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CDN Security Market Growing at CAGR of 31.6% | Key Players IBM, AWS, Microsoft, Google, Oracle

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CDN Security Market Growing at CAGR of 31.6% | Key Players IBM, AWS, Microsoft, Google, Oracle

March 13
11:10 2020
CDN Security Market Growing at CAGR of 31.6% | Key Players IBM, AWS, Microsoft, Google, Oracle

Akamai Technologies (US), Amazon Web Services (US), Arbor Networks (US), ChinaCache (China), Cloudflare (US), Distil Networks (US), Limelight Networks (US), Microsoft (US), Nexusguard (US), Radware (Israel), StackPath (US), and Verizon Digital Media Services (US)
CDN Security Market by Type (DDOS Protection, Web Application Firewall, Bot Mitigation & Screen Scraping Protection, Data Security, and DNS Protection), Organization Size, Vertical, Region – Global Forecast to 2022

The Content Delivery Network Security Market size is expected to grow from USD 1.93 billion in 2017 to USD 7.63 billion by 2022, at a CAGR of 31.6% from 2017 to 2022. Major drivers of the growth of the CDN security market include increasing demand for CDN security to protect content against rising security attacks/threats, growing instances of DDoS and application layer security attacks, and increasing preferences for cloud-based services.

The scope of this report covers the CDN security market by type, organization size, vertical, and region. Increased adoption of CDN solutions across industries and providing better security to the multiple CDNs have contributed to the rise in demand for CDN security solutions.

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Based on type, the DNS protection segment is estimated to grow at a high rate during the forecast period. The DNS protection segment associates information related with domain names assigned to each of the participating entities over the network. With a rise in several DNS attacks such as reflection attacks, spoofing results, DNS flood, DNS tunnels, cache poisoning, Denial of Service (DoS), DDoS, and DNS amplification, there is an increasing demand for CDN security is increasing to protect the DNS servers. The DDoS protection segment is estimated to account for the largest market share in the CDN security market in 2017.

Based on vertical, the media, entertainment, and gaming segment is estimated to lead the CDN security market in 2017. The growth of this segment can be attributed to the large-scale content generation by the media production, animation, TV channel, and post-production companies. The use of latest technologies have led to increased risks of cyber-attacks and has thus led to an increase in the demand for CDN security solutions for the content created.

The market in North America is expected to grow at the highest CAGR during the forecast period. Major countries such as the US, Canada, and Mexico are considered for market analysis in this region. The rise in the deployment of cloud-based CDN solution enables organizations in North America to deploy CDN security.

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Organizations such as Akamai Technologies (US), Amazon Web Services (US), Arbor Networks (US), ChinaCache (China), Cloudflare (US), Distil Networks (US), Limelight Networks (US), Microsoft (US), Nexusguard (US), Radware (Israel), StackPath (US), and Verizon Digital Media Services (US) offer CDN security. These players have adopted various growth strategies, such as expansions, contracts, mergers & acquisitions, partnerships, and new product launches & product enhancements. New product launches & product enhancements accounted is the key strategy adopted by players in the CDN security market between 2015 and 2017.

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