The bot mitigation market size has grown exponentially in recent years. It will grow from $0.58 billion in 2023 to $0.72 billion in 2024 at a compound annual growth rate (CAGR) of 24.5%. The expansion observed during the historical period can be attributed to several factors, including the increase in automated attacks, vulnerabilities in web applications, account takeover attacks, e-commerce fraud, ad fraud, and distributed denial of service (DDoS) attacks.
The bot mitigation market size is expected to see exponential growth in the next few years. It will grow to $1.75 billion in 2028 at a compound annual growth rate (CAGR) of 24.8%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing sophistication of bots, the proliferation of IoT botnets, the expansion of cloud-based attacks, the emergence of new threats in the cyber landscape, the growing automation of cyberattacks, and the integration with security orchestration platforms. Key trends expected during this period encompass the development of enhanced bot detection techniques, a focus on zero-trust architecture for security, the expansion of cloud-native bot mitigation solutions, the adoption of behavioral biometrics for bot identification, and the rise of AI-powered bot attacks.
The increasing threat posed by phishing and malware is anticipated to drive the expansion of the bot mitigation market in the foreseeable future. Phishing involves deceptive attempts, such as false emails or messages, to extract personal information from individuals, while malware encompasses programs intended to infiltrate networks, steal data, disrupt services, or gain unauthorized access to IT systems. This threat escalation stems from the growing digital interconnectedness, the advancing sophistication of cybercriminals, and vulnerabilities in technology infrastructures. Bot mitigation solutions play a crucial role in thwarting phishing and malware attacks by detecting and blocking automated bot traffic commonly utilized to disseminate malicious links and payloads. This helps safeguard users against deceptive tactics and potential compromises of sensitive information. For instance, the Anti-Phishing Working Group (APWG) reported a rise in phishing attacks to 12.7 million in the third quarter of 2022, up from 10.97 million attacks in the preceding quarter. Consequently, the heightened threat of phishing and malware is propelling the growth of the bot mitigation market.
Leading companies in the bot mitigation market are concentrating on the development of innovative products, such as advanced bot defense platforms, to enhance their market revenues. Advanced bot defense platforms are cybersecurity solutions engineered to shield websites and web applications from malicious traffic and misuse by bots. These bots often engage in harmful activities like credential theft and content scraping. For instance, Kasada, an Australian cybersecurity software developer, unveiled an advanced bot defense platform in December 2023. This platform offers dynamic protection and insights into evolving threats. It addresses the shortcomings of conventional bot detection systems, which struggle to defend against modern bot attacks and online fraud, including account takeovers. Kasada's platform distributes its defense system randomly across its architecture, making it challenging and costly for attackers to bypass. Notably, the platform operates discreetly, ensuring swift and efficient protection without impacting user experience.
In December 2023, Thales Group, a French information technology company, completed the acquisition of Imperva Inc. for $3.6 billion. This strategic move aims to enrich Thales Group's cybersecurity portfolio and confront the growing cybersecurity complexities encountered by enterprises and governments worldwide. By integrating Imperva's expertise in application security, data security, and identity and access management, Thales Group seeks to bolster its capabilities in addressing cybersecurity challenges effectively. Imperva Inc., based in the United States, specializes in providing bot mitigation services.
Major companies operating in the bot mitigation market are Cisco Systems Inc., Broadcom Inc., Palo Alto Networks Inc., Fortinet Inc., Akamai Technologies Inc., Citrix Systems Inc., Cequence Security Inc., F5 Networks Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., Proofpoint Inc., Zscaler Inc., Cloudflare Inc., Netscout Systems Inc., Forcepoint LLC, Fastly Inc., Barracuda Networks Inc., Radware Ltd., Imperva Inc., White Ops Inc., Sophos Group Plc, DataDome SAS, Netacea Ltd, Reblaze Technologies Ltd.
North America was the largest region in the bot mitigation market in 2023. The regions covered in the bot mitigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bot mitigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Bot mitigation encompasses the strategies and techniques employed to detect, prevent, and mitigate the impact of malicious bots on websites, applications, and online services. It entails the use of specialized software, algorithms, and security protocols to distinguish between human users and bots, aiming to safeguard the integrity, security, and performance of digital platforms while ensuring a positive user experience for legitimate users.
