DDOS-Cyber Attack Solutions Global Market Report 2024

DDOS-cyber-attack solutions refer to solutions used for the prevention of distributed denial of service (DDOS) attacks from malicious actors who, for various reasons, want to sabotage the network and functioning of a targeted organization by flooding their servers with internet traffic to prevent legitimate users from accessing their services. DDOS cyber-security solutions are services provided by firms to users to mitigate DDOS attacks.

The main types of DDOS-cyber-attack solutions are hardware, software, and services. The hardware solutions provide DDOS cyber-attack hardware that acts as a physical barrier between the organization’s network and potential attackers. Hardware is most effective when applied at the network's very edge to protect all other inside devices from attacks, including firewalls. They are used in various enterprises, such as small and medium enterprises and large enterprises, deployed on-premise, cloud, and hybrid. 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.

The DDOS-cyber-attack solutions market research report is one of a series of new reports that provides DDOS-cyber-attack solutions market statistics, including DDOS-cyber-attack solutions industry global market size, regional shares, competitors with an DDOS-cyber-attack solutions market share, detailed DDOS-cyber-attack solutions market segments, market trends and opportunities, and any further data you may need to thrive in the DDOS-cyber-attack solutions industry. This DDOS-cyber-attack solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ddos-cyber attack solutions market size has grown rapidly in recent years. It will grow from $3.97 billion in 2023 to $4.59 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to rise of cloud services, advancements in ai and machine learning, increased bandwidth and network capacity, development of defense mechanisms, proliferation of iot devices.

The ddos-cyber attack solutions market size is expected to see rapid growth in the next few years. It will grow to $8.59 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to hybrid defense strategies, focus on zero-day attack preparedness, expansion of edge computing and cdn integration, integration of behavioral analytics, increased demand for ddos mitigation as-a-service. Major trends in the forecast period include collaboration and threat intelligence sharing, hybrid defense strategies, regulatory compliance requirements, increasing frequency and sophistication of ddos attacks, growth of iot and botnet attacks.

The increase in the number of DDOS attacks is significantly contributing to the growth of the DDOS cyber-security market. As firms are increasingly shifting their applications and infrastructure to the public cloud, the scope of DDOS attacks is increasing and attackers are becoming sharper, more organized, and more focused in the pursuit of their goals. As a result of this, more firms are demanding DDOS cyber-attack solutions. For instance, according to a 2021 report on global threat analysis by Radware, DDOS attacks have grown by 37% from 2020 to 2021. Therefore, an increase in the number of DDOS attacks will drive the DDOS cyber-security market growth.

The increasing cyberattacks on websites are expected to propel the growth of the DDoS cyber-attack solutions market going forward. Cyberattacks are deliberate and malicious attempts by individuals or organizations that breach the information system of another individual to disrupt the network. DDoS cyber-attack solutions help protect a server or network that is targeted by a DDoS (distributed denial-of-service) attack. For instance, in February 2022, according to an article published by Fortune, a US-based business magazine, there has been a 105% surge in ransomware cyberattacks 2021. The report also highlighted that governments worldwide saw a 1,885% increase in ransomware attacks, and the health care industry faced a 755% increase in those attacks in 2021. Therefore, the increasing cyberattacks are driving the growth of the DDoS cyber-attack solutions market during forecast period.

Technological advancements have emerged as a key trend gaining popularity in the DDOS network security solutions market. Major companies operating in the DDOS cyber-security solutions sector are focused on introducing new technologies to improve users’ security and mitigate sophisticated and novel attacks from DDOS attackers. For instance, in January 2022, Bigleaf, a US-based internet redundancy and optimization service company, launched a DDOS mitigation service based on cloud and internet-based technology. It works across various circuits to help firms deliver more reliable services to their users. It is circuit-independent, allowing users to safeguard any ISP connection they use under a single service contract. It also covers the entirety of their bandwidth, reducing exposure to risk while simplifying support and service responsibilities.

Major companies operating in the DDOS cyber-attack solutions market are increasing their focus on latest technologies such as, AI into their solutions to gain a competitive edge in the market. Cybersecurity providers integrate AI, blockchain, and machine learning principles into their solutions to tackle crucial hyper-connected workplace risks, with quicker identification, prevention, and responsive capabilities. For example, in February 2023, Wipro Lab45, an India-based innovation lab of the leading technology services and consulting company, introduced its Decentralized Identity and Credential Exchange (DICE) ID, powered by blockchain technology, which puts users in control of their data and enables faster, easier, and secure sharing of private information online.

In February 2022, Radware Inc., a US-based provider of cybersecurity and applications, acquired SecurityDAM for $30 million. The acquisition will help Radware to grow its cloud security services, as SecurityDAM specializes in cloud-based DDOS solutions and licensing of software to monitor and control DDOS attacks. SecurityDAM is an Israel-based cybersecurity and applications provider.

Major companies operating in the in the ddos-cyber attack solutions market report are A10 Networks Inc., Activereach Limited, Akamai Technologies, Allot Ltd., Cloudflare Inc., BT Group plc, Corero Network Security plc, DDoS-Guard Corp., Fastly Inc., Fortinet Inc., HaltDos Pvt. Ltd., Huawei Technologies Co. Ltd, Imperva, Indusface Pvt Ltd, Link11 GmbH, Netscout Systems Inc., Nexusguard Limited, PhoenixNap LLC, Radware, RIOREY, Seceon Inc., StackPath LLC, StrataCore, Sucuri, Verisign Inc., Arbor Networks Inc., Neustar Inc., Dosarrest Internet Security Ltd, F5 Inc., AhnLab Inc., Alibaba Group, Check Point Software Technologies

North America was the largest region in the DDOS-cyber-attack solutions market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ddos-cyber attack solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the ddos-cyber attack solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The DDOS-cyber-attack solutions market includes revenues earned by entities by providing solutions for protecting the website and servers against malicious activities and hackers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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