DDoS Protection and Mitigation Solution Market Size, Share & Industry Analysis, By Component (Software, Services), By Deployment (Cloud-based, On-premises, Hybrid), By Enterprise Size (Small and Medium Sized Enterprises, Large Enterprises), By Industry (Manufacturing, Government and Defense, Energy and Utilities, Transportation and Logistics) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102917 | Status : Ongoing

KEY MARKET INSIGHTS

DDoS protection and mitigation solution support to protect network or server from a distributed-denial-of-service (DDoS) attack.There is higher demand for DDoS solutions in the market, major solution providers are introducing advanced and hybrid deployment solutions for the small and medium enterprise. Rising adoption of Internet of Things (IoT) technology, mobile devices, routers, IP camera among others, to protect devices from attack demand for DDos aatack solution is anticipated to surge in coming years.

Key Market Driver -

• Increase in number of attacks have surged the adoption of DDoS protection and Mitigation solution

Key Market Restraint -

• Easy access to pirated solutions hinder market growth

Key Players Covered:

Some of the key players in the DDoS protection and mitigation solution market are Flowmon Networks a.s., F5 Inc., Corero Network Security Inc., Fortinet, Inc., Radware, Akamai Technologies, Imperva and others.

In January 2018, Flowmon Networks a.s. partnered with F5 Inc. This partnership offered automated DDoS protection solution to enterprises and service providers. This joined venture will help the service providers against multi-vector DDoS attacks and protect customers business. The solution offers DDoS detection capabilities with mitigation of F5’s BIG-IP® platform with complete automation.

Regional Analysis

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North America is expected have major market revenue share in DDoS protection and mitigation market. The presence of the DDoS security vendors and service providers in North America. Rise in cyber threats, need for critical infrastructure security in the country, increased transfer of data and online transactions has urged the adoption of these security solutions in this region.

The adoption of these technologies in Middle East has expected to growth highest CAGR in the forecast period.

Asia Pacific is expected to show a substantial growth rate in this maket. For e.g. In March 2018, China Unicom (Hong Kong) Limited and Genie Networks Ltd have launched GenieATM systems to build its largest DDoS protection and mitigation system.

Segmentation

ATTRIBUTE	DETAILS
By Component	Software Services
By Deployment	Cloud-based On-premises Hybrid
By Enterprise Size	Small and Medium Sized Enterprises Large Enterprises
By Industry	Manufacturing Government and Defense Energy and Utilities Transportation and Logistics Retail Education IT and Telecommunications Others
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Scandinavia and Rest of Europe) Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific) Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa) Latin America (Brazil, Mexico and Rest of Latin America)

Key Industry Developments

May 2019 - NSFOCUS launched its 7Tbps Cloud Distribution DDoS Protection. This will help organisations to survive the DDoS attacks irrespective its durations, size, and complexity. This protection solutions caters to service providers, data center customers and gaming providers to secure their digital presence against downtime and DDoS attacks. It will assist the customers to enjoy quality and uninterrupted online interactions. NSFOCUS has expanded its global presence by addition of best DDoS mitigation services for customers in Asia Pacific region.

March 2019 - Continent 8 Technologies Plc launched its new Cloud WAF product which is powered by Fortinet Cloud by Fortinet, Inc. CONTINENT 8 TECHNOLOGIES PLC provides Fortinet’s WAF-as-a-service technology. By adding this WAF technology to its portfolio Continent 8 Technologies Plc delivers web application, API and DDoS security at a global scale.

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DDoS Protection and Mitigation Solution Market Report

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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