Bot Security (Detection) Market Share to Grow Over $1,777.73 Million by 2030: Polaris Market Research
According to the research report, the global bot security market size and share was valued at USD 408.50 Million in 2021 and is projected to reach USD 1,777.73 Million by 2030, growing at a CAGR of 19.4% over the forecast period.
According to the research report, the global bot security market size and share was valued at USD 408.50 million in 2021 and is expected to reach USD 1,777.73 million by 2030increasing to one CAGR of 19.4% during the forecast period.
Bots, also known as Internet robots, spiders, crawlers, and web bots, are Internet-based software used to perform routine tasks. Bots are of two types: good bots and bad bots. Good bots can be used to perform tasks such as indexing a search engine, while bad bots can be used to form a bot network and carry out malware attacks. Bot Security offers solutions and services to prevent the organization from possible malicious attacks such as unauthorized access, card fraud, credentials leaks, DDoS attacks, web scraping, data theft, account hacking, etc.
Botnet detection solutions enable public and private organizations to accurately detect and categorize bot types, bot traffic, and sources. Due to the rapid use of mobile gadgets and internet penetration in the world, small and large businesses are increasingly turning to these solutions and services to protect themselves from malicious attacks. The global bot security market is expected to grow at a rapid rate over the forecast period, owing to increasing digitalization, increase in the number of cyber attacks and changing technologies across the world.
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Key questions answered by the report include
- What is the current market size?
- How will the global robot security market develop during the forecast period and what will be the market size in the coming years?
- What are the driver restraints associated with the market and how will these factors affect the dynamics during the forecast period?
- What are the growth areas in the global bot security market?
- How is the market sub-categorized and what are the main segments?
- What strategies are market players adopting?
The best market players are:
- Akamai Technologies
- Alibaba Cloud
- CDN networks
- Cloud Flare Inc.
- F5 inc.
- Networks in the limelight
- Myra Tech
- PerimeterX Inc.
- Reblaze Technologies Ltd
- Shape Security Inc.
- Sophos ltd.
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Bot Security Market: Growth Drivers
Growing experience of botnet attacks, a shift in traffic from mobile to web, an increase in the use of APIs in several businesses such as retail and e-commerce, travel, gaming, hospitality and telecommunications, and growing awareness about data privacy are some of the crucial factors that are expected to fuel the growth of the bot security market over the forecast period. The major players in this market are implementing security solution strategies to secure websites and online applications. This drives the growth of the market. The media and entertainment industry is increasingly adopting botnet security solutions and services to prevent ad threats. This factor is also expected to accelerate the growth of the market. Organizations are rapidly looking for bot security solutions to protect and secure websites, databases, and applications, thereby driving the growth of the market.
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Global Bot Security Market: Report Scope
Market Size Value 2021
Market outlook for 2030
Expected CAGR Growth
19.4% from 2022 to 2030
2022 – 2030
By Component, By Vertical, By Security Type, By Deployment, By Region
Akamai Technologies, Alibaba Cloud, Arturai, CDNetworks, Cequence, Citrix, Cloudflare Inc., F5, Inc., Imperva, InfiSecure, Kount, Limelight Networks, Myra Tech, PerimeterX Inc., Reblaze Technologies Ltd, SecuCloud, Shape Security Inc., Sophos ltd. and Varity.
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Custom purchase options are available to meet your research needs.
Bot Security Market: Market Segmentation
- Insights component, vertical, security type, deployment, and region.
By component, the market is categorized into solutions and services. The services segment accounted for the largest market share. Key factors driving this growth include the increasing level of adoption of botnet detection solutions for mobile applications, secure websites and APIs across the globe. Based on the vertical, the retail and e-commerce segment held a major market share in the global market in 2021 and is expected to maintain its dominance during the projected period. Based on deployment mode, the market is divided into cloud and on-premises. The cloud-based deployment mode segment is expected to witness the highest CAGR during the forecast period.
Based on geography, the global bot security market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The North American market accounted for the largest revenue market share. Several market leading companies in the region provide security solutions to all end users. Businesses are widely adopting botnet detection systems in North America due to the increase in incidents of botnet attacks in the region. Next, Asia-Pacific is expected to generate a high CAGR in the global market. Bot security solution projects are increasingly popular in emerging countries.
Browse all “Bot Security Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services); By type of security (Web, Mobile, API); By vertical; By deployment (cloud, on-premises), by region; Sector forecasts, 2022 – 2030 » Report to https://www.polarismarketresearch.com/industry-analysis/bot-security-market
The reader will find the following fundamental factors
- Analysis of the current and future structure of the global bot security market.
- Analysis of consumption patterns.
- The international business environment, reasons for gaps and initiatives are discussed.
- Applications and product types are suggested.
- Products or goods and consumption in a particular country and region are indicated.
- The forecasts for the period considered are mentioned.
- Barriers and impediments in the global Bot Security market faced by players are highlighted.
The market is majorly segmented on the basis of component, vertical, security type, deployment, and region.
Bot Security Market: Insights by Component
Bot Security Market: By Vertical Perspectives
- Retail and e-commerce
- Government and Defense
- Health care
- Media and entertainment
- travel and hospitality
- IT and Telecom
Bot Security Market: By Security Type
Bot Security Market: By Deployment Outlook
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