Global $9.3 Billion DDoS Prevention and Mitigation Market to 2025 by Offering, Organisation Size, End-user, Region, Competitive Landscape
DUBLIN, Oct. 15, 2020 /PRNewswire/ -- The "DDoS Prevention and Mitigation Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global DDoS prevention and mitigation market was valued at US$9.304 billion in 2019 and is expected to show good growth over the forecast period.
For instance, Facebook, one of the biggest technology companies in the world, has over 300 PB of data in its data centers. Similarly, huge volumes of data is stored with many other enterprises worldwide, which is increasing with it the severity of loss these are likely to suffer in the event of a cyber attack. This is driving the demand for robust DDoS prevention and mitigation solutions among enterprises, thus boosting the market growth.
The rapidly growing popularity and adoption of public cloud, coupled with the continuous increase in the number of endpoint devices accessing the data in the cloud, is also shaping the growth of the market. Any type of security breach in this ecosystem can translate into a huge monetary loss for an enterprise attributed to the loss of investors' or customers' confidence, loss of productivity, and heavy federal fines as part of legal actions. For instance, NotPetya, which was ransomware in the disguise of the tax software update, first came into light in Ukraine and later spread through to thousands of systems in more than 100 countries.
This attack hit companies like Merck & Co., Inc., which recorded damage worth $300 million in Q3 2017, and many other companies that had sensitive information flowing through their network. WannaCry, another big ransomware attack that caught the world's attention, went on to take away control over several thousands of machines from banking institutions, government agencies, and other enterprises and organizations.
This is increasing the demand for advanced DDoS prevention and mitigation solutions and services among enterprises of various sizes, thus augmenting the market growth.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Lifecycle Analysis- Regional Snapshot
5. DDoS Prevention And Mitigation Market Analysis, By Offering
6. DDoS Prevention And Mitigation Market Analysis, By Enterprise Size
7. DDoS Prevention And Mitigation Market Analysis, By End User
7.2. Communication and Technology
8. DDoS Prevention And Mitigation Market Analysis, By Geography
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
10.2. Microsoft Corporation
10.3. Amazon Web Services
10.5. Cloudflare, Inc.
10.7. Nexusguard Limited
10.8. Sucuri Inc.
10.10. Neustar, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/reisp7
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SOURCE Research and Markets
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