Bot Mitigation Market Is Expected To Grow At A CAGR Of 21.63% During The Forecast Period 2019-2029

"Global Bot Mitigation Market is expected to grow owing to organizations becoming more aware of the risks posed by bot-driven attacks throughout the forecast period."

According to TechSci Research report, "Bot Mitigation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029", the Global Bot Mitigation Market Is Expected To Grow At A CAGR Of 21.63% during the forecast period. The frequency and intensity of bot-driven attacks, including DDoS attacks, credential stuffing, and content scraping, have been on the rise. Organizations across industries are compelled to invest in bot mitigation solutions to protect their digital assets and user data. Bots are becoming more sophisticated, utilizing advanced evasion techniques, and mimicking human behavior to evade detection. As bots evolve, organizations seek advanced bot mitigation solutions that leverage technologies such as artificial intelligence and machine learning to effectively identify and thwart sophisticated attacks.

The escalating frequency and complexity of cyber threats, including bot-driven attacks, create a significant opportunity for bot mitigation solutions. As the threat landscape evolves, there is an increasing demand for advanced technologies to detect and mitigate emerging threats. The widespread adoption of cloud-based services and infrastructure presents opportunities for bot mitigation solutions to protect cloud-hosted applications, APIs, and data. As organizations migrate to the cloud, there is a growing need for solutions that can secure cloud environments from automated attacks.

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Based on Security Type, the Web segment is expected to dominate the market during the forecast period. Understanding and analyzing user behavior is crucial for detecting anomalous activities that may indicate bot-driven actions. Bot mitigation solutions in the web segment often incorporate user behavior analytics to identify patterns indicative of malicious bot behavior. As mobile apps are an integral part of the web ecosystem, bot mitigation solutions extend their capabilities to secure mobile applications. This includes protection against mobile-specific threats such as API abuse, mobile bot attacks, and in-app fraud. Web-focused bot mitigation solutions must be scalable to handle varying levels of web traffic. Ensuring minimal impact on website performance is crucial to provide a seamless user experience while effectively mitigating bot threats.

Bot mitigation solutions often integrate with Web Application Firewalls to provide a comprehensive defense against web-based threats. This collaboration enhances the overall security posture by combining bot detection and mitigation with traditional security measures. Web-based businesses need to adhere to web security standards and protocols. Bot mitigation solutions in this segment often ensure compliance with industry standards, helping organizations meet requirements related to data protection and cybersecurity. To stay ahead of evolving threats, web-focused bot mitigation solutions leverage real-time threat intelligence. This enables quick adaptation to emerging attack vectors and enhances the overall effectiveness of bot detection and mitigation.

Based on End-User, the IT & Telecom segment is projected to dominate the market throughout the forecast period. As Telecom networks evolve and embrace technologies like 5G, network security becomes paramount. Bot mitigation solutions address threats to network infrastructure and APIs, ensuring the integrity and confidentiality of data flowing through these channels. Telecom companies often operate in a highly regulated environment. Bot mitigation solutions in this segment may incorporate features to help organizations comply with industry-specific regulations and standards related to data protection and cybersecurity. Some bot mitigation providers collaborate with Communication Service Providers to offer integrated solutions. This collaboration helps in providing comprehensive security solutions tailored to the specific needs of Telecom companies.

Given the dynamic nature of cyber threats, real-time threat intelligence is crucial. Bot mitigation solutions for the IT and Telecom segment often integrate with threat intelligence feeds to enhance their capabilities in identifying and mitigating emerging threats promptly. The IT and Telecom segment requires continuous monitoring and analysis of network traffic. Bot mitigation solutions provide analytics and reporting tools to help organizations understand the nature of bot attacks, allowing for proactive measures to enhance security.

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Key market players in the Global Bot Mitigation Market are:

• Akamai Technologies
• Imperva
• Cloudflare
• Radware
• PerimeterX
• DataDome
• Shape Security
• White Ops
• Fastly
• Netacea

"The Global Bot Mitigation Market in North America is poised to be the dominant force in the industry. North America, including the United States and Canada, faces a high incidence of cyber threats, including bot-driven attacks. The region's advanced technological infrastructure and widespread internet usage make it a lucrative target for various malicious activities. The financial services sector in North America is a prime target for bot attacks due to the wealth of sensitive information and financial transactions. Bot mitigation solutions are crucial for protecting online banking, payment gateways, and financial data from automated threats." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

"Bot Mitigation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Security Type (Web, Mobile and API), By Component (Standalone and Services), By End-User (IT & Telecom, BFSI, Retail & E-Commerce and Others), By Region, and By Competition 2019-2029" has evaluated the future growth potential of Global Bot Mitigation Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Bot Mitigation Market.

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Table of Contents

1. Service Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations

2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Impact of COVID-19 on Global Bot Mitigation Market

5. Voice of Customer

6. Global Bot Mitigation Market Overview

7. Global Bot Mitigation Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Security Type (Web, Mobile and API)
7.2.2. By Component (Standalone and Services)
7.2.3. By End-User (IT & Telecom, BFSI, Retail & E-Commerce and Others)
7.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia-Pacific)
7.3. By Company (2023)
7.4. Market Map ….Conti…

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