DDoS

DDoS Solution Services Market Propelled by Proliferation of Sophisticated Attacks in AsiaPac

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The Asia-Pacific distributed denial of service (DDoS) solution market has witnessed a 39.7 percent year-on-year growth rate. DDoS attacks continue to evolve and become more sophisticated with compromised Internet of Things (IoT) devices, rise of botnet-for-hire, DDoS-for-hire in dark webs, and malware source code sharing in user forums, aiding the proliferation of sophisticated attacks. As a result, advanced solutions are required to boost network resiliency and successfully address long-standing DDoS challenges.

Frost & Sullivan’s Asia-Pacific Distributed Denial of Service (DDoS) Solution Market, Forecast to 2021 finds that the market generated total revenues of US$261.9 million in 2016, which included revenue from on-premise and cloud-based solutions. The study examines market developments, drivers, restraints, revenue forecasts and security technologies used to detect and mitigate DDoS attacks at the application and network layers. Market share and competitive profiles of key players such as Arbor Networks, F5 Networks, Radware, NSFOCUS, Akamai, Genie Networks, Cloudflare, Huawei, Nexusguard, Verisign and AhnLab are provided.

“IT infrastructure is getting more complex as enterprises are increasingly migrating their applications and infrastructure into the cloud, which requires DDoS solutions to be able to cater to different environments,” said Frost & Sullivan Network Security Senior Industry Analyst Vu Anh Tien. “The adoption of hybrid models is anticipated to become more popular among large businesses, internet service providers, and managed security service providers due to the increasing volume of their applications and the infrastructure to be protected.”

Regional market trends driving growth in the Asia-Pacific DDoS solutions market include:

  • Greater China (including mainland China, Hong Kong and Taiwan) dominating the regional market with 39.2 percent of the market share, followed by the Association of Southeast Asian Nations (ASEAN) at 20.9 percent;
  • Japan becoming the third largest market, with 12.4 percent market share;
  • Australia and New Zealand seeing 37.7 percent year-on-year growth, becoming the fourth largest market;
  • South Korea recording moderate growth of 12.1 percent due to lifecycle replacement among local service providers; and
  • India recording year-on-year robust growth of 50.1 percent, mainly driven by the cloud-based services that grew by 71.4 percent.

“Players should work closely with SIEM and security analytics vendors to perform automatic correlation, and provide a single pane of glass management and visibility,” noted Tien. “Working on guidelines to help network operators/DNS hosting providers mitigate DNS server attacks will further strengthen their market position.”

More information on this report is available here

Source PR Newswire

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Carlos Casanova is an internationally known speaker, IT architect, leadership advisor and the co-author of “The CMDB Imperative”. He has over two decades of hands on experience guiding CIOs and Sr. Leadership to achieve effective IT operations and improve ROI from infrastructure investments. His expansive experience enables him to quickly assess their true needs and achieve better business outcomes. He takes the complexity out of today's cluttered IT and business environments to simplify their goals in order to accelerate achievement and success.