DDoS Protection Market Expected to Reach $3.96 Billion by 2023ARBOR NETWORKS, AKAMAI TECHNOLOGIES, F5 NETWORKS, IMPERVA, RADWARE, CORERO NETWORK SECURITY, NEUSTAR, CLOUDFLARE

The DDoS protection market was valued at USD 1.04 billion in 2017, and is expected to reach USD 3.96 billion by 2023 at a CAGR of 20.31% during the forecast period (2018 - 2023). The DDoS protection market has been segmented based on deployment, which includes on-premise, cloud, hybrid, and by component into solution, services, professional services, and design and implementation. By organization size, the market has been segmented into small and medium enterprises (SMEs) and large enterprises. Based on applications, the market has been segmented into network, application, database, and endpoint. The end-user industry is limited to healthcare, defense & government, manufacturing, energy and utilities, healthcare, education, and retail. The regional landscape of the report includes North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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Increasing Instances of Sophisticated DDoS Attacks
Depending on the size and type of the organization, a DDoS attack can be from a small nuisance to something that can break a company's revenue stream and damage it permanently. Recent DDoS attacks include the record-breaking attack on code repository Github a few weeks ago. GitHub was taken offline for about 10 minutes by an attack that peaked at 1.35Tbps. According to DDoS protection outfit Arbor Networks, the US service provider survived an attack that reached an unprecedented 1.7Tbps. Such attacks are making the organization to be prepared by implementing DDOS protection, which is directly driving the market.

Key Recent Developments
February 2018: Brazil ranked fifth in the most targeted distributed denial of service (DDoS) attacks in 2017. Brazil has witnessed a total of 264,900, which is about 735 attacks per day and 30 events per hour last year, according to NETSCOUT Arbor. About 34.9% have originated in the country, followed by attacks originating in the US (30.3%), Canada (17.8%), and the UK (17.8%).

Major Players –
ARBOR NETWORKS, INC., AKAMAI TECHNOLOGIES, INC., F5 NETWORKS, INC., IMPERVA, RADWARE LTD, CORERO NETWORK SECURITY, INC., NEUSTAR, INC., CLOUDFLARE, INC., NEXUSGUARD LTD, AND DOSARREST INTERNET SECURITY LTD. amongst others.

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Increasing Adoption of DDOS Protection Services
With DDoS attacks growing in complexity and size, a company needs a DDoS protection service with a robust network and variety of mitigation techniques to thwart any attacks directed at the site. The best protection services are provided by Incapsula Enterprise, F5 Silverline DDoS Protection, and Arbor Cloud. The companies growing the global network and scrubbing capacities equip it with the size needed to thwart large-scale volumetric attacks. Combined with many data centers located across the world, the service is ready for the most advanced DDoS attacks. Companies host a plethora of mitigation techniques that intercept application layer, protocol, and volumetric attacks, IP blocking, rate limiting, automatic bot discernment, and more. While the services do not offer unlimited mitigation, one can use this protection service on-demand or always on, customizing it to fit the needs of a company. While DDoS protection services employ similar mitigation techniques to thwart attacks, they differ in price, deployment methods, and network size.

North America Holds the Largest Market Share
The presence of significant DDoS protection vendors and service providers, along with the early adoption trends for innovative technologies in the developed economies of the US and Canada drive the market in North America. The Asia-Pacific region is expected to be the fastest growing region in the DDoS protection market, owing to the rising adoption of these solutions and services across SMEs and large enterprises emerging in this region.

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