Global Hybrid DDoS Protection Market was valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of xx% over the forecast period 2020-2027.
Global Hybrid DDoS Protection Market Segmentation by Component (Solution andServices), Deployment (On-premise and Cloud-based), Industry Vertical, (Banking, Financial Services & Insurance, IT & Telecommunications, andTravel and Transportation, Manufacturing, Retail, Government, Construction, Chemicals, Food and Beverage, Retail and Others), and Organization Size (Large Enterprises and Small Medium Enterprises), By Region (North America, APAC, Europe, MEA& Africa and Latin America).
A rising number of digital identities, an increase in mobile and soft tokens, and the willingness of the organisation to outsource security.In terms of growing sales, increasing numbers of digital identities, mobile soft tokens outpacing hard tokens, government agencies pressing for data protection protocol standardisation, businesses increasingly willing to outsource security, and companies that depend heavily on mobile computing apps to provide their workers with remote access options. Threats to security have been steadily growing. Although new viruses are being created to steal sensitive information from companies and individual users, hackers are discovering new ways to steal data. It is imperative for the company to deploy authentication solutions that assist in easy and safe access, with most customers now opting to conduct transactions online.
The increased acceptance of mobility is the other factor leading to the growth of the demand for advanced authentication solutions. Enterprises are experiencing pressure from everywhere and from every device to allow staff, partners, and other stakeholders to access more confidential data. This makes advanced authentication mechanisms a vital part of the operational strategy of an enterprise.Many end-user industries across the country, such as banking, retail , healthcare, among others, have implemented two-way authentication systems for the use of their online or cloud services, along with microchip-equipped credit and debit cards, to increase the strength of authentication.
Global Hybrid DDoS Protection Market is segmented by Component, by deployment, industry vertical, organization size, and by region. By Component, Services held the highest market share in 2019 and is expected to keep its dominance over the forecast period owing to easy customization due to its modular structure.
By region, global Hybrid DDoS Protection Market is segmented into North America, APAC, Europe, MEA& Africa and Latin America. Among these,North America held the highest market share of xx% in 2019 and is expected to keep its dominance over the forecast period owing to the.North America is followed by APAC and Europe with xx% and xx% of market share over the forecast period.
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players and new entrants. Some of the key players covered in this market are Arbor Networks, Inc., Akamai Technologies, F5 Networks, Imperva, Inc., Radware Ltd., Corero Network Security Inc., Neustar Inc., Cloudflare Inc., Nexusguard Ltd., DOSarrest Internet Security, NSFOCUS Ltd., Radware Ltd. and Verisign among others. These key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Hybrid DDoS Protection Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Hybrid DDoS Protection Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explainsGlobal Hybrid DDoS Protection Market positioning of competitors.
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