DDoS Protection and Mitigation Market by Solutions & Services - 2024 | MarketsandMarkets
[176 Pages Report] DDoS protection and mitigation market size, analysis, trends, & forecasts. The global market for DDoS protection and mitigation categorized by hardware solutions, software solutions, services, application area, deployment mode, organization size, vertical, and region.

According to market research report "DDoS Protectionand Mitigation Market by Component (Hardware Solutions, SoftwareSolutions, and Services), Application Area (Network, Application, Database, andEndpoint), Deployment Mode, Organization Size, Vertical, and Region - GlobalForecast to 2024", publishedby MarketsandMarkets, The Distributed Denial of Service (DDoS) protection andmitigation market size is expected to grow from USD 2.4 billion in 2019 to USD4.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.0% duringthe forecast period.

The DDoSprotection and mitigation market is gaining traction due to the rise inmulti-vector DDoS attacks that cause traffic congestion by flooding networkswith numerous illegitimate network packets. The major forces driving the DDoSprotection and mitigation market are, easy availability of DDoS-for-hireservices, high demand for cloud-based and hybrid DDoS protection and mitigationsolutions and rise in the number of Internet of Things (IoT) devices. The highdemand for DDoS protection and mitigation solutions among the gaming sector isexpected to drive the DDoS protection and mitigation market over the next 5years.

Browse andin-depth TOC on “DDoS Protection and Mitigation Market

82 - Tables                                             

50- Figures

176- Pages   


Ask For PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111952874

Services segment to playa key role in the DDoS protection and mitigation market

The services segment is expected to play a vital role inchanging the DDoS protection and mitigation market landscape and grow at thehighest CAGR during the forecast period. Services offered by the DDoSprotection and mitigation vendors are classified into professional and managedservices. The rise in the demand for DDoS services is due to the need toprotect websites, networks, and critical infrastructure devices, as well as, toreduce the downtime and business risks. Cyberattacks on websites are increasingat an alarming rate and have compelled organizations to adopt robust securityservices for addressing risks in the continuously evolving threat landscape.Services offered by DDoS protection and mitigation vendors help safeguardwebsites, networks, and layer 3 and layer 7 threats.

Small and Medium-sized Enterprises (SMEs) segment to grow at thefastest rate during the forecast period

In the DDoS protection and mitigation market, SMEs areexpected to be the fastest-growing segment, as these enterprises have becomethe key targets for cyber terrorists or hacktivists. SMEs need to appraisetheir security systems to effectively close the gaps that slowdown theperformance of their servers. Hence, it has become essential for SMEs toincorporate DDoS protection techniques, such as scrubbing services, BorderGateway Protocol (BGP), routing, sinkholing, null routing, and Domain NameServer (DNS) routing.

Speak To Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=111952874

Asia Pacific (APAC) to grow at the highest CAGR during theforecast period

Themarket in APAC is expected to grow at the highest CAGR between 2019 and 2024. Theprimary forces driving this growth are increasing technology adoption, hugeopportunities across the government and public sector, and an increase in thenumber of startups in APAC countries, especially India. In recent years, theAPAC region has undergone tremendous economic growth, politicaltransformations, and social changes. The region has a large number ofestablished SMEs, which are growing at an exponential rate to cater to theirlarge customer base. Due to the increasing sophistication levels of threats,countries such as China, India, and Japan have all updated or introduced newnational cybersecurity policies.

Thereport encompasses the different strategies, such as mergers and acquisitions,partnerships and collaborations, business expansions, and product developments,adopted by the major players to increase their market share. Some of the majortechnology vendors in the DDoS protection and mitigation are NETSCOUT (US);Akamai Technologies (US); Imperva (US); Radware (Israel); Corero Network Security(US); Cloudflare (US); Link11 (Germany), Nexusguard (Hong Kong); A10 Networks,(US); Fortinet (US); Huawei Technologies (China); Verisign (US); Sucuri (US);SiteLock (US); Flowmon Networks (Czech Republic); StackPath, (US); DOSarrestInternet Security (Canada); NSFOCUS (US); and Seceon (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on30,000 high growth niche opportunities/threats which will impact 70% to 80% ofworldwide companies’ revenues. Currently servicing 7500 customers worldwideincluding 80% of global Fortune 1000 companies as clients. Almost 75,000 topofficers across eight industries worldwide approach MarketsandMarkets™ fortheir painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™are tracking global high growth markets following the "Growth EngagementModel – GEM". The GEM aims at proactive collaboration with the clients toidentify new opportunities, identify most important customers, write"Attack, avoid and defend" strategies, identify sources of incrementalrevenues for both the company and its competitors. MarketsandMarkets™ nowcoming up with 1,500 MicroQuadrants (Positioning top players across leaders,emerging companies, innovators, strategic players) annually in high growthemerging segments. MarketsandMarkets™ is determined to benefit more than 10,000companies this year for their revenue planning and help them take theirinnovations/disruptions early to the market by providing them research ahead ofthe curve.

MarketsandMarkets’s flagship competitive intelligence andmarket research platform, "Knowledgestore" connects over 200,000markets and entire value chains for deeper understanding of the unmet insightsalong with market sizing and forecasts of niche markets.

Contact:
Mr. AashishMehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
Content Source: https://www.marketsandmarkets.com/PressReleases/ddos-protection-mitigation.asp
Report: https://www.marketsandmarkets.com/Market-Reports/ddos-protection-mitigation-market-111952874.html

 

 

YOUR REACTION?

Disqus Conversations