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Rising Internet of Things (IoT) and cryptocurrency-focused DDoS threats and growing in various multi-vector DDoS attacks are the major factor that are driving the demand of the Distributed Denial of Service (DDoS) Protection and Mitigation market.
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Distributed Denial of Service (DDoS) Protection and Mitigation Market Distributed Denial of Service (DDoS) Protection and Mitigation Market by Component (Hardware, Software and Services), By Deployment Type (On- Premises and Cloud), By Organization Size (Small and Medium-sized Enterprises, Large Enterprises), (Network Security, Application Security, Database Security and Endpoint Security) and By Vertical Telecommunication, Government and Healthcare and Others) and by Geography – Opportunities and Forecast 2020-2027 By Application (BFSI, Manufacturing, Defence, IT and Retail, GMI Research GMI Research See the Future Insights 1
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth. The report offers detailed profile and data information analysis of the leading companies in the Distributed Denial of Service (DDoS) Protection and Mitigation Market: •NETSCOUT Systems, Inc. •Radware Ltd •Akamai Technologies, Inc. •Huawei Technologies Co., Ltd. •Fortinet •Link11 •Imperva •Cloudflare, Inc. •Verisign, Inc. •A10 Networks The key drivers of the Distributed Denial of Service (DDoS) Protection and Mitigation Market are as follows: Rising Internet of Things (IoT) and cryptocurrency-focused DDoS threats and growing in various multi-vector DDoS attacks are the major factor that are driving the demand of the Distributed Denial of Service (DDoS) Protection and Mitigation market. For example, as per Cloudflare, the financial cost of DDoS attacks to the organization is about USD 100,000 per hour. Moreover, the rising need to lower the frequency, size, and advancement in DDoS attacks is growing the demand for Distributed Denial of Service (DDoS) Protection and Mitigation solution in the upcoming years. Furthermore, increasing awareness of Distributed Denial of Service (DDoS) Protection and Mitigation solution for protecting the organization's network while securing data and information are other factors bolstering the market growth. 2
The rising concerns among organizations regarding the loss of productivity and goodwill are mainly due to the DDoS attacks. This factor has encouraged them towards the deployment of DDoS protection services. The Distributed Denial-of-service (DDoS) protection market is growing at a significant rate due to the surging number of smartphones and emergence of the Internet of Things (IoT), which has encouraged the service providers to update their existing security defense systems by deploying new sophisticated solutions offered by the vendors. On the other hand, the high budget and availability of free and pirated Distributed Denial of Service (DDoS) Protection and Mitigation are hampering the market growth. The study objectives of this report are: 1.To study and forecast the size of the market. 2.To analyze the key players, SWOT analysis, value, and market share for the leading players. 3.To define, describe, and forecast the market by different segments. 4.To analyze the market potential and advantage, opportunity and challenge, restraints and risks. Segmentation of the Distributed Denial of Service (DDoS) Protection and Mitigation Market: Breakup by Component: •Hardware •Software •Service Breakup by Deployment: •On-Cloud •On-Premises Breakup by Organisation Size: •Small and Medium- sized Enterprises •Large Enterprises Breakup byApplication: 3
•Network Security •Application Security •Database Security •Endpoint Security Breakup by Vertical: •BFSI •IT and Telecommunication •Manufacturing •Government and Defence •Retail •Healthcare •Others Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 4
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