From GlobeNewswire: 2025-05-08 10:00:00

The Application Gateway Market was valued at USD 2.35 billion in 2023, projected to reach USD 5.62 billion by 2032 with a CAGR of 10.2%. Major players include Akamai, Barracuda Networks, and Microsoft. The market is driven by the demand for secure cloud-based solutions for network traffic control and application access.

In the U.S., the Application Gateway Market was valued at USD 0.56 billion in 2023, expected to reach USD 1.21 billion by 2032 with a CAGR of 8.96%. This growth is fueled by the need for secure web application delivery solutions as organizations adopt cloud services and IoT, emphasizing cybersecurity and compliance regulations.

The Solution segment leads the Application Gateway Market with 63% market share in 2023, driven by demand for web traffic management and security features. The Services segment is expected to grow at a CAGR of 11.04% from 2024 to 2032 due to increased demand for consulting and deployment services for application gateway systems.

Large enterprises dominate the Application Gateway Market with 57% market share in 2023, requiring high-performance solutions to protect critical applications and data. SMEs are expected to grow at a CAGR of 11.0% through 2032, driven by digitalization and rising cybersecurity threats, opting for affordable and scalable application gateway solutions.

The IT & Telecommunication segment led the Application Gateway Market in 2023, driven by demand for secure network infrastructure. The BFSI segment is projected to grow at the fastest CAGR of 11.26%, leveraging AI-driven application gateways to combat cybersecurity threats and ensure secure digitization. Vendors like Citrix, AWS, and Fortinet are developing customized solutions for the BFSI sector. North America led the Application Gateway Market in 2023, with 38% share, driven by cybersecurity concerns and cloud adoption. The Asia Pacific region is expected to grow at a CAGR of 11.58% through 2032, fueled by digitalization and cyber threats.



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