DDoS Protection and Mitigation Security Market Size - By Component (Hardware, Software, Services), Application (Network Security, Endpoint Security, Application Security, Database Security), Enterprise Size, Deployment Mode, Industry Vertical & Forecast, 2024 - 2032

DDoS Protection and Mitigation Security Market Size

DDoS Protection and Mitigation Security Market size was valued at USD 4 billion in 2023 and is estimated to register a CAGR of 15% between 2024 and 2032. Regulatory mandates compel organizations to invest in advanced DDoS protection solutions to ensure compliance. Moreover, the critical imperative to fortify against evolving cyber threats propels the market's growth, positioning DDoS protection and mitigation security as vital components in meeting regulatory requirements and safeguarding against malicious activities. For instance, in November 2023, NETSCOUT introduced Adaptive DDoS Protection for Arbor Edge Defense (AED), designed to safeguard ISPs and enterprises against DNS water torture attacks.
 

The surge in digital transformation initiatives, coupled with collaborative partnerships, is steering the growth of the DDoS protection and mitigation security industry. As organizations undergo extensive digitization, the imperative to safeguard against evolving cyber threats intensifies. Collaborations with strategic partners amplify the efficacy of defense mechanisms, fostering innovation and resilience. This synergy between digital transformation endeavors and strategic alliances positioned the DDoS protection and mitigation security market for sustained expansion and heightened relevance in the cybersecurity landscape.
 

For instance, in September 2023, Akamai formed a strategic alliance with Corero, a prominent on-premises DDoS solutions specialist, to expand the Prolexic DDoS protection platform. This collaboration merges two cutting-edge technologies, offering customers top-tier, full line-rate performance for rapid on-premises, cloud, and hybrid DDoS defense of their internet-connected assets.
 

The shortage of skilled cybersecurity professionals capable of understanding and mitigating DDoS attacks contributes to the challenges faced by organizations. There is a need for personnel with expertise in DDoS protection, incident response, and threat intelligence. Furthermore, implementing and maintaining advanced DDoS protection solutions can be costly and complex. Small and medium-sized enterprises (SME) may face challenges in allocating resources for comprehensive DDoS protection measures.
 

DDoS Protection and Mitigation Security Market Trends

The DDoS protection and mitigation security industry is propelled by the upward trend in adopting cloud-based services. Organizations increasingly opt for cloud-based DDoS protection solutions due to their scalability, flexibility, and ability to mitigate attacks closer to the source. This trend aligns with the growing reliance on cloud infrastructure, providing businesses with robust and easily deployable defenses against distributed denial-of-service threats, contributing significantly to the market's continued growth.
 

For instance, in May 2023, Radware, a cybersecurity and application delivery solutions provider, unveiled an innovative cloud-based DDoS protection solution aimed at bridging the gap between traditional DDoS mitigation and the rising threat of aggressive L7 (Layer 7) HTTPS flood attacks, commonly referred to as Web DDoS tsunami attacks.
 

DDoS Protection and Mitigation Security Market Analysis

Based on component, the services segment is expected to expand at a CAGR of over 17% during the forecast period, attributed to the increasing sophistication of cyber threats, prompting organizations to seek comprehensive solutions. Service providers offer specialized expertise, real-time monitoring, and rapid response capabilities, addressing the evolving nature of distributed denial-of-service attacks. As businesses prioritize robust cybersecurity measures, the demand for professional services in DDoS protection continues to grow, solidifying the services segment's prominent position in the market.
 

Based on the application, the network security segment held over 39% of the DDoS protection and mitigation security market share in 2023. As businesses fortify their digital landscapes against cyber threats, the emphasis on safeguarding network infrastructure intensifies. Network security solutions, encompassing firewalls, intrusion prevention systems, and traffic filtering, play a pivotal role in mitigating DDoS attacks. With an increasing reliance on robust network defenses, the network security segment solidifies its dominance in the market, addressing the evolving landscape of cybersecurity challenges.
 

North America DDoS protection and mitigation security market accounted for 33% of the revenue share in 2023. The prevalence of advanced technologies and widespread digitalization has compelled businesses to prioritize robust defense mechanisms, fostering a substantial demand for effective DDoS protection solutions in North America. This dominance is further bolstered by the region's proactive approach to addressing evolving cyber threats and safeguarding critical digital assets.
 

DDoS Protection and Mitigation Security Market Share

Cloudflare, Inc., Akamai Technologies and Amazon Web Services hold a significant market share of over 23% in the DDoS protection and mitigation security industry. These companies expanded their market presence through targeted acquisitions. By integrating innovative technologies and expertise from acquired entities, these companies bolstered their offerings, catering to the escalating demand for robust cybersecurity solutions. Additionally, proactive partnerships with industry leaders allowed them to forge alliances, exchange insights, and collectively enhance their capabilities, solidifying their positions as key players in the competitive landscape of DDoS protection and mitigation security.
 

These firms also demonstrated agility by continuously innovating and adapting to emerging threats. Staying ahead of the cybersecurity curve, they invested in research and development, introducing cutting-edge solutions that addressed the evolving tactics of DDoS attacks. By actively engaging with their customer base, these companies met existing security needs and future challenges, ensuring sustained relevance, and reinforcing their market presence in the DDoS protection and mitigation security industry.
 

DDoS Protection and Mitigation Security Market Companies

Major companies operating in the DDoS protection and mitigation security industry are:

• A10 Networks
• Akamai Technologies
• Allot Ltd.
• Amazon Web Services, Inc.
• Cloudflare, Inc.
• Comodo Security Solutions, Inc
• F5, Inc.
• Link11 GmbH
• Microsoft Corporation
• NetScout Systems, Inc.
• Nexusguard
• Radware Inc.
• SiteLock
• Verisign Inc.
   

DDoS Protection and Mitigation Security Industry News

• In October 2023, Akamai Technologies, Inc., the cloud-based firm empowering and securing online experiences, introduced its newest Akamai Prolexic scrubbing centers in Toronto and Montreal. These state-of-the-art centers provide top-notch distributed denial-of-service (DDoS) protection services to both local and international businesses, government entities, and crucial public infrastructure.
   
• In March 2023, Radware unveiled a state-of-the-art cloud application security center in Israel as a key element of their initiative to expand cloud security services. This strategic effort underscores Radware's commitment to innovation and scalability in the realm of cloud security.
   

The DDoS protection and mitigation security market research report include in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 - 2032, for the following segments:

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Market, By Component

• Hardware
• Software
• Services
  • Professional Services
  • Managed Services

Market, By Enterprise Size

• SME
• Large Enterprises

Market, By Deployment Mode

• On-premises
• Cloud-based
• Hybrid

Market, By Application

• Network Security
• Endpoint Security
• Application Security
• Database Security

Market, By Industry Vertical

• Government and Defense
• BFSI
• Manufacturing
• Energy and Utility
• IT and Telecommunication
• Healthcare
• Education
• Retail
• Other 

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA