Distributed Denial Of Service (DDoS) Protection Market Growth, Trends, Outlook and Forecast 2022-2030 | CAGR 15.3%

The Global Distributed Denial Of Service (DDoS) Protection Market was valued at USD 1,375.6 Mn In 2022, At A CAGR Of 15.3% From 2022 To 2030.

Distributed Denial Of Service (DDoS) Protection Market Overview:

Global Distributed Denial Of Service (DDoS) Protection Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Distributed Denial Of Service (DDoS) Protection Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Distributed Denial Of Service (DDoS) Protection market size, potential growth, trends and expansion strategies followed by top prominent players.

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Growth of Distributed Denial of Service (DDoS) threat due to increasing internet connectivity among numerous devices ranging from mobile phones to IoT devices is expected to fuel the growth of the Distributed Denial of Service protection market.

The most prominent distributed denial-of-service attack was expected to occur in 2000, affecting many multinational corporations, and the total cumulative cost of these attacks was expected to be prohibitive for the company.

Today, distributed denial of service attacks have expanded in speed, volume, technology, and environment from a mere hobby to a specific agenda that includes threats from cyberterrorists, hackers, competing companies, customers, partners, and more.

Increased connectivity in mobile and cloud computing coupled with the growing threat of sophisticated attacks drive demand for distributed denial of service protection solutions. Most vendors are investing billions of dollars in R&D to develop optimal firewalls and protect against distributed denial-of-service attacks.

Some of the key players profiled in the study are
Netscout, Akamai Technology, Radware, Cloudflare, Huawei Technology, F5 Networks Inc., Corero Network Security Inc., Dosarrest Internet Security Ltd., Imperva Incapsula, A10 Networks, Inc, Nexusguard Limited, DOSarrest Internet Security LTD, Genie Networks, Verisign Inc., Continent 8 Technologies PLC, and Others.

Distributed Denial Of Service (DDoS) Protection Market Segmentation:

By Type:
• Hardware
• Software
• Other

By Applications:
• Solution, Services
• Professional Services
• Desgin and Implementation
• Consulting
• Training and Education
• Support and Maintenance
• Managed Services
• Other

By Enterprise:
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
• Other

Latest Industry Developments:

• June 2022 - G-Core Labs, in collaboration with Intel, has released a standalone solution (eBPF) that mitigates DDoS attacks with low overall latency impact. XDP-based solutions eliminate the need for a dedicated DDoS protection server role and protect against SYN Flood DDoS attacks.
• March 2022 - Corero Network Security, a provider of real-time, high-performance DDoS cyber defense solutions, has expanded its automatic protection against botnet and carpet bomb attacks. The company's mission is to make the Internet a safer place to do business by protecting against outages and downtime caused by DDoS attacks.
• February 2022 - Radware acquires SecurityDAM for $30 million with conditional payments of up to $12.5 million for Radware's cloud DDoS protection services following the transaction.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

North America is expected to hold a significant market share, mainly due to increasing adoption of advanced technologies and rigorous implementation of cybersecurity solutions. Considering the need to meet stringent regulatory and compliance requirements, there is increasing demand for advanced security systems in end-user industries in the region which positively fuels the market growth.

The region is also responsible for a significant number of DDoS attacks that are likely to increase in relation to a number of end-user industries, further driving the demand for DDoS protection solutions. Furthermore, cyberattacks are increasing rapidly in the region, particularly in the United States. The high number is being reached mainly because the number of connected devices in this region is growing rapidly.

Also in the US, consumers are using the public cloud, and many mobile applications are pre-loaded with personal information for the convenience of banking, shopping and communication. Over the past few years, businesses in the region have witnessed an increase in DDoS attacks, resulting in a huge awareness regarding protection solutions. Additionally, according to the White House Council of Economic Advisors, the U.S. economy loses an estimated $57 billion to $109 billion annually due to harmful cyber activity.

Moreover, according to Atlas VPN, it is estimated that there were over 175,000 DDoS attacks in the US in March 2020 alone. The attackers attempted to disable the website of the US Department of Health and Human Services. Its main purpose was to prevent citizens from accessing official data on the COVID-19 pandemic and actions taken against it.

The U.S. government also signed legislation establishing the Cybersecurity and Infrastructure Security Agency (CISA) to strengthen the national defense against cyberattacks. The agency works with the federal government to provide cybersecurity tools, incident response services, and assessment capabilities to secure government networks that support the essential operations of partner departments and agencies. As a result, it opens new avenues for new and established companies to invest in the right protection suite designed for their industry.

A variety of enterprises are building standalone 5G networks, and they need security partners to root their networks and security against attacks long before a threat occurs. For example, in April 2021 DISH Network Corporation selected Allot Ltd to provide end-to-end user plane protection (UPP) against DDoS and botnet attacks for its cloud-native OpenRAN-based 5G network in the United States.

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Table of Content of Distributed Denial Of Service (DDoS) Protection Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Distributed Denial Of Service (DDoS) Protection Market
5. Distributed Denial Of Service (DDoS) Protection Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Distributed Denial Of Service (DDoS) Protection Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Distributed Denial Of Service (DDoS) Protection Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Distributed Denial Of Service (DDoS) Protection Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Distributed Denial Of Service (DDoS) Protection Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Distributed Denial Of Service (DDoS) Protection Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Distributed Denial Of Service (DDoS) Protection Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Distributed Denial Of Service (DDoS) Protection Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

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Why You Should Buy This Report on the Global Distributed Denial Of Service (DDoS) Protection Market:

1. The forecast for the established and growing markets for global Distributed Denial Of Service (DDoS) Protection
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Distributed Denial Of Service (DDoS) Protection industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Distributed Denial Of Service (DDoS) Protection and marketing techniques used by the leading industry competitors.

Related Source:
https://www.digitaljournal.com/pr/global-distributed-denial-of-service-ddos-protection-market-is-expected-to-grow-at-a-cagr-of-15-1-during-forecast-period

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