Global Distributed Denial of Service Protection Market

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 100+ | Published By - Infinium Global Research

Report Highlights

Global Distributed Denial of Service Protection market to grow from USD 854.42 Million in 2016 to USD 2392.96 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 22.87%. The year 2016 has been considered as the base year, while the forecast period is upto 2021.
Today, DDoS has evolved significantly into a series of attacks that can be carried out in different ways. The DDoS attacks refers to very high volume, elusive and difficult to detect attacks that target applications and existing security infrastructure. DDoS attacks can create significant business risks with lasting effects causing reputational damage and financial loss. In today's digital landscape, DDoS attacks can shut down online operation preventing customer from accessing services and accounts. Furthermore, the effective launching methods and advanced DDoS attacks are challenging the DDoS mitigation solutions. Fortunately, nowadays, IT security solution providers are focussing to offer wide range of DDoS prevention solutions that can help businesses attain long-term sustainability by gaining advantage over the threats, vulnerabilities and risks associated with DDoS attacks.
The major growth drivers for the DDoS protection market includes increasing instances and sophistication of network and application targeted DDoS attacks, and rising penetration of Internet of Things (IoT) and connected devices. Service segment market across the large enterprises and SMEs (Small and Medium Enterprises) are adopting the DDoS prevention solution to safeguard their network and application layer; thereby propelling the growth of the DDoS protection market.
Among components, the services segment is expected to reflect highest CAGR over the forecast period. Among services, the professional services segment dominates the overall market in 2016. By application area, the application layer segment is expected to grow with the highest CAGR during the forecast period. By deployment mode, most of the end-users prefer cloud based deployment of DDoS protection solutions owing to higher level of security, flexibility and scalability that it offers towards deployment.

Segments Covered:
The report segments the distributed denial of service protection market by component, application area, deployment type and vertical. The component segment includes consulting services, design & implementation, service, solution, support & maintenance, professional service, managed service and training & education. The application area segment includes application, database, endpoint and network. The deployment type segment includes cloud and on-premises. The vertical segment includes banking, financial services & insurance, education, energy & utilities, government, healthcare & life sciences, manufacturing, retail, telecommunication & it and others.

Companies Profiled:
The companies covered in the report include Akamai Technologies - NASDAQ:AKAM, Arbor Networks, Cloudflare, Corero Network Security, DOSarrest Internet Security, F5 Networks - NASDAQ:FFIV, Imperva - NASDAQ:IMPV, Neustar - NYSE:NSR, Nexusguard and Radware - NASDAQ:RDWR.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America leads the global distributed denial of service protection market followed by Europe and Asia-Pacific.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of distributed denial of service protection globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and value chain analysis of distributed denial of service protection. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the distributed denial of service protection market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market.

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