Botnet Detection Market to hit $ 6,986.1 Million, Globally, by 2027 at 50.6% CAGR, The global botnet detection market witnesses a continual rise in revenues. The proliferation of the Internet is a major driving force defining the growing market landscape. Botnets have been around for many years. However, over recent years, with the rise of the Internet of Things (IoT), they have spread further to devices like routers, mobile devices, and even toasters.
Besides, the rising adoption of botnet detection techniques by businesses and organizations to protect their endpoints and data from targeted attacks creates significant market opportunities. The wide uptake of botnet detection solutions increases the market value. Additionally, the augmenting demand from BFSI and retail & e-commerce industries boosts the botnet detection market size.
According to Market Research Future (MRFR), the global botnet detection market would continue garnering significant gains by 2027, growing at a phenomenal CAGR throughout the forecast period. The growing number of businesses adopting BYOD policies and their heavy reliance on mobile devices and laptops for business communication create substantial market demand.
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Global Botnet Detection Market – Segmentations
By deployment, the market is segmented into on-cloud and on-premise.
By organization size, the market is segmented into large enterprise and small and medium enterprises (SMEs).
By application, the market is segmented into web-based, mobile-based, and API based.
By detection technique, the market is segmented into flow data monitoring, anomaly detection, DNS log analysis, and honeypots.
By vertical, the market is segmented into BFSI, government & defense, IT & telecom, retail, media & entertainment, transportation, healthcare, and others.
Global Botnet Detection Market – Geographical Analysis
North America dominates the global botnet detection market. The largest market share attributes to the increasing adoption of cloud & IoT technologies and connected devices, such as smartphones largely vulnerable to botnet attacks. The US and Canada account for sizable shares in the regional market, with their huge research and development spending for botnet detection techniques.
The Asia Pacific region stands second in the global botnet detection market. The region is increasingly becoming one of the most lucrative markets for cybersecurity technologies. Besides, the market growth is driven by the increasing adoption of botnet detection techniques by a large number of organizations to safeguard their enterprise data.
Moreover, the augmenting demand for comprehensive security approaches in web-based, mobile-based, and API-based applications increase the botnet detection market size. Rapidly developing APAC countries such as India and China, backed by their huge and well-established cybersecurity technologies, propel the market growth in the region.
Europe also demonstrates substantial growth in the botnet detection market, with the increasing investments on account of government initiatives. Countries such as Germany, the UK, and France, account for leading botnet security markets in the region. Additionally, rising technological enhancements and the growing adoption of botnet detection solutions for security measures for the network and cloud deployments boost the region’s market share.
Global Botnet Detection Market – Competitive Analysis
The market appears highly competitive, with a number of small and large players forming a competitive landscape. To gain a larger market advantage, these players incorporate strategies such as mergers & acquisitions, collaboration, expansion, and technology launch. They make substantial R&D investments in developing a technology with unrivaled design and features compared to their competition.
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Players leading the botnet detection market include PerimeterX, Inc. (US), Akamai Technologies (US), Imperva (US), Distil Inc. (US), Intechnica Ltd (UK), Shield Square (India), White Ops, Inc (US), Instart Logic Inc.(US), Kasada Pty Ltd (Australia), Shape Security (US), Unbotify (Israel), InfiSecure Technologies Inc. (India), Variti International GmbH (Switzerland), AppsFlyer (US), Datadome (France), and Mfilterit (India), among others.
Apr 21, 2021 --- HUMAN, a cybersecurity company that protects enterprises from bot attacks to keep digital experiences safe, together with Google and Roku, announced the discovery of a new, highly sophisticated botnet – PARETO. The new CTV botnet disruptions are focused on defrauding the Connected TV (CTV) advertising ecosystem.
Omnicom Media Group, The Trade Desk, and Magnite, flagship members of The Human Collective, a newly launched initiative that brings together players throughout digital advertising to create a collectively protected ecosystem. Collaborating with HUMAN, Google, and Roku would support in leading the disruption efforts.
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