The global DDoS protection & mitigation security market size is projected to grow from USD 5.17 billion in 2024 to USD 9.63 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. A DDoS attack has become frequent, and its advancement has increased as businesses' dependence on the internet increases. The use of IoT devices has increased because several such devices do not possess strong security measures; hence, they can be manipulated by the botnets to launch DDoS attacks. The shift from traditional architectures to the cloud also helps increase the demand for elastic DDoS protection solutions for contemporary cloudy infrastructures. Besides, emerging regulatory and data protection legal obligations warrant organizations to bolster security measures against services such as DDoS.
The major vendors in the DDoS protection & mitigation security market include NetScout (US), Akamai (US), Radware (Israel), Huawei (China), Fortinet (US), Imperva (US), F5 (US), Cloudflare (US), BT (England), A10 Networks (US). The market players have adopted various strategies such as developing advanced products, partnerships, contracts, expansions, and acquisitions to strengthen their DDoS protection & mitigation security market position. Organic and inorganic strategies have helped the market players expand globally by providing DDoS protection & mitigation security solutions.
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NetScout
NetScout is a recognized application and network performance management solutions and products company. The product offerings include business assurance, service assurance, and security assurance, with strong DDoS attack and threat solutions and Business Intelligent solutions. NetScout specializes in serving customers from different industries, such as government, retail banking, healthcare and pharma, utilities, manufacturing, BFSI, education, and transportation. Arbor Networks is a security division of NetScout and offers the highest level of DDoS protection and mitigation services. It has many different DDoS protection and mitigation products some of which include Arbor Networks APS, Arbor Cloud, and Arbor Networks TMS. Arbor Networks APS is an on-premises tool that assists in the decryption and analysis of encrypted traffic.
Akamai
Akamai provides solutions in categories such as security solutions, web performance solutions, media delivery solutions, and network operator solutions. Akamai is into web and mobile acceleration, domain name systems and traffic management, media delivery, cloud security, and CDN. Its cloud security suite includes protection for application layers, bot management, DoS protection, and threat protection. The company is a global and prominent specialist in the market for DDoS protection and mitigation. The essential security solutions that Akamai put forward to counter DDoS are as follows:- Kona Site Defender, Web Application Protector, Fast DNS, Prolexic Kona Site Defender offers a naked shield to websites and applications against sophisticated DDoS attacks. The company enables enterprises to manage their network and infrastructures, save money, and have more throughputs over time. Akamai offers security solutions for websites, applications, and users to assist enterprises in managing constantly emerging threats.
Related Reports:
DDoS Protection & Mitigation Security Market by Solution Type (Network Traffic Analyzers, Threat Mitigation System, Botnet Detection & Management, Security Information & Event Management, Anomaly Detection, Orchestration & Automation) - Global Forecast to 2029
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