Botnet Detection Market 2023 Projection, Growth Rate, and Emerging Trends Analysis to 2032 - Introspective Market Research

Market Overview:
Global Botnet Detection Market Was Valued At USD 599.04 Million In 2021 And Is Expected To Reach USD 4272.4 Million By The Year 2028, At A CAGR Of 32.4%.

A network of bots known as a "botnet" is used by one or more hackers to carry out harmful activities on computers and other electronic devices. Botnets may infect servers, cellphones, laptops, PCs, and other IoT devices with security flaws. Because it serves the hacker's best interests that the victim is unaware that his device has been infected, botnets are challenging to identify. Some top-notch anti-advertising fraud programs, like Anura, continuously monitor traffic to identify if visitors are real or fake, and when bots (and other sources of fraud) are present, whether they were delivered by them.

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Market Dynamics:
Driver:
To defend against very persistent bots, botnet detection solutions are being produced as the frequency of bot assaults on organizations rises. According to estimates, public and commercial organizations may employ botnet detection tools to precisely identify and categorize different kinds of bots, their activity, and their origins. Additionally, it aids in lowering bandwidth costs and server burden. Enhance the website user experience. For instance, a group of hackers allegedly infiltrated 18,000 Huawei routers in July 2018. Further development of these routers was carried out by security firms Qihoo, 360 Netlab, and Rapid7.

Opportunities:
IoT device use is increasing, and digitalization has led to the complicated web-based connection among individuals and large businesses. The majority of modern devices come with cloud-based storage and connectivity and demand an internet connection. Personal and sensitive information may be exposed through online-based tools and devices as well as any information linked over the internet, necessitating a comprehensive anti-cyberattack solution. Botnet detection software is being developed as a result of technological innovation, and both established and emerging enterprises are competing for customers. A promising potential to provide advanced defense against cyberattacks is botnet identification using machine learning.

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Market Segmentation
By Offering
• Standalone Solution
• Services

By Deployment
• Cloud-based
• On-premises

By Application
• Mobile Security
• App Security
• Database Security
• Others

By End Use Industry
• Retail and eCommerce
• BFSI
• Travel & Hospitality
• Media and Entertainment