New York, Oct. 03, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “DDOS-Cyber Attack Solutions Global Market Report 2022” – https://www.reportlinker.com/p06323459/?utm_source= GNW
Neustar Inc., Dosarrest Internet Security Ltd, F5 Networks, AhnLab and Alibaba Cloud.
The DDOS cyberattack solutions market is expected to grow from $3.01 billion in 2021 to $3.53 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%. The market is expected to reach 6.37 billion in 2026 at a compound annual growth rate (CAGR) of 15.9%.
The DDOS cybersecurity solutions market includes sales of DDOS cybersecurity solutions and related services by entities (organizations, sole proprietorships, and partnerships) that are used for the prevention of distributed denial of service (DDOS) attacks by malicious actors who for various reasons want to sabotage the network and operation of a targeted organization by flooding their servers with internet traffic to prevent legitimate users from accessing their services. DDOS cybersecurity solutions are services provided by companies to users to mitigate DDOS attacks.
The main types of DDOS cyberattack solutions are hardware, software, and services. Hardware solutions provide DDOS cyberattack hardware that acts as a physical barrier between the organization’s network and potential attackers.
The hardware is most effective when applied at the edge of the network to protect all other internal devices from attack, including firewalls. They are used in various enterprises, such as small and medium enterprises and large enterprises, deployed on premises, in the cloud and hybrids.
The numerous applications include network security and database security, which are used in various verticals such as government and defense, BFSI, manufacturing, energy and utilities, among others.
North America was the largest region in the DDOS Cyber Attack Solutions market in 2021. The regions covered in the DDOS Cyber Attack Solutions market report are Asia-Pacific, Western Europe, Eastern Europe, East, North America, South America, Middle East and Africa. .
The DDOS-Cyber-Attack Solutions Market research report is part of a series of new reports that provide statistics on the DDOS-Cyber-Attack Solutions market, including global industry market size DDOS-cyber-attack solutions, regional shares, competitors with a DDOS-cyber-attack solutions market share, detailed DDOS-cyber-attack solutions market segments, market trends and opportunities, and any This DDOS-Cyber-Attack Solutions Market Research Report provides a comprehensive perspective of everything you need, with in-depth analysis of the current and future scenario of the industry.
The increase in the number of DDOS attacks is contributing significantly to the growth of the DDOS cybersecurity market. As enterprises increasingly move their applications and infrastructure to the public cloud, the scope of DDOS attacks increases and attackers become sharper, more organized, and more focused in pursuit of their goals.
As a result, more and more companies are demanding DDOS cyberattack solutions. For example, according to a 2021 Radware Global Threat Analysis report, DDOS attacks increased by 37% between 2020 and 2021.
Hence, an increase in the number of DDOS attacks will drive the growth of the DDOS cybersecurity market.
Technological advancement has become a key trend that is gaining popularity in the DDOS network security solution market. Major companies operating in the DDOS cybersecurity solutions industry are focusing on introducing new technologies to improve user security and mitigate sophisticated and new attacks by DDOS attackers.
For example, in January 2022, Bigleaf, an Internet redundancy and optimization services company based in the United States, launched a DDOS mitigation service based on cloud and Internet technology. It works on various circuits to help companies provide more reliable services to their users.
It is circuit independent, allowing users to protect any ISP connection they use under a single service contract. It also covers their entire bandwidth, reducing risk exposure while simplifying support and service responsibilities.
In February 2022, Radware Inc., an American cybersecurity and application provider, acquired SecurtiyDAM for $30 million. The acquisition will help Radware expand its cloud security services, as SecurityDAM specializes in cloud-based DDOS solutions and software licensing to monitor and control DDOS attacks. SecurityDAM is an Israel-based cybersecurity and application provider.
The countries covered in the DDOS-cyber-attack solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea , the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06323459/?utm_source=GNW
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