographic analysis of the market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is expected to be the dominating region in terms of the adoption of application gateway solutions and services. The North American market has been segmented into the US, Canada, and Mexico. The US is the leading country-level market, while Canada is projected to be the fastest-growing segment during the forecast period. Also, the presence of key players is expected to be one of the major factors driving the growth of the market. Key players such as Microsoft Corporation, Palo Alto Networks, Inc, Forcepoint, F5 Networks Inc, Avi Networks, and Aculab along with several startups in the region offer enhanced application gateway solutions and services to cater to the needs of enterprises across verticals.

Get full report @ https://www.marketresearchfuture.com/reports/application-gateway-market-8684

For the purpose of analysis, the European market has been divided into the UK, Germany, France, and the rest of Europe. In terms of market size, Europe is expected to be the second-largest region. The UK is projected to be the leading country-level market, while Germany expected to register the highest growth over the review period. The growing number of connected devices and digital transformation in the region is the main factor that has led to high adoption of application gateway solutions and services in the market.

The market in Asia-Pacific is projected to register the fastest rate over the forecast period, with the regional market being segmented into China, Japan, India, and the rest of Asia-Pacific. The demand for these solutions and services is the highest in China. China follows stringent laws and regulations regarding information security that has increased the adoption of application gateways. The rapid economic growth in other countries such as Australia, India, and the rapid digital transformation of enterprises across verticals are the key factors driving the growth of the application gateways market in the region. The growing need for infrastructure and network security among the mid-sized businesses in this region offer lucrative opportunities for application gateway solution and service providers.

The market in the Middle East & Africa and South America have started adopting these services recently. The region has witnessed high technology adoption in the countries such as Saudi Arabia, the UAE and others. Further, various enterprises from BFSI and telecom and IT industries have started adopting application gateway solutions in this region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Phone 06468459312
Business Address Market Research Future, +1 646 845 9312, Email: [email protected],
Country India
Categories Business , Semiconductors , Technology
Tags application gateway market
Last Updated August 28, 2020