IDC: The scale of China's WAF hardware market in 2024 is expected to be 1.38 billion yuan, a year-on-year growth of 1.9%

IDC data shows that the market size of WAF hardware in China will reach RMB 1.38 billion in 2024, reflecting a year-on-year growth of 1.9% compared to 2023. In terms of market share, the main players in this market include NSFOCUS, Longbridge, DAS-Security, Qihoo 360, and Webray. For more details, see the chart below: The market size of cloud WAF (public cloud + private cloud) in China will be RMB 2.55 billion in 2024, achieving a year-on-year growth of 5.9% compared to 2023. The main players in this market include Alibaba Cloud, Huawei Cloud, China Telecom, Tencent Cloud, and China Mobile. For more details, see the chart below: Due to the significant differences in the main players of network security in the two different cloud environments of public cloud and private cloud in China, this report further segments the market size and main players of cloud WAF in both cloud environments. The specific situation is shown in the chart below: