DDoS Protection and Mitigation Market by Component (Hardware Solutions, Software Solutions, and Services), Application Area (Network, Application, Database, and Endpoint), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023

The DDoS protection and mitigation market size is expected to grow from USD 1.66 Billion in 2017 to USD 4.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

Objectives of the Study

The main objective of the report is to define, describe, and forecast the DDoS protection and mitigation market size on the basis of components (hardware solutions, software solutions, and services), application areas, deployment modes, industry verticals, and regions. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, and new product developments, in the DDoS protection and mitigation market.

The research methodology used to estimate and forecast the market size began with the collection and analysis of data on the key vendors’ revenues through secondary sources, such as annual reports and press releases, investor presentations, conferences and associations (International Multitopic Conference (INMIC), RSA Conference 2017, International Computer Security Association, and National Computer Security Association (NCSA)), technology journals, certified publications, and articles from recognized authors, directories, and databases. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the market from the revenues of the key players and their market shares. The DDoS protection and mitigation market spending across all regions, along with the geographical split in various industry verticals, was considered to arrive at the overall market size. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the profiles of the primary participants is depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The DDoS protection and mitigation market includes various vendors who provide DDoS protection and mitigation services to their commercial clients across the globe. Companies such as Arbor Network (US); Akamai Technologies (US); F5 Networks (US); Imperva (US); Radware (Israel); Corero Network Security (US); Neustar (US); Cloudflare (US); Nexusguard (Hong Kong); A10 Networks, (US); Fortinet (US); Huawei Technologies (China); Verisign (US); Zenedge (US), Sucuri (US); SiteLock (US); Flowmon Networks (Czech Republic); StackPath, (US); DOSarrest Internet Security (Canada); Century Link (US) ; NSFOCUS (US); Corsa Technology (Canada); Rackspace (US); Allot (Israel); and Seceon (US) have adopted partnerships, agreements, and collaborations as the key strategies to enhance their market reach.

Key Target Audience

• DDoS protection and mitigation hardware vendors
• DDoS protection and mitigation software vendors
• DDoS protection and mitigation service providers
• Defense organizations
• Independent software vendors
• Consulting firms
• Systems integrators
• Independent software vendors
• Information Technology (IT) physical security agencies
• Value-Added Resellers (VARs)
• Managed Security Service Providers (MSSPs)
• Internet Service Providers (ISPs)

The study answers several questions for stakeholders, primarily which market segments to focus on in the next 2 to 5 years for prioritizing efforts and investments.

Scope of the Report

The research report segments the DDoS protection and mitigation market into the following submarkets:

By Component:

• Hardware Solutions
• Software Solutions
• Services

Professional Services

• Design and Integration
• Consulting and Advisory
• Training and Education
• Support and Maintenance

Managed Services

By Application Area:

• Network
• Application
• Database
• Endpoint

By Deployment Mode:

• On-premises
• Cloud
• Hybrid

By Organization Size:

• Small and Medium-sizes Enterprises (SMEs)
• Large Enterprises

By Vertical:

• Government and Defense
• Banking, Financial Services, and Insurance (BFSI)
• Manufacturing
• Energy and Utilities
• IT and Telecommunications
• Healthcare
• Education
• Retail
• Others* (ISP hosting, media and entertainment (includes gaming), and transport and logistics)

By Region:

• North America
• Europe
• APAC
• MEA
• Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

• Further breakdown of the North American DDoS protection and mitigation market
• Further breakdown of the European market
• Further breakdown of the APAC market
• Further breakdown of the MEA market
• Further breakdown of the Latin America market

Company Information

• Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions and Limitations
           2.3.1 Assumptions
           2.3.2 Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the DDoS Protection and Mitigation Market
    4.2 DDoS Protection and Mitigation Market, Market Share of Top 3 Application Areas and Regions, 2018
    4.3 DDoS Protection and Mitigation Market, By Service, 2018–2023
    4.4 DDoS Protection and Mitigation Market, By Professional Service, 2018
    4.5 DDoS Protection and Mitigation Market, By Application Area, 2018
    4.6 DDoS Protection and Mitigation Market, By Deployment Mode, 2018
    4.7 Market Investment Scenario
    4.8 DDoS Protection and Mitigation Market, Top 3 Industry Verticals
    4.9 Focus on DDoS Attack Anatomy

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rise in Volumetric DDoS Attacks
                    5.2.1.2 High Demand for Cloud-Based and Hybrid DDoS Protection and Mitigation Solutions
                    5.2.1.3 Increase in Availability of DDoS Stresser Services
           5.2.2 Restraints
                    5.2.2.1 Budget Constraints Among SMEs
                    5.2.2.2 Availability of Free and Pirated DDoS Protection and Mitigation Solutions
           5.2.3 Opportunities
                    5.2.3.1 Increase in Iot-Focused DDoS Threats
                    5.2.3.2 Increase in Ntp Attacks in the Education Sector
                    5.2.3.3 Highly Regulated Industry Verticals and the Gaming Sector Continue to Create Attractive Opportunities for DDoS Vendors
                    5.2.3.4 DDoS Threat on Cryptocurrency Exchange
           5.2.4 Challenges
                    5.2.4.1 Sweep period of attacks, large-scale traffic defense with zero latency, and SSL encrypted attacks as difficulties and challenges in the DDoS area
                    5.2.4.2 Difficulty in Detecting and Mitigating Low and Slow DDoS Attacks
                    5.2.4.3 Shortage of Security Skills Among Security Professionals and Lack of Pre-Planning Among Enterprises
    5.3 Regulatory Landscape
           5.3.1 National Credit Union Administration
           5.3.2 Federal Financial Institutions Examination Council
           5.3.3 General Data Protection Regulation
    5.4 High Impact DDoS Attacks in Recent Times
    5.5 Best Practices for DDoS Protection and Mitigation
    5.6 Use Cases
           5.6.1 Adoption of Cloud-Based DDoS Solutions By A Mobile Encryption Company in Canada
           5.6.2 Dependence of A Leading IT and Telecommunication Company on DDoS Protection and Mitigation Solution
           5.6.3 A Leading Medical and Scientific Publication House Adopted DDoS Solution
           5.6.4 Need for the Best-In-Class DDoS Attack Mitigation Solution for A Healthcare Organization in the Us
           5.6.5 Bitcoin Exchange in Asia Pacific Targeted By DDoS Attack
    5.7 Innovation Spotlight
           5.7.1 Radware
           5.7.2 Haltdos
           5.7.3 Allot
           5.7.4 Corsa Technology

6 DDoS Protection and Mitigation Market, By Component (Page No. - 56)
    6.1 Introduction
    6.2 Hardware Solutions
    6.3 Software Solutions
           6.3.1 Mitigation Techniques
                    6.3.1.1 Network Layer
                               6.3.1.1.1 Null Routing
                               6.3.1.1.2 Sinkholing
                               6.3.1.1.3 Scrubbing
                    6.3.1.2 Application Layer
    6.4 Services
           6.4.1 Professional Services
                    6.4.1.1 Design and Integration
                    6.4.1.2 Consulting and Advisory
                    6.4.1.3 Training and Education
                    6.4.1.4 Support and Maintenance
           6.4.2 Managed Services

7 DDoS Protection and Mitigation Market, By Application Area (Page No. - 68)
    7.1 Introduction
    7.2 Network
    7.3 Application
    7.4 Database
    7.5 Endpoint

8 DDoS Protection and Mitigation Market, By Deployment Mode (Page No. - 74)
    8.1 Introduction
    8.2 On-Premises
    8.3 Cloud
    8.4 Hybrid

9 DDoS Protection and Mitigation Market, By Organization Size (Page No. - 79)
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
    9.3 Large Enterprises

10 DDoS Protection and Mitigation Market, By Industry Vertical (Page No. - 83)
     10.1 Introduction
     10.2 Government and Defense
     10.3 Banking, Financial Services, and Insurance
     10.4 Manufacturing
     10.5 Energy and Utilities
     10.6 IT and Telecommunications
     10.7 Healthcare
     10.8 Education
     10.9 Retail
     10.10 Others

