DDoS Prevention Market Growth Forecast at 23% CAGR to 2019

Nov 26, 2015, 07:30 ET from Sandler Research

PUNE, India, November 26, 2015 /PRNewswire/ --

The global DDoS prevention market is seeing increasing cloud-based demand offerings and organizations are switching to cloud because they are low cost and easy to install and operate. AT&T, British Telecom, VeriSign, and Verizon are among the specialized cloud-based service providers that offer cloud security.

Complete report on global DDoS prevention market spread across 62 pages, profiling 4 major companies and supported with 29 data exhibits is now available at is now available at http://www.sandlerresearch.org/global-ddos-prevention-market-2015-2019.html.

Cyber criminals employ small-scale DDoS attacks to divert the minds of security and networking personnel to attack loose ends in the target network with more advanced methods. The use of a DDoS attack as a diversionary tactic is known as smoke screening, which is a growing trend in the DDoS prevention industry.

The analysts forecast the global DDoS prevention market to grow at a CAGR of 22.92% over the period 2014-2019. To calculate the market size, the report considers revenue generated from DDoS solutions (Purpose-built standalone solutions including hardware, software, and integrated solutions deployed on-premises) and DDoS services (Hybrid and cloud-based mitigation services provided by telecom service providers and cloud security providers).

In 2014, DDoS prevention solutions accounted for close to 54% of the global DDoS prevention market. This share is expected to increase significantly over the forecast period primarily because of the growing demand for DDoS prevention hardware and the adoption of DDoS on-premise prevention by large enterprises.

Based on the geographical analysis, during the forecast period, the Americas is likely to maintain its market share with a moderate growth in Latin America. APAC is expected to witness a steady growth rate in the global market due to the increasing use of DDoS prevention solutions by service providers, mobile operators, and enterprises in the region. Order a copy of Global DDoS Prevention Market 2015-2019 report @ http://www.sandlerresearch.org/purchase?rname=46658.

The market is also fragmented with the presence of many small and large vendors. A detailed product and feature comparison for the key leading vendors is provided in the report. In addition, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

The other prominent vendors in the market profiled in the report are AT&T, British Telecom, Corero, Juniper, Orange Business Solutions, Prolexic, Radware, Savvis-CenturyLink, Verisign, and Verizon Communications.

Further, the report states that high implementation cost is a major challenge faced by vendors in the global DDoS prevention market.

Explore other new reports on information technology at http://www.sandlerresearch.org/market-research/information-technology.

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SOURCE Sandler Research