TechNavio recognizes the following companies as the key players in the Global Distributed Denial of Service (DDoS) Market: Akamai Technologies Inc., Arbor Networks Inc., Neustar Inc., and Radware Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the market is the increasing demand for cloud services. With a large number of advantages of adopting cloud services, such as lower cost and ease of installation and operations, SMEs prefer cloud services over other security service offerings. In addition, large enterprises that have already adopted on-premise security services are currently switching to the cloud model. Therefore, the increasing demand and popularity of cloud-based offerings are prompting many vendors in the Global DDoS Prevention market to offer cloud-based services. For instance, specialized cloud service providers such as AT&T, British Telecom, VeriSign, and Verizon provide in-the-cloud security.”
According to the report, one of the major drivers in the market is the need to improve quality of protection. With the significant increase in the number of DDoS attacks, there is a strong requirement for high quality protection. Therefore, companies are opting for advanced DDoS prevention solutions that can secure their network from such attacks. As a result, the demand for DDoS prevention products and services is increasing significantly.
Further, the report states that one of the key challenges faced by the vendors in this market is the high cost of implementation. Despite the potential benefits, some organizations refrain from investing in DDoS prevention products and services, primarily because of the high costs associated with them. In addition, there are certain hidden costs involved in the maintenance of such products and hardware. Factors like these discourage end-users from adopting these solutions, thereby affecting the growth of the Global DDoS Prevention market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-distributed-denial-service-ddos-m…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Distributed Denial of Service (DDoS) Market 2012-2016
