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The market for distributed denial of service protection in North America is expected to account for largest share in the global market over the forecast period.
Distributed Denial of Service Protection Market - Trends, and Analysis
2017-2025
A distributed denial-of-service (DDoS) attack involves attacking computer systems, which
includes websites, servers, mails, online payments, and data transfer. Websites of Visa,
MasterCard, Amazon, and PayPal among others are prominent targets for DDoS attacks.
High volume of traffic, connection request, floods of mails, and messages to the target system
are responsible for distributed denial of service attacks, which may slow down the system or
may even lead to crash down of the system.
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In a typical distributed denial of service attack, the process begins with infecting the system
with Malware or other potential virus or restricting user authentication by identifying default
password of the system. Therefore, in order to prevent distributed denial of service attacks,
software is used for detection of potential threads and filtering malicious traffic that is aimed
to restrict Internet-based services, and computer devices. For instance, CloudFlare’s
advanced DDoS protection, Kona Site Defender and Verisign DDoS Protection Services can
be utilized to mitigate all forms of DDoS attacks, especially those which target UDP, ICMP
protocols, amplification of DNS, and online threads including DDoS attack in network and
application layer, SQL injection, and XSS attacks.
Increasing utilization of mobile devices and rising adoption of Internet are expected to be
factors for the overall market growth. For instance, according to Coherent Market Insights’
analysis, as of 2016, over 68% of global population is already using mobile phones. In
addition to that, according to Internet World Stats, as of June 30, 2017, total Internet users
count was totaled at 3,885,567,619 among global population of 7,519,028,970.
Furthermore, banking and finance services sector is a potential target for DDoS attacks.
Proliferation in online transactions and increasing use of services such as National Electronic
Fund Transfer (NEFT), Real-time Gross Settlement Systems (RTGS), Electronic Clearing
Service (ECS) as well as mobile transactions, has led to demand for solutions that aid in
carrying out these tractions safely and securely. Moreover, increasing number of payment
gateways, e-Commerce websites, and mobile application that accept online transactions and
store credit card and debit card information are also susceptible to hacking. Hence, this is
used for protecting private information of data or cash related to their customers. This
confidential data is highly susceptible to DDoS attack. For instance, according to the Reserve
Bank of India (RBI), for the year 2015–2016, 16,468 frauds were reported associated with
ATM, debit card, credit card, and net banking. In 2014–2015 the number of frauds were
13,083 and 9,500 in the year 2013–14, reported by RBI. Owing to these reasons DDoS
protection market is expected to exhibit high growth rate over the forecast period.
However, high initial cost of software and lack of awareness and technical proficiency about
the software, are the two major factors expected to restraint growth of the global distributed
denial of service protection market over the forecast period.
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Distributed Denial of Service (DDoS) Protection Market Taxonomy
On the basis of component, the global distributed denial of service (DDoS) protection market
is segmented into:
● Services
● Solutions
On the basis of deployment mode, the global distributed denial of service (DDoS) protection
market is segmented into:
● Cloud
● Hybrid
● On-Premises
On the basis of organization size, the global distributed denial of service (DDoS) protection
market is segmented into:
● Small and Medium-sized Enterprises
● Large Enterprises
On the basis of end-user industry, the global distributed denial of service (DDoS) protection
market is segmented into:
●
●
●
●
●
●
●
Government and Defense
Banking, Financial Services, and Insurance (BFSI)
IT and Telecom
Manufacturing
Energy and Utilities
Healthcare
Retail
● Others (Education, Research)
North America accounted for the largest market share in 2016 in the global distributed
denial of service (DDoS) protection market
The global market is segmented on the basis of regions into North America, Europe, Asia
Pacific, Latin America, Middle East, and Africa. The market for distributed denial of service
protection in North America is expected to account for largest share in the global market over
the forecast period. This growth is attributed to the presence of key players of this market in
this region especially in the U.S. and Canada such as Arbor Networks, Inc. (U.S.), Akamai
Technologies, Inc. (U.S.), F5 Networks (U.S.), Imperva, Inc. (U.S.), and DOSarrest Internet
Security, Ltd. (Canada).
Moreover, advancement in technologies and increasing use of 2G, 3G, and 4G Long-Term
Evolution (LTE) wireless networks have in turn also made these networks increasingly
susceptibility to cyber-attacks. These cellular networks enables connectivity and
communications to exchange real-time information, data, and online transactions among
others, which is prominent target for cyber-attacks. For the security and flexibility of these
online communication DDoS security solution plays a major role. According to Coherent
Market Insights’ analysis, in 2016, over 88% of the U.S. population had access to the
Internet, which is around 280 million of the U.S. population.
Key Market Players in the Global Distributed Denial of Service (DDoS) Protection
Market:
Major players operating in the global distributed denial of service (DDoS) protection market
are Arbor Networks, Inc., Akamai Technologies, Inc., F5 Networks, Inc., Imperva incapsula,
Radware Ltd., Corero Network Security, Inc., Neustar, Inc., Cloudflare, Inc., Nexusguard
Ltd., and DOSarrest Internet Security Ltd.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services, and
competitive analysis through various recommendations related to emerging market trends,
technologies, and potential absolute dollar opportunity.
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:​ ​[email protected]
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Author
apeksha motghare
apeksha motghare455   documents Email
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