DDoS Protection & Mitigation: Global Market Forecast to 2023 - A $4.1 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “DDoS Protection and Mitigation Market by Component, Application Area, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The report forecasts the global DDoS protection and mitigation market size to grow from USD 1.94 Billion in 2018 to USD 4.1 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period.
The rise in DDoS attacks will drive the market for DDoS protection and mitigation solutions and services. Hardware DDoS protection and mitigation solutions are gaining traction, as they are capable of mitigating large network-based DDoS attacks or floods, reflective amplified spoof attacks, and application layer attacks. Additionally, these DDoS hardware solutions ensure network connectivity and eliminate the downtime, in case of power or equipment failures during maintenance.
The hybrid deployment mode is gaining a high traction in the market, as mitigating all DDoS attacks is challenging.
To ensure each node of organizations’ infrastructure is protected, the DDoS protection and mitigation market is classified into application areas that include network, application, database, and endpoint. The application segment is expected to grow at the highest CAGR and hold the largest market share during the forecast period.
North America is estimated to hold the largest market size in 2018. This can be attributed to the concentrated presence of DDoS protection and mitigation solution providers who offer such solutions to various industry verticals in the region.
Furthermore, a rapid economic growth in the developing countries and the improving regulatory reforms and economic stability are driving the DDoS protection and mitigation market growth in Asia Pacific (APAC).
In Latin America, the industry verticals such as energy and utilities, government and defense, BFSI, manufacturing, healthcare, and retail are expected to increase their investments and adopt DDoS protection and mitigation solutions and services.
Key Topics Covered1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 DDoS Protection and Mitigation Market, By Component
7 DDoS Protection and Mitigation Market, By Application Area
8 DDoS Protection and Mitigation Market, By Deployment Mode
9 DDoS Protection and Mitigation Market, By Organization Size
10 DDoS Protection and Mitigation Market, By Industry Vertical
11 DDoS Protection and Mitigation Market, By Region
12 Competitive Landscape
13 Company ProfilesA10 NetworksAkamai TechnologiesAllotArbor NetworksCenturylinkCloudflareCorero Network SecurityCorsa TechnologyDosarrest Internet SecurityF5 NetworksFlowmon NetworksFortinetHuawei TechnologiesImpervaNeustarNexusguardNSFocusRackspaceRadwareSeceonSitelockStackpathSucuriVerisignZenedge
For more information about this report visit https://www.researchandmarkets.com/research/pt9qxc/ddos_protection?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005620/en/
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SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/09/2018 07:43 AM/DISC: 10/09/2018 07:43 AM