New York, NY -- (SBWIRE) -- 07/31/2019 -- It evaluates the data gathered to give an extensive view of the trends and predicts the possible prospects in the forecast period. For this study, the historical data has been collected from the years 2016 and 2017 while considering 2018 as the base year to estimate the growth of the industry in the years 2019 to 2026.
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The DDoS Protection and Mitigation Market is expected to cross USD 2.5 billion by the end of 2019 and is expected to grow with a CAGR of about 17% from 2019 to 2025. DDoS is a cyber-attack, carried out hackers or cyber-terrorists, that makes a machine or a network resource inaccessible to the intended users by temporarily or uncertainly disrupting the services provided by the host connected to the internet. This is accomplished by flooding the host machine by numerable requests to overload the system and prevent legitimate access, and in doing so, potentially harm valuable data. In DDoS, the numerable requests are flooded in from multiple sources; hence, merely closing one source does not help.
Small and Medium-sized Enterprises (SMEs) segment are set to grow at an accelerated pace during the predicted time, as they have become the key targets. The increase in the frequency, size, and advancements of DDoS, along with easy accessibility, is a major driver of the DDoS Protection and Mitigation sector. Moreover, the increase in the use of mobile devices and the inclusion of IoT will also impel industry growth. While, the rising cost of the DDoS protection services, the need for updating the security services and its maintenance will be a significant hindrance.
Some key findings from our DDoS Protection and Mitigation Market Forecast
The report provides an analysis of the DDoS Protection and Mitigation business to foretell its future developments. The historical data is considered from the years 2016 and 2017 while taking 2018 as the base year to estimate the trends in the years 2019 to 2026. Services offered by DDoS protection and mitigation services will help to safeguard websites, networks, and layer 3 and layer 7 threats. The industry has been categorized into different segments based on Type Component by Hardware Solutions, Software Solutions, and Services; Application Area, i.e., Network, Application, Database, and Endpoint; and Deployment Mode by On-premises, Cloud. The report further segments the industry based on Organization Size by Small, Medium, Large and Verticals by Media and entertainment sector, BFSI, healthcare sector, transportation, public sector, manufacturing sector, retail sector, IT & Telecom sector, energy & utilities, and others.
The report assesses the market by size, share, demand, trends, gross profit, total earnings, and revenue to speculate its further growth. This study also evaluates the competition in the business to derive the individual placements of the key players in the global sector. The document outlines those sectors that are expected to undergo substantial improvement in the upcoming years to aid the readers in deciphering the most profitable ones for their business. By doing so, it also highlights the possible areas of the business that exhibit significant potential for better prospects and investment.
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Global DDoS Protection and Mitigation Market overview:
The DDoS Protection and Mitigation Market is expected to grow steadily in the forecasted years. Currently, North America owns the majority of the market share, while, Asia-Pacific is expected to expand the most in the forthcoming years. The other geographical regions covered in this study are Europe, the Middle East and Africa, and Latin America. This study also profiles the major key players in the DDoS Protection and Mitigation Market, which include NETSCOUT (US), Akamai Technologies, Imperva, Radware, Corero Network Security, Cloudflare, Link11, Nexusguard, and others. This study offers an all-encompassing outlook of the global landscape of DDoS Protection and Mitigation market place to guide the investors in making well-informed executive decisions.
The top players in the DDoS market include:
- 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)
- StackPath, (US)
- NSFOCUS (US)
- Seceon (US).
Market segment based on component
- Hardware Solutions
- Software Solutions
- Services
Market segment based on application
- Network
- Application
- Database
- Endpoint
Market segment based on deployment
- On-premises
- Cloud
Market segment based on the organization size
- Small enterprise
- Medium enterprise
- Large enterprise
Market segment based on vertical
- Media and entertainment sector
- BFSI
- Healthcare sector
- Transportation
- Public sector
- Manufacturing sector
- Retail sector
- IT & Telecom sector
- Energy & utilities
- and others
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Market segment based on Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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