The Global DDoS Protection and Mitigation Market size is expected to reach $4.0 billion by 2023, rising at a market growth of 16% CAGR during the forecast period. DDoS attacks lead to traffic congestions, as such attacks lead to flooding networks with numerous illegitimate network packets. Growing DDoS attacks would be a major factor that would drive the market for DDoS protection and mitigation solutions and services. Hardware DDoS protection and mitigation solutions are now popular, as these solutions can mitigate large network-based DDoS attacks or floods, reflective amplified spoof attacks, and application layer attacks.
Based on Component, the DDoS Protection and Mitigation market segments the market into Hardware, Software, and Services. Based on Application Area, the market report segments the market into Network, Database, Application, and Endpoint. Based on Organization Size, the DDoS Protection and Mitigation market segments the market into Small & Medium Enterprises and Large Enterprises. Based on Deployment Mode, the market report segments the market into Cloud & Hybrid and On-Premise. Based on Vertical, the DDoS Protection and Mitigation market segments the market into BFSI, Government & Defense, Manufacturing, Healthcare, Energy & Utilities, Retail, Telecom & IT, and Others. Based on Regions, the DDoS Protection and Mitigation market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Global DDoS Protection and Mitigation Market. Key companies profiled in the report include Huawei Technologies Co., Ltd., Imperva, Inc., F5 Networks, Inc., NeuStar, Inc., A10 Networks, Inc., Akamai Technologies, Inc., Fortinet, Inc., NetScout Systems, Inc. (Arbor Networks), Radware, and Verisign, Inc.