The DDoS Protection And Mitigation Global Market Report 2023 by The Business Research Company, provides DDoS protection and mitigation market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s DDoS Protection And Mitigation Global Market Report 2023, the market size will grow from $3.7 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the DDoS protection and mitigation is expected to grow to $7.64 billion in 2027 at a CAGR of 15.6%.
Increasing cyberattacks on websites are expected to propel the growth of the DDoS protection and mitigation market going forward. Cyberattacks are deliberate and malicious attempts by individuals or organizations that breach the information system of another individual to disrupt the network. DDoS protection and mitigation helps protect a server or network that is targeted by a DDoS (distributed denial-of-service) attack, as a result, increasing cyber-attacks increase the demand for DDoS protection and mitigation.
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The DDoS protection and mitigation market is segmented:
1) By Component: Hardware Solution, Software Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small and Medium Enterprises, Large Enterprises
4) By Application: Network security, Endpoint Security, Application Security, Database security
5) By End-User: IT and Telecom, Government, Education, Other End-Users
Technological advancements are a key trend in the DDoS protection and mitigation market. Major companies operating in the DDoS protection and mitigation market are focused on developing new technological solutions to strengthen their position. For instance, in 2021, Mazebolt Technology, Israel-based DDoS protection and mitigation, and cybersecurity company launched its new product which is the world’s first DDoS risk assessment product named the MazeBolt Radar. Radar is a patented technology that provides DDoS protection through DDoS simulations on live production without any downtime. This technology maintains DDoS mitigation without any disruptions and downtime.
The DDoS protection and mitigation market report table of contents includes:
- Executive Summary
- DDoS Protection and Mitigation Market Characteristics
- DDoS Protection and Mitigation Market Trends And Strategies
- DDoS Protection and Mitigation Market – Macro Economic Scenario
- DDoS Protection and Mitigation Market Size And Growth
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- DDoS Protection and Mitigation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The DDoS Protection and Mitigation Market
- DDoS Protection and Mitigation Market Future Outlook and Potential Analysis
- Appendix
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