In our highly networked society, corporate networks are becoming more at risk. Distributed denial of service (DDoS) attacks are growing in scale and sophistication and increasingly difficult to stop without purpose-built platforms.
According to Frost & Sullivan, DDoS mitigation solutions are rapidly gaining traction among businesses of all sizes. Government and industry regulations that mandate proactive investments in DDoS mitigation will further propel market development.
It pointed out that the US$354.0 million market in 2013 is estimated to reach US$929.5 million by 2018.
The evolving nature of DDoS attacks is a double-edged sword that generates demand for DDoS mitigation services, while challenging vendors to create complete, effective and affordable products. Vendors must invest in research and development to update their solutions and provide consistent value to help customers manage risks.
“With the importance of internet access and web services in businesses increasing, high volume network-based attacks, combined with application-layer attacks, represent an effective threat against any online business. This escalation in application-layer attacks will require solution providers to offer hybrid platforms combining high-performance on-premise and high capacity cloud-based systems,” said Chris Rodriguez, Network Security Senior Industry Analyst of Frost & Sullivan.
Collaborations among vendors with complementary products will enable both partners to deliver comprehensive and seamless DDoS protection. In addition, mergers and acquisitions are strategies vendors will likely employ to complete their portfolios.
“Solution providers should also look for avenues to make DDoS mitigation accessible in terms of both price-performance and usability. For instance, creating open standards for technologies such as cloud-signaling will improve interoperability and reduce development costs, in turn enhancing profitability in the global market,” said Rodriguez.