Worldwide Bot Security Industry Report to 2030 - Featuring Cloudflare, F5, Imperva and InfiSecure Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Bot Security Market Share, Size, Trends, Industry Analysis Report, By Component; By Security Type; By Vertical; By Deployment, By Region; Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global bot security market size is expected to reach USD 1,777.73 million by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid shift in traffic from the web to mobile boosts the bot safety industry growth during the forecast period. This number is predicted to grow exponentially as Internet penetration rises. For instance, as per the International Telecommunication Union, it is estimated that around 4.9 billion people, or 63% of the world's population, will be using the internet, in 2021. This represents a 17 percent growth over 2019, with 782 million individuals estimated to have used the internet during that time. However, 2.9 billion people remain unconnected.

Smartphones are being used for various tasks, including internet shopping, social media applications, and product research. As a result of the emergence of social networking apps like Facebook, Instagram, Snapchat, and online entertainment platforms like Netflix and Amazon Prime, smartphone users are spending more time on activities. As a result, web traffic is shifting away from desktop computers and toward mobile devices, making botnet attacks a lucrative opportunity during the forecast period.

Based on the component, the services segment accounted for the leading market share in the market in 2021. The services category includes a wide range of services needed to set up, administer, and maintain a bot safety platform in a business. Market demand for these services is expected to rise as bot threat protection becomes more extensively used.

The publisher has segmented the bot security market report based on component, vertical, security type, deployment, and region:

Bot Security, Component Outlook (Revenue - USD Million, 2018 - 2030)

• Solution
• Services

Bot Security, Vertical Outlook (Revenue - USD Million, 2018 - 2030)

• Retail and eCommerce
• BFSI
• Government and Defense
• Healthcare
• Media and Entertainment
• Travel and Hospitality
• IT and Telecom
• Others

Bot Security, Security Type Outlook (Revenue - USD Million, 2018 - 2030)

• Web
• Mobile
• API

Bot Security, Deployment Outlook (Revenue - USD Million, 2018 - 2030)

• Cloud-Based
• On-Premises

Bot Security, Regional Outlook (Revenue - USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• France
• Germany
• UK
• Italy
• Netherlands
• Spain
• Austria
• Asia Pacific
• China
• India
• Japan
• Malaysia
• South Korea
• Indonesia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

Market Dynamics

Drivers and Opportunities

• Increasing sophistication of botnet attacks and loss of revenues for organizations
• Shift of traffic from mobile to web

Restraints and Challenges

• Cybercrime moving toward becoming a profit-driven industry

Companies Mentioned

• Akamai Technologies
• Alibaba Cloud
• Arturai
• CDNetworks
• Cequence
• Citrix
• Cloudflare Inc.
• F5 Inc.
• Imperva
• InfiSecure
• Kount
• Limelight Networks
• Myra Tech
• PerimeterX Inc.
• Reblaze Technologies Ltd
• SecuCloud
• Shape Security Inc.
• Sophos Ltd.
• Variti

For more information about this report visit https://www.researchandmarkets.com/r/is4xfp