Multi-Factor Authentication Global Market Report 2023 – By Model Type (Two factor, Three Factor, Four Factor, Five Factor), By Authentication Type (Password, Password less), By Component (Hardware, Software, Services), By Organization (Large, SME's), By Vertical (BFSI, Government, Travel and Immigration, Military and Defence, Commercial security, Healthcare, IT, Telecommunication, Media and Entertainment, Other Verticals) – Market Size, Trends, And Global Forecast 2023-2032

Fraud detection and prevention refers to the strategies accepted to discover and avoid attempts to secure money or property by deception. Fraud detection and prevention services help organizations analyze huge and complex data sets to detect anomalies, reduce false positives, and provide end-to-end advanced fraud management solutions. The main types of fraud detection and prevention are check fraud, identity fraud, internet/online fraud, investment fraud, payment fraud, insurance fraud, and other fraud types including mortgage fraud, insider fraud, and mobile fraud. Check fraud refers to automated check image analysis utilizing powerful software to detect small corrections that may not be visible to the human eye alone. These tools look at fixed information on the check such as payer’s details, signature line placement, font, check size, and serial number. The deployment modes used in fraud detection and prevention are on-premise and cloud and the various solutions provided include fraud analytics, authentication, reporting, and visualization. Fraud detection and prevention are used in insurance claims, money laundering, and electronic payment in small and medium enterprises (SMEs), and large enterprises. The global fraud detection and prevention market is segmented - 1) By Fraud Type: Check Fraud, Identity Fraud, Internet /Online Fraud, Investment Fraud, Payment Frauds, Insurance Fraud, Other Fraud Types 2) By Deployment Mode: Cloud, On-premises 3) By Solution: Fraud Analytics, Authentication, Reporting, Visualisation, Other Solutions 4) By Application: Insurance claims, Money laundering, Electronic Payment 5) By End User: Small and Medium Enterprises (SMEs), Large Enterprises The global fraud detection and prevention market size will grow from $33.58 billion in 2022 to $41.91 billion in 2023, at a compound annual growth rate (CAGR) of 24.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global fraud detection and prevention is expected to grow to $102.45 billion in 2027 at a CAGR of 25.0%. An increase in the frequency of cyberattacks and frauds is driving the growth of the fraud detection and prevention market. The International Criminal Police Organization's judgement of the impact of COVID-19 on cybercrime has demonstrated an important target shift from individuals and small businesses to major corporations. For instance, in 2020, according to Interpol, in the pandemic, with businesses and firms immediately installing remote systems and networks to help staff work from home, criminals are taking advantage of enlarged security vulnerabilities to steal data, generate profits, and cause disruption. Within 4 months, from January to April, INTERPOL detected around 48,000 malicious URLs, 737 incidents related to the malware, and 907,000 spam messages. Therefore, the increase in the frequency of cyberattacks and frauds is driving the growth of the fraud detection and prevention market. Major players in the fraud detection and prevention market are IBM Corporation, FICO, Oracle Corporation, SAS Institute, BAE Systems, DXC Technology, SAP SE, ACI Worldwide, Fiserv, Inc., ThreatMetrix Company, NICE System Ltd., F5 Networks Inc., Equifax Inc., Cybersource Corporation, and Global Payments Inc. Technological advancement is a key trend gaining popularity in the fraud detection and prevention market. Technological advancement is the discovery of knowledge that advances the understanding of technology. For instance, in October 2022, DG Financial Technology Inc. (DGFT), a Japan-based service provider company, partnered with Scudetto Corporation, a Japan-based company specializing in online fraud prevention, and launched Sift Digital Trust & Safety Suite (Sift), an artificial intelligence (AI)-built fraud detection solution. Sift is a fraud detection and prevention solution that uses artificial intelligence to detect fraud and abuse in the e-commerce space and online, including credit card fraud and account takeover, to reduce the damage from chargebacks and other fraudulent activities by streamlining fraud prevention operations and increasing revenue. In September 2021, TransUnion, a US-based financial information platform has acquired Neustar for an undisclosed amount. The acquisition is expected to advance TransUnion’s strategy to expand from its credit solutions with supportive digital marketing and fraud mitigation capabilities. Neustar, Inc., is an American technology company that offers real-time information and analytics for the Internet, risk, and digital performance. North America was the largest region in the fraud detection and prevention market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fraud detection and prevention market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fraud detection and prevention market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The fraud detection and prevention market consists of revenues earned by entities that provide protection against fraudulent activities that can involve a broad range of cases such as money laundering, cybersecurity threats, tax evasion, and fraudulent insurance claims. