Cloudflare's 15-minute chart shows RSI overbought, narrowing Bollinger Bands.

Cloudflare's 15-minute chart has triggered an overbought RSI and narrowing Bollinger Bands at 08/28/2025 14:15. This indicates that the stock price has risen too quickly and is outpacing its fundamental support, while the magnitude of price fluctuations is decreasing.

The North America Web Application Firewall (WAF) market is poised for robust growth, as evidenced by the latest report from ResearchAndMarkets.com [1]. The market is expected to expand significantly, rising from USD 2.13 billion in 2024 to USD 6.65 billion by 2033, with a compound annual growth rate (CAGR) of 13.5% [1].

Several factors are driving this growth. Increased cybersecurity threats, including ransomware, phishing, and DDoS attacks, have led to a surge in demand for WAF solutions. The proliferation of online retailing, digital banking, and telemedicine services has also driven the need for robust web application security. Additionally, stringent data protection regulations such as the California Consumer Privacy Act (CCPA) and HIPAA are compelling organizations to invest in WAFs to avoid legal consequences [1].

Key players in the market include Akamai Technologies, Cloudflare Inc., Qualys Inc., F5 Inc., Fortinet Inc., Radware Ltd., Microsoft Corporation, and Barracuda Networks, Inc. These companies offer a range of WAF solutions, from on-premise to cloud-hosted, catering to various industry verticals such as retail, finance, healthcare, and government [1].

However, the market faces challenges, including high implementation and maintenance costs, particularly for small and medium-sized enterprises (SMBs). Complex integration with legacy systems is another hurdle, as many North American businesses have older IT infrastructure. These challenges may hinder the market's expansion, particularly in traditional sectors [1].

In conclusion, the North America WAF market is experiencing significant growth driven by cybersecurity threats, the rise of digital services, and stringent data protection regulations. Despite challenges related to costs and integration, the market is expected to continue its upward trajectory.

References:
[1] https://markets.financialcontent.com/stocks/article/bizwire-2025-8-25-north-america-web-application-firewall-market-growth-trends-and-forecast-report-2025-2033-featuring-akamai-cloudflare-qualys-f5-fortinet-radware-microsoft-barracuda-networks-researchandmarketscom