DDoS Attack Protection Software Market Size and Opportunity Analysis
The Distributed Denial-of-Service (DDoS) Attack Protection Software market has experienced significant growth over the past few years. As of 2024, the global market size is valued at approximately $8.5 billion, reflecting a robust expansion driven by the increasing frequency and sophistication of cyber-attacks. This surge is primarily due to heightened awareness among businesses regarding the importance of cybersecurity measures and the growing adoption of advanced DDoS protection solutions. Companies are investing heavily in technologies that offer real-time threat detection and mitigation to safeguard their digital infrastructure from potential disruptions.
Looking forward, the market presents substantial opportunities for growth. The projected compound annual growth rate (CAGR) is expected to be around 12% through 2028. Factors contributing to this growth include the rise of Internet of Things (IoT) devices, which are more susceptible to DDoS attacks, and increasing regulatory requirements for data protection. As businesses continue to digitalize their operations and face evolving cyber threats, the demand for comprehensive DDoS protection solutions is anticipated to rise, further expanding market potential and attracting new investments.