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fraud detection and prevention market research report is one of a series of new reports from The Business Research Company that provides fraud detection and prevention market statistics, including fraud detection and prevention industry global market size, regional shares, competitors with a fraud detection and prevention market share, detailed fraud detection and prevention market segments, market trends and opportunities, and any further data you may need to thrive in the fraud detection and prevention industry. This fraud detection and prevention market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Antivirus software refers to a software tool that are used to protect computers from viruses by scanning, detecting, and removing them. Most antivirus software operates in the background once downloaded, providing real-time protection against virus attacks. All programs behavior is monitored by the anti-virus software, which flags any questionable behavior. The main types of antivirus software are computers, tablets, smartphones, and others. Computer anti-virus software is used in computers to prevent, scan and detect the virus and malware that harm the computer. The different operating systems include Windows, MAC, Android or IOS, or Linux and are used by various verticals such as corporate, personal, government. The global antivirus software market is segmented - 1) By Type: Computers, Tablets, Smart Phones, Other Types 2) By Operating System: Windows, MAC, Android Or IOS Or Linux 3) By End User: Corporate, Personal, Government The global antivirus software market size will grow from $4.06 billion in 2022 to $4.25 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the antivirus software is expected to grow to $5.06 billion in 2027 at a CAGR of 4.5%. The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years. A cyberattack is a cyberspace-based attack aimed at disrupting, disabling, destroying, or manipulating a computer or other device intentionally. There is an increase in hacking and data breaches in computers, laptops, and mobiles using viruses or malware. Antivirus software can block or prevent the virus or malware from entering the device and prevents cyberattacks. For instance, in 2020, Air India, an Indian-based carrier airline company, reported hackers had compromised their servers and accessed the personal data of 4.5 million fliers. In India, in 2020 alone 1.16 million cyber security cases are registered. Therefore, the increasing number of cyber-attacks drives the market for antivirus software. Major players in the antivirus software market are Symantec, McAfee, ESET, Trend Micro, F-Secure, BitDefender, G Data CyberDefense, Fortinet, Microsoft Corporation, Cheetah Mobile, AVG Technologies, Qihoo 360, Quick Heal, Tencent, Comodo Cybersecurity, Kaspersky, AhnLab Inc., Ad-Aware, Panda Security, Lavasoft. Cloud-based antivirus is a trend gaining popularity in the antivirus software market. Cloud antivirus or cloud-based antivirus is a solution that offloads the work to a cloud-based server instead of bogging down the computer with an antivirus suite. Cloud antivirus protects PCs, laptops, and mobile devices by providing behavioral-based screening and updating malware software capable of transferring data. For instance, according to Tracxn Technologies Limited, an India-based software company report in 2021, major companies including Malwarebytes, Avast, Panda Security, Qihoo 360 Technology, AVG Technologies are using cloud-based antivirus solutions. In July 2020, NortonLifeLock, a US-based cybersecurity software company acquired Avira for a $360 million deal amount. Through this acquisition, Avira serves a large customer base in Europe and important emerging markets with a consumer-focused array of cybersecurity and privacy solutions. Avira is a Germany-based company offering security software and specializes in antivirus software. North America was the largest region in the antivirus software market in 2022. Europe was the second-largest region in the antivirus software market share. The regions covered in the antivirus software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Antivirus Software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The antivirus software market includes revenues earned by entities by providing software tools that automate the processes for scanning, detecting, protecting against, and removing malware on a computer or mobile device to protect devices and data on them. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The antivirus software market research report is one of a series of new reports from The Business Research Company that provides antivirus software market statistics, including antivirus software industry global market size, regional shares, competitors with a antivirus software market share, detailed antivirus software market segments, market trends and opportunities, and any further data you may need to thrive in the antivirus software industry. This antivirus software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cybersecurity is the protection of Internet-connected systems against cyber threats such as hardware, software, and data. The main solutions of cybersecurity are network security, cloud application security, end-point security, secure web gateway, internet security and others. Network security is a set of technologies that protects the usability and integrity of a company's infrastructure by preventing a wide range of potential threats from entering or spreading within a network. The software is deployed through cloud and on-premises mode by small and medium enterprise, large enterprise. The various end users include BFSI, IT and telecommunications, retail, healthcare, government, manufacturing, travel and transportation, energy and utilities, among others. The global cybersecurity market is segmented - 1) By Solution: Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security, Other Solutions 2) By Enterprise Size: Small & Medium Enterprise, Large Enterprise 3) By Deployment Type: Cloud, On Premises 4) By End-Use: BFSI, IT & Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities, Other End-Uses The global cybersecurity market size will grow from $201.33 billion in 2022 to $223.7 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cybersecurity is expected to grow to $338.84 billion in 2027 at a CAGR of 10.9%. The rising scale of cyber threats is generating higher demand for cybersecurity solutions. Cyberattacks on individuals, companies, and governmental organizations are increasing and resulting in huge financial losses. For example, according to Infosecurity Magazine, a Canadian online magazine serving information security community, 108.9 million internet user accounts were breached in the third quarter of 2022, with a 70% increase over the previous quarter. Therefore, rising spending on cybersecurity solutions attributing to the increasing threat of cyberattacks is projected to propel the revenues for the cybersecurity market during the forecast period. Major players in the cybersecurity market are AVG Technologies NV, Check Point Software Technologies, Cisco Systems, CyberArk, F5 Networks, FireEye, Forcepoint, Fortinet, F-Secure, IBM Corporation, Imperva, Juniper Networks, McAfee, Micro Focus, Microsoft, Oracle, Palo Alto Networks, Proofpoint, Qualys, Rapid7, RSA Security, Sophos, Splunk, Symantec and Trend Micro. The increasing use of unlicensed or pirated software is a significant threat to the cybersecurity market. Pirate software refers to the unauthorized copy of the software, which is a replica of the original software. Internet-based piracy of software and solutions is an emerging issue for the industry. According to the BSA global software survey published, despite the 2% drop in the pirated software installation rates, the unlicensed software was being installed at alarming rates, accounting for 37% of software installed on personal computers. The organizations purchasing unlicensed software packages and a computer with pirated software installed can impede the growth of the bottom line and induce unprecedented security risk. Thus, this high rate of software piracy is hindering the growth of the cybersecurity market. Increasing government investments in cybersecurity solutions is a major trend shaping the growth of the cybersecurity industry. For instance, in September 2022, the Department of Homeland Security (DHS), a US federal executive department responsible for public security launched a $1 billion investment to fund its first-ever cyber grant program customized especially for state, local and territorial governments across the country. This will aid governments to address cybersecurity risks such as identifying key vulnerabilities, eliminating threats and bolstering critical infrastructure. Thus, increasing investments by the governments globally are likely to create large avenues for expansion for the players operating in the cybersecurity market over the forthcoming years. In October 2022, KnowBe4 agreed to be acquired by Vista Equity Partners, an American investment firm for $4.6 billion. The acquisition enables KnowBe4 to have additional resources and support from Vista for its next phase of development. KnowBe4 is a US-based cybersecurity company. Asia-Pacific was the largest region in the cybersecurity market in 2022. North America was the second largest region in the cybersecurity market report. The regions covered in the cybersecurity analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cybersecurity market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The cybersecurity market includes revenues earned by entities by offering software for protecting the network, computers, mobile devices, hardware, electronic systems and data from digital or malicious attacks. It is also known as electronic information security and information technology security. