Global DDoS Protection And Mitigation Security Market Overview Covering Forecast Market Size And Growth Rate 2033 | Microsoft Corporation, Huawei Technologies Co. Ltd., Amazon Web Services Inc

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

DDoS Protection And Mitigation Security Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $8.70 billion In 2028 At A CAGR Of 14.7% :

The DDoS protection and mitigation security market size has grown rapidly in recent years. It will grow from $4.32 billion in 2023 to $4.36 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to increasing frequency and complexity of DDoS attacks, rising cybersecurity concerns, dependency on internet-based services, financial loss prevention, and global expansion of online services.

The DDoS protection and mitigation security market size is expected to see rapid growth in the next few years. It will grow to $8.70 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to IoT-related threats, edge computing and cloud services, rise in ransom DDoS attacks (RDDoS), and zero-day attack preparedness. Major trends in the forecast period include AI and machine learning advancements, increased focus on zero-trust architectures, behavioral biometrics for user authentication, 5g network preparedness, and quantum-safe cryptography.

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DDoS Protection And Mitigation Security Market Major Segments
The DDoS protection and mitigation security market covered in this report is segmented -

1) By Component: Hardware Solution, Software Solution, Services
2) By Application: Network Security, Endpoint Security, Application Security, Database Security
3) By Vertical: Government And Defense Banking, Financial Services And Insurance (BFSI), Manufacturing, Energy And Utility, IT And Telecommunication, Healthcare Education, Retail, Other Verticals

Key Driver - Enhancing DDoS Protection With Iot Devices

The rising adoption of IoT devices is expected to propel the growth of the DDoS protection and mitigation security market going forward. IoT, or the Internet of Things, refers to a network of interconnected devices embedded with sensors, software, and other technologies that enable them to collect and exchange data over the Internet without human intervention. IoT devices with sensors and network monitoring capabilities can analyze traffic patterns in real-time. By continuously monitoring incoming and outgoing traffic, these devices can detect anomalies and suspicious activities indicative of a DDoS attack, such as a sudden surge in traffic volume or unusual patterns of packet transmission. For instance, in August 2022, according to Akamai Technologies Inc., a US-based internet company, IoT connections are expected to increase from 15.1 billion in 2021 to 23.3 billion IoT connections in 2025. Therefore, the rising adoption of IoT devices drives the growth of the DDoS protection and mitigation security market.

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Prominent Trend - AI And ML Integration In Adaptive DDoS Protection Solutions

Major companies operating in the DDoS protection and mitigation security market focus on integrating AI and ML, such as ML-based adaptive DDoS protection, to meet the growing demand for security. ML-based adaptive DDoS employs machine learning algorithms to identify and stop dynamic DDoS attacks quickly. For instance, in July 2023, NetScout Systems Inc., a US-based networking company, launched ML-based adaptive DDoS protection for Arbor Edge Defense (AED). This solution is a scalable and efficient stateless packet processing solution for businesses dealing with the ongoing threat of DDoS attacks because it is based on decades of DDoS mitigation experience and offers unparalleled real-time visibility into global DDoS attack activity.

DDoS Protection And Mitigation Security Market Players
Major companies operating in the DDOS protection and mitigation security market are Microsoft Corporation, Huawei Technologies Co. Ltd., Amazon Web Services Inc., BT Group plc, Fortinet Inc., Akamai Technologies Inc., F5 Networks Inc., VeriSign Inc., Cloudflare Inc., NetScout Systems Inc., Imperva Inc., Fastly Inc., Radware Ltd., A10 Networks Inc., Comodo Security Solutions Inc., Allot Ltd., StackPath LLC, HaltDos Pvt. Ltd., SiteLock LLC, Seceon Inc., Sucuri Inc., PhoenixNAP LLC, Corero Network Security Inc., Indusface Pvt. Ltd., Link11 GmbH, Mlytics Inc., RioRey Inc., DDoS-Guard Corp., StrataCore Inc., Active Reach Ltd.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the DDoS protection and mitigation security market in 2023. The regions covered in the DDoS protection and mitigation security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. DDoS Protection And Mitigation Security Market Report Structure
3. DDoS Protection And Mitigation Security Market Trends And Strategies
4. DDoS Protection And Mitigation Security Market - Macro Economic Scenario
5. DDoS Protection And Mitigation Security Market Size And Growth
…..
27. DDoS Protection And Mitigation Security Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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