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DDoS Protection and Mitigation Global Market is Projected to Reach $9.7 Billion in 2030: Sustained Expansion in IoT Investments Underpins Growth

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Dublin, May 08, 2023 (GLOBE NEWSWIRE) -- The "DDoS Protection and Mitigation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for DDoS Protection and Mitigation estimated at US$3.2 Billion in the year 2022, is projected to reach a revised size of US$9.7 Billion by 2030, growing at a CAGR of 14.8% over the analysis period 2022-2030.

Hardware Solutions, one of the segments analyzed in the report, is projected to record a 13.3% CAGR and reach US$4.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software Solutions segment is readjusted to a revised 16.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $936.6 Million, While China is Forecast to Grow at 13.9% CAGR

The DDoS Protection and Mitigation market in the U.S. is estimated at US$936.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 13.9% over the analysis period 2022 to 2030.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 12.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Select Competitors (Total 16 Featured) -

  • A10 Networks, Inc.

  • Akamai Technologies, Inc.

  • Allot Communications Ltd.

  • Arbor Networks, Inc.

  • CenturyLink, Inc.

  • Cloudflare, Inc.

  • Corero Network Security, Inc.

  • Corsa Technology Inc.

  • DOSarrest Internet Security Limited

  • F5 Networks, Inc.

  • Flowmon Networks A.S.

  • Fortinet, Inc.

  • Huawei Technologies Co., Ltd.

  • Imperva, Inc.

  • Neustar, Inc.

  • Nexusguard Limited

  • NSFOCUS, Inc.

  • Rackspace

  • Radware Ltd.

  • Seceon Inc.

  • Sitelock, LLC.

  • StackPath

  • Sucuri

  • Verisign, Inc.

Key Attributes:

Report Attribute

Details

No. of Pages

181

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$3.2 Billion

Forecasted Market Value (USD) by 2030

$9.7 Billion

Compound Annual Growth Rate

14.9%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • Impact of Covid-19 and a Looming Global Recession

  • DDoS Protection and Mitigation: A Prelude

  • Robust Growth Projected for DDoS Protection and Mitigation Solutions Market

  • DDoS Protection and Mitigation - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Complexity in Global Cybersecurity Landscape Makes DDoS Protection and Mitigation Highly Relevant

  • Rising Number of Network and Application Targeted DDoS Attacks Widens Adoption of DDoS Protection and Mitigation Solutions

  • Sustained Expansion in IoT Investments Underpins Market Growth

  • Global IoT Device Connections in Billion for the Years 2015 through 2025

  • Massive Growth in Cloud Computing Sector and Parallel Increase in Cloud Infrastructure Security Build Ample Opportunities

  • World Public Cloud Services Revenues (in US$ Billion) by Segment for the Years 2016 through 2020

  • Amid Rising DDoS Threats, Banking & Financial Enterprises Seek Dedicated DDoS Tools

  • Healthcare Sector Emerges as Niche Consumer of DDoS Protection and Mitigation Tools

  • 'Cybersecurity Preparedness' Amplifies Demand for DDoS Solutions in Government Sector

  • Evolution of Cybersecurity as Most Critical Business Strategy for Telecom Companies Instigates Robust Growth Opportunities

  • Telecos Embrace DDoS Tools to Safeguard Cellular Networks

  • Retail Sectors' Priority for Cybersecurity Augurs Well

  • Cloud-based DDoS Protection Solutions Set to Make Big Gains

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/p1utbw

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