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cybersecurity market research report is one of a series of new reports from The Business Research Company that provides cybersecurity market statistics, including cybersecurity industry global market size, regional shares, competitors with a cybersecurity market share, detailed cybersecurity market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity industry. This cybersecurity market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cybersecurity is a practice of protecting the network, computers, mobile devices, hardware, electronic systems and data from digital or malicious attacks. It is also known as electronic information security and information technology security. The main security types of cybersecurity services market are network security, endpoint security, application security, cloud security, and others. Endpoint security is the process of preventing malicious actors and campaigns from exploiting endpoints or entry points of end-user devices such as desktops, laptops, and mobile devices. The services are used by large enterprises, small and medium enterprises of various industry verticals such as aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. The global cybersecurity services market is segmented - 1) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types 2) By User Type: Large Enterprises, Small & Medium Enterprises 3) By Industry Verticals: Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Other Industry Verticals The global cybersecurity services market size will grow from $81 billion in 2022 to $90.56 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cybersecurity services is expected to grow to $139.24 billion in 2027 at a CAGR of 11.4%. The increasing instances of massive cyber-attacks are a key factor driving the growth of the cybersecurity services market. The primary motive behind cybercrimes is political competition, financial gain, negative credibility, foreign competition and radical involvement of religious groups. Most cyber-attacks are for financial gain. WannaCry, Petya, NotPetya, and BadRabbit are some of the main ransomware products that have targeted large-scale businesses and government organizations. According to cyber security experts, ransomware threats rose by 40% to 199.7 million attacks worldwide in Q3 of 2020. In Q3 2020, Ryuk ransomware threats rose to 67.3 million, which is 33.7% of all ransomware incidents this year. The ransomware implications included inaccessibility to various municipal facilities, information leakage, and economic loss. Therefore, the increasing instances of massive cyber-attacks compel companies to integrate cybersecurity in their systems and functionality to prevent crashing thereby driving the growth of the cybersecurity services market. Major players in the cybersecurity services market are Cisco Systems, IBM Corporation, Microsoft, Check Point Software Technologies, Oracle, Trend Micro., Cyber Ark Software Ltd., FireEye Inc., Imperva Inc., ProofPoint, Inc., Micro Focus, RSA Security, Sophos, Splunk, Accenture, Capgemini, Cognizant, HCL Technologies Limited, Tata Consultancy Services, Wipro Limited, Qualys, Dell Technologies Inc., AVG Technologies NV and Intel Security (Intel Corporation). Use of Pirated and open source cybersecurity solutions, Dearth of cybersecurity expertise for proactive strategic planning, Limited security budget among SMEs, Lack of interoperability with the existing information systems, High cost of innovations and budget constraints for SMEs, and Lack of training and inadequate workforce are the major factors hampering the growth of the cybersecurity services market. Leveraging AI, machine learning, and blockchain technologies for cyber defense is a key trend in the cybersecurity services market. Cybersecurity vendors integrate artificial intelligence (AI) and machine learning principles into their solutions to tackle crucial hyper-connected workplace risks, with quicker identification, prevention, and responsiveness capabilities, the advances in technology, such as AI and machine learning, turn the tables against cybercrime. Vade Secure is one of the world's largest e-mail security firms, leveraging artificial intelligence and machine learning to defend more than 600 million mailboxes in 76 countries from a range of attacks comprising spear phishing, ransomware, and malware. In June 2020, the firm received an investment of more than $75 million from General Catalyst and plans to extend the use of AI to secure inboxes all over the globe. Cybersecurity specialists are therefore leveraging AI and machine learning technology to resolve the emerging cyber threats facing individuals, companies, and governments. North America was the largest region in the cybersecurity services market in 2022. Asia-Pacific was the second largest region in the cybersecurity services market report. The regions covered in the cybersecurity services analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cybersecurity services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The cybersecurity services market includes revenues earned by entities by providing services such as network security, application security, information security and operational security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cybersecurity services market research report is one of a series of new reports from The Business Research Company that provides cybersecurity services market statistics, including cybersecurity services industry global market size, regional shares, competitors with a cybersecurity services market share, detailed cybersecurity services market segments, market trends and opportunities, and any further data you may need to thrive in the cybersecurity services industry. This cybersecurity services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

