APAC Distributed Denial-of-Service Protection and Web Application Firewall Market, Forecast to 2023

APAC Distributed Denial-of-Service Protection and Web Application Firewall Market, Forecast to 2023

Rising IoT DDoS and Application Layer Attacks Driving Greater Adoption of DDoS and WAF Solutions

RELEASE DATE
10-Jan-2020
REGION
Asia Pacific
Research Code: PAD1-01-00-00-00
SKU: IT03988-GL-MR_23911

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Description

Investments into Web Application Firewall (WAF) and Distributed Denial-of-Service (DDoS) solutions in the Asia-Pacific region continued to increase during 2018, with both markets recording robust growth on a year-on-year (YoY) basis. An increase in the number of Internet of Things (IoT) DDoS and application layer attacks, as well as their growing sophistication, has been driving greater adoption of DDoS and WAF solutions. During 2018, DDoS and Web-based attacks continued to increase, both in terms of frequency and sophistication. With the increasing popularity and penetration of IoT devices and the high-speed mobile broadband, the number of DDoS attacks using compromised IoT devices was on the rise. At the same time, attacks on Web-based applications exploiting application vulnerability were significantly increasing. What evoked greater concern among stakeholders was the growing sophistication of DDoS and application attacks, driving investment into DDoS and WAF solutions during the year.

While the adoption of on-premise solutions recorded a slowdown for both WAF and DDoS markets across the APAC region, investment in cloud-based DDoS and WAF services continued to increase significantly. The slowdown in adoption of on-premise solutions reflects a shift of organizations away from appliance-based solutions that are difficult to scale up and out to deal with the increasingly sophisticated threat landscape when it comes to application layer security. This may also be attributable to the purchase and replacement life cycle of the products, as particularly relevant for service provider customers (telcos and managed service providers)–the largest adopters of on-premise DDoS solutions.

Increasing investment in cloud-based DDoS and WAF services indicated a growing interest among enterprises in always-on, scalable, and management-free security services. As more and more enterprises are migrating their applications to the cloud, cloud-based security services are increasingly emerging as the preferred option. As many cloud-based services providers are offering both WAF and DDoS mitigation services on the same platform and package, it is easier for enterprises to adopt these technologies to reduce the complexity in management of separate DDoS and WAF boxes.

Companies mentioned in the DDoS protection and WAF market competitive landscape include Imperva, DBAPPSecurity, Akamai, Penta Security Systems, Venustech, NSFOCUS, Alibaba Cloud, F5 Networks, Sangfor, Monitorapp, NETSCOUT Systems, Huawei, Radware, Nexusguard, Verisign, and other participants. Countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea.

Table of Contents

Key Findings

Key Findings (continued)

Market Definitions—WAF Solutions Market

Market Definitions—DDoS Solutions Market

Research Methodology

Geographic Coverage

Research Time Frame

Forecast Assumptions

Revenue Forecast—WAF Solutions Market

Revenue Forecast Discussion—WAF Solutions Market

Revenue Forecast Discussion—WAF Solutions Market (continued)

Revenue Forecast—DDoS Solutions Market

Revenue Forecast Discussion—DDoS Solutions Market

Revenue Forecast Discussion—DDoS Solutions Market (continued)

Market Share—WAF Solutions Market

Imperva—An Overview

DBAPP Security—An Overview

Akamai—An Overview

Market Share—DDoS Solutions Market

Akamai—An Overview

F5 Networks—An Overview

NETSCOUT Systems—An Overview

Transformation in DDoS and WAF Industry Ecosystem

Growth Opportunity 1—Greater Demand for Product Upgrade and Replacement

Growth Opportunity 2—Increasing Need for Managed Security Services

Growth Opportunity 3—Shift to Cloud-based Security Services

Growth Opportunity 4—Increasing Need for Threat Intelligence Services

Growth Opportunity 5—Need for DevOpsSec and Security Training

5 Major Growth Opportunities

Strategic Imperatives for Success and Growth

The Last Word—Predictions

Legal Disclaimer

List of Exhibits

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Investments into Web Application Firewall (WAF) and Distributed Denial-of-Service (DDoS) solutions in the Asia-Pacific region continued to increase during 2018, with both markets recording robust growth on a year-on-year (YoY) basis. An increase in the number of Internet of Things (IoT) DDoS and application layer attacks, as well as their growing sophistication, has been driving greater adoption of DDoS and WAF solutions. During 2018, DDoS and Web-based attacks continued to increase, both in terms of frequency and sophistication. With the increasing popularity and penetration of IoT devices and the high-speed mobile broadband, the number of DDoS attacks using compromised IoT devices was on the rise. At the same time, attacks on Web-based applications exploiting application vulnerability were significantly increasing. What evoked greater concern among stakeholders was the growing sophistication of DDoS and application attacks, driving investment into DDoS and WAF solutions during the year. While the adoption of on-premise solutions recorded a slowdown for both WAF and DDoS markets across the APAC region, investment in cloud-based DDoS and WAF services continued to increase significantly. The slowdown in adoption of on-premise solutions reflects a shift of organizations away from appliance-based solutions that are difficult to scale up and out to deal with the increasingly sophisticated threat landscape when it comes to application layer security. This may also be attributable to the purchase and replacement life cycle of the products, as particularly relevant for service provider customers (telcos and managed service providers)–the largest adopters of on-premise DDoS solutions. Increasing investment in cloud-based DDoS and WAF services indicated a growing interest among enterprises in always-on, scalable, and management-free security services. As more and more enterprises are migrating their applications to the cloud, cloud-based security services are increasingly emerging as the preferred option. As many cloud-based services providers are offering both WAF and DDoS mitigation services on the same platform and package, it is easier for enterprises to adopt these technologies to reduce the complexity in management of separate DDoS and WAF boxes. Companies mentioned in the DDoS protection and WAF market competitive landscape include Imperva, DBAPPSecurity, Akamai, Penta Security Systems, Venustech, NSFOCUS, Alibaba Cloud, F5 Networks, Sangfor, Monitorapp, NETSCOUT Systems, Huawei, Radware, Nexusguard, Verisign, and other participants. Countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea.
More Information
No Index No
Podcast No
Author Vivien Pua
Industries Information Technology
WIP Number PAD1-01-00-00-00
Is Prebook No
GPS Codes 9532-C1,9659