Rise of Volumetric, Sophisticated, and Ransom DDoS Attacks Toward Organizations Driving the Market
The South Korean DDoS solutions market witnessed a huge growth of 61.0% on a YoY basis and recorded a revenue of US$34.2 million in 2015. The biggest DDoS attacks that targeted government, banks, and Internet sites recently have driven most of the public and private sectors to adopt DDoS solutions. In addition, many service providers and government organizations carried out their product replacement to upgrade to more advanced solutions, resulting in the tremendous growth in 2015.
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Strong Requirement for Network Resilience and Concerns Over IoT Botnets Drive Market Growth South Korean DDoS solution market witnessed a growth of 12.1% on a YoY basis and reached $28.7 million of vendor revenue in 2016. The rise of DDoS attacks in South Korea has helped to raise awareness among many businesses. Many vendors...