Bot Security Market Size, Share, & Trends Analysis Report By Component (Solution, Services), By Security Type, By Deployment, By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Bot Security Market Size, Share, & Trends Analysis Report By Component (Solution, Services), By Security Type, By Deployment, By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Bot Security Market Size & Trends

The global bot security market size was estimated at USD 732.3 million in 2023 and is expected to grow at a CAGR of 20.2% from 2024 to 2030. The increase in automated cyberattacks drives the market's growth. Malicious bots are used extensively to execute various cyberattacks, such as credential stuffing, data scraping, denial-of-service attacks, and click fraud. These automated threats can compromise the security and integrity of websites, applications, and networks, leading to substantial financial and reputational damage. As a result, organizations across various industries recognize the need for advanced bot security solutions to detect and mitigate these threats in real time.

The increasing adoption of digital channels and e-commerce platforms contributes to the growth of the bot security market. As businesses expand their online presence and offer more services through digital channels, they become prime targets for malicious bots that seek to exploit vulnerabilities in web applications and APIs. For instance, e-commerce websites are frequently targeted by bots attempting to scrape pricing information, conduct inventory hoarding, or execute fraudulent transactions. Bot security solutions help protect these digital assets by identifying and blocking malicious bot traffic, ensuring legitimate users have a secure and seamless online experience.

The advancement of bot technologies and the emergence of sophisticated bots, such as advanced persistent bots and human-like bots, are also driving the demand for robust bot security measures. These bots can mimic human behavior, bypass traditional security mechanisms, and evade detection by conventional bot management tools. To combat these advanced threats, organizations require sophisticated bot security solutions that leverage machine learning, behavioral analysis, and artificial intelligence (AI) to distinguish between legitimate users and malicious bots accurately. The continuous innovation in bot technology necessitates a parallel advancement in bot security capabilities, fueling market growth.

Moreover, increasing awareness and focusing on customer experience also contribute to the growth of the bot security market. Malicious bots can disrupt the user experience by slowing down websites, causing application outages, and compromising transaction security. Organizations prioritizing customer satisfaction and brand reputation invest in bot security solutions to safeguard their digital platforms and provide users with a smooth, secure, and reliable experience. Businesses can enhance customer trust and loyalty by mitigating bot-related disruptions and ensuring optimal performance.

Global Bot Security Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2018 to 2030 in each of the sub-segments. For this study, Grand View Research has segmented the global bot security market report based on component, security type, enterprise size, deployment, end-use, and region:

• Component Outlook (Revenue, USD Million, 2018 - 2030)
• Solution
• Services
• Security Type Outlook (Revenue, USD Million, 2018 - 2030)
• Web Security
• API Security
• Mobile Security
• Device Security
• Network Security
• Deployment Outlook (Revenue, USD Million, 2018 - 2030)
• Cloud
• On-Premise
• Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
• Small & Medium Enterprises (SMEs)
• Large Enterprises
• End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Retail and eCommerce
• Media and Entertainment
• Travel and Tourism
• BFSI
• Telecom
• Government and Defense
• Healthcare
• Others
• Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa

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