The World Market for DDoS Protection 2019-2024: Projected to Grow at a CAGR of 24.9% with BFSI Expected to Hold a Significant Share - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 24, 2019--
The “DDoS Protection Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The DDoS protection market is expected to record a CAGR of 24.9% over the forecast period (2019-2024).
According to Corero, the DDoS attacks are expected to grow to 17 million by 2020, with an average attack size approaching 1Gbps. This alarming growth in the number of network attacks is expected to be a major driver for the adoption of DDoS protection solutions.
The threat of DDoS is driven by ready access to easy-to-use tools and by a wider criminal understanding of its potential for profit through extortion. These attacks that directly target business systems and individuals, which could potentially lead to huge financial and personal losses. This further increases the importance of a robust DDoS protection tool.
Key Market Trends
BFSI is Expected to Hold a Significant Share
North America is Expected to Hold Major Share
The DDoS Protection market is highly competitive and consists of several major players. Many companies are increasing their market presence by introducing new products or by entering into strategic mergers and acquisitions.
Key Topics Covered
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Instances of Sophisticated DDoS Attacks
4.3.2 Introduction of Cost-effective Cloud-based and Hybrid Solutions
4.3.3 Proliferation of Technology and Adoption of IoT across Various Verticals
4.4 Market Restraints
4.4.1 Increasing Operational Costs
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter’s Five Force Analysis
4.7 Technology Snapshot
5 MARKET SEGMENTATION
5.1 By Component
5.1.2 Service (Professional Service, Managed Service)
5.2 By Organization Size
5.2.1 Small and Medium Enterprises (SMEs)
5.2.2 Large Enterprises
5.3 By Application
5.4 By End-user Industry
5.4.1 Government and Defense
5.4.4 Energy and Utilities
5.4.5 IT and Telecom
5.4.9 Other End-user Industries
5.5.1 North America
5.5.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Arbor Networks Inc. (NetScout Systems Inc.)
6.1.2 Akamai Technologies Inc.
6.1.3 F5 Networks Inc.
6.1.5 Radware Ltd.
6.1.6 Corero Network Security Inc.
6.1.7 Neustar Inc.
6.1.8 Cloudflare Inc.
6.1.9 Nexusguard Ltd.
6.1.10 Dosarrest Internet Security Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/e9eqhu
View source version on businesswire.com:https://www.businesswire.com/news/home/20190524005248/en/
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Related Topics:IT Security
INDUSTRY KEYWORD: TECHNOLOGY SECURITY
SOURCE: Research and Markets
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PUB: 05/24/2019 11:20 AM/DISC: 05/24/2019 11:21 AM