DDoS Protection Market Global Industry Revenue, Research Report Analysis by Leading Countries, Regions Forecast to 2019-2024 – Denton Observer

5 MARKET SEGMENTATION5.1 By Component5.1.1 Solution5.1.2 Service (Professional Service, Managed Service)5.2 By Organization Size5.2.1 Small and Medium Enterprises (SMEs)5.2.2 Large Enterprises5.3 By Application5.3.1 Network5.3.2 Application5.3.3 Database5.3.4 Endpoint5.4 By End-user Industry5.4.1 Government and Defense5.4.2 BFSI5.4.3 Manufacturing5.4.4 Energy and Utilities5.4.5 IT and Telecom5.4.6 Healthcare5.4.7 Education5.4.8 Retail5.4.9 Other End-user Industries5.5 Geography5.5.1 North America5.5.2 Europe5.5.3 Asia-Pacific5.5.4 Rest of the World

 

4 MARKET DYNAMICS4.1 Market Overview4.2 Introduction to Market Drivers and Restraints4.3 Market Drivers4.3.1 Increasing Instances of Sophisticated DDoS Attacks4.3.2 Introduction of Cost-effective Cloud-based and Hybrid Solutions4.3.3 Proliferation of Technology and Adoption of IoT across Various Verticals4.4 Market Restraints4.4.1 Increasing Operational Costs4.5 Value Chain / Supply Chain Analysis4.6 Industry Attractiveness – Porter’s Five Force Analysis4.6.1 Threat of New Entrants4.6.2 Bargaining Power of Buyers/Consumers4.6.3 Bargaining Power of Suppliers4.6.4 Threat of Substitute Products4.6.5 Intensity of Competitive Rivalry 4.7 Technology Snapshot

 

– Companies in the region have witnessed significant DDoS attacks in recent years, which has resulted in tremendous awareness related to protection solutions, which in turn is expected to drive the market.– In 2017, the US Departments of Commerce and Homeland Security released a draft report on enhancing resilience against botnets. It aims to strengthen the cybersecurity of government networks and critical infrastructure. Thus, the implementation of its recommendations is set to propel the demand for DDoS protection solutions in government infrastructure.– The United States also accounts for the origination for 30% of the global DDoS attacks, which is likely to increase attacks against the country’s end-user industries, further driving the demand for DDoS protections solutions.

 

– The BFSI sector is one of the critical infrastructure segment that suffers several data breaches and cyber attacks, owing to the large customer base that the industry serves and the financial information that is at stake.– The financial service institutions have been identified to be four times more susceptible to cyber attacks, as compared to other industries, which is expected to drive the demand for such solutions.– DDoS attacks can make banking websites unavailable resulting in reputation damage, lost revenues and a loss in customer confidence. In 2017, Lloyds Bank suffered a distributed denial of service attack that has knocked its online services offline. The BFSI sector has faced the highest attacks in 2017, having faced attacks which are significantly higher than other industries.– Thus, the continuation of this trend in the upcoming years is set to fuel the adoption of DDoS protection solutions in the BFSI sector.

 

The “DDoS Protection Market” research report 2019-2024 is focused on various market affecting factors and comprehensive factors of the industry. The DDoS Protection market report illustrates the price analysis along with the features of the product, moreover, it points out the major market share in the different regions of the world. The DDoS Protection market report helps to determine the actual #market size and execute business resources in order to gain maximum profitability.