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Asia-Pacific DDoS and WAF Market Outlook to 2023 - Rising IoT DDoS and Application Layer Attacks Driving Greater Adoption of DDoS and WAF Solutions
Wednesday, January 29, 2020

DUBLIN, Jan. 23, 2020 /PRNewswire/ -- The "APAC Distributed Denial-of-Service Protection and Web Application Firewall Market, Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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Investments into Web Application Firewall (WAF) and Distributed Denial-of-Service (DDoS) solutions in the Asia-Pacific region continued to increase during 2018, with both markets recording robust growth on a year-on-year (YoY) basis.

An increase in the number of Internet of Things (IoT) DDoS and application-layer attacks, as well as their growing sophistication, has been driving greater adoption of DDoS and WAF solutions. During 2018, DDoS and Web-based attacks continued to increase, both in terms of frequency and sophistication. With the increasing popularity and penetration of IoT devices and the high-speed mobile broadband, the number of DDoS attacks using compromised IoT devices was on the rise.

At the same time, attacks on Web-based applications exploiting application vulnerability were significantly increasing. What evoked greater concern among stakeholders was the growing sophistication of DDoS and application attacks, driving investment into DDoS and WAF solutions during the year.

While the adoption of on-premise solutions recorded a slowdown for both WAF and DDoS markets across the APAC region, investment in cloud-based DDoS and WAF services continued to increase significantly. The slowdown in the adoption of on-premise solutions reflects a shift of organizations away from appliance-based solutions that are difficult to scale up and out to deal with the increasingly sophisticated threat landscape when it comes to application layer security. This may also be attributable to the purchase and replacement life cycle of the products, as particularly relevant for service provider customers (telcos and managed service providers)-the largest adopters of on-premise DDoS solutions.

Increasing investment in cloud-based DDoS and WAF services indicated a growing interest among enterprises in always-on, scalable, and management-free security services. As more and more enterprises are migrating their applications to the cloud, cloud-based security services are increasingly emerging as the preferred option. As many cloud-based services providers are offering both WAF and DDoS mitigation services on the same platform and package, it is easier for enterprises to adopt these technologies to reduce the complexity in the management of separate DDoS and WAF boxes.

Countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea.

Key Topics Covered

1. Executive Summary

    --  Key Findings

2. Market Overview

    --  Market Definitions - WAF Solutions Market
    --  Market Definitions - DDoS Solutions Market
    --  Research Methodology
    --  Geographic Coverage
    --  Research Time Frame

3. Market Forecast and Trends - Total DDoS and WAF Solutions Market

    --  Forecast Assumptions
    --  Revenue Forecast - WAF Solutions Market
    --  Revenue Forecast Discussion - WAF Solutions Market
    --  Revenue Forecast - DDoS Solutions Market
    --  Revenue Forecast Discussion - DDoS Solutions Market

4. Market Share and Competitive Analysis - Total DDoS and WAF Solutions Market

    --  Market Share - WAF Solutions Market
    --  Imperva - An Overview
    --  DBAPP Security - An Overview
    --  Akamai - An Overview
    --  Market Share - DDoS Solutions Market
    --  Akamai - An Overview
    --  F5 Networks - An Overview
    --  NETSCOUT Systems - An Overview

5. Growth Opportunities and Companies to Action

    --  Transformation in DDoS and WAF Industry Ecosystem
    --  Growth Opportunity 1 - Greater Demand for Product Upgrade and
        Replacement
    --  Growth Opportunity 2 - Increasing Need for Managed Security Services
    --  Growth Opportunity 3 - Shift to Cloud-based Security Services
    --  Growth Opportunity 4 - Increasing Need for Threat Intelligence Services
    --  Growth Opportunity 5 - Need for DevOpsSec and Security Training
    --  5 Major Growth Opportunities
    --  Strategic Imperatives for Success and Growth

6. The Last Word

    --  The Last Word - Predictions

Companies Mentioned

    --  Akamai
    --  Alibaba Cloud
    --  DBAPPSecurity
    --  F5 Networks
    --  Huawei
    --  Imperva
    --  Monitorapp
    --  NETSCOUT Systems
    --  Nexusguard
    --  NSFOCUS
    --  Penta Security Systems
    --  Radware
    --  Sangfor
    --  Venustech
    --  Verisign

For more information about this report visit https://www.researchandmarkets.com/r/he0o5f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.


Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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View original content:http://www.prnewswire.com/news-releases/asia-pacific-ddos-and-waf-market-outlook-to-2023---rising-iot-ddos-and-application-layer-attacks-driving-greater-adoption-of-ddos-and-waf-solutions-300992086.html

SOURCE Research and Markets



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