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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.
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 -
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.
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.
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.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by component
PART 07: Geographical segmentation
PART 08: Buying criteria
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor profiles
PART 14: Mergers and acquisitions
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