DDoS Protection Market categorizes the global market by component as solution, and service, by application area as network, application, database, and endpoint, by deployment mode, and by region.
Seattle, WA -- (SBWIRE) -- 05/15/2017 -- The DDoS protection solutions and services help to offer protection on endpoints from advanced and sophisticated DDoS attacks. Moreover, increasing demand from Small and Medium Enterprises (SMEs) operating across diverse industry verticals and regions is expected to drive the market growth during the forecast period.
Download PDF Brochure- http://www.marketsandmarkets.com/pdfdownload.asp?id=111952874
The application layer segment to play a key role in the DDoS protection market
The application layer, also known as the layer 7, segment is projected to grow at the highest CAGR during the forecast period, due to increasing instances of DDoS attacks on the layer of an website or an application, owing to the criticality of its function and features in an enterprise. Rise in Bring Your Own Device (BYOD) and increasing penetration of Internet of Things (IoT) technologies across organizations operating in various indusrty verticals is triggering growth in the DDoS protection market.
The network layer, also known as the Level 3/4 attacks, segment is also expected to witness significant growth in the DDoS protection market from 2016 to 2021, due to growing instances on advanced DDoS attacks on the network or the transport layer. Such attacks target servers and networks and consume its available resources, disrupting its productive functioning.
Request For Sample Pages- http://www.marketsandmarkets.com/requestsample.asp?id=111952874
The Banking, Financial Services, and Insurance (BFSI) vertical expected to play a significant role in the DDoS protection market
The BFSI industry vertical is expected to contribute the largest market share in the DDoS protection market, due to increasing digitization in banking operations and rise in the number of government regulations on banking and financial transactions. Moreover, there has been a steep rise in the number of DDoS attacks on banking networks, applications, and databases, affecting the smooth operation of the banking sector.
The healthcare sector is expected to grow at the highest CAGR from 2016 to 2021, in the DDoS protection market, due to the technological proliferation, introduction of IoT in healthcare sector and a subsequent rise in the number of DDoS attacks in the sector. Adoption of DDoS protection solutions and services in healthcare brings protection from advanced DDoS attacks without affecting the operational effectiveness, thus driving the demand.
North America expected to contribute the largest market share, whereas APAC is expected to grow the fastest
North America is expected to have the largest market share and dominate the DDoS protection market from 2016 to 2021, due to the presence of large number of DDoS protection solution vendors and early innovative technology adopters across the U.S. and Canada. APAC offers high growth opportunities in the DDoS protection market, as there exists an extensive presence of SMEs that are turning towards DDoS protection solutions to proficiently safeguard their business processes, particularly in developing countries such as India, China, and Singapore.
The major vendors in the DDoS protection market include Arbor Networks, Inc. (U.S.), Akamai Technologies, Inc. (U.S.), F5 Networks (U.S.), Imperva, Inc. (U.S.), Radware, Ltd. (Israel), Corero Network Security, Inc. (U.S.), Neustar, Inc. (U.S.), Cloudflare, Inc. (U.S.), Nexusguard, Ltd. (U.S.), and DOSarrest Internet Security, Ltd. (Canada).
For More Info - http://www.marketsandmarkets.com/Market-Reports/ddos-protection-mitigation-market-111952874.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets