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MiniMax Announces First Half 2026 Financial Results

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HONG KONG, Aug. 26, 2026 /PRNewswire/ — MiniMax Group Inc. (“MiniMax” or the “Company”; HKEX: 00100), a leading global artificial intelligence company, today announced its unaudited financial results for the six months ended June 30, 2026.

1H2026 Key Highlights

Total revenue increased by 283.1% year over year from US$30.4 million to US$116.6 million, exceeding our total revenue of US$79.0 million for the full year of 2025.Revenue from Open Platform and other AI-based enterprise services increased by 703.1% year over year from US$9.2 million to US$73.9 million and represented 63.4% of our total revenue, compared with 30.3% in the corresponding period of 2025.Revenue from AI-native products increased by 100.9% year over year from US$21.2 million to US$42.6 million.Gross profit improved by 464.8% year over year from US$3.7 million to US$20.8 million. Gross profit margin increased from 12.1% for the six months ended June 30, 2025 to 17.9% for the six months ended June 30, 2026.Adjusted net loss(1) was US$293.0 million for the six months ended June 30, 2026, compared with US$138.7 million for the six months ended June 30, 2025.As of June 30, 2026, our cash balance(2) was US$1,322.8 million, compared to cash balance of US$1,050.3 million as of December 31, 2025.

Dr. Yan Junjie, Co-founder and CEO of MiniMax, commented, “Intelligence can scale almost without limit; energy and compute cannot. By July 2026, Token consumption on MiniMax had grown to 20 times its January level. That reinforces a belief we’ve held since day one: the long-term competition in AI is not just about building more powerful models, but about delivering higher levels of intelligence to more people at lower cost. ‘Minimize the Cost, Maximize the Intelligence’ is how we make ‘Intelligence with Everyone’ possible.”

1H2026 Financial Review

Revenue increased by 283.1% from US$30.4 million for the six months ended June 30, 2025 to US$116.6 million for the six months ended June 30, 2026. This was primarily driven by the continued expansion of our global customer and user base, rapidly increasing demand for model inference, and our ability to convert advances in model capabilities into products and services used by global enterprises, developers and individual users.

Revenue from AI-native products increased by 100.9% from US$21.2 million for the six months ended June 30, 2025 to US$42.6 million for the six months ended June 30, 2026, primarily driven by higher user engagement and increased user willingness to pay for our products, as well as the continued adoption and monetization of products such as Hailuo AI and our other AI-native products.

Revenue generated from Open Platform and other AI-based enterprise services increased by 703.1% from US$9.2 million for the six months ended June 30, 2025 to US$73.9 million for the six months ended June 30, 2026, primarily fueled by the growth in paying individual users and enterprise users, the increase in API call volumes, and the rapid adoption of our Token Plan.

Gross profit improved by 464.8% from US$3.7 million for the six months ended June 30, 2025 to US$20.8 million for the six months ended June 30, 2026. Gross profit margin increased from 12.1% for the six months ended June 30, 2025 to 17.9% for the six months ended June 30, 2026, which was primarily driven by improving infrastructure efficiency.

Selling and distribution expenses decreased by 17.9% from US$32.8 million for the six months ended June 30, 2025 to US$27.0 million for the six months ended June 30, 2026, mainly due to a decrease in promotional expenses as a result of our continued pursuit of an organic user growth strategy.

Administrative expenses increased by 103.7% from US$14.8 million for the six months ended June 30, 2025 to US$30.2 million for the six months ended June 30, 2026, mainly driven by (i) an increase in headcount of management departments in line with the rapid development of our business and higher share-based payment expenses; and (ii) an increase in service fees to external professional service providers. As a result of our continued revenue growth and increased focus on enhancing administrative efficiency, administrative expenses as a percentage of total revenue decreased from 48.8% for the six months ended June 30, 2025 to 25.9% for the six months ended June 30, 2026.

Research and development expenses increased by 138.8% from US$124.3 million for the six months ended June 30, 2025 to US$296.9 million for the six months ended June 30, 2026, mainly attributable to an increase in cloud services expenses related to training activities, driven by the increased model iteration and upgrades as we continued to develop and refine our foundation models and multi-modal capabilities. The year-on-year growth rate of our research and development expenses was significantly lower than our revenue growth rate of 283.1% during the period, demonstrating our improved research and development efficiency.

Adjusted net loss(1) was US$293.0 million for the six months ended June 30, 2026 and US$138.7 million for the six months ended June 30, 2025, by adding back share-based payments, fair value loss on financial liabilities and listing expenses for the respective periods.

Cash balance(2) was US$1,322.8 million as of June 30, 2026, compared to US$1,050.3 million as of December 31, 2025.

Notes:

(1) We define “adjusted net loss” as net loss adjusted by adding back share-based payment expenses, fair value loss on financial liabilities and listing expenses.

(2) Cash balance included but not limited to cash and cash equivalents, financial assets at amortised cost, financial assets at fair value through profit or loss, restricted cash and time deposit.

1H2026 Business Review

We continued to advance our mission of “Intelligence with Everyone” by delivering frontier model performance and making advanced intelligence affordable at scale. We view inference efficiency not only as essential to making advanced intelligence affordable at scale, but also as a critical enabler of further scaling model capabilities through more extensive post-training, experimentation and deployment. We continued to improve the capabilities and full-stack efficiency of our foundation models, translate technological progress into AI-native products and harnesses such as MiniMax Code, and enhance our Open Platform for enterprise customers and developers. Our model capabilities continued to advance across language and multi-modality, while our products and services reached an increasingly broad global user base.

During the Reporting Period, we upgraded our core model offerings through the release of MiniMax M3, further strengthening our capabilities in coding, agentic workflows and professional work. Shortly after the Reporting Period, we also released MiniMax H3 with open weights, advancing video generation for commercial creation and widening the paths for enterprise deployment and developer innovation. As demand for inference and agentic workloads continued to grow, our Open Platform served an expanded base of enterprise customers and developers and became an increasingly important driver of our business. We continued to deepen our global footprint, serving enterprise customers, developers and individual users across more than 230 countries and regions with increasingly capable and cost-efficient intelligence offerings.

For the six months ended June 30, 2026, our total revenue increased by 283.1% year-on-year from US$30.4 million to US$116.6 million, exceeding our total revenue of US$79.0 million for the full year of 2025. This growth reflected the continued expansion of our global customer and user base, rapidly increasing demand for model inference, and our ability to convert edges in model capabilities into products and services used by global enterprises, developers and individual users.

Revenue from our Open Platform and other AI-based enterprise services increased by 703.1% year-on-year from US$9.2 million to US$73.9 million and represented 63.4% of our total revenue, compared with 30.3% in the corresponding period of 2025. The increase was driven by growth in paying users and enterprise customers, the increase in API call volumes, and the rapid adoption of our Token Plan. This performance demonstrated the growing demand for our models in production environments and the increasing contribution of enterprise and developer workloads to our business.

Revenue from our AI-native products increased by 100.9% year-on-year from US$21.2 million to US$42.6 million, driven by higher user engagement, stronger willingness to pay and the continued commercialization of Hailuo AI and our other AI-native products. We continued to upgrade our AI-native product portfolio and harness products, enabling users to apply frontier model capabilities more directly to productivity.

We maintained our commitment to long-term technological innovation while improving the efficiency with which research and development translated into business growth. Our research and development expenses increased by 138.8% year-on-year during the Reporting Period, significantly lower than our revenue growth of 283.1%. Gross profit increased by 464.8% year-on-year from US$3.7 million to US$20.8 million. We believe our continued investment in model capability, infrastructure efficiency and productization provides the foundation for sustainable growth over the long term.

Conference call

The Company’s management will host a conference call on Wednesday, August 26, 2026, at 8:00 PM Beijing Time (8:00 AM U.S. Eastern Time) to discuss the results.

Participants are required to pre-register for the conference call. Please register for the Chinese line to participate in the Q&A session; the English simultaneous interpretation line will be in listen-only mode.

Chinese Line (Mandarin):
https://s.comein.cn/m2dt2u6b

English Simultaneous Interpretation Line (listen-only mode):
https://s.comein.cn/g3uj92rq

Alternatively, participants may dial into the Chinese conference call via the following dial-in details:

Dial-in Numbers for Mainland China:

Mainland China:

+86 4001510269

Global:

+86 01021377168

Dial-in Numbers for Outside Mainland China:

Hong Kong, China:

+852 51089680

Taiwan, China:

+886 277083288

United States:

+1 2087016888

Global:

+86 1021377168

Meeting password:

691793

 

About MiniMax

MiniMax is a leading global artificial intelligence company with a mission of “Intelligence with Everyone.” The company is committed to advancing the frontiers of AI and building toward artificial general intelligence (AGI). MiniMax develops its own general-purpose foundation models across text and multimodal intelligence, and brings these capabilities to users worldwide through AI-native products and an Open Platform for enterprises and developers. Today, MiniMax’s models and AI products serve more than 300 million users across over 200 countries and regions, as well as more than one million enterprises and developers across over 100 countries. For more information, please visit https://ir.minimaxi.com/en.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements relating to our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, the Company, the Board, the employees or the Agencies are not obligated, and undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events. Furthermore, they assume no obligations to whatsoever for any loss arising from the failure of any forward-looking statements to materialize or from their becoming inaccurate.

For investor and media inquiries, please contact

MiniMax
Investor Relations
Email: ir@minimax.io

Media Relations
Email: pr@minimax.io

Piacente Financial Communications
E-mail: Minimax@thepiacentegroup.com

 

INTERIM CONDENSED CONSOLIDATED INCOME STATEMENT

For the six months ended June 30, 2026

Six months ended June 30,

2026

2025

USD’000

USD’000

(Unaudited)

(Unaudited)

REVENUE

116,573

30,429

Cost of sales

(95,760)

(26,744)

Gross profit

20,813

3,685

Other income and gains, net

8,039

20,339

Selling and distribution expenses

(26,973)

(32,843)

Administrative expenses

(30,230)

(14,843)

Research and development expenses

(296,870)

(124,333)

Fair value loss on financial liabilities

(31,025)

(253,876)

Finance costs

(647)

(325)

Impairment (losses)/reversal on financial assets, net

(1,104)

8

LOSS BEFORE TAX

(357,997)

(402,188)

Income tax expense

LOSS FOR THE PERIOD

(357,997)

(402,188)

Attributable to:

Owners of the parent

(357,997)

(402,188)

Non-controlling interests

(357,997)

(402,188)

LOSS PER SHARE ATTRIBUTABLE TO ORDINARY
   EQUITY HOLDERS OF THE PARENT

Basic and diluted

– For loss for the period (USD)

(1.18)

(3.70)

 
 

INTERIM CONDENSED CONSOLIDATED BALANCE SHEET

As at

As at

June 30,

December 31,

2026

2025

USD’000

USD’000

(Unaudited)

(Audited)

NON-CURRENT ASSETS

Property, plant and equipment

74,913

1,571

Right-of-use assets

3,869

2,357

Prepayments, other receivables and other assets

100,817

887

Financial assets at amortised cost

29,629

Financial assets at fair value through profit or loss

69,129

69,965

Financial assets at fair value through other comprehensive
   income

7,653

6,224

Restricted cash

41

41

Total non-current assets

286,051

81,045

CURRENT ASSETS

Trade receivables

39,144

10,730

Prepayments, other receivables and other assets

165,431

16,319

Financial assets at fair value through profit or loss

278,347

438,525

Restricted cash

752

20,377

Time deposits

14,038

13,787

Cash and cash equivalents

930,905

507,621

Total current assets

1,428,617

1,007,359

CURRENT LIABILITIES

Interest-bearing bank borrowings

133,555

35,452

Trade and bills payables

170,121

57,677

Other payables, accruals and other liabilities

38,934

34,068

Contract liabilities

18,287

7,541

Lease liabilities

2,035

1,318

Convertible redeemable preferred shares

3,597,566

Total current liabilities

362,932

3,733,622

NET CURRENT ASSETS/(LIABILITIES)

1,065,685

(2,726,263)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,351,736

(2,645,218)

NON-CURRENT LIABILITIES

Deferred tax liabilities

812

Lease liabilities

1,833

638

Other non-current liabilities

2,408

2,334

Total non-current liabilities

5,053

2,972

Net assets/(liabilities)

1,346,683

(2,648,190)

EQUITY

Share capital

20

Reserves/(Deficits)

1,346,663

(2,648,190)

Total equity

1,346,683

(2,648,190)

 

Reconciliation of Non-IFRS Measures

For the six months ended June 30, 2026

Six months ended June 30,

2026

2025

USD’000

USD’000

(Unaudited)

(Unaudited)

Loss for the period

(357,997)

(402,188)

Adjusted for:

Share-based payment expenses

28,208

6,634

Fair value loss on financial liabilities

31,025

253,876

Listing expenses

5,733

2,943

Adjusted net loss (non-IFRS measure(3))

(293,031)

(138,735)

Note:

(3) Please refer to section headed ” Non-IFRS Measure” in the Interim Results Announcement for more
details.

 

 

View original content:https://www.prnewswire.com/apac/news-releases/minimax-announces-first-half-2026-financial-results-302860492.html

SOURCE MiniMax Global

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Technology

Radial Tires Market to Reach USD 154.25 Billion by 2035, Reports Radial Insights

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MIDDLETOWN, Del., Aug. 27, 2026 /PRNewswire/ — The global Radial Tires Market was valued at USD 94.4 billion in 2025 and is projected to expand from USD 99.78 billion in 2026 to USD 154.25 billion by 2035, registering a compound annual growth rate of 4.96% during the forecast period, according to the latest market intelligence study published by Radial Insights.

Demand is being supported by the continued transition from bias-ply to radial construction across passenger vehicles, commercial fleets, agricultural machinery and off-the-road equipment. Radial tires offer lower rolling resistance, improved heat dissipation, longer tread life and more predictable road behavior, making them increasingly important as vehicle manufacturers and fleet operators pursue lower fuel consumption, improved safety and lower lifecycle costs.

The new study, titled “Radial Tires Market Size, Share, Growth & Trends Analysis, 2025–2035,” examines the market by vehicle type, sub-construction, end user, rim size, brand tier and region. It also evaluates bias-to-radial conversion, EV-specific tire development, premiumization, replacement demand, manufacturing capacity expansion and regulatory trends shaping future radial tire penetration.

Bias-to-Radial Conversion Remains the Core Structural Growth Driver

Radial construction already dominates mainstream passenger and commercial vehicle applications, but substantial conversion opportunities remain in developing markets and selected agricultural, construction and off-road segments. The performance advantage remains central to the transition. A National Academies review found radial-ply passenger tires delivered average rolling resistance more than 20% below bias-ply designs and associated the historical transition with an approximately 25% reduction in rolling resistance.

For commercial fleets, those differences translate directly into fuel consumption and lifecycle economics. Bridgestone’s SmartWay-verified and CARB-compliant M713 Ecopia drive radial, for example, is positioned with an 8% improvement in rolling resistance and 15% longer tread life for regional and long-haul applications. Lower heat buildup and improved tread behavior also make radial construction particularly attractive for vehicles operating long distances or at higher sustained speeds.

Regulation is reinforcing the same direction. The European Union tire label evaluates rolling resistance, wet grip and external noise, while India’s AIS-142-based framework incorporates wet-grip performance together with rolling-resistance and rolling-sound requirements across passenger, light-truck and truck-bus tires.

This combination of operating economics and regulatory pressure is supporting continued radial migration in both OEM and replacement channels, particularly across Asia-Pacific, Latin America and Africa.

Key Insights From Radial Insights’ Market Study

Passenger vehicles remain the largest application because radialization is already mature and the global installed vehicle base generates substantial recurring replacement demand.Steel-belted construction maintains leadership because of its strength, durability, stability and suitability across passenger and commercial vehicle applications.The replacement market benefits from the enormous global vehicle parc and recurring tire replacement cycles, while OEM demand remains closely tied to vehicle production.The 18-22 inch segment is expanding as SUVs, crossovers, luxury vehicles and EVs increasingly adopt larger wheel-and-tire packages.Asia-Pacific accounts for 42.61% of global revenue and remains the largest runway for continued radialization and manufacturing capacity expansion.

EV Growth Accelerates Premium Radial Tire Innovation

Electric vehicle adoption is adding a new layer of product development to the radial tire industry. Global electric car sales increased 20% in 2025 to more than 20 million units, representing approximately 25% of total car sales. These vehicles place greater emphasis on rolling resistance, load capacity, instant-torque durability and noise reduction, strengthening demand for higher-value radial products.

Major tire manufacturers are responding with dedicated EV-compatible portfolios. Michelin’s Pilot Sport EV is offered in premium fitments such as 255/40 R20 101W XL and incorporates acoustic technology designed to reduce perceived cabin noise. Bridgestone’s Turanza EV uses ENLITEN technology and carries a 50,000-mile limited warranty.

In an Audi Q4 e-tron original-equipment application, Bridgestone reported that ENLITEN technology reduced rolling resistance by up to 30% and tire weight by up to 20%. These improvements demonstrate why EV growth is influencing radial tire design beyond simple vehicle volume.

The opportunity is particularly attractive in premium replacement channels. EVs commonly use larger rim sizes and higher load ratings, raising average selling prices and encouraging manufacturers to invest in advanced compounds, lightweight construction and low-noise tread designs.

Asia-Pacific Provides the Largest Radialization Runway

Asia-Pacific leads the global Radial Tires Market with a 42.61% share, supported by expanding vehicle ownership, strong automotive manufacturing and continued conversion from bias-ply technology. India and Southeast Asia represent particularly important opportunities as manufacturers localize production and increase radial capacity.

India’s vehicle manufacturing base continues to expand. Maruti Suzuki produced a record 23.4 lakh passenger vehicles in fiscal 2025-26, while government programs such as the automotive production-linked incentive scheme and PM E-DRIVE continue to support modernization and electric mobility.

Tire manufacturers are responding with new capacity. Apollo’s Andhra Pradesh operation was designed for production of 15,000 passenger-car tires and 3,000 truck-bus radial tires per day. CEAT added a 1,500-tire-per-day truck-bus radial line at Chennai alongside passenger-car capacity, while JK Tyre expanded its Banmore facility to 30,000 passenger-car radial tires per day in January 2026.

Regional Market Outlook

Europe holds 24.78% of the Radial Tires Market and remains an important center for premium technology, advanced safety requirements and environmental regulation. High radial penetration limits basic conversion opportunities, but premium replacement, EV tires and specialty applications continue to support market value.

North America accounts for 21.90%, with demand driven primarily by mature replacement cycles, SUV and light-truck ownership, commercial fleet activity and continued adoption of high-performance products. The region’s established aftermarket infrastructure supports premium and mid-range suppliers.

Latin America represents 5.10% of global demand, with increasing vehicle ownership and infrastructure investment creating steady radialization opportunities. The Middle East holds 3.05%, supported by fleet modernization, construction and logistics, while Africa accounts for 2.56% and remains a longer-term conversion market as vehicle ownership and mechanization expand.

Radial Tires Market Snapshot, 2025–2035

Market Metric

Strategic Data Point

Historical Period

2020–2025

Base Year

2025

Forecast Period

2025–2035

2025 Baseline Market Size

USD 94.4 Billion

2026 Current Market Size

USD 99.78 Billion

2035 Forecast Market Size

USD 154.25 Billion

Forecast CAGR

4.96 %

Leading Region

Asia-Pacific

Asia-Pacific Market Share

42.61 %

Leading Vehicle Segment

Passenger Cars

Dominant Construction

Steel-Belted Radial

Core Volume Rim Size

13-17 Inch

Leading Sales Channel

Replacement / Aftermarket

Primary Growth Driver

Bias-to-Radial Conversion

Market Challenges

Raw material volatility remains a persistent profitability challenge. Natural rubber, synthetic rubber, steel and petrochemical-derived inputs can experience significant pricing swings, while intense competition limits the ability of manufacturers to fully pass higher costs to customers. This is particularly challenging for mid-range and economy suppliers competing in highly price-sensitive replacement markets.

Supply chain disruption and regulatory complexity add further risk. Tire manufacturers operate across multiple jurisdictions with different safety, labeling and environmental requirements, increasing certification and compliance costs. Companies seeking global expansion must therefore combine manufacturing scale with resilient sourcing, localized inventories and strong regulatory capabilities.

Recent Industry Developments

In January 2026, Pirelli introduced the third-generation Scorpion SUV tire with reinforced construction, updated compounds and virtual development technologies. The product targets heavier SUV platforms and highlights growing convergence between mileage, wet safety and EV compatibility.In February 2026, Bridgestone introduced three off-the-road tires at CONEXPO-CON/AGG, expanding its offerings for haulers, loaders and quarry equipment. The launch strengthens radial technology penetration in higher-value construction and mining applications.

Executive Q&A Summary

Q: What is the projected size of the Radial Tires Market?
A: The global market is projected to increase from USD 99.78 billion in 2026 to USD 154.25 billion by 2035, registering a CAGR of 4.96%.

Q: What is the most important growth driver?
A: Continued conversion from bias-ply to radial construction remains the primary driver, particularly in developing vehicle, commercial, agricultural and OTR markets.

Q: Which region leads global Radial Tires demand?
A: Asia-Pacific leads with a 42.61% market share, supported by vehicle production, expanding ownership, new radial manufacturing capacity and continued technology conversion.

Competitive Landscape

The Radial Tires Market is led by Michelin, Bridgestone, Goodyear, Continental, Pirelli, Sumitomo Rubber, Hankook, Yokohama, ZC Rubber, Maxxis, Kumho, Apollo, Nexen, MRF and Giti. These companies compete through manufacturing scale, OEM relationships, compound innovation, premium product portfolios and extensive global distribution networks.

Competition is increasingly shifting toward EV-ready technology, connected tires, lower rolling resistance and larger premium fitments. At the same time, mid-range manufacturers are expanding capacity in Asia and other emerging regions, putting greater pricing pressure on established Tier 1 brands. The ability to combine technology leadership with localized production and efficient replacement-market distribution will remain a key differentiator through 2035.

Explore the Full Radial Tires Market Study

Tire manufacturers, automotive OEMs, distributors, investors, raw material suppliers and mobility companies can access the complete Radial Insights study for deeper intelligence beyond headline market estimates.

The full report provides:

Global Radial Tires Market sizing and forecasts through 2035Passenger car, SUV, LCV, truck-bus, agricultural and OTR analysisSteel-belted, textile and aramid radial technology assessmentBias-to-radial conversion analysis by regionEV-specific radial tire opportunity assessmentOEM versus replacement market intelligenceRim-size and premiumization trendsRegional and country-level growth opportunitiesBrand-tier and competitive benchmarkingManufacturing capacity, pricing and distribution analysis

Request a Free Sample Report:
Visit https://www.radialinsights.com/report/radial-tires-market to explore the complete Radial Tires Market study, access sample data tables and charts, review the research methodology and request a free sample report.

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About Us

Radial Insights is North America’s leading specialist market research and strategic consulting firm dedicated exclusively to the global tire, rubber, and automotive industries. Headquartered in the United States, the firm delivers proprietary plant-level intelligence, dual-track validated market forecasts, competitive analysis, and custom advisory services spanning 160+ countries.

Its core assets include a continuously updated database tracking 284 tire manufacturing facilities across 38 countries, a rigorous dual-track methodology that reconciles bottom-up and top-down data within strict error tolerances, and 50–80 primary expert interviews per study with OEM purchasing managers, plant directors, and industry executives. Radial Insights supports tire manufacturers, suppliers, investors, and automotive stakeholders with actionable intelligence on market sizing, EV and mobility transitions, supply-chain dynamics, technology roadmaps, regulatory developments, and growth strategy.

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Technology

DDoS Protection and Mitigation Market worth $13.01 billion by 2031 – Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Aug. 27, 2026 /PRNewswire/ — According to MarketsandMarkets™, the DDoS Protection and Mitigation Market is anticipated to reach USD 6.90 billion in 2026 and USD 13.01 billion by 2031, recording a CAGR of 13.5% during the forecast period.

Browse 500 market data Tables and 50 Figures spread through 400 Pages and in-depth TOC on “DDoS Protection and Mitigation Market – Global Forecast to 2031”

DDoS Protection and Mitigation Market Size & Forecast:

Market Size Available for Years: 2020–20312025 Market Size: USD 6.03 billion2026 Market Size: USD 6.90 billion2031 Projected Market Size: USD 13.01 billionCAGR (2026–2031): 13.5%

DDoS Protection and Mitigation Market Trends & Insights:

The market is driven by the rising frequency and sophistication of DDoS attacks, including volumetric, multi-vector, and application-layer attacks that require advanced detection and automated mitigation.By offering, the solution segment is likely to dominate the market in terms of share in 2026.By deployment mode, the cloud segment is expected to register a CAGR of 14% during the forecast period.By vertical, the BFSI segment is likely to record the highest CAGR of 15% during the forecast period.By region, North America is expected to account for the largest share, approximately 35%, of the DDoS Protection and Mitigation Market in 2026.

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The market is driven by the increasing frequency and sophistication of DDoS attacks, as volumetric, multi-vector, and application-layer attacks require organizations to deploy advanced detection and automated mitigation capabilities. Growing dependence on cloud services and internet-facing digital infrastructure is another key driver, as enterprises increasingly rely on cloud applications, APIs, and online platforms that require continuous availability. These trends are encouraging organizations to adopt scalable, automated, and cloud-based DDoS protection solutions capable of protecting distributed infrastructure.

Botnet detection & management systems segment to register the highest CAGR from 2026 to 2031

Based on solution type, the botnet detection & management systems segment is expected to register the highest growth rate in the DDoS Protection and Mitigation Market during the forecast period. The segmental growth is supported by the increasing use of compromised IoT devices, routers, servers, and other connected systems to generate distributed DDoS attacks. Botnets enable attackers to coordinate traffic from thousands or millions of compromised devices, making attacks more difficult to identify and mitigate using conventional traffic filtering approaches. The growing availability of DDoS-for-hire services is also increasing the accessibility of botnet-driven attacks to less technically sophisticated threat actors. As a result, organizations are increasingly seeking solutions capable of identifying malicious source behavior, distinguishing bot-generated traffic from legitimate users, tracking compromised devices, and supporting automated mitigation. Vendors are incorporating behavioral analytics, machine learning, threat intelligence, traffic profiling, and automated response capabilities into botnet detection platforms to improve detection accuracy and reduce false positives. The expansion of IoT, connected devices, APIs, and cloud applications is further increasing the potential attack surface for botnet operators. Consequently, enterprises, telecommunications providers, cloud providers, and digital platforms are increasingly prioritizing dedicated botnet detection and management capabilities as part of broader DDoS defense strategies.

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BFSI segment to hold the largest share of the DDoS Protection and Mitigation Market in 2026

Based on vertical, the BFSI vertical is likely to account for the largest market share in 2026, owing to the sector’s extensive dependence on continuously available digital infrastructure and its high exposure to financially and politically motivated cyberattacks. Banks, payment providers, insurance companies, and financial technology organizations operate Internet-facing banking platforms, payment gateways, APIs, trading systems, mobile applications, and customer portals that require uninterrupted availability. DDoS attacks targeting these services can disrupt transactions, prevent customers from accessing accounts, and generate significant financial and reputational consequences. The rapid adoption of digital banking, mobile payments, open banking, and API-based financial services is further expanding the sector’s attack surface. Financial institutions also operate highly interconnected infrastructures, increasing the potential impact of attacks across multiple services and third-party systems. Consequently, BFSI organizations increasingly deploy network traffic analyzers, dedicated mitigation systems, cloud-based scrubbing, and application-layer DDoS protection to maintain service availability. The stringent security and operational resilience requirements also encourage continuous monitoring and rapid incident response. In addition, financial institutions typically have greater cybersecurity budgets and established security operations compared with many other industries, supporting investment in specialized DDoS protection technologies and managed services.

North America to capture the largest share of the DDoS Protection and Mitigation Market in 2031

North America is expected to hold the largest market share in 2031, supported by the extensive digital infrastructure, high cloud adoption, large concentration of technology companies, and significant presence of leading DDoS protection vendors. The US accounts for a substantial share of the regional market, with enterprises, cloud service providers, telecommunications operators, financial institutions, and government organizations maintaining large volumes of Internet-facing infrastructure. The region also experiences significant DDoS activity, increasing the need for continuous monitoring and mitigation. NETSCOUT recorded more than 1 million DDoS attacks in the US during both the first and second halves of 2025, highlighting the persistent threat faced by organizations operating in the country. The presence of established vendors such as Akamai, Cloudflare, NETSCOUT, Radware, F5, and Fortinet strengthens the regional ecosystem and supports the availability of advanced DDoS protection technologies. Increasing adoption of cloud computing, APIs, digital platforms, and connected infrastructure is expanding the attack surface across enterprises. Regulatory requirements, business continuity priorities, and the high financial impact of service disruptions are also encouraging organizations to invest in resilient cybersecurity infrastructure. These factors are expected to enable the region to maintain its leading position in the global market.

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Top Companies in DDoS Protection and Mitigation Market:

The Top Companies in DDoS Protection and Mitigation Market are NETSCOUT (US), Akamai (US), Radware (Israel), Huawei (China), Fortinet (US), Thales (Imperva) (France), F5 (US), Cloudflare (US), BT (UK), and A10 Networks (US).

DDoS Protection and Mitigation Market – Investment & funding +Merger & Acquisition

Investment Funding Context

The DDoS Protection and Mitigation Market is attracting investment as vendors expand cloud-based DDoS protection, edge security, AI infrastructure, and application/API protection capabilities. Gcore raised USD 60 million in Series A funding in July 2024, led by Wargaming with participation from Constructor Capital and Han River Partners, to accelerate its AI, cloud, and global infrastructure expansion. Gcore also acquired StackPath’s WAAP solution in March 2024, adding Layer 7 DDoS, bot, and API protection. Link11 acquired Reblaze Technologies in January 2024, strengthening its DDoS, web application, and API security portfolio through Reblaze’s cloud-native WAAP capabilities.

Revenue Shift Context

The DDoS Protection and Mitigation Market is increasingly shifting toward integrated, multi-layer protection capabilities, with spending expanding beyond conventional network-level mitigation toward application, API, DNS, and cloud infrastructure protection. Investment is moving toward AI-driven traffic analysis, automated mitigation, botnet detection, and cloud-based scrubbing, while organizations increasingly prioritize scalable protection across hybrid and multi-cloud environments. The expansion of web applications, APIs, and Internet-facing infrastructure is strengthening demand for application-aware DDoS protection, while the growing scale of attacks is creating opportunities for high-capacity mitigation, managed DDoS services, and automated response capabilities.

Mergers and Acquisitions

Mergers and acquisitions in the DDoS Protection and Mitigation Market are increasingly focused on strengthening IT, OT, asset visibility, and cyber-physical security capabilities. Recent transactions involving ServiceNow, Armis, Dragos, Phosphorus, Accenture, runZero, and NetRise highlight growing consolidation as major technology and security providers expand their capabilities to address increasingly connected and complex critical infrastructure environments.

DDOS PROTECTION AND MITIGATION MARKET: MERGERS AND ACQUISITIONS, JANUARY 2024–JULY 2026

Month & Year

Deal Type

Company 1

Company 2

Description

May 2026

Acquisition

NETSCOUT (US)

DigiCert (US)

NETSCOUT acquired DigiCert’s DDoS protection business assets for USD 55 million. The acquired business generated approximately USD 20 million in annualized revenue and strengthens NETSCOUT’s DDoS protection portfolio and Arbor Cloud capacity.

March 2024

Acquisition

Gcore (Luxembourg)

StackPath  (US)

Gcore acquired StackPath’s WAAP solution, adding WAF, API security, bot protection, and Layer-7 DDoS mitigation to its edge security portfolio. The solution was subsequently integrated into Gcore’s global edge platform.

January 2024

Acquisition

Link11 (Germany)

Reblaze Technologies (Israel)

Link11 acquired Reblaze, strengthening its portfolio across DDoS protection, web application and API protection, bot management, and web security. Reblaze’s cloud-native WAAP platform added ML-based behavioral protection and application-layer DDoS capabilities.

January 2024

Acquisition

Thales (France)

Imperva (US)

Thales completed its acquisition of Imperva, adding a broad application-security portfolio including DDoS Protection, WAF, API Security, and Advanced Bot Protection. This significantly strengthened Thales’ position in application and data security.

Company Revenue Share Details

The top five players, Akamai, NETSCOUT, Radware, Cloudflare, and Fortinet, collectively account for approximately 30–35% of the global DDoS Protection and Mitigation Market, reflecting a competitive landscape with several established technology and cybersecurity providers. The market is led by Akamai, NETSCOUT, Radware, Cloudflare, and Fortinet, supported by their capabilities across cloud-based DDoS protection, network traffic analysis, automated mitigation, application and API security, and network infrastructure protection. Other major vendors, including F5, A10 Networks, Huawei, Thales (Imperva), Fastly, and Corero, strengthen the competitive environment through specialized DDoS mitigation, traffic analysis, application security, and cloud-based protection offerings. The remaining market is fragmented among specialized DDoS providers, managed security service providers, telecommunications companies, and regional vendors addressing requirements across network and IP infrastructure, web applications and APIs, DNS infrastructure, and hybrid and cloud environments.

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AI Security Operations Center (SOC) Market by Software Platform (AI-native SOC, AI SOC Agents, Security Data Platforms), Services (AI-augmented MDR, AI SOC-as-a-Service, Incident Response & Forensics), Application, Vertical – Global Forecast to 2031

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Ace Hardware’s RedVest Media Unveils New Measurement, Audience and Social Capabilities at Inaugural Upfront

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New solutions help brands build awareness, reach distinctive DIY audiences and connect media investment to measurable business outcomes

OAK BROOK, Ill., Aug. 27, 2026 /PRNewswire/ — RedVest Media, Ace Hardware’s retail media network, today announced a slate of measurement enhancements, audience solutions, social and influencer capabilities, and commerce-media innovations at its inaugural 2027 Upfront. Together, the advancements are designed to help brands build stronger connections with Ace customers across the full journey, from inspiration and discovery through purchase and long-term growth.