DDOS-cyber-attack solutions refer to solutions used for the prevention of distributed denial of service (DDOS) attacks from malicious actors who, for various reasons, want to sabotage the network and functioning of a targeted organization by flooding their servers with internet traffic to prevent legitimate users from accessing their services. DDOS cyber-security solutions are services provided by firms to users to mitigate DDOS attacks. The main types of DDOS-cyber-attack solutions are hardware, software, and services. The hardware solutions provide DDOS cyber-attack hardware that acts as a physical barrier between the organization’s network and potential attackers. Hardware is most effective when applied at the network's very edge to protect all other inside devices from attacks, including firewalls. They are used in various enterprises, such as small and medium enterprises and large enterprises, deployed on-premise, cloud, and hybrid. The numerous applications include network security and database security, which are used in various verticals such as government and defense, BFSI, manufacturing, energy, and utilities, among others. The global ddos cyber attack solutions market is segmented - 1) By Offering: Hardware, Software, Services 2) By Deployment Mode: On-Premise, Cloud, Hybrid 3) By Size of Enterprise: Small and Medium Enterprises, Large Enterprises 4) By Application: Network Security, Database Security 5) By Vertical: Government and Defense, BFSI, Manufacturing, Energy and Utility, Other Verticals The global DDOS-cyber attack solutions market size will grow from $3.53 billion in 2022 to $4.14 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the DDOS-cyber attack solutions is expected to grow to $7.58 billion in 2027 at a CAGR of 16.4%. The increase in the number of DDOS attacks is significantly contributing to the growth of the DDOS cyber-security market. As firms are increasingly shifting their applications and infrastructure to the public cloud, the scope of DDOS attacks is increasing and attackers are becoming sharper, more organized, and more focused in the pursuit of their goals. As a result of this, more firms are demanding DDOS cyber-attack solutions. For instance, according to a 2021 report on global threat analysis by Radware, DDOS attacks have grown by 37% from 2020 to 2021. Therefore, an increase in the number of DDOS attacks will drive the DDOS cyber-security market growth. Major players in the DDOS-cyber-attack solutions market are A10 Networks, Activereach Ltd., Akamai Technology, Allot Ltd., Cloudflare Inc., BT Group, Corero Network Security PLC, DDoS-Guard, Fastly, Fortinet, Haltdos, Huawei Technology, Imperva, Indusface Pvt Ltd., Link11, NETSCOUT Systems Inc., Nexusguard, PhoenixNap, Radware Inc., RioRey, Seceon Inc., StackPath, StrataCore, Sucuri, Verisign, Arbor Networks Inc., Neustar Inc., Dosarrest Internet Security Ltd., F5 Networks, AhnLab, and Alibaba Cloud. Technological advancements have emerged as a key trend gaining popularity in the DDOS network security solutions market. Major companies operating in the DDOS cyber-security solutions sector are focused on introducing new technologies to improve users’ security and mitigate sophisticated and novel attacks from DDOS attackers. For instance, in January 2022, Bigleaf, a US-based internet redundancy and optimization service company, launched a DDOS mitigation service based on cloud and internet-based technology. It works across various circuits to help firms deliver more reliable services to their users. It is circuit-independent, allowing users to safeguard any ISP connection they use under a single service contract. It also covers the entirety of their bandwidth, reducing exposure to risk while simplifying support and service responsibilities. In February 2022, Radware Inc., a US-based provider of cybersecurity and applications, acquired SecurityDAM for $30 million. The acquisition will help Radware to grow its cloud security services, as SecurityDAM specializes in cloud-based DDOS solutions and licensing of software to monitor and control DDOS attacks. SecurityDAM is an Israel-based cybersecurity and applications provider. North America was the largest region in the DDOS-cyber-attack solutions market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DDOS-cyber-attack solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the DDOS-cyber-attack solution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The DDOS-cyber-attack solutions market includes revenues earned by entities by providing solutions for protecting the website and servers against malicious activities and hackers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The DDOS-cyber-attack solutions market research report is one of a series of new reports from The Business Research Company that provides DDOS-cyber-attack solutions market statistics, including DDOS-cyber-attack solutions industry global market size, regional