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Global DDoS Protection & Mitigation Security Market Report to 2027: Players Include CloudFlare, Corero, DDoS-Guard, Fastly and FortinetDUBLIN, Feb. 21, 2023 /PRNewswire/ -- The "Global DDoS Protection & Mitigation Security Market by Component, Application Area (Network Security, Application Security, Endpoint Security), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare, IT & Telecom) and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. ![]()
The global DDOS protection and mitigation security market is projected to grow from USD 3.9 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 13.2% during the forecast period. Companies Mentioned
By organization size, small and medium sized enterprises are to register higher CAGR during forecast period Small and medium sized enterprises face a greater resource crunch than larger enterprises and require better methods to solve the complexities of network infrastructure for better cost optimization of their business processes. With the increasing number of SMEs worldwide, the requirement for DDoS protection and mitigation solutions is increasing rapidly. SMEs are considered to be easy targets, as they are less protected and do not have the resources and capabilities to detect thefts and attacks. Therefore, it has become essential for SMEs to incorporate DDoS protection techniques, such as scrubbing services, BGP routing, sinkholing, null routing, and DNS routing. By component, hardware to account for largest market share during forecast period DDoS attacks are a real threat to organizations operating online, they easily become targets of cyberterrorists or hacktivists, these can be dealt with DDoS hardware protection solutions. Hardware solutions are easy to install and suitable for high-volume amplified traffic, which requires high throughput. The hardware solutions are set up at a remote network and can be managed in the data center hosting environment itself. Hardware appliances are configured in the local network or in data centers to protect the organization's network from evolving sophisticated threats. Among regions, market in Asia-Pacific to register highest CAGR during forecast period The growth of the DDOS protection and mitigation security market in the Asia-Pacific is highly driven by technological advancements across the region. China is anticipated to be the leading market for DDOS protection and mitigation security solutions in this region. The existence of a large population and developing infrastructure and technology are major fators contributing to the growth of the DDOS protection and mitigation security market in the Asia-Pacific. The DDOS protection and mitigation security paradigm has changed considerably, with advanced technologies such as artificial intelligence and machine learning becoming popular among them. Additionally, the increasing advancements in mobility and rising cloud adoption in APAC, coupled with mandatory compliance to certain government regulations for resolving data security issues, have compelled the companies in the region to adopt DDoS protection and mitigation solutions. Moreover, with the rising intensity and complexity of cyber-attacks, the data security concerns of the businesses in the region have further heightened. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview and Industry Trends 6 DDoS Protection and Mitigation Security Market, by Component 7 DDoS Protection and Mitigation Security Market, by Application Area 8 DDoS Protection and Mitigation Security Market, by Deployment Mode 9 DDoS Protection and Mitigation Security Market, by Organization Size 10 DDoS Protection and Mitigation Security Market, by Vertical 11 DDoS Protection and Mitigation Security Market, by Region 12 Competitive Landscape 13 Company Profiles 14 Appendix and Adjacent Markets For more information about this report visit https://www.researchandmarkets.com/r/7ea11n-ddos?w=5 About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets ![]() |