DDOS Protection Mitigation Market to grow by USD 30.43 billion at a CAGR of 14.85% from 2022 to 2027>
PR Newswire –
The DDOS protection mitigation market is expected to grow by $30\)43 billion from 2022-2027 at a CAGR of 14\)85%.
Key players include A10 Networks, Akamai Technologies, BT Group, Cloudflare, and others.
North America is estimated to contribute 39% of market growth, driven by technology adoption from major tech firms, increasing cyber threats, and reliance on digital services.
Solutions like cloud tools, IoT, and cyber insurance are also driving demand.
Major technologies used include network/cloud-based protection, hybrid solutions, traffic filtering, anomaly detection, application layer defense, infrastructure protection, and more – leveraging AI and machine learning.
Growth drivers include the rising number of DDOS attacks causing financial and operational disruptions.
Strategic initiatives by companies are an emerging trend, though deployment/management complexity poses a challenge.
The market is segmented by application (network, application, database, endpoint security) and component (hardware, software, services).
DDoS threats significantly impact network security for businesses relying on online presence.
The report provides insights on market size, growth contributions by region, drivers/trends/challenges, competitive landscape, and growth factors – intended to help companies evaluate opportunities.
Link: https://prn.to/4bxQEo8