DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6jhfff/global) has announced the addition of the "Global Distributed Denial of Service (DDoS) Market 2012-2016" report to their offering.
The analysts forecast the Global Distributed Denial of Service (DDoS) Prevention market to grow at a CAGR of 19.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve the quality of protection. The Global Distributed Denial of Service (DDoS) Prevention market has also been witnessing the increasing demand for cloud-based offerings. However, the high cost of implementation could pose a challenge to the growth of this market.
Key vendors dominating this market space are Arbor Networks Inc., Akamai Technologies Inc., Neustar Inc., and Radware Ltd.
The other vendors mentioned in the report are AT&T Inc., British Telecom, Corero Network Security plc, Fortinet Inc., Huawei Technologies, NSFOCUS Information Technology Co. Ltd., Orange Business Solutions, Prolexic Technologies Inc., RioRey Inc., Savvis-CenturyLink, Verisign Inc., and Verizon Communications Inc.
Commenting on the report, an analyst from the team said: One of the major trends witnessed in the market is the increasing demand for cloud services. With a large number of advantages of adopting cloud services, such as lower cost and ease of installation and operations, SMEs prefer cloud services over other security service offerings. In addition, large enterprises that have already adopted on-premise security services are currently switching to the cloud model. Therefore, the increasing demand and popularity of cloud-based offerings are prompting many vendors in the Global DDoS Prevention market to offer cloud-based services. For instance, specialized cloud service providers such as AT&T, British Telecom, VeriSign, and Verizon provide in-the-cloud security.
According to the report, one of the major drivers in the market is the need to improve quality of protection. With the significant increase in the number of DDoS attacks, there is a strong requirement for high quality protection. Therefore, companies are opting for advanced DDoS prevention solutions that can secure their network from such attacks. As a result, the demand for DDoS prevention products and services is increasing significantly.
For more information visit http://www.researchandmarkets.com/research/6jhfff/global
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