Bot Security Market - Trends Forecast Till 2028

Market Overview

The Bot Security Market is estimated to grow with a CGAR of 38.6% over the forecast period of 2021 – 2028.

A botnet is a gathering of connected devices which may include mobiles, PCs, server, and devices in the Internet of Things (IoT) by a common or single type of malware, wherein often the users are unaware of the affected computer.

Rise in bad bot traffic, increasing sophistication of botnet attacks and loss of revenues for organizations, a shift of traffic from mobile to web, and surge in the use of APIs across businesses such as eCommerce, travel, gaming, etc are some of the factors that have supported long-term expansion for Bot Security Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Manufacturers are facing sudden challenges caused by the crisis.

Regional Analysis

North America is anticipated to be a markedly productive regional market. The rising menace of the damage that can be done by botnets across the government in countries of these regions is boosting the demand.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Imperva Inc.
• PerimeterX Inc.
• Akamai Technologies Inc.
• Instart Logic Inc.
• Oracle Corporation

Recent Developments

• February 2019 - Akamai Technologies, Inc. and Mitsubishi UFJ Financial Group have established a joint venture, the Global Open Network, Inc. (GO-NET) and announced their plans to offer a new blockchain-based online payment network enabling next-generation transaction security, scale, and responsiveness.
• Aug 2018 - Imperva Inc. acquired a leader in Runtime Application Self-Protection, Prevoty Inc., to strengthen its market position, particularly in cybersecurity solutions.

Reasons to Acquire

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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope