The DDOS-Cyber Attack Solutions by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s DDOS-Cyber Attack Solutions, The ddos-cyber attack solutions market size has grown rapidly in recent years. It will grow from $3.97 billion in 2023 to $4.59 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to rise of cloud services, advancements in ai and machine learning, increased bandwidth and network capacity, development of defense mechanisms, proliferation of iot devices..
The ddos-cyber attack solutions market size is expected to see rapid growth in the next few years. It will grow to $8.59 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to hybrid defense strategies, focus on zero-day attack preparedness, expansion of edge computing and cdn integration, integration of behavioral analytics, increased demand for ddos mitigation as-a-service.. Major trends in the forecast period include collaboration and threat intelligence sharing, hybrid defense strategies, regulatory compliance requirements, increasing frequency and sophistication of ddos attacks, growth of iot and botnet attacks..
The increase in the number of DDOS attacks is significantly contributing to the growth of the DDOS cyber-security market. As firms are increasingly shifting their applications and infrastructure to the public cloud, the scope of DDOS attacks is increasing and attackers are becoming sharper, more organized, and more focused in the pursuit of their goals. As a result of this, more firms are demanding DDOS cyber-attack solutions. For instance, according to a 2021 report on global threat analysis by Radware, DDOS attacks have grown by 37% from 2020 to 2021. Therefore, an increase in the number of DDOS attacks will drive the DDOS cyber-security market growth.
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The ddos-cyber attack solutions market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Deployment Mode: On-Premise, Cloud, Hybrid
3) By Size of Enterprise: Small and Medium Enterprises, Large Enterprises
4) By Application: Network Security, Database Security
5) By Vertical: Government and Defense, BFSI, Manufacturing, Energy and Utility, Other Verticals
Technological advancements have emerged as a key trend gaining popularity in the DDOS network security solutions market. Major companies operating in the DDOS cyber-security solutions sector are focused on introducing new technologies to improve users’ security and mitigate sophisticated and novel attacks from DDOS attackers. For instance, in January 2022, Bigleaf, a US-based internet redundancy and optimization service company, launched a DDOS mitigation service based on cloud and internet-based technology. It works across various circuits to help firms deliver more reliable services to their users. It is circuit-independent, allowing users to safeguard any ISP connection they use under a single service contract. It also covers the entirety of their bandwidth, reducing exposure to risk while simplifying support and service responsibilities.
The ddos-cyber attack solutions market report table of contents includes:
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