11 DDoS Protection and Mitigation Market, By Region (Page No. - 95)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 119)
     12.1 Overview
     12.2 Market Standing, By Key Player
     12.3 Competitive Situations and Trends
             12.3.1 New Product Launches/Product Enhancements
             12.3.2 Business Expansions
             12.3.3 Partnerships, Agreements, and Collaborations
             12.3.4 Mergers and Acquisitions

13 Company Profiles (Page No. - 125)
     13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     13.2 Arbor Networks
     13.3 Akamai Technologies
     13.4 F5 Networks
     13.5 Imperva
     13.6 Radware
     13.7 Huawei Technologies
     13.8 Corero Network Security
     13.9 Neustar
     13.10 Cloudflare
     13.11 Nexusguard
     13.12 A10 Networks
     13.13 Fortinet
     13.14 Verisign
     13.15 Zenedge
     13.16 Sucuri
     13.17 Sitelock
     13.18 Flowmon Networks
     13.19 Stackpath
     13.20 Dosarrest Internet Security
     13.21 Key Innovators
             13.21.1 Centurylink
             13.21.2 Nsfocus
             13.21.3 Corsa Technology
             13.21.4 Rackspace
             13.21.5 Allot
             13.21.6 Seceon

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 186)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details

List of Tables (77 Tables)

Table 1 DDoS Protection and Mitigation Market Size and Growth Rate, 2016–2023 (USD Million, Y-O-Y %)
Table 2 DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 3 Hardware Solutions: DDoS Protection and Mitigation Market Size, By Revenue and Shipment, 2016–2023 (USD Million, Thousands)
Table 4 Hardware Solutions: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 5 Software Solutions: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 6 Services: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 7 Services: DDoS Protection and Mitigation Market Size, By Type, 2016–2023 (USD Million)
Table 8 Professional Services: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 9 Professional Services: DDoS Protection and Mitigation Market Size, By Type, 2016–2023 (USD Million)
Table 10 Design and Integration: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 11 Consulting and Advisory Market Size, By Region, 2016–2023 (USD Million)
Table 12 Training and Education Market Size, By Region, 2016–2023 (USD Million)
Table 13 Support and Maintenance Market Size, By Region, 2016–2023 (USD Million)
Table 14 Managed Services: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 15 DDoS Protection and Mitigation Market Size, By Application, 2016–2023 (USD Million)
Table 16 Network: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 17 Application: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 18 Database: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 19 Endpoint: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 20 DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 21 On-Premises: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 22 Cloud: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 23 Hybrid: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 24 DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 25 Small and Medium-Sized Enterprises: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 26 Large Enterprises: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 27 DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 28 Government and Defense: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 29 Banking, Financial Services, and Insurance: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 30 Manufacturing: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 31 Energy and Utilities: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 32 IT and Telecommunications: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 33 Healthcare: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 34 Education: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 35 Retail: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 36 Others: DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 37 DDoS Protection and Mitigation Market Size, By Region, 2016–2023 (USD Million)
Table 38 North America: DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 39 North America: DDoS Protection and Mitigation Market Size, By Service, 2016–2023 (USD Million)
Table 40 North America: DDoS Protection and Mitigation Market Size, By Professional Service, 2016–2023 (USD Million)
Table 41 North America: DDoS Protection and Mitigation Market Size, By Application Area, 2016–2023 (USD Million)
Table 42 North America: DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 43 North America: DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 44 North America: DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 45 Europe: DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 46 Europe: DDoS Protection and Mitigation Market Size, By Service, 2016–2023 (USD Million)
Table 47 Europe: DDoS Protection and Mitigation Market Size, By Professional Service, 2016–2023 (USD Million)
Table 48 Europe: DDoS Protection and Mitigation Market Size, By Application Area, 2016–2023 (USD Million)
Table 49 Europe: DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 50 Europe: DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 51 Europe: DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 52 Asia Pacific: DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 53 Asia Pacific: DDoS Protection and Mitigation Market Size, By Service, 2016–2023 (USD Million)
Table 54 Asia Pacific: DDoS Protection and Mitigation Market Size, By Professional Service, 2016–2023 (USD Million)
Table 55 Asia Pacific: DDoS Protection and Mitigation Market Size, By Application Area, 2016–2023 (USD Million)
Table 56 Asia Pacific: DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 57 Asia Pacific: DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 58 Asia Pacific: DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 59 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 60 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Service, 2016–2023 (USD Million)
Table 61 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Professional Service, 2016–2023 (USD Million)
Table 62 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Application Area, 2016–2023 (USD Million)
Table 63 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 64 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 65 Middle East and Africa: DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 66 Latin America: DDoS Protection and Mitigation Market Size, By Component, 2016–2023 (USD Million)
Table 67 Latin America: DDoS Protection and Mitigation Market Size, By Service, 2016–2023 (USD Million)
Table 68 Latin America: DDoS Protection and Mitigation Market Size, By Professional Service, 2016–2023 (USD Million)
Table 69 Latin America: DDoS Protection and Mitigation Market Size, By Application Area, 2016–2023 (USD Million)
Table 70 Latin America: DDoS Protection and Mitigation Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 71 Latin America: DDoS Protection and Mitigation Market Size, By Organization Size, 2016–2023 (USD Million)
Table 72 Latin America: DDoS Protection and Mitigation Market Size, By Industry Vertical, 2016–2023 (USD Million)
Table 73 DDoS Protection and Mitigation Market: Market Standing, 2018
Table 74 New Product Launches/Product Enhancements, 2016-2018
Table 75 Business Expansions, 2015–2016
Table 76 Partnerships, Agreements, and Collaborations, 2016–2017
Table 77 Mergers and Acquisitions, 2017–2018

