Absolute Market Insights recent analysis of the Bot Mitigation Software Market finds that the increasing demand from the Growth of the global bot mitigation software market is mainly driven by upsurge in bad bot traffic. is expected to witness maximum growth in the Bot Mitigation Software Market during the forecast period. The global Market revenue stood at a value USD 412 Mn in the year 2021.
Market Synopsis
A Bot also known by internet bot, is a software application that performs automated tasks over the internet, means they can run without any specific instructions from humans. Bots are usually used to replace the repetitive tasks which are used to perform by humans. There are good as well as bad bots, good bots helps perform human tasks on the internet, whereas, bad bots perform account takeovers and credential theft, launch DDoS attacks, or steal intellectual property. Bad bots steal data from sites without permission in order to reuse it and gain a competitive edge. Bot mitigation relates to DDoS protection solutions which helps identify and block the unwanted or malicious bots before entering into the application or in the network.
Bot Mitigation Software Market on the basis of different parameters, such as forward/backward integration, economies of scale, the share of various distribution channels, various factors affecting consumer behaviour such as brand loyalty, price, and product availability among others, capital investments, regulatory landscape, production rights and patents, promotional strategies, and other customer preferences. This data is likely to help the industry stakeholders and stimulate the decision-making process.
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Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Bot Mitigation Software Market is predicted to grow at a CAGR of roughly 19.80% during the forecast period.
- On the basis of region, is projected to dominate the worldwide Bot Mitigation Software Market.
Market Dynamics:
Industry Analysis:
The report covers exhaustive analysis on the global Bot Mitigation Software Market. Industry, which includes market trends, drivers, restraints, opportunities, segmental analysis, regional trends, and competitive landscape among others. It includes an extensive competitive landscape covering key players in the industry and their comparative study on the basis of different parameters such as company overview, product portfolio, market revenue, business, and marketing strategies. Moreover, the report covers a thorough analysis drivers, restraints, and opportunities considering regional growth factors, technological advancements, and availability of substitute, regulatory norms, and such other growth impacting factors.
Drivers:
The number of factors such as increased use of application programming interface (APIs) across online businesses, such as travel, e-commerce, and gaming is projected to boost the demand for bot mitigation software solutions. Considerable penetration of internet coupled with the exponential rise in smartphone usage is expected to create lucrative growth opportunities for the bot mitigation software market in upcoming years.
Restraint:
Bad bots are software applications that are typically used for automated tasks with malicious intent over the internet. Bots are also being used for undertaking criminal activities, such as outright theft and fraud.
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments worldwide implemented strict lockdown measures and social distancing norms to restrict the swift spread of the pandemic. Manufacturing facilities worldwide were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pervasive might lead to a significant delay in the commercial roll-out of the packaging industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Quarterly Market Revenue Forecast 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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The Report on Bot Mitigation Software Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historical Data, Estimates, and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
North American region in the global bot mitigation software market is mainly driven by the presence of key market players and early adopters of advanced software solutions. In addition, according to the Barracuda report published in September 2021, North America accounted for about 67% of bad bot traffic, followed by Europe (22%) and Asia (7.5%). This huge bad bot traffic in the region has boosted demand for bot mitigation software market.
List of Prominent Players in Bot Mitigation Software Market:
- Akamai Technologies
- Alibaba Group
- AppsFlyer Ltd.
- Barracuda Networks, Inc.
- Cloudflare, Inc.
- DataDome
- F5, Inc.
- Google LLC
- HUMAN
- Imperva
- Kasada
- Netacea
- PerimeterX, Inc.
- Radware
- Reblaze Technologies Ltd.
- Other Market Participants
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Bot Mitigation Software Market?
- How will the Bot Mitigation Software Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Bot Mitigation Software Market?
- What is the Bot Mitigation Software Market drivers and restrictions?
- What will be the CAGR and size of the Bot Mitigation Software Market throughout the forecast period?
This market titled Bot Mitigation Software Market will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
Market Size Provided for Years: 2016-2028
Base Year: 2021
Historic Years: 2016-2020
Forecast Years: 2022-2028
Segmentation Covered:
- By Offering
- Solution,
- Service
- By Pricing Model
- Monthly,
- Annually
- By Organization Size
- Small and Medium Enterprises,
- Large Enterprises
- By Deployment Type
- Cloud,
- On-premise
- By Application
- Mobile,
- Web,
- APIs
- By Industry Verticals
- Technology,
- Media and Gaming,
- Travel and hospitality,
- Retail and Ecommerce,
- Public sector,
- Healthcare,
- Banking,
- Financial Services, and Insurance,
- Aerospace and Defence,
- Others
Region & Counties Covered
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Report Coverage
- Market growth drivers
- restraints, opportunities
- Porter’s five forces analysis
- PEST analysis
- Value chain analysis
- Regulatory landscape
- Technology landscape
- Patent analysis
- Market attractiveness analysis by segments and Regional
- Company market share analysis
- COVID-19 impact analysis
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