DDoS Protection and Mitigation Market size was valued at US$ 3.30 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 15.3% through 2022 to 2029, reaching nearly US$ 10.33 Bn.
DDoS Protection and Mitigation Market Overview
The DDoS Protection and Mitigation Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021-2029. The reports helps in recognizing the key drivers that are driving the growth in the market and also helps in using these drivers as strength.
‘DDoS mitigation’ is the process of successfully defending a target against a distributed denial of service (DDoS) attack. Identification of traffic flow anomalies that might point to the beginning of a DDoS attack is the process of detection. The application areas for DDoS protection and mitigation are network security, endpoint security, application security, and database security. Some of the industry verticals for DDoS protection and mitigation include government and defense, BFSI, manufacturing, energy and utilities, IT and telecommunication, healthcare, education, and retail.
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Market Scope
The report includes factors like Market segmentation and overall market insights for manufacturers, suppliers, distributors and investors in the global DDoS Protection and Mitigation Market . In addition the development process the report provides the cost structures and the development goal and objectives. The strength and weakness of the market are studied applying research tools such SWOT, PESTLE and PORTER’s five forces to seek upcoming opportunities and to deal with the upcoming challenges. The primary and secondary data were analysed by the research experts to find the key drivers and aspects of the DDoS Protection and Mitigation Market . The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global DDoS Protection and Mitigation Market
DDoS Protection and Mitigation Market Segmentation
The market is divided into hardware solutions, software solutions, and services based on the component. The services sector is anticipated to expand quickly between 2022 and 2029, with a CAGR . As the number of cyberattacks on websites rises alarmingly, businesses are being forced to invest in comprehensive security services to reduce risks in a constantly evolving threat environment. The demand for support services is anticipated to increase as businesses and service providers increasingly adopt DDoS solutions.
Market segments include Government and Defense, BFSI, Manufacturing, Energy and Utility, IT and Telecommunication, Healthcare, Education, Retail, and Other. These segments are based on the market’s vertical. By 2029, the BFSI segment is anticipated to have the largest market share, . The BFSI industry is one of the crucial infrastructure segments that experiences numerous data breaches and cyber-attacks because of the large client base the sector serves and the financial information that is at risk. Since the financial industry has a highly lucrative operating model with amazing profits and the added bonus of having relatively low risk and detectability, cybercriminals are optimising a variety of evil cyber-attacks to paralyse it.
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Key Players
• ARBOR NETWORKS
• F5 Networks
• Radware
• IMPERVA
• Cloudfare
• Neustar
• A10 Networks
• Nexusgaurd
• Fortient
• Zenedga
• Fortinet
• NETSCOUT
• Link11
• Huawei Technologies
• Akamai Technologies, Inc.
• Corero Network Security, Inc.
• DOSarrest Internet Security, Ltd.
Regional Analysis
The report also analysis the regional factors that drive the DDoS Protection and Mitigation Market growth. It demonstrates the most significant regional divisions such as North America, Asia Pacific, Europe, Latin America the Middle East and Africa has global influence. The DDoS Protection and Mitigation Market research report includes a geographic condition of the market, and revenue as well as in depth research into the business network structure, opportunities, and news update.
Key Questions answered in the DDoS Protection and Mitigation Market Report are:
- What is DDoS Protection and Mitigation Market ?
- What is the forecast period of the DDoS Protection and Mitigation Market ?
- What is the competitive scenario of the DDoS Protection and Mitigation Market ?
- Which region held the largest market share in the DDoS Protection and Mitigation Market ?
- What are the opportunities for the DDoS Protection and Mitigation Market ?
- What factors are affecting the DDoS Protection and Mitigation Market growth?
- Who are the key players of the DDoS Protection and Mitigation Market ?
- Which company held the largest share in the DDoS Protection and Mitigation Market ?
- What will be the CAGR of the DDoS Protection and Mitigation Market during the forecast period?
- What key trends are likely to emerge in the DDoS Protection and Mitigation Market in the coming years?
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Key Offerings :
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key
- trends
- Market Segmentation: A detailed analysis by DDoS Protection and Mitigation Market
- Landscape- Leading key players and other prominent key players.
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