Global DDoS Protection Market - Trends Analysis, Company Usability Profiles & Forecasts to 2024
360iResearch predicts the global ddos protection market to grow from USD 868.30 million in 2016 to USD 4,524.79 million by 2024, at a Compound Annual Growth Rate (CAGR) of 22.92%. The year 2016 has been considered as the base year, while the forecast period is up to 2024.
The major forces driving the growth of the ddos protection market include the need to manage increasing instances of ddos attack and developing regulatory framework to ensure it security. However evolutionary nature of ddos and bot attacks, and customer demand on-demand access to the content may hinder the market growth. In the middle of difficulty lies opportunity such as the focus towards smes, iot demands better security, and hybrid ddos. The possible challenges for the market growth are available preventive measures do not offer complete protection, and lack of organizational support. But key players in the market are overcoming the challenges with continual improvement and innovation.0
Based on industry, the global ddos protection market is studied across aerospace & defense, automotive & transportation & logistics, banking, financial services & insurance, building, construction & real estate, consumer goods & retail, education, energy & utilities, government & public sector, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, and travel & hospitality. Based on geography, the global ddos protection market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the ddos protection market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Akamai Technologies, Inc., Arbor Networks, Inc., Microsoft Corporation, Cloudflare, Inc., Corero Network Security, Inc., F5 Networks, Inc., HaltDos Pvt. Ltd., Imperva, Inc., Kentik Technologies, Inc., NeuStar, Inc., Nexusguard, Ltd., Radware, Ltd., Dell SonicWALL, Inc., Symantec Corporation, and WatchGuard Technologies, Inc..
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of ddos protection market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the ddos protection market that will impact the demand during the forecast period. Moreover, the competitive analysis of ddos protection market brings an insight on the company usability profiles of the leading players. Additionally, the analysis highlights business overview, product offering, SWOT analysis of the key companies in the market.
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