Bot Security Market Outlook 2024-2033: Trends and Projections

The bot security global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Bot Security Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The bot security market size has grown rapidly in recent years. It will grow from $0.63 billion in 2023 to $0.75 billion in 2024 at a compound annual growth rate (CAGR) of 19.7%.  The growth in the historic period can be attributed to increase in bad bot traffic, growing cybersecurity concerns, increasing incidents of bot-driven cyber-attacks targeting sensitive data and financial assets, rise in bot attacks, regulatory compliance.

The bot security market size is expected to see rapid growth in the next few years. It will grow to $1.51 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%.  The growth in the forecast period can be attributed to protection of brand reputation, rising awareness among organizations about the potential risks associated with bot activities, e-commerce growth, machine learning adoption, social media. Major trends in the forecast period include shift of traffic from web to mobile, technological advancements, development of advanced bot detection and mitigation techniques leveraging machine learning and behavioral analysis, bot detection techniques, behavioral biometrics.

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Scope Of Bot Security Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Bot Security Market Overview

Market Drivers –
An increase in bad bot traffic is expected to propel the growth of the bot security market going forward. Bad bot traffic refers to non-human traffic to a malicious or harmful website. This can involve carding, account hacking, credential stuffing, and website content theft. An increase in bad bot traffic is expected to prompt organizations across various sectors to invest in robust bot security solutions to safeguard their online assets and mitigate the risks associated with such malicious activities. As the threat landscape evolves and the frequency and sophistication of bot attacks continue to rise, there will be a growing demand for advanced bot security measures capable of effectively detecting, blocking, and neutralizing malicious bot traffic. For instance, according to a report by Imperva Inc., a US-based cyber security software and services company, bad bot traffic amounted to 25.6% of all website traffic in 2021, up 6.2% from 2020. Therefore, an increase in bad bot traffic is driving the growth of the bot security market.

Market Trends –
Major companies operating in the bot security market are developing innovative technologies, such as Software as a Service (SaaS)-based security portfolios to protect applications. A SaaS-based security portfolio refers to the collection of cloud investments made by an organization as part of its Software as a Service (SaaS) offerings, focusing on assessing the security measures implemented by each SaaS vendor, ensuring data privacy, and meeting compliance standards. For instance, in December 2022, F5 Inc., a US-based technology company specializing in application and network security, launched Cloud App Infrastructure Protection (AIP), an extension of application observability and protection to cloud-native infrastructures through cloud workload protection. It employs behavioral analysis to identify modern applications’ insider risks, external threats, and data loss risks. It can also detect vulnerable components and possibly malicious activity in real time. Cloud App Infrastructure Protection (AIP) can strengthen a conventional WAAP solution by offering improved security visibility and protection from contemporary threats. It provides comprehensive telemetry and threat detection capabilities to enhance security posture, detect vulnerable components, and defend against modern threats.

The aerospace support and auxiliary equipment market covered in this report is segmented –
1) By Type: Commercial Radars, Satellites
2) By Ownership: Public, Private
3) By Platform: Airborne, Land, Naval, Space

Subsegments Covered: Continuous Waveform, Pulse Waveform, Large Satellite, Mini Satellite, Micro Satellite, Nano Satellite

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Regional Insights –
North America was the largest region in the bot security market in 2023 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the bot security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major companies operating in the bot security market are Alibaba Cloud, CDNetworks Inc., Akamai Technologies, Citrix Systems Inc., F5 Networks Inc., Cloudflare Inc., Imperva Inc., Fastly Inc., AppsFlyer Ltd., Limelight Networks Inc., Radware Ltd., Shape Security Inc., Sophos Ltd., Kount Inc., Cequence Security Inc., DataDome, PerimeterX Inc., Netacea Ltd., Secucloud Network GmbH, Botguard, Arturai Inc., Reblaze Technologies Ltd., Variti International GmbH, Myra Security GmbH, AuthSafe GmbH., InfiSecure Technologies Inc.

Table of Contents
1. Executive Summary
2. Bot Security Market Report Structure
3. Bot Security Market Trends And Strategies
4. Bot Security Market – Macro Economic Scenario
5. Bot Security Market Size And Growth
…..
27. Bot Security Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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