Recently, IDC released their latest forecast and vendor share report of the "Worldwide Web Security 2013-2017 Forecast and 2012 Vendor Shares." According to IDC, the worldwide Web security market reached $2 billion in 2012. It's worthwhile to note that this is a highly competitive field with a lot of vendor offerings in this space.
And why? Because Web security plays an important role in any organizations' "defense in depth" posture. As IDC defines it, Web security includes such products as URL filtering, web antimalware, web application firewalls (WAF), and web content filtering products. For Fortinet, this represents the FortiWeb (Web Application Firewalls) product lines.
Granted, the FortiGate family of products also provides URL filtering and web filtering, however these are not included in IDC's Web security market share analysis, (instead, they are included in IDC's Network security reports).
Web application firewalls (WAFs) are specialized security appliances that protect web servers from cross-site scripting attacks (XSS), SQL Injections and other attacks. As well, for retailers and others who deal with payment card data, a WAF may be necessary for PCI DSS compliance.
What really stands out is Fortinet's growth in this space. Although Fortinet is best known as a UTM and next-generation firewall vendor, what many have discovered is Fortinet's security prowess extends to web application firewalls, too. And, according to IDC's Web security market numbers, Fortinet had the most year-over-year growth in this space - over 70%! That type of growth doesn't happen by luck or chance.
Bottom line, web-based applications are changing organizations and business models as we know it (think of the $14+ billion Software as a Service - SaaS market). As hackers and cyber-criminals continue to target web servers, the need for WAFs will only increase.