Overview of the global DDoS protection market
Research analysis on the global DDoS protection market identifies that the growing dependence on internet will be one of the major factors that will have a positive impact on the growth of the market. the increasing usage of electronic devices which includes laptops, smart phones, has led to an increasing penetration of internet. This has led to the consumers depending on online transactions and payment which has increased demand for DDoS threats. This has led the increasing adoption of DDoS protection solutions to protect their critical information from DDoS threats. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 13% by 2021.
The rise in application layer attacks as it consumes less bandwidth will be one of the latest trends that will gain traction in the DDoS protection market during the next four years. The application-layer attacks increase the sophistication of DDoS attacks that are expected to grow during the forecast period. The rise in such attacks has led to sever damages which includes operational damages, such as account suspension and massive overage charges which has subsequently increased need for DDoS protection solutions.
Competitive landscape and key vendors
With the presence of several large and small-scale vendors, this market appears to be highly fragmented. According to the DDoS protection market analysis, the vendors in this marketspace mainly focus on enhancing their geographical presence and widening their product portfolio. To improve their market shares, the players focus on launching new products.
The leading vendors in the market are -
- Akamai Technologies
- ARBOR NETWORKS
- F5 Networks
- Imperva
- Neustar
The other prominent vendors in the market are Allot, BlockDoS, CDNetworks, CenturyLink, Cisco Systems, Corero Network Security, CORETX, DDoS-GUARD, Fortinet, Genie Networks, Huawei Technologies, Netmagic Solutions, NSFOCUS, Radware, RIOREY, SiteLock, Total Server Solutions, and VeriSign.
Segmentation by components and analysis of the DDoS protection market
During 2016, the products segment accounted for the major shares of the distributed denial-of-service market. The growing intensity of DDoS attacks, has led to the increasing awareness among end-users and increased the investments in DDoS protection products. The market has also witnessed the increasing investment from the government organizations and large enterprise which will propel the DDoS protection market size and share in the forecast period.
Geographical segmentation and analysis of the DDoS protection market
The DDoS protection market forecast study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The presence of large banks and payment card industry (PCI) companies along with increase in regulatory requirements will drive the market demand for DDoS protection solutions in the region. Additionally, the market will also witness the rising adoption from developing countries due to increase in adoption of new technologies which will also lead to the DDoS protection market growth.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global DDoS protection market?
- What are the key market trends impacting the growth of the global DDoS protection market?
- What are the challenges to market growth?
- Who are the key vendors in the global DDoS protection market?
- What are the market opportunities and threats faced by the vendors in the global DDoS protection market t?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global DDoS protection market?
Technavio also offers customization on reports based on specific client requirement.