DDoS Protection and Mitigation Security Market

DDoS Protection and Mitigation Security Market Size & Share - Future Growth Expectations

At a compound annual growth rate (CAGR) of 13.2%, the market for DDoS protection and mitigation security is anticipated to increase from USD 3.9 billion in 2022 to USD 7.3 billion by 2027, fueled by high demand for cloud-based and hybrid DDoS protection and mitigation solutions.

The DDoS protection and mitigation security market is poised for substantial growth in the coming years, driven by several key factors:

  • Increasing Frequency and Sophistication of DDoS Attacks
  • Proliferation of IoT Devices
  • Adoption of Cloud Services
  • Digital Transformation Initiatives
  • Regulatory Compliance Requirements
  • Increased Awareness and Preparedness

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Increasing Frequency and Sophistication of DDoS Attacks:

Cybercriminals are constantly evolving their methods, leading to more frequent and sophisticated DDoS attacks. This drives organizations to invest in advanced protection and mitigation solutions to safeguard their networks and data.

Proliferation of IoT Devices:

The rapid growth in the number of Internet of Things (IoT) devices has expanded the attack surface for cyber threats. IoT devices are often vulnerable to being hijacked and used in DDoS attacks, necessitating robust protection solutions.

Adoption of Cloud Services:

As more businesses migrate their operations to the cloud, the need for cloud-based DDoS protection solutions has increased. Cloud-based solutions offer scalability, flexibility, and cost-effectiveness, making them attractive to organizations of all sizes.

Digital Transformation Initiatives:

Organizations across various industries are undergoing digital transformation, increasing their reliance on digital services and online presence. This shift makes them more susceptible to DDoS attacks, thereby boosting the demand for protection and mitigation solutions.

Regulatory Compliance Requirements:

Compliance with data protection regulations such as GDPR, CCPA, and industry standards like PCI DSS requires organizations to implement robust security measures, including DDoS protection. This regulatory pressure is a significant driver of market growth.

Increased Awareness and Preparedness:

Growing awareness of the potential damage caused by DDoS attacks has led to increased investment in cybersecurity measures. Organizations are becoming more proactive in implementing DDoS protection to avoid downtime, financial loss, and reputational damage.

DDoS Protection and Mitigation Security Market Share - Global Industry Landscape

The DDoS protection and mitigation security market is characterized by the presence of several key players competing for market share. Some of the leading companies in the DDoS protection and mitigation security industry include:

  • Radware (Israel)
  • Huawei Technology (China)
  • Fortinet (US)
  • Link11 (Germany)
  • DDoS-Guard (Russia)
  • BT (England)

These companies leverage their unique strengths and regional presence to capture significant market shares in the global DDoS protection and mitigation security market.

Radware (Israel):

  • Market Share: Radware is a leading player in the global DDoS protection market with a significant market share due to its advanced solutions and global presence.
  • Key Offerings: DefensePro: A real-time DDoS protection device that detects and mitigates attacks with minimal false positives. Cloud DDoS Protection Service: A cloud-based service offering robust protection against volumetric, application-layer, and encrypted attacks. AppWall: A web application firewall (WAF) that provides comprehensive protection for web applications.

Huawei Technology (China):

  • Market Share: Huawei holds a strong position in the market, particularly in Asia, due to its extensive telecom infrastructure and broad range of security solutions.
  • Key Offerings: AntiDDoS8000 Series: High-performance DDoS mitigation appliances designed to protect network infrastructure from large-scale attacks. Cloud DDoS Protection: Cloud-based solutions that provide scalable protection against DDoS attacks targeting cloud services. Security Services: Comprehensive managed security services including DDoS protection as part of broader cybersecurity offerings.

Fortinet (US):

  • Market Share: Fortinet is a major player in the DDoS protection market with a strong presence in North America and globally due to its wide range of security products.
  • Key Offerings: FortiDDoS: Dedicated hardware appliances that provide real-time, automated protection against DDoS attacks. FortiWeb: A web application firewall that includes DDoS protection as part of its security features. FortiGuard Security Services: Managed security services that include DDoS mitigation and threat intelligence.

Link11 (Germany):

  • Market Share: Link11 has a strong presence in Europe and is known for its innovative cloud-based DDoS protection solutions.
  • Key Offerings: Link11 Cloud Protection Platform: A cloud-native solution that provides comprehensive DDoS protection with real-time traffic analysis and automated mitigation. Link11 Web DDoS Protection: Focuses on protecting websites and web applications from DDoS attacks. Link11 Emergency DDoS Protection: On-demand DDoS mitigation services for organizations experiencing ongoing attacks.

DDoS-Guard (Russia):

  • Market Share: DDoS-Guard is a prominent player in the CIS region with a growing presence in international markets.
  • Key Offerings: DDoS Protection Services: Provides scalable protection for websites, networks, and online services against various types of DDoS attacks. Content Delivery Network (CDN): Enhances performance and security by integrating DDoS protection with CDN services. Managed Security Services: Offers continuous monitoring and mitigation of DDoS attacks as part of its managed services portfolio.

BT (England):

  • Market Share: BT is a major player in the European market, leveraging its telecom infrastructure and managed security services to provide robust DDoS protection.
  • Key Offerings: BT Assure DDoS Mitigation: Provides proactive and reactive DDoS mitigation services to protect network infrastructure and online services. Managed Security Services: Comprehensive services that include DDoS protection as part of broader security solutions. Threat Intelligence Services: Provides insights and intelligence to anticipate and mitigate DDoS attacks.

Related Reports:

DDoS Protection and Mitigation Security Market by Component, Application Area (Network Security, Application Security, Endpoint Security), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare, IT & Telecom) and Region - Global Forecast to 2027

DDoS Protection and Mitigation Security Market Size,  Share & Growth Report
Report Code
TC 4985
RI Published ON
1/18/2023
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