List of Figures (55 Figures)

Figure 1 DDoS Protection and Mitigation Market: Market Segmentation
Figure 2 DDoS Protection and Mitigation Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 DDoS Protection and Mitigation Market: Assumptions
Figure 8 DDoS Protection and Mitigation Market Size, By Component
Figure 9 North America is Estimated to Hold the Largest Market Share in 2018
Figure 10 Top 3 Revenue Segments of the DDoS Protection and Mitigation Market
Figure 11 Increasing Number of Application Layer Attacks are Expected to Boost the Growth of the DDoS Protection and Mitigation Market
Figure 12 Application Segment and North American Region are Estimated to Have the Largest Market Shares in 2018
Figure 13 Professional Services Segment is Expected to Have the Larger Market Share During the Forecast Period
Figure 14 Consulting and Advisory Segment is Estimated to Have the Largest Market Share in 2018
Figure 15 Application Segment is Expected to Have the Largest Market Share in 2018
Figure 16 On-Premises Deployment Mode is Estimated to Have the Largest Market Share in 2018
Figure 17 Asia Pacific is Expected to Emerge as the Best Market for Investment in the Next 5 Years
Figure 18 Banking, Financial Services, and Insurance Vertical is Estimated to Have the Largest Market Size in 2018
Figure 19 DDoS Attack Anatomy
Figure 20 DDoS Protection and Mitigation Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Network DDoS Attacks (By Type)
Figure 22 Prevention of IoT Devices From Becoming the Target of DDoS Attacks
Figure 23 Protocols Used for DDoS Attacks
Figure 24 DDoS Attack Frequency By Industry, Q3 2017–Q4 2017
Figure 25 Network Layer: Top-Attacked Industries According to the Number of Attacks in Q4 2017
Figure 26 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Consulting and Advisory Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Application Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Hybrid Deployment Mode is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 31 BFSI Industry Vertical is Expected to Hold the Highest Market Share Over the Forecast Period
Figure 32 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Asia Pacific is Estimated to Grow at the Fastest CAGR Over the Forecast Period
Figure 34 North America: Market Snapshot
Figure 35 Asia Pacific: Market Snapshot
Figure 36 Key Developments By Leading Players in the DDoS Protection and Mitigation Market, 2015–2017
Figure 37 Geographic Revenue Mix of Top Players
Figure 38 Arbor Networks: Company Snapshot
Figure 39 Arbor Networks: SWOT Analysis
Figure 40 Akamai Technologies: Company Snapshot
Figure 41 Akamai Technologies: SWOT Analysis
Figure 42 F5 Networks: Company Snapshot
Figure 43 F5 Networks: SWOT Analysis
Figure 44 Imperva: Company Snapshot
Figure 45 Imperva: SWOT Analysis
Figure 46 Radware: Company Snapshot
Figure 47 Radware: SWOT Analysis
Figure 48 Huawei Technologies: Company Snapshot
Figure 49 Corero Network Security: Company Snapshot
Figure 50 Neustar: Company Snapshot
Figure 51 A10 Networks: Company Snapshot
Figure 52 Fortinet: Company Snapshot
Figure 53 Verisign: Company Snapshot
Figure 54 Centurylink: Company Snapshot
Figure 55 Allot: Company Snapshot

MarketsandMarkets forecasts the global DDoS protection and mitigation market size to grow from USD 1.94 Billion in 2018 to USD 4.10 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. DDoS attacks cause traffic congestion by flooding networks with numerous illegitimate network packets. The rise in these attacks would drive the market for DDoS protection and mitigation solutions and services. Hardware DDoS protection and mitigation solutions are gaining traction, as they are capable of mitigating large network-based DDoS attacks or floods, reflective amplified spoof attacks, and application layer attacks. Additionally, these DDoS hardware solutions ensure network connectivity and eliminate the downtime, in case of power or equipment failures during maintenance.

The hybrid deployment mode is gaining a high traction in the market, as mitigating all DDoS attacks is challenging. The hybrid deployment mode safeguards critical enterprise data on-premises and stores other data in the cloud environment. Hybrid deployment solutions protect organizations’ IT infrastructure from multi-vector DDoS attacks before these attacks snowball into a huge problem. Enterprises can retain all their critical data and intellectual properties within their premises and ensure their safety from network-based, protocol-based, and application-based DDoS attacks.

To ensure each node of organizations’ infrastructure is protected, the DDoS protection and mitigation market is classified into application areas that include network, application, database, and endpoint. The application segment is expected to grow at the highest CAGR and hold the largest market share during the forecast period. Cybercriminals are using innovative hacking tools to attack organizations’ network infrastructure and block all the legitimate traffic. DDoS attacks disrupt the functioning of enterprises and can cause loss es amounting to millions. The extensive adoption of DDoS protection solutions and services among enterprises across various verticals, such as retail, Banking, Financial Services, and Insurance (BFSI), government and defense, healthcare, manufacturing, and retail, can be dedicated to the increasing awareness of mitigating devastating volumetric attacks.

North America is estimated to hold the largest market size in 2018. This can be attributed to the concentrated presence of DDoS protection and mitigation solution providers who offer such solutions to various industry verticals in the region. Furthermore, a rapid economic growth in the developing countries and the improving regulatory reforms and economic stability are driving the DDoS protection and mitigation market growth in Asia Pacific (APAC). In Latin America, the industry verticals such as energy and utilities, government and defense, BFSI, manufacturing, healthcare, and retail are  expected to increase their investments and adopt DDoS protection and mitigation solutions and services.

Budgetary constraints and the lack of awareness of DDoS protection and mitigation solutions and services across industry verticals are major restraints for the growth of the DDoS protection and mitigation market. The Research and Development (R&D) expenses to develop advanced DDoS protection solutions are very high. This rise in R&D expenses leads to the high pricing of DDoS protection and mitigation solutions and services.

Technological proliferation and the evolution of the physical threat landscape is expected to provide significant growth opportunities to  DDoS protection and  mitigation solution and  service vendors. There are  several established players in this market. These players include Arbor Network (US); Akamai Technologies (US); F5 Networks (US); Imperva (US); Radware (Israel); Corero Network Security (US); Neustar (US); Cloudflare (US); Nexusguard (Hong Kong); A10 Networks, (US); Fortinet (US); Huawei Technologies (China); Verisign (US); Zenedge (US), Sucuri (US); SiteLock (US); Flowmon Networks (Czech Republic); StackPath, (US); DOSarrest Internet Security (Canada); Century Link (US) ; NSFOCUS (US); Corsa Technology (Canada); Rackspace (US); Allot (Israel); and Seceon (US).

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