Market Outlook
According to the report by Expert Market Research (EMR), the global DDoS protection and mitigation solution market size is projected to grow at a CAGR of 13.90% between 2024 and 2032. Aided by the escalating frequency and sophistication of cyber-attacks, the market is expected to grow significantly by 2032.
DDoS attacks, where multiple compromised systems attack a single target, causing denial of service for users of the targeted system, have become a prevalent threat in the cyber world. DDoS protection and mitigation solutions are designed to safeguard networks, applications, and services from such attacks. These solutions detect, analyse, and respond to DDoS attacks in real time, ensuring continuity of services and protection of data.
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The primary driver boosting the DDoS protection and mitigation solution market demand is the growing number of DDoS attacks globally. As businesses increasingly move online, attackers find more opportunities to disrupt services, making DDoS protection more essential.
With the expanding internet connectivity and the proliferation of IoT devices, the scope for large-scale DDoS attacks has increased. This has led to a greater demand for effective DDoS protection and mitigation solutions. Meanwhile, strengthening data protection laws and regulatory requirements for cybersecurity across various industries are compelling organisations to adopt robust DDoS protection strategies.
North America, particularly the United States, accounts for a significant portion of the DDoS protection and mitigation solution market share. This is attributed to the high prevalence of internet usage, the presence of major DDoS protection solution providers, and significant investments in cybersecurity.
The Asia Pacific region is witnessing rapid growth in the market, spurred by increasing internet penetration, rising awareness of cybersecurity, and the growing prevalence of cyber-attacks in countries like China, Japan, and India.
The global DDoS protection and mitigation solution market demand is set for significant growth, driven by the increasing prevalence of DDoS attacks, rising internet connectivity, and stringent regulatory compliance requirements. While challenges like high costs and integration complexities exist, the integration with broader cybersecurity solutions presents substantial opportunities for growth. As the digital landscape continues to evolve, DDoS protection and mitigation solutions are becoming an integral part of organisational cybersecurity strategies, safeguarding businesses against the ever-growing threat of cyber disruptions.
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Market Segmentation
The market can be divided based on offering, end use, deployment, organisation size, and region.
Market Breakup by Offering
- Software
- Hardware
- Services
Market Breakup by End Use
- IT and Telecommunication
- BFSI
- Retail
- Government and Defence
- Media and Entertainment
- Education
- Healthcare
- Others
Market Breakup by Deployment
- On-Premises
- Hybrid
- Cloud
Market Breakup by Organisation Size
- Large Enterprises
- Small and Medium-Sized Enterprises
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global DDoS protection and mitigation solution market. Some of the major players explored in the report by Expert Market Research are as follows:
- Akamai Technologies
- Imperva, Inc.
- NETSCOUT Systems, Inc.
- Corero
- Link11 GmbH
- Huawei Technologies Co., Ltd.
- Others
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