The value of the Distributed Denial of Service (DDoS) Protection and Mitigation market is projected to grow to US$ 6,530.5 Mn with an estimated CAGR of 15.3% by 2032
The market size for global DDoS protection and mitigation is anticipated to reach USD 6 billion By 2028. The factors such as the rise in Distributed Denial-of-Service (DDoS) threats owing to the growing internet connectivity with a huge number of devices ranging from smartphone applications to IoT devices is anticipated to fuel the Distributed Denial-of-Service protection and mitigation industry growth. Furthermore, the increase in the implementation of hosted DDoS protection and mitigation solutions are likely to boost the market growth globally over the forecast period.
The DDoS protection & mitigation consists of effectively safeguarding the networking equipment and targeted server from a DDoS attack. These attacks target individuals and business systems directly, which might lead to huge personal and financial losses. The DDoS protection & mitigation comprises of procuring and managing the equipment that would filter the receiving traffic and capable of resisting the attack The cloud-based security services and designed network analytics devices are used to moderate the incoming threat. It is applicable in the network, endpoint, database, and other applications.
Distributed Denial of Service (DDoS) Protection and Mitigation Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 6,530.5 Mn |
Growth Rate | CAGR of 15.3 % during 2022-2032 |
Segment Covered | By Type, By Deployment, By Enterprise Size, By Industry, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Arbor Networks Inc. (NetScout Systems Inc.), Akamai Technologies Inc., F5 Networks Inc., Radware Ltd, Corero Network Security Inc., Huawei Technology, Fortinet, Link11, Imperva, Cloudflare, A10 Networks, Fastly, StackPath, Seceon |
Key Segment Of The Distributed Denial of Service (DDoS) Protection and Mitigation Market
By Type (USD Million)
• Hardware
• Software
• Services
By Deployment (USD Million)
• Cloud-based
• On-premises
By Enterprise Size (USD Million)
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
By Industry, (USD Million)
• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Retail
• Government
• Others
Regional Overview, (USD Million)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
With the increase in the size, frequency, and advancement in DDoS attacks due to the availability of easy to use modules for such attacks has paved a way for the DDoS protection & mitigation industry growth in the past few years. Enterprises are also growingly concerned about the loss of goodwill and productivity when such attacks happen which impel them to adopt DDoS protection services within their system. The DDoS protection & mitigation industry is also driven owing to the rise in the number of mobile equipment and the advent of the IoT which compel the service providers to upgrade their current security defence systems and deploy sophisticated solutions provided By the vendors to retain continuity in services for their clients. However, complexity in the deployment and maintenance along with the high production cost of DDoS solutions are likely to hinder the industry growth, especially in the small & medium businesses.
Component Segment
The global DDoS protection and mitigation market contains hardware, software, and service segment. The software segment has a maximum revenue share within the global DDoS protection and mitigation market in 2019. This is predominantly owing to the capability to integrate with present systems and availability of deployment alternatives for various mobile devices. However, the services segment is anticipated to grow at a significant growth rate from 2020 to 2028.
Organization Size Segment
Based on the organization size segment, the market is bifurcated into two sub-segments that are small & medium, and large enterprise. In 2019, the large enterprise segment gathered the largest market revenue and it is anticipated to govern the DDoS protection and mitigation market throughout the forecast period. However, the small & medium segment is anticipated to grow at a substantial growth rate over the forecast period.
Deployment Segment
Based on the deployment segment, the market is bifurcated into the network, application, database, and endpoint. In 2019, the network segment gathered the largest market revenue and it is anticipated to dominate the market throughout the forecast period. However, the database segment is anticipated to grow at a substantial growth rate over the forecast period.
End-User Segment
Based on the end-user, the market is segmented into BFSI, telecom & it, healthcare, energy & utilities, education, retail, and others. The market for the telecom & IT sector is anticipated to possess the largest market share in 2019 since the Tech companies today are predominantly developing to match their user needs. Moreover, the industry’s rising need for streamlined business processes coupled with enhanced customer satisfaction, as well as advantages such as risk management, and customized solutions are some of the factors responsible for the DDoS protection and mitigation demand.
The global DDoS protection and mitigation market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the DDoS protection and mitigation applications, owing to an outsized presence of an organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the DDoS protection and mitigation market in North America.
The major players of the global DDoS protection and mitigation market are NETSCOUT, Imperva, Radware, Cloudflare, Akamai Technologies, Link11, Nexusguard, Fortinet, Huawei Technologies, A10 Networks, Flowmon Networks, Verisign, StackPath, and more. The DDoS protection and mitigation market is fragmented with the existence of well-known global and domestic players across the globe.