The primary components of bot mitigation include standalone solutions and services. Standalone solutions refer to systems or software that operate independently, requiring no integration with other systems or software. These solutions encompass various security types such as web, mobile, and application programming interfaces (APIs), and can be deployed in different modes including cloud-based and on-premises deployments. They cater to organizations of all sizes, ranging from large enterprises to small and medium-sized businesses, across diverse industries such as retail and e-commerce, banking and financial services, information technology and telecommunications, media and entertainment, defense and security, travel and tourism, healthcare, energy and utilities, and automotive and aviation.
The bot mitigation market research report is one of a series of new reports that provides bot mitigation market statistics, including bot mitigation industry global market size, regional shares, competitors with a bot mitigation market share, detailed bot mitigation market segments, market trends and opportunities, and any further data you may need to thrive in the bot mitigation industry. This bot mitigation market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The bot mitigation market includes revenues earned by entities by providing services such as bot detection and analysis, bot blocking or limitation, continuous monitoring and threat intelligence, and incident response and mitigation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The bot mitigation market size is expected to see exponential growth in the next few years. It will grow to $1.75 billion in 2028 at a compound annual growth rate (CAGR) of 24.8%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing sophistication of bots, the proliferation of IoT botnets, the expansion of cloud-based attacks, the emergence of new threats in the cyber landscape, the growing automation of cyberattacks, and the integration with security orchestration platforms. Key trends expected during this period encompass the development of enhanced bot detection techniques, a focus on zero-trust architecture for security, the expansion of cloud-native bot mitigation solutions, the adoption of behavioral biometrics for bot identification, and the rise of AI-powered bot attacks.
The increasing threat posed by phishing and malware is anticipated to drive the expansion of the bot mitigation market in the foreseeable future. Phishing involves deceptive attempts, such as false emails or messages, to extract personal information from individuals, while malware encompasses programs intended to infiltrate networks, steal data, disrupt services, or gain unauthorized access to IT systems. This threat escalation stems from the growing digital interconnectedness, the advancing sophistication of cybercriminals, and vulnerabilities in technology infrastructures. Bot mitigation solutions play a crucial role in thwarting phishing and malware attacks by detecting and blocking automated bot traffic commonly utilized to disseminate malicious links and payloads. This helps safeguard users against deceptive tactics and potential compromises of sensitive information. For instance, the Anti-Phishing Working Group (APWG) reported a rise in phishing attacks to 12.7 million in the third quarter of 2022, up from 10.97 million attacks in the preceding quarter. Consequently, the heightened threat of phishing and malware is propelling the growth of the bot mitigation market.
Leading companies in the bot mitigation market are concentrating on the development of innovative products, such as advanced bot defense platforms, to enhance their market revenues. Advanced bot defense platforms are cybersecurity solutions engineered to shield websites and web applications from malicious traffic and misuse by bots. These bots often engage in harmful activities like credential theft and content scraping. For instance, Kasada, an Australian cybersecurity software developer, unveiled an advanced bot defense platform in December 2023. This platform offers dynamic protection and insights into evolving threats. It addresses the shortcomings of conventional bot detection systems, which struggle to defend against modern bot attacks and online fraud, including account takeovers. Kasada's platform distributes its defense system randomly across its architecture, making it challenging and costly for attackers to bypass. Notably, the platform operates discreetly, ensuring swift and efficient protection without impacting user experience.
In December 2023, Thales Group, a French information technology company, completed the acquisition of Imperva Inc. for $3.6 billion. This strategic move aims to enrich Thales Group's cybersecurity portfolio and confront the growing cybersecurity complexities encountered by enterprises and governments worldwide. By integrating Imperva's expertise in application security, data security, and identity and access management, Thales Group seeks to bolster its capabilities in addressing cybersecurity challenges effectively. Imperva Inc., based in the United States, specializes in providing bot mitigation services.
Major companies operating in the bot mitigation market are Cisco Systems Inc., Broadcom Inc., Palo Alto Networks Inc., Fortinet Inc., Akamai Technologies Inc., Citrix Systems Inc., Cequence Security Inc., F5 Networks Inc., Check Point Software Technologies Ltd., Trend Micro Inc., CrowdStrike Holdings Inc., Proofpoint Inc., Zscaler Inc., Cloudflare Inc., Netscout Systems Inc., Forcepoint LLC, Fastly Inc., Barracuda Networks Inc., Radware Ltd., Imperva Inc., White Ops Inc., Sophos Group Plc, DataDome SAS, Netacea Ltd, Reblaze Technologies Ltd.
North America was the largest region in the bot mitigation market in 2023. The regions covered in the bot mitigation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bot mitigation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Bot mitigation encompasses the strategies and techniques employed to detect, prevent, and mitigate the impact of malicious bots on websites, applications, and online services. It entails the use of specialized software, algorithms, and security protocols to distinguish between human users and bots, aiming to safeguard the integrity, security, and performance of digital platforms while ensuring a positive user experience for legitimate users.
The primary components of bot mitigation include standalone solutions and services. Standalone solutions refer to systems or software that operate independently, requiring no integration with other systems or software. These solutions encompass various security types such as web, mobile, and application programming interfaces (APIs), and can be deployed in different modes including cloud-based and on-premises deployments. They cater to organizations of all sizes, ranging from large enterprises to small and medium-sized businesses, across diverse industries such as retail and e-commerce, banking and financial services, information technology and telecommunications, media and entertainment, defense and security, travel and tourism, healthcare, energy and utilities, and automotive and aviation.
The bot mitigation market research report is one of a series of new reports that provides bot mitigation market statistics, including bot mitigation industry global market size, regional shares, competitors with a bot mitigation market share, detailed bot mitigation market segments, market trends and opportunities, and any further data you may need to thrive in the bot mitigation industry. This bot mitigation market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The bot mitigation market includes revenues earned by entities by providing services such as bot detection and analysis, bot blocking or limitation, continuous monitoring and threat intelligence, and incident response and mitigation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Bot Mitigation Market Characteristics3. Bot Mitigation Market Trends and Strategies32. Global Bot Mitigation Market Competitive Benchmarking33. Global Bot Mitigation Market Competitive Dashboard34. Key Mergers and Acquisitions in the Bot Mitigation Market
4. Bot Mitigation Market - Macro Economic Scenario
5. Global Bot Mitigation Market Size and Growth
6. Bot Mitigation Market Segmentation
7. Bot Mitigation Market Regional and Country Analysis
8. Asia-Pacific Bot Mitigation Market
9. China Bot Mitigation Market
10. India Bot Mitigation Market
11. Japan Bot Mitigation Market
12. Australia Bot Mitigation Market
13. Indonesia Bot Mitigation Market
14. South Korea Bot Mitigation Market
15. Western Europe Bot Mitigation Market
16. UK Bot Mitigation Market
17. Germany Bot Mitigation Market
18. France Bot Mitigation Market
19. Italy Bot Mitigation Market
20. Spain Bot Mitigation Market
21. Eastern Europe Bot Mitigation Market
22. Russia Bot Mitigation Market
23. North America Bot Mitigation Market
24. USA Bot Mitigation Market
25. Canada Bot Mitigation Market
26. South America Bot Mitigation Market
27. Brazil Bot Mitigation Market
28. Middle East Bot Mitigation Market
29. Africa Bot Mitigation Market
30. Bot Mitigation Market Competitive Landscape and Company Profiles
31. Bot Mitigation Market Other Major and Innovative Companies
35. Bot Mitigation Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Bot Mitigation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on bot mitigation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for bot mitigation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bot mitigation market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Component: Standalone; Services2) by Security Type: Web; Mobile; Application Programming Interface
3) by Deployment Mode: Cloud; on-Premises
4) by Enterprise Size: Large; Small and Medium
5) by End User: Retail and E-Commerce; Banking, Financial Services, and Insurance (BFSI); Information Technology and Telecommunication; Media and Entertainment; Defense and Security; Travel and Tourism; Healthcare; Energy and Utilities; Automotive and Aviation
Key Companies Mentioned: Cisco Systems Inc.; Broadcom Inc.; Palo Alto Networks Inc.; Fortinet Inc.; Akamai Technologies Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Cisco Systems Inc.
- Broadcom Inc.
- Palo Alto Networks Inc.
- Fortinet Inc.
- Akamai Technologies Inc.
- Citrix Systems Inc.
- Cequence Security Inc.
- F5 Networks Inc.
- Check Point Software Technologies Ltd.
- Trend Micro Inc.
- CrowdStrike Holdings Inc.
- Proofpoint Inc.
- Zscaler Inc.
- Cloudflare Inc.
- Netscout Systems Inc.
- Forcepoint LLC
- Fastly Inc.
- Barracuda Networks Inc.
- Radware Ltd.
- Imperva Inc.
- White Ops Inc.
- Sophos Group Plc
- DataDome SAS
- Netacea Ltd
- Reblaze Technologies Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 0.72 Billion |
Forecasted Market Value ( USD | $ 1.75 Billion |
Compound Annual Growth Rate | 24.8% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |