Technavio Announces the Publication of its Research Report Global DDoS Protection Market 2017-2021
Technavio recognizes the following companies as the key players in the global DDoS protection market: Akamai Technologies, ARBOR NETWORKS, F5 Networks, Imperva, and Neustar.Other Prominent Vendors in the market are: Allot, BlockDoS, CDNetworks, CenturyLink, Cisco Systems, Corero Network Security, CORETX, DDoS-GUARD, Fortinet, Genie Networks, Huawei Technologies, Netmagic Solutions, NSFOCUS, Radware, RIOREY, SiteLock, Total Server Solutions, and VeriSign.Commenting on the report, an analyst from Technavios team said: One trend in the market is popularity of cloud-based DDoS protection. Cloud computing enables enterprises to conveniently store critical business data.
Therefore, its adoption is increasing among SMEs worldwide. It is seen that the adoption of on-premises DDoS protection software among SMEs is limited due to budget constraints, need to hire IT resources, and lack of expertise to address security problems.
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According to the report, one driver in the market is growing dependence on the Internet.
The use of the Internet worldwide increased exponentially. in 2015-2016, the number of Internet users have increased by more than 12% YOY and will be more than 4.5 billion by 2021, growing at a CAGR of 9% during the forecast period.
The escalating use of mobile devices, such as laptops, smartphones, and tablets, has led to a deeper Internet penetration all over the world. The Internet plays a pivotal role in the lives of the people because they are increasingly dependent on it for everyday tasks.Further, the report states that one challenge in the market is high cost of deployment.
The high cost of deploying DDoS protection solutions is one of the key challenges in the market. The price of DDoS protection solutions includes the cost of software licensing, training and deployment, customization, and maintenance.
Pricing models of DDoS protection might vary based on vendors and the availability of deployment options. A number of vendors offer the traditional initial purchase coupled with maintenance and subscriptions bundles.
The package of DDoS protection solutions also entails hidden costs that are not clearly mentioned prior to purchase.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.About DDoS ProtectionDenial-of-service is one of the commonest techniques used to steal confidential information from companies.
This technique allows hackers to send harmful data into a user's web server and network resources to increase traffic. In addition, it automatically induces requests for access and blocks both the server and accessibility to legitimate users.
Hackers are now opting for distributed denial-of-service (DDoS) techniques, an improved version of denial-of-service (DoS), to initiate a coordinated attack from multiple systems. DDoS has a more powerful effect than DoS.Technavios analysts forecast the global DDoS protection market to decline at a CAGR of (13.04%) during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global DDoS protection market for 2017-2021. To calculate the market size, the report considers the revenue generated from DDoS solutions and DDoS services markets.The market is divided into the following segments based on geography:
EMEATechnavio's report, Global DDoS Protection Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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NeustarOther prominent vendors
Corero Network Security
Total Server Solutions
Growing dependence on the Internet
For a full, detailed list, view our report Market challenge
High cost of deployment
For a full, detailed list, view our report Market trend
Popularity of cloud-based DDoS protection
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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