The announcements advance RedVest Media’s evolution as The Helpful Network, pairing Ace’s distinctive customer relationships, locally rooted store model and home-improvement expertise with media solutions that are more measurable, more actionable and more relevant to the moments that matter. The inaugural event was supported by DoorDash, Pacvue, Epsilon and In-Store Marketplace, whose partnerships help power the continued evolution of RedVest Media’s commerce, measurement, audience and activation capabilities.

“We are expanding RedVest Media thoughtfully in the areas advertisers value most and in ways that lean into the uniqueness of Ace. Our focus is providing even more robust measurement, richer audience intelligence and more ways to activate across the customer journey,” said Molly Hjelm, Corporate Vice President and Head of RedVest Media at Ace Hardware. “We’re particularly thrilled to announce significant partnerships in Social and Influencer, which will help our vendors engage the Ace customer via trusted, authentic perspectives. Our newly announced DoorDash partnership will help advertisers drive discovery and engage new customers through the DoorDash platform.”

More robust measurement and actionable insights
RedVest Media is expanding its measurement suite to give advertisers a clearer view of both immediate campaign performance and broader business impact. Enhancements include incrementality measurement for offsite media, new-to-brand reporting and new ways to share insights and analysis. The expanded approach is designed to help brands better understand the business impact of their media investment, identify what’s driving growth and uncover opportunities to optimize future campaigns.

Social and Influencer capabilities officially launch
RedVest Media is officially launching social amplification and influencer marketing capabilities. Social amplification enables brands to extend existing social creative into additional media environments while adding RedVest Media audience capabilities and closed-loop measurement. Through Influential, brands will also be able to work with trusted, Ace-vetted creators to bring products and project ideas to life, reaching customers earlier in moments of inspiration and consideration.

DoorDash partnership creates a new commerce-media touchpoint
Through a new DoorDash advertising capability, Ace vendors can engage customers directly within the Ace Hardware storefront on DoorDash. Sponsored Ads and Sponsored Brands formats are designed to help brands increase visibility and influence purchase decisions while customers are actively building an order. A proud Upfront sponsor, DoorDash is helping extend the RedVest Media ecosystem into on-demand commerce, creating new opportunities for brands to drive visibility and sales in high-intent shopping moments.

A new audience library reflects the distinctiveness of the Ace customer
RedVest Media is building an audience library designed to connect brands with Ace’s distinctive base of DIYers, handy homeowners and customers focused on maintaining and preserving their homes. While RedVest has always leveraged first-party data for its targeting, an audience library gives advertisers even more connectivity to custom customer cohorts aligned to their objectives.

Innovation built for home improvement, local relevance and the Ace model
RedVest Media also announced capabilities that lean into the unique dynamics of the home-improvement category, Ace’s locally owned store model and the role Ace retailers play in their communities.

Weather-Triggered Programmatic Advertising: activates campaigns based on local weather conditions, helping brands deliver timely messages when weather creates a relevant project, product or household need.RetailerReach: gives eligible vendors new ways to reach Ace and Emery Jensen retailers through retailer-facing banners, emails and educational content, helping brands build consideration and support distribution in partnership with merchandising.Category Driver Campaigns: are multi-brand media packages with shared creative aligned to relevant seasonal moments and merchant departmental objectives. These campaigns are eligible for pooled investment across multiple relevant brands, allowing participating brands to get more reach and channels for their investment than if they were to execute their own campaign.

Together, these launches create a more connected RedVest Media ecosystem, one that combines the scale and convenience of digital commerce with the relevance of local communities, distinctive home-improvement audiences and measurement designed to guide smarter investment.

“For more than 100 years, Ace has helped customers care for the homes and communities they value most,” said Kim Lefko, Chief Marketing Officer at Ace Hardware. “We’ve built our reputation by being The Helpful Place and by offering highly desired national brands. Our retail media network reflects that. RedVest Media is a brand-building tool that puts the power of more than 80 million Ace Rewards members, over 5,300 store locations, and Ace’s hyper-local relevance in the hands of our vendor community. It’s been incredibly exciting to see how rapidly brands have leaned in, using these tools to earn attention and drive growth.”

The announced capabilities are available now, and the audience library will continue to develop over calendar year 2027. Some capabilities may require an investment or commitment threshold.

About Ace Hardware
Ace Hardware is the largest hardware cooperative in the world, serving more than 8,950 locally owned and operated stores around the globe, while providing the best products, services, and operating methods to almost 5,300 Ace retail stores in the United States. Ace Hardware’s family of brands includes Ace Hardware, Emery Jensen Distribution, and independent retailers worldwide. Headquartered in Oak Brook, Ill., Ace operates an expansive network of U.S. distribution centers, along with international capabilities in Ningbo, China. Since 1924, Ace has been a part of local communities, known as the place with the helpful hardware folks. For more information, visit acehardware.com or newsroom.acehardware.com.

Media Contact: redvestmedia@5wpr.com

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