Middle East and Africa DDoS Protection and Mitigation Market

Middle East and Africa DDoS Protection and Mitigation Market Size (2024 to 2029)

The Middle East and Africa (MEA) DDoS protection and mitigation market is expected to be valued at USD 0.28 billion by 2029 from USD 0.16 billion in 2024, growing at a CAGR of 12.17% from 2024 to 2029.

DDoS protection and mitigation is considered an effective process to secure the server and the network from the danger of distributed denial of service (DDoS) attacks. At present, with the implementation of the cloud, the protection services and equipment are easily integrated to combat any risk. This mainly inculcates the deployment of devices that would filter incoming data to understand and fight attacks. The protection is applied to the areas of endpoint, database, network, and others.

The financial costs associated with a DDoS attack are immense as victims of a DDoS attack can result in high expenses to an organization until the time the attack lasts, which increases the call for protection solutions. Besides, the growth of insecure IoT devices resulted in a surge in DDoS attacks in 2018. Therefore, the augmented implementation of IoT among end-users will promote the inclusion of DDoS protection and mitigation solutions. Furthermore, several unplanned data center outages were recorded due to cybercrime (DDoS) attacks, which supports the need for DDoS protection and mitigation solutions in data centers. In addition, the hike in the number of data centers in emerging economies like South Africa will create immense growth potential for DDoS protection and mitigation solution providers in the MEA.

The surge in the number of DDoS attacks in different end-user verticals is increasing the adoption of DDoS protection and mitigation solutions across the MEA region. Strong management is also estimated to expand the market for after-threat detection in the same period. The augmenting need to control DDoS attacks in networks and endpoint applications, the rising usage of the Internet of Things (IoT) and connected devices, along with improved calls from small and medium-sized businesses are promoting the Middle East and Africa DDoS protection and mitigation market. Besides, the rising adoption of hosted DDoS protection solutions, sales in the marketplace and the need for protection are anticipated to increase during the conjecture period. Organizations around the area are developing their partnership with DDoS mitigation solution providers.

REPORT COVERAGE

This research report on the MEA DDoS protection and mitigation market has been segmented and sub-segmented based on the following categories.

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Component Type

• Hardware Solutions

• Software Solutions

• Services

Based on component, the solution segment is expected to record a majority share along with the highest growth rate over the forecast period.

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Application

• Network 

• Application-Based

• Database

• Endpoint 

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Deployment

• Cloud

• Hybrid

• On-premises

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Organization Size

• SMEs

• Large enterprises

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Vertical

• Government and Defense              

• BFSI           

• Manufacturing     

• Energy and Utilities            

• IT and Telecommunications            

• Healthcare             

• Education

• Retail      

The BFSI segment accounted for the lion’s share in the MEA market which is supposed to expand in the coming years. The BFSI sector is among the leading end-user segments that suffer from repeated data breaches and cyber-attacks because of the large consumer base and the availability of financial information. Financial service institutions have been identified to be four times more susceptible to online attacks compared to other sectors, which is supposed to stimulate demand for such solutions. DDoS attacks can result in the closure of websites, damaging the overall reputation, revenue and customer trust. In 2018, the BFSI sector recorded the highest number of cyber-attacks, which is paving the way for the deployment of efficient security services. Therefore, the continuation of this trend should increase the adoption of DDoS protection solutions in the BFSI sector in the future.

Middle East and Africa DDoS Protection and Mitigation Market Analysis By Country

• KSA

• UAE

• Israel

• rest of GCC countries

• South Africa

• Ethiopia

• Kenya

• Egypt

• Sudan

• rest of MEA

Based on geography, the market in the Middle East and Africa (MEA) is expected to grow, especially in the GCC countries, South Africa and others, due to the rising technological developments in the end-user verticals like manufacturing, energy and utilities, and so on.

KEY MARKET PLAYERS

F5 Networks, Century Link, Akamai Technologies, Arbor Network, Cloudflare, Radware, A10 Networks, Imperva, Neustar, Nsfocus, Fortinet, Nexusguard, Corero Network Security, SiteLock, Verisign and StackPath. 

RECENT HAPPENINGS IN THE MARKET

• In 2017, the U.S. Department of Commerce and Homeland Security announced a draft report on improving resilience against botnets, which is touted to reinforce the cybersecurity of government networks and critical infrastructures. Therefore, the implementation of its recommendations is established to stimulate the demand for DDoS protection solutions in government infrastructure.

• Neustar Inc. launched SiteProtect NG, its novel solution to secure brands against DDoS attacks. This solution is developed to meet the security requirements of all companies, both on-premises and cloud, to meet the next generation of cyber threats.