The Global Bot Mitigation Software Market Report is a compilation of comprehensive research studies of various aspects of the Bot Mitigation Software Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Bot Mitigation Software market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Bot Mitigation Software market and how they will evolve in the years to come.
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In terms of revenue, the global bot mitigation software market was valued at US$ 412 Mn in 2021, growing at a CAGR of 19.8% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries. Key Players: 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.
Growth of the global bot mitigation software market is mainly driven by upsurge in bad bot traffic. Bad bots are software applications that are typically used for automated tasks with malicious intent over the internet. Such bots are also being used for undertaking criminal activities, such as outright theft and fraud. For instance, according to the 2021 State of Bot Mitigation Survey, the provider of effective and easier way to defend against bot attacks, 64% of organizations across the globe lost more than 6% or more of their revenue owing to the bot attacks. In addition to this, 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. However, according to Checkpoint, the leading provider of cyber security solutions, cybercrime is moving towards becoming a profit-driven industry. This has posed a significant challenge on global bot mitigation software industry, hampering the global market growth.
On the other hand, 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. Bot mitigation software enables protection of web applications as well as websites from malicious bot activity and traffic. The process of bot mitigation incudes separating bad bots from good bots, distinguishing bots from real people, and dealing with the malicious activities, which is propelling the global bot mitigation software market.
The COVID-19 epidemic has caused a global health and economic crisis in the year 2020. However, during this pandemic, internet ecosystem played an important role all over the globe owing to the increased dependency on online businesses. This has led to the surge in bad bot traffic. For instance, according to the Imperva, the provider of complete cyber security solutions, in 2020, bad bot traffic increased by 6.2% and about 40.8% of the Internet traffic was not human. This increase in bad bot traffic has driven growth of the global mitigation software market during COVID-19 pandemic.
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Global Bot Mitigation Software Market:
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
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- 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
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
Rest of Latin America
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