Global Bot Security Research Report 2023: Bot attacks, cloud computing and behavior-based bot management present opportunities

Dublin, July 20, 2023 (GLOBE NEWSWIRE) — The report “Global Bot Security Market by Component (Services, Solution), Security Type (API Security, Mobile Security, Web Security), Enterprise Size, Deployment, Vertical – Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation – Forecast 2023-2030” has been added to ResearchAndMarkets.com offer.

The global market size of bot security was estimated at USD 941.47 million in 2022, USD 1.10 billion in 2023, growing at a CAGR of 18.75% to reach USD 3.72 billion by 2030.

In this report, 2018 to 2021 are considered historical years, 2022 is the base year, 2023 is the estimated year, and the years 2024 to 2030 are considered as the forecast period.

The report considers the current political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine conflict and its potential implications for supply-demand balances, pressure on price variants, import/export and trade. In addition, the report addresses the impact of high inflation on the global economy and details fiscal policies that measure and reduce its effects on demand, supply, cash flow and currency exchange.

Market share analysis offers an in-depth look at the current state of sellers in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they face as they compete for market share.

The analysis also sheds light on how competitive a given industry is in terms of accumulation, fragmentation dominance, and merger traits over the base year period studied.

Market segmentation and coverage:

This research report categorizes the global Robot Security market in order to forecast revenue and analyze trends in each of the following submarkets:

• Based on Component, the market is studied through Services and Solutions.
  • Services are expected to witness a significant market share during the forecast period.
• Based on the type of security, the market is studied across API Security, Mobile Security, and Web Security.
  • API Security is expected to witness significant market share during the forecast period.
• Based on the size of the enterprise, the market is studied between large enterprises and SMEs.
  • Large enterprises are expected to witness a significant market share during the forecast period.
• Based on the implementation, the market is studied on cloud and on-premises.
  • On-Premises is expected to witness significant market share during the forecast period.
• Based on Vertical, the market is studied across BFSI, Government & Defense, Healthcare, IT & Telecom, Media & Entertainment, Retail & E-Commerce, and Travel & Hospitality.
  • Healthcare is expected to witness significant market share during the forecast period.
• Asia-Pacific is expected to witness significant market share during the forecast period.

Key Attributes:

Ratio attribute	Details
No. of pages	192
Forecast period	2023 – 2030
Estimated market value (USD) in 2023	$1.1 billion
Projected market value (USD) by 2030	$3.72 billion
Compound annual growth rate	18.7%
Regions covered	Global

Market dynamics

Drivers

• Increased number of bot attacks due to internet and smartphone penetration
• Increasing sophistication of botnet attacks and loss of revenue for organizations
• Rapid adoption of cloud computing in organizations

Restrictions

• Limited knowledge of botnet attacks and IoT threats

Opportunity

• Technological advances in managing behavior-based bots
• Recent innovations in the field of safety robotics

Challenges

• Inefficiency and limitations of CAPTCHA in identifying botnet attacks

Market trend

• Cumulative impact of COVID-19
• Cumulative impact of the Russia-Ukraine conflict
• Cumulative impact of high inflation
• Porter’s five forces analysis
• Analysis of the value chain and the critical path
• Regulatory framework

Competitive landscape

• Akamai Technologies Inc.
• Alibaba Cloud
• Amazon Web Services
• AppsFlyer Ltd.
• Arthur
• AuthSafe
• Automation Everywhere, Inc.
• Botguard organizational unit
• CD Networks Inc.
• Cequence Security, Inc.
• cisco systems, inc.
• Citrix Systems, Inc.
• Cloudflare, Inc.
• Cloudways Ltd. of DigitalOcean Holdings, Inc.
• Date Dome
• Edge, Inc.
• Equifax Inc.
• F5, Inc.
• Quickly, Inc.
• Human Security, Inc.
• Impera Inc.
• International Business Machines Corporation
• Microsoft Corporation
• Myra Security GmbH
• Netacea Limited
• Oracle company
• Radware Ltd.
• Reblaze Technologies Ltd.
• Sophos Limited
• Variti Limited

For more information about this report, please visit https://www.researchandmarkets.com/r/wjrco5

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We bring you the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

• Global bot security market