DDoS Protection and Mitigation Market

Market Leader - DDoS Protection and Mitigation Market

The DDoS protection and mitigation market is expected to gain traction, due to the rise in DDoS attacks; high demand for cloud-based and hybrid DDoS protection and mitigation solutions; increase in the availability of DDoS stresser services to induce DDoS attacks; and rise in the adoption of Internet of Things (IoT), which are subjected to the high density of DDoS attacks. The technological proliferation and the rising demand of organizations for advanced DDoS protection and mitigation solutions and services to protect their network infrastructures are some of the factors that are expected to contribute to the growth of the DDoS protection and mitigation market. MarketsandMarkets forecasts the 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.

There are several established players in the DDoS protection and mitigation market, 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). These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers, acquisitions, and new product developments, to achieve growth in the DDoS protection and mitigation market.

Imperva is one of the leading players in the DDoS protection and mitigation market. The company is an established player, with a widespread channel that provides DDoS protection and mitigation solutions and services across the globe. It has a strong DDoS protection and mitigation portfolio that includes solutions, such as Website Protection, Name Server Protection, and Infrastructure Protection. The company adopts both organic and inorganic growth strategies to enhance its market presence. For instance, in 2016, the company collaborated with Symantec. According to the partnership, the Imperva Incapsula service would be included in the Symantecís Website Security solution. Impervaís Incapsula cloud-based security services offer enhanced protection to websites, and Symantecís Website Security solution provides apt DDoS protection from web attacks. In April 2015, Imperva enhanced its cloud-based application delivery services that include turnkey integration with Security Information and Event Management (SIEM) tools, the external monitoring of network infrastructures, and multi-protocol DDoS protection for dedicated customersí IP addresses.

Akamai is another established vendor in the DDoS protection and mitigation market. The company has a strong presence in the US market. It focuses on both organic and inorganic growth strategies to leverage the benefits of the DDoS protection and mitigation market. For instance, in November 2017, the company partnered with Bell, a Canadian-based communications company. As a part of this partnership, both the companies would come together to deliver cloud security, web performance, and media and delivery solutions for Canadian enterprises. After the partnership with Bell, the company acquired Nominum, a highly renowned provider of DNS-based security solutions. With this acquisition, Akamai aims at increasing its customer base and delivering robust cybersecurity solutions that can effectively combat advanced cyber threats. In September 2016, Akamai Technologies expanded its business by opening an additional office in the UK. This new office supports Akamaiís other UK offices and aids in scheduling customer appointments, training programs, and large-scale events. This expansion would help Akamai in growing its business in the EMEA region.

Related Reports:

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

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Report Code
TC 4985
RI Published ON
4/24/2018
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