Campbell, Calif., March 20, 2014 - The cloud-based security service segment is forecast to grow 60 percent over the next 5 years (2013-2018), reaching $10 billion in 2018. Market research firm Infonetics Research released excerpts from its 2014 Cloud and CPE Managed Security Services report, which analyzes and forecasts the market for cloud- and customer premises equipment (CPE)-based security services delivered by service providers to small, medium, and large businesses. The never-ending stream of highly-publicized distributed denial of service (DDoS ) attacks is causing companies of all types and sizes to begin investigating DDoS protection, and for many this protection will come in the form of hosted or cloud-based services like those provided by Prolexic and Verisign.
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