DDoS Protection Market Latest Trends, Technology Advancement and Demand 2021 to 2025

The DDoS Protection Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The DDOS Protection Market was valued at USD 2.40 billion in 2019 and is expected to reach USD 9.10 billion by 2025, at a CAGR of 24.9% over the forecast period 2020 - 2025.

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Top Leading Companies of Global DDoS Protection Market are Arbor Networks Inc. (NetScout Systems Inc.), Akamai Technologies Inc., F5 Networks Inc., Imperva, Radware Ltd, Corero Network Security Inc., Neustar Inc., Cloudflare Inc., Nexusguard Ltd, Dosarrest Internet Security Ltd and others.

Industry News and Updates:

- April 2018 - Consolidated Communications Holdings, Inc. launched its Distributed Denial of Service Mitigation solution. The solution offers customers robust reporting and analytics, and a view of traffic trends and potential threats, with the network intelligence to take corrective action before any organization’s infrastructure is impacted.
- December 2017 - Neustar Inc. launched SiteProtect NG, its new solution to protect brands against DDoS (distributed denial of service) attacks. This DDoS mitigation solution is designed to meet the security requirements of all brands, on-premise and in the cloud, to deal with the next generation of cyber threats.

Key Market Trends:

BFSI is Expected to Hold a Significant Share

- The BFSI sector is one of the critical infrastructure segment that suffers several data breaches and cyber attacks, owing to the large customer base that the industry serves and the financial information that is at stake.
- The financial service institutions have been identified to be four times more susceptible to cyber attacks, as compared to other industries, which is expected to drive the demand for such solutions.
- DDoS attacks can make banking websites unavailable resulting in reputation damage, lost revenues and a loss in customer confidence. In 2017, Lloyds Bank suffered a distributed denial of service attack that has knocked its online services offline. The BFSI sector has faced the highest attacks in 2017, having faced attacks which are significantly higher than other industries.
- Thus, the continuation of this trend in the upcoming years is set to fuel the adoption of DDoS protection solutions in the BFSI sector.

North America is Expected to Hold Major Share

- Companies in the region have witnessed significant DDoS attacks in recent years, which has resulted in tremendous awareness related to protection solutions, which in turn is expected to drive the market.
- In 2017, the US Departments of Commerce and Homeland Security released a draft report on enhancing resilience against botnets. It aims to strengthen the cybersecurity of government networks and critical infrastructure. Thus, the implementation of its recommendations is set to propel the demand for DDoS protection solutions in government infrastructure.
- The United States also accounts for the origination for 30% of the global DDoS attacks, which is likely to increase attacks against the country’s end-user industries, further driving the demand for DDoS protections solutions.

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Highlights of the DDoS Protection Market Report:

– Detailed overview of DDoS Protection Market
– Changing the DDoS Protection market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected DDoS Protection market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of DDoS Protection Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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