DDoS solution providers are continuously adopting newer technologies to combat the ever-changing attacks, signatures, and patterns. DDoS protection and mitigation refers to a set of techniques that can be incorporated in organizations’ environment, so that they can be protected from advanced volumetric, network layer-oriented, and application layer-oriented threats. Due to the advent of digitalization, increase in computational power of processors, and rise in the number of connected devices, the instances of cyberattacks have increased considerably in the recent times.
Cyber attackers are targeting networks, applications, endpoints, cloud, and data. The Denial of Service (DoS) attack is focused on disrupting devices by draining resources. The DDoS attacks make use of a collection of devices to induce attacks on corporate enterprises and government organizations. Advanced DDoS solutions employ machine learning and behavioral analytics to enable signature-less detection and the mitigation of sophisticated DDoS attacks with minimal false positives.
The DDoS Protection and Mitigation Market size is expected to grow from USD 1.94 billion in 2018 to USD 4.10 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. The major factors driving the growth of the DDoS protection and mitigation market include the increasing IoT and cryptocurrency-focused DDoS threats and rising awareness among enterprises about the changing threat landscape, and growing need to have a disaster recovery plan in place before DDoS attacks impact businesses to a great extent.
The applications segment is expected to grow at the highest CAGR, due to the rise in application layer attacks. With the advent of IoT tools, hacktivists induce DDoS attacks that are sophisticated and complex in nature. Such DDoS attacks require proactive monitoring and advanced alerting to mitigate risks at an early phase. DDoS solution providers are continuously adopting newer technologies to combat the ever-changing attacks, signatures, and patterns.
The hybrid deployment mode is expected to gain pace in the DDoS protection and mitigation market, as mitigating all DDoS attacks is challenging. A large number of DDoS attacks is undetected by on-premises and cloud-based solutions, and enterprises lack the capability to detect and mitigate these attacks. Hence, many enterprises are moving toward the hybrid deployment mode. The hybrid deployment mode safeguards critical enterprise data on-premises and stores other data in the cloud environment. Hybrid deployment solutions protect organizations’ IT infrastructures from multi-vector DDoS attacks, before these attacks snowball into a huge problem. The hybrid deployment mode enables IT staff to have clear visibility into their stored data and provides DDoS protection and mitigation in real time. This deployment mode also offers other features, such as advanced protocol anomaly detections, the blocking of suspicious IPs, and cloud mitigation capabilities.