shares, competitors with an DDOS-cyber-attack solutions market share, detailed DDOS-cyber-attack solutions market segments, market trends and opportunities, and any further data you may need to thrive in the DDOS-cyber-attack solutions industry. This DDOS-cyber-attack solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The DDoS protection and mitigation refers to a network or cloud-based protection service that is specially designed for victims to mitigate incoming threats. The DDoS protection and mitigation are used for protecting a server or network that is targeted by a DDoS (distributed denial-of-service) attack. The main types of components of DDoS protection and mitigation are hardware solutions, software solutions, and services. Hardware solutions provide protection from external attacks. The deployment includes on-premise and cloud. The organization size includes small, medium, and large enterprises. The various applications involved are network security, endpoint security, application security, and database security, and are used by various end-users, such as it and telecom, government, education, and other end-users. The global DDoS protection and mitigation market is segmented - 1) By Component: Hardware Solution, Software Solution, Services 2) By Deployment: On-Premise, Cloud 3) By Organization Size: Small and Medium Enterprises, Large Enterprises 4) By Application: Network security, Endpoint Security, Application Security, Database security 5) By End-User: IT and Telecom, Government, Education, Other End-Users The global DDoS protection and mitigation market size will grow from $3.7 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the DDoS protection and mitigation is expected to grow to $7.64 billion in 2027 at a CAGR of 15.6%. Increasing cyberattacks on websites are expected to propel the growth of the DDoS protection and mitigation market going forward. Cyberattacks are deliberate and malicious attempts by individuals or organizations that breach the information system of another individual to disrupt the network. DDoS protection and mitigation helps protect a server or network that is targeted by a DDoS (distributed denial-of-service) attack, as a result, increasing cyber-attacks increase the demand for DDoS protection and mitigation. For instance, in February 2022, according to an article published by Fortune, a US-based business magazine, there has been a 105% surge in ransomware cyberattacks 2021. Therefore, the increasing cyberattacks are driving the DDoS protection and mitigation market growth. Major players in the DDoS protection and mitigation market are Netscout Systems Inc., Akamai Technologies Inc., Radware Inc, Fortinet, Link11, Imperva, Cloudflare Inc., Corero Network Security Inc., A10 Networks, Neustar Inc., DOSarrest Internet Security, Flowmon Networks, Allot, Sucuri, NSFOCUS, and Lumens Technologies Inc (Centurylink). Technological advancements are a key trend in the DDoS protection and mitigation market. Major companies operating in the DDoS protection and mitigation market are focused on developing new technological solutions to strengthen their position. For instance, in 2021, Mazebolt Technology, Israel-based DDoS protection and mitigation, and cybersecurity company launched its new product which is the world’s first DDoS risk assessment product named the MazeBolt Radar. Radar is a patented technology that provides DDoS protection through DDoS simulations on live production without any downtime. This technology maintains DDoS mitigation without any disruptions and downtime. In January 2021, Link 11, Europe-based DDoS protection and cyber security company, acquired DOSarrest Internet Security Limited for an undisclosed amount. This acquisition provides Link 11 with an extended and strengthened security services infrastructure and will give them new customers who are dependent on digital services and processes. Link 11 believes that with DOSarrest it will be able to expand around the globe and strengthen its position as a leading provider of DDoS protection solutions. DOSarrest is a Vancouver-based provider of DDoS protection services that serves multiple customers across the globe. North America was the largest region in the DDoS protection and mitigation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in DDoS protection and mitigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the DDoS protection and mitigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The DDoS protection and mitigation market consist of revenues earned by entities by providing hybrid DDoS protection and mitigation security. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The DDoS protection and mitigation market research report is one of a series of new reports from The Business Research Company that provides DDoS protection and mitigation market statistics, including DDoS protection and mitigation industry global market size, regional shares, competitors with a DDoS protection and mitigation market share, detailed DDoS protection and mitigation market segments, market trends and opportunities, and any further data you may need to thrive in the DDoS protection and mitigation industry. This DDoS protection and mitigation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.