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DDoS protection and mitigation solution support to protect network or server from a distributed-denial-of-service (DDoS) attack.There is higher demand for DDoS solutions in the market, major solution providers are introducing advanced and hybrid deployment solutions for the small and medium enterprise. Rising adoption of Internet of Things (IoT) technology, mobile devices, routers, IP camera among others, to protect devices from attack demand for DDos aatack solution is anticipated to surge in coming years.
Key Market Driver -
• Increase in number of attacks have surged the adoption of DDoS protection and Mitigation solution
Key Market Restraint -
• Easy access to pirated solutions hinder market growth
Some of the key players in the DDoS protection and mitigation solution market are Flowmon Networks a.s., F5 Inc., Corero Network Security Inc., Fortinet, Inc., Radware, Akamai Technologies, Imperva and others.
In January 2018, Flowmon Networks a.s. partnered with F5 Inc. This partnership offered automated DDoS protection solution to enterprises and service providers. This joined venture will help the service providers against multi-vector DDoS attacks and protect customers business. The solution offers DDoS detection capabilities with mitigation of F5’s BIG-IP® platform with complete automation.
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North America is expected have major market revenue share in DDoS protection and mitigation market. The presence of the DDoS security vendors and service providers in North America. Rise in cyber threats, need for critical infrastructure security in the country, increased transfer of data and online transactions has urged the adoption of these security solutions in this region.
The adoption of these technologies in Middle East has expected to growth highest CAGR in the forecast period.
Asia Pacific is expected to show a substantial growth rate in this maket. For e.g. In March 2018, China Unicom (Hong Kong) Limited and Genie Networks Ltd have launched GenieATM systems to build its largest DDoS protection and mitigation system.
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