Global DDoS Protection Market 2017-2021

Overview of the global DDoS protection market

Research analysis on the global DDoS protection market identifies that the growing dependence on internet will be one of the major factors that will have a positive impact on the growth of the market. the increasing usage of electronic devices which includes laptops, smart phones, has led to an increasing penetration of internet. This has led to the consumers depending on online transactions and payment which has increased demand for DDoS threats. This has led the increasing adoption of DDoS protection solutions to protect their critical information from DDoS threats. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 13% by 2021.

The rise in application layer attacks as it consumes less bandwidth will be one of the latest trends that will gain traction in the DDoS protection market during the next four years. The application-layer attacks increase the sophistication of DDoS attacks that are expected to grow during the forecast period. The rise in such attacks has led to sever damages which includes operational damages, such as account suspension and massive overage charges which has subsequently increased need for DDoS protection solutions.

Competitive landscape and key vendors