Greater China Distributed Denial of Service (DDoS) Solution Market, Forecast to 2021
LONDON, Sept. 25, 2017 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5113927
The Greater China DDoS solution market grew by 36.8% on a YoY basis, generating $102.7 million in 2016. China remained the key contributor to the overall revenue of the GCR market, followed by Hong Kong and Taiwan. The on-premise solution segment recorded a significant growth of 28.8%, achieved market revenue of $73.4 million in 2016. The cloud-based DDoS solution segment continued to experience a stronger growth than the on-premise solution segment, recording a market revenue of $29.3 million in 2016 with the stronger YoY growth rate of 61.8%.
In addition to the market growth analysis, the study highlights the key driving forces for the DDoS market.
Key drivers include
- better awareness of security due to constantly evolving DDoS attacks which will eventually stimulate stronger adoption of DDoS solutions
- growing concerns over threats to key infrastructure and strong requirements for cyber resilience which are driving government organizations and service providers to upgrade their network infrastructure and mitigation capacities
- the rise in the number of connected devices (IoT devices) which requires businesses and service providers to strengthen their protection capability
- tightened requirements for compliances which drive organizations to invest in DDoS solutions to protect infrastructure and data
- growing concerns over business disruption and reputation loss which drive many large organizations to expand their in-house DDoS mitigation capacity
- and incomplete ability of legacy security approaches which causes customers to look at dedicated defense solutions to tackle threats and mitigate attacks.
Market trends are analyzed for the study period 2015 to 2021, with the base year being 2016. DDoS solution is the key focus area in this study. The vertical segmentation in this study includes the government, banking, financial services and Insurance (BFSI), service provider, manufacturing, education, eCommerce, and other sectors.
Companies mentioned in the Greater China DDoS solution market's competitive landscape include NSFOCUS, Genie Networks, Huawei, Cloudflare, Arbor Networks, F5 Networks, and Radware, among other vendors. The countries included in this study are China, Hong Kong, and Taiwan.
Key Questions This Study Will Answer
-- Is the DDoS solution market growing? How long will it continue to grow, and at what rate?
-- Are the existing competitors structured correctly to meet customer needs?
-- Will DDoS solutions continue to exist, or will other solutions and services take its place?
-- How will the structure of the market change with time?
-- Will the services replace the product markets?
-- What are the most common DDoS threats in Greater China?
-- Are the vendors in Greater China ready to go it alone, or do they need partnerships to take their business to the next level?
Download the full report: https://www.reportbuyer.com/product/5113927
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
https://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
View original content:http://www.prnewswire.com/news-releases/greater-china-distributed-denial-of-service-ddos-solution-market-forecast-to-2021-300525256.html
SOURCE ReportBuyer
