The Middle East and Africa (MEA) Distributed Denial of Service (DDoS) protection and mitigation market is foreseen to expand with a compound annual growth rate of about 11.0% over the conjecture period of 2020 to 2025.
DDoS protection and mitigation is considered as an effective process to secure the server and the network from the danger of distributed denial of service (DDoS) attack. At present, with the implementation of cloud, the protection services and equipment are easily integrated to combat any risk. This mainly inculcates the deployment of devices that would filter incoming data to understand and fight attacks. The protection is applied to the areas of endpoint, database, network, and others.
The financial costs associated with a DDoS attack are immense as victims of a DDoS attack can result in high expenses to an organization until the time the attack lasts, which increases the call for protection solutions. Besides, the growth of insecure IoT devices resulted in a surge in DDoS attacks in 2018. Therefore, the augmented implementation of IoT among end-users will promote the inclusion of DDoS protection and mitigation solutions.
Furthermore, several unplanned data center outages were recorded due to cybercrime (DDoS) attacks, which is supporting the need for DDoS protection and mitigation solutions in data centers. In addition, the hike in the number of data centers in emerging economies like South Africa will create immense growth potential for DDoS protection and mitigation solution providers in the MEA.
Recent Developments:
Market growth and trends:
The BFSI sector is among the leading end-user segments that suffer with repeated data breaches and cyber-attacks because of the large consumer base and the availability of financial information. Financial service institutions have been identified to be four times more susceptible to online attacks compared to other sectors, which is supposed to stimulate demand for such solutions.
DDoS attacks can result in the closure of websites, damaging the overall reputation, revenue and customer trust. In 2018, the BFSI sector recorded the highest number of cyber-attacks, which is paving way for the deployment of efficient security services. Therefore, the continuation of this trend should increase the adoption of DDoS protection solutions in the BFSI sector in future.
Market Drivers and Limitations:
The surge in the number of DDoS attacks in different end-user verticals is increasing the adoption of DDoS protection and mitigation solutions across the MEA region. Strong management is also estimated to expand market for after threat detection in the same period. The augmenting need to control DDoS attacks in networks and endpoint applications, the rising usage of the Internet of Things (IoT) and connected devices, along with improved call from small and medium-sized businesses are promoting the Middle East and Africa DDoS protection and mitigation market. Besides, the rising adoption of hosted DDoS protection solutions, sales in the marketplace and need for protection are anticipated to increase during the conjecture period. Organizations around the area are developing their partnership with DDoS mitigation solution providers.
Market segmentation:
The MEA DDoS protection market is mainly segmented by component, application, mode of implementation, size of organization, vertical and region.
Regional Analysis:
Based on geography, the market in the Middle East and Africa (MEA) is expected to grow, especially in the GCC countries, South Africa and others, due to the rising technological developments in the end-user verticals like manufacturing, energy and utilities, and so on.
Key players in the market:
F5 Networks, Century Link, Akamai Technologies, Arbor Network, Cloudflare, Radware, A10 Networks, Imperva, Neustar, Nsfocus, Fortinet, Nexusguard, Corero Network Security, SiteLock, Verisign, StackPath, etc.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 MEA DDoS Protection and Mitigation Market, By Component
6.1.1 Hardware Solutions
6.1.2 Software Solutions
6.1.3 Services
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 MEA DDoS Protection and Mitigation Market, By Application
6.2.1 Network
6.2.2 Application-Based
6.2.3 Database
6.2.4 Endpoint
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 MEA DDoS Protection and Mitigation Market, By Deployment Mode
6.3.1 Cloud
6.3.2 Hybrid
6.3.3 On-Premises
6.3.4 Market Size Estimations & Forecasts (2019-2024)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index
6.4 MEA DDoS Protection and Mitigation Market, By Organization Size
6.4.1 SMEs
6.4.2 Large Enterprises
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
6.5 MEA DDoS Protection and Mitigation Market, By Vertical
6.5.1 Government and Defense
6.5.2 BFSI
6.5.3 Manufacturing
6.5.4 Energy and Utilities
6.5.5 IT and Telecommunications
6.5.6 Healthcare
6.5.7 Education
6.5.8 Retail
6.5.9 Market Size Estimations & Forecasts (2019-2024)
6.5.10 Y-o-Y Growth Rate Analysis
6.5.11 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Identity Governance and Administration Market, by Region
7.2 Middle East and Africa
7.2.1 By Country
7.2.1.1 Middle East
7.2.1.2 Africa
7.2.2 By Component
7.2.3 By Application
7.2.4 By Deployment Mode
7.2.5 By Organization Size
7.2.6 By Vertical
8. Key Player Analysis
8.1 NETSCOUT
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Akamai Technologies
8.3 Imperva
8.4 Radware
8.5 Corero Network Security
8.6 Cloudflare
8.7 Link11
8.8 Nexusguard
8.9 Fortinet
8.10 Huawei Technologies
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
Related Reports
