Growth Opportunities in the Asia-Pacific Distributed Denial-of-Service Solutions Market: Surge in IoT Devices Deployment Propels the Need for IoT Security and IoT-driven DDoS Mitigation Services
Saturday, November 27, 2021
DUBLIN, Nov. 19, 2021 /PRNewswire/ -- The "Asia-Pacific DDoS Solutions Market Growth Opportunities, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
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The Asia-Pacific distributed denial-of-service (DDoS) solutions market experienced double-digit growth in both on-premises and cloud-based solutions segments in 2020.
The market growth was largely driven by the relentless rise in DDoS attacks throughout the region. In addition to acts committed for financial gain, simmering geopolitical tensions have prompted state-sponsored DDoS attacks on enterprises, government agencies, and critical infrastructure, notably in countries such as Australia and New Zealand. Governments and nationally significant enterprises are thus taking steps to defend themselves by adopting state-of-the-art DDoS solutions.
The internet of things (IoT) and interconnectivity have also expanded the threat landscape considerably. Unsecured connected devices are extremely susceptible to becoming zombies in a botnet used to launch DDoS attacks. Similarly, the gaming and media industries have skyrocketed in size and popularity, placing them on the receiving end of some of the highest number of DDoS attacks. These circumstances significantly expand the addressable market for DDoS solutions as participants seek to mitigate the devastating impact of these attacks. Overall, cybercrime is becoming much easier for amateur and professional criminals alike. Access to cyberattack tools and cyber mercenaries is increasing as the dark web and open-source trends democratize their availability. As a result, even individuals with little-to-no technical skills are now capable of launching their own DDoS attacks.
In Asia-Pacific, awareness of the existence and capabilities of DDoS protection is still low. For the uninformed, DDoS protection is hardly prioritized. Only large enterprises tend to consider DDoS solutions, but the lack of cybersecurity expertise hinders the effectiveness of having these solutions placed in-house. Instead, integrated security and outsourcing DDoS protection are becoming more common solutions to address the chronic shortage of cybersecurity professionals.
This research service focuses on the Asia-Pacific DDoS solutions market, highlighting key restraints afflicting the market in addition to market growth analysis. Market trends are analyzed for 2019 to 2025, with the base year being 2020.
The study examines the market share of the top 10 vendors in Asia-Pacific, including Akamai, Alibaba Cloud, F5 Networks, NETSCOUT Systems, NSFOCUS, Radware, Imperva, Huawei, Neustar, Nexusguard, AhnLab, WINS, Genie Networks, and A10 Networks, with detailed analysis on the top four participants: Akamai, Alibaba Cloud, F5 Networks, and NETSCOUT Systems.
The study's geographical scope covers Asia-Pacific, focusing on countries such as Australia, New Zealand, China, India, Japan, South Korea, and member countries of the Association of Southeast Asian Nations (ASEAN) as a whole.
Growth Opportunities
-- Rise in 5G Adoption Increases the Need for DDoS Solutions
-- Surge in IoT Devices Deployment Propels the Need for IoT Security and
IoT-driven DDoS Mitigation Services
-- Stringent In-country Regulations on Data Privacy and Residency Revives
the Need for On-premises DDoS Solutions
Key Issues Addressed
-- Is the DDoS solutions market growing? How long and fast will it continue
to grow?
-- What were the key market trends in 2020? What trends will gain
importance in the future?
-- What are the key market drivers and restraints?
-- Which regions and countries were 2020's best performers?
-- What does the competitive landscape in Asia-Pacific and its sub-regions
look like?
-- What is the market growth forecast from 2020 to 2025?
Companies Mentioned
-- A10 Networks
-- AhnLab
-- Akamai
-- Alibaba Cloud
-- F5 Networks
-- Genie Networks
-- Huawei
-- Imperva
-- NETSCOUT Systems
-- Neustar
-- Nexusguard
-- NSFOCUS
-- Radware
-- WINS
For more information about this report visit https://www.researchandmarkets.com/r/vrirv1
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