November 17, 2020

Distributed Denial of Service (DDoS) Protection and Mitigation Market Forecast 2020 – 2027

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.

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 by Application:

  • 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

o United States of America

o Canada

  • Asia Pacific

o China

o Japan

o India

o Rest of APAC

  • Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

  • RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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