NEW YORK, Feb. 9, 2016 /PRNewswire/ -- DDoS Mitigation Global Market Analysis : New Solutions Accelerate Market Growth
Distributed denial-of-service (DDoS) is an increasingly popular method of cyber attack. DDoS attacks disrupt operations and block access for legitimate end users, customers, and employees, causing missed sales opportunities, end user frustration, service degradation, and embarrassment for targeted organizations. Attacks are growing in volume, sophistication, and frequency, and any online business is a target. As a result, DDoS mitigation solutions are in high demand. However, new attack techniques, growing bandwidth needs, the Internet of Things, and other IT trends will have a profound impact on the development of this high growth market.
DDoS attacks are highly disruptive attacks that hurt victimized organization's online operations, brand name, and ability to conduct business.o Consequently, demand for DDoS mitigation solutions continues to grow. - The DDoS mitigation market revenue grew to $449.5 million in 2014 and is growing rapidly. The DDoS mitigation market is expected to grow to $977.2 million by 2019. - The high level of demand in recent years has also driven an elevated level of competition. o Leading vendors include Akamai, Arbor Networks, and Radware.o However, new competitors are entering the market and entrepreneurial companies are gaining market share. - Accurate assessment and alignment with customer needs, changing technologies, and new threats is necessary to stay competitive in this high growth market.
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