FMI released its DDoS protection market analysis report
According to the distributed denial-of-service (DDoS) protection market report carried out by Future Market Insights, the demand registered in the market will increase at a compound annual growth rate (CAGR) of around 15.3% from 2022 to 2032. The report states the market is expected to reach a valuation of $6.5 billion by end of 2032. Ease of availability of DDoS-for-hire services, high demand for cloud-based and hybrid DDoS protection solutions, and a rise in multi-vector DDoS attacks will drive the growth of the DDoS protection market in the coming years.
Furthermore, regulations governing CIP and services and the convergence of IT and operational technology (OT) systems are expected to drive the DDoS protection market and present attractive growth possibilities for DDoS protection solution vendors.