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The DDoS protection and mitigation market size has grown rapidly in recent years. It will grow from $4.18 billion in 2023 to $4.81 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%.  The growth in the historic period can be attributed to rise in DDoS attacks, growing internet dependence, expansion of IoT devices, e-commerce and online services growth. The DDoS protection and mitigation market size is expected to see rapid growth in the next few years. It will grow to $8.66 billion in 2028 at a compound annual growth rate (CAGR) of 15.9%.  The growth in the forecast period can be attributed to emergence of advanced DDoS techniques, 5G network vulnerabilities, integration with threat intelligence, focus on application-layer attacks. Major trends in the forecast period include collaboration and information sharing, AI and machine learning enhancements, multi-layered defense strategies, zero-day attack prevention, cloud-based DDoS protection services.

The DDoS protection and mitigation market are expected to grow due to the increasing frequency of cyberattacks on websites. Cyberattacks, deliberate and malicious breaches of information systems, pose a threat to network security. DDoS protection and mitigation safeguard servers or networks targeted by distributed denial-of-service attacks. Fortune reported a significant 105% surge in ransomware cyberattacks in 2021. Consequently, the escalating cyberattacks are driving the demand for DDoS protection and mitigation, influencing market growth. The market sizes for 2023, 2024, and 2028 were not explicitly provided.

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What Are The Key Trends That Influence DDoS protection and mitigation Market Share Analysis?

Technological advancements are a key trend in the DDoS protection and mitigation market. Leading companies are focusing on developing new technologies to strengthen their market position. For example, in 2021, Mazebolt Technology, an Israel-based DDoS protection and cybersecurity company, launched the MazeBolt Radar, the world’s first DDoS risk assessment product. This patented technology offers DDoS protection through simulations on live production systems without causing downtime. It ensures continuous DDoS mitigation without disruptions.

Which Market Players Are Driving Growth In The DDoS protection and mitigation Market?

Major companies operating in the DDoS protection and mitigation market report are Amazon.com Inc., Lumen Technologies Inc., Fortinet lnc., Akamai Technologies Inc., F5 Networks Inc., Check Point Software Technologies Ltd., Verisign lnc., Neustar Inc., Cloudflare Inc., Netscout Systems Inc., Kaspersky Lab, Imperva Inc., Fastly lnc., Radware Inc., A10 Networks lnc., NSFOCUS Information Technology Co. Ltd., Alibaba Group, StackPath LLC, AireSpring Inc., Arbor Networks Inc., Flowmon Networks a.s., Nexusguard Ltd., Corero Network Security Inc., GreyCastle Security LLC, SiteLock LLC, Sucuri Inc., Impulse Point LLC, Link11 GmbH, Seceon lnc., Dosarrest Internet Security Ltd., MazeBolt Technologies Ltd., Cloudblock B.V., NS8 lnc.

How Is The Global DDoS protection and mitigation Market Segmented?

The DDoS protection and mitigation market covered in this report is segmented –

1) By Component: Hardware Solution, Software Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small and Medium Enterprises, Large Enterprises
4) By Application: Network security, Endpoint Security, Application Security, Database security
5) By End-User: IT and Telecom, Government, Education, Other End-Users

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The DDoS protection and mitigation Global Market Report 2024 provides an overview of the DDoS protection and mitigationmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The DDoS protection and mitigation market forecast analyzes DDoS protection and mitigation market size, DDoS protection and mitigation market share, leading competitor and their market positions.

The Table Of Content For The DDoS protection and mitigation Market Include

1. DDoS protection and mitigation Market Executive Summary
2. DDoS protection and mitigation Market Segments
3. DDoS protection and mitigation Market Size And Template Market Growth Rate
4.  Key DDoS protection and mitigation Market Trends
5. Major DDoS protection and mitigation Market Drivers
……
25. Key Mergers And Acquisitions In The DDoS protection and mitigation Market
26. Top DDoS protection and mitigation Companies
27. DDoS protection and mitigation Market Opportunities And Strategies
28. DDoS protection and mitigation Market, Conclusions And Recommendations
29. Appendix

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