Bot Security (Detection) Market Share Will Grow Over USD 1.777.73 Million by 2030: Polaris Market Research

According to the research report, the global bot security market size & share was valued at USD 408.50 Million in 2021 and is expected to reach USD 1.777.73 Million By 2030, growing at a CAGR of 19.4% during the forecast period.

According to the research report, the global bot security market size & share was valued at USD 408.50 Million in 2021 and is expected to reach USD 1.777.73 Million By 2030, growing at a CAGR of 19.4% during the forecast period.

Bots, also known as Internet robots, spiders, crawlers, and web bots, are internet-based software programs used to execute routine tasks. Bots are of two types: good bots and bad bots. Good bots can be utilized to perform tasks such as indexing a search engine, while bad bots can be employed 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 frauds, credentials leaks, DDoS attacks, web scraping, data theft, account hacking, etc.

Botnet detection solutions allow 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 worldwide, small and large-scale businesses are increasingly shifting towards these solutions and services to protect themselves from malicious attacks. The global bot security market is expected to progress at a rapid pace during the forecast period, owing to rising digitalization, an increase in the number of cyber-attacks, and developments in technologies worldwide.

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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Key Questions Answered In The Report Include

What is the current market size?
How will the global bot security market change over the forecast period, and what will be the market size in the upcoming years?
What are the driver’s restraints associated with the market, and how do these factors affect the dynamics over the forecast period?
What are growth areas within the global bot security market space?
How is the market sub-categorized, and which are the leading segments?
What strategies are the market players adopting?

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Top Market Players Are:

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.
Variti

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Bot Security Market: Growth Drivers

Rising experience of botnet attacks, a moving of traffic from mobile to web, a rise in usage of APIs across several businesses like retail and e-commerce, travel, gaming, hospitality, and telecom, and increasing awareness about data privacy are some of the crucial factors expected to fuel the bot security market growth during the forecast period. Major players in this market are implementing strategies for a security solution to secure websites and online applications. This is boosting the market growth. The media & entertainment industry is increasingly adopting botnet security solutions and services to avoid threats to advertisements. This factor is also expected to accelerate market growth. Organizations are rapidly seeking bot security solutions to protect and secure websites, databases, and applications, thereby driving market growth.

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Global Bot Security Market: Report Scope

Report Attribute

Details

Market Size 2021 Value

USD 408.50 Million

Market Outlook for 2030

USD 1,777.73 Million

Expected CAGR Growth

19.4% from 2022 – 2030

Base year

2020

Forecast period

2022 – 2030

Segments covered

By Component, By Vertical, By Security Type, By Deployment, By Region

Key Companies

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 Variti.

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

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Bot Security Market: Market Segmentation

Insights component, vertical, security type, deployment, and region.

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By component, the market is categorized into solutions and services. The services segment accounted for the largest market share. The key driving factors behind this growth include the growing adoption level of botnet detection solutions to mobile apps, secure websites, and APIs across the world. On the basis of the vertical, the retail and eCommerce segment held a significant market share in the global market in 2021 and is anticipated to continue its dominance during the projected time 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.

On the basis of geography, the global bot security market is segmented into North America, Europe, Asia Pacific, and the Rest of the world. The North American market accounted for the largest revenue market share. Several leading market companies in the region are providing security solutions to all end-users. Enterprises are largely adopting Botnet Detection systems in North America due to the increasing incidents of botnet attacks in the region. Then, Asia-Pacific is anticipated to generate a high CAGR in the global market. Bot security solution projects are becoming increasingly popular in emerging countries.

Browse the full β€œBot Security Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services); By Security Type (Web, Mobile, API); By Vertical; By Deployment (Cloud, On-Premises), By Region; Segment Forecast, 2022 – 2030” Report at 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 the consumption patterns.
The international business environment, reasons for gaps, and initiatives are discussed.
Product applications and types are suggested.
The products or goods and consumption in a particular country and region are given.
The forecasts for the anticipated period are mentioned.
Barriers and hurdles in the global bot security market that the players are facing are highlighted.

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The market is primarily segmented based on component, vertical, security type, deployment, and region.

Bot Security Market: By Component Outlook

Solution
Services

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Bot Security Market: By Vertical Outlook

Retail and eCommerce
BFSI
Government and Defense
Healthcare
Media and Entertainment
Travel and Hospitality
IT and Telecom
Others

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Bot Security Market: By Security Type Outlook

Web
Mobile
API

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Bot Security Market: By Deployment Outlook

Cloud-Based
On-Premises

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