Security News > 2021 > March > Rising Demand for DDoS Protection Software Market By 2020-2028
Over recent years, these kinds of attacks are increasing, fueling the demand for the best DDoS protection software solutions.
According to the report of Market Research Inc, the DDoS protection Software Market is predicted to reach +14% CAGR by 2020 - 2028.
Demand for the DDoS software market is on the rise due to the exponential increase in multi-vector DDoS attacks and the ease with which DDoS-for-hire services are available today.
The global DDoS protection and mitigation market size is anticipated to increase at a CAGR 0f 14%, from USD 2.4 billion in 2019 to USD 6 billion by 2028.
The main factors that would drive the growth of the DDoS protection and mitigation market between 2020 -2028 include the rise in the penetration of the Internet of Things and connected devices and the demand from small and medium enterprises.
According to the Market Research Inc report, North America would have the biggest, largest market share in the DDoS protection and mitigation market in the forecast period.
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