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(IT-NEWSWIRE.COM, March 06, 2018 ) According to Publisher, the global ddos protection market to grow from USD 868.3 million in 2016 to USD 3658.71 million by 2023, at a CAGR of 22.81%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
The Distributed Denial of Service attack (DDoS) protection market refers to all the measures taken to identify, manage, migrate and mitigate DDoS attacks. DDoS attacks generally render a computer resource unavailable or inaccessible for a significant period of time. The main motive of such kind of organized and targeted attacks is to make the critical resource unavailable that can cause significant downtime. Such kind of attacks disrupts normal business operations by degrading application and website performance and availability and can sometimes even force them offline completely.
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The major forces driving the growth of the ddos protection market include the increasing cases and sophistication of ddos attacks and need to detect and mitigate ddos floods. Moreover, introduction of low cost cloud and hybrid solutions and stringent government regulations to deploy it security are also some of the factors that are driving the market growth. However limited provide to detect & filter traffic, and complexity in delivering on demand coverage may hinder the market growth. In the middle of difficulty lies opportunity such as the cloud security for ddos protection, and increasing demand of integrated security solutions. The possible challenges for the market growth are ever evolving nature of ddos attacks, and lack of expertise and situational awareness. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global ddos protection market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, transportation & logistics, and travel & hospitality. Based on geography, the global ddos protection market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
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Top Player: Akamai DDoS & Application Protection Arbor DDoS Cloudflare Corero SmartWall DDoS Protection Solutions F5 HERCULON DDoS Hybrid Defender Incapsula DDOS Protection Kentik DDoS protection & Mitigation Neustar DDoS Protection Solutions Nexusguard DDoS Protection Platform Radware DefensePro
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Source: EmailWire.Com
Source: EmailWire.com
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