Chan Ye Xin Xi Wang·2025-09-11 01:15Core Insights - Cloud WAF has become a crucial component in the web application security landscape, providing essential protection against various network threats and is increasingly favored by cloud tenants in China [1][4][5] - The Chinese cloud WAF market is projected to reach 1.95 billion yuan in 2024, reflecting a year-on-year growth of 24.2% [4][5] - Major application sectors for cloud WAF include internet services, finance, and government, with emerging demand from online education and healthcare [5][6] Cloud WAF Industry Overview - WAF, or Web Application Firewall, is designed to protect web applications by executing security policies against HTTP/HTTPS traffic, effectively identifying and filtering malicious traffic [2][3] - Cloud WAF offers significant advantages over traditional WAF, including elastic scalability, efficient protection, simplified deployment, and intelligent learning capabilities [4][5] Cloud WAF Market Size and Growth - The Chinese cloud WAF market is expected to grow to 1.95 billion yuan by 2024, with a 24.2% increase from the previous year [4][5] - Global web attacks are projected to reach 311 billion in 2024, with a 33% annual increase, highlighting the growing need for effective web application security solutions [4][5] Cloud WAF Application Structure - In 2024, the internet services sector will account for 23.1% of cloud WAF demand, followed by finance at 22.6% and government at 20.4% [5][6] - The financial sector is particularly targeted due to the handling of sensitive data, making real-time threat detection and defense critical [5][6] Cloud WAF Competitive Landscape - Major players in the cloud WAF market include Alibaba Cloud, Huawei Cloud, China Telecom, Tencent Cloud, and China Mobile, collectively holding nearly 70% of the market share in 2024 [7][9] - Alibaba Cloud leads the market with a 21.4% share, followed by Huawei Cloud at 15.5%, China Telecom at 11.9%, Tencent Cloud at 11.2%, and China Mobile at 8.4% [7][9] Future Trends in Cloud WAF - The integration of cloud WAF with GenAI is anticipated to enhance security defenses against advanced threats [13] - Cloud WAF services are evolving towards comprehensive Web Application and API Protection (WAAP) platforms, indicating a shift towards more sophisticated and automated security solutions [14] - The emergence of large model security, such as LLM-WAF, is expected to become a significant growth area in the WAF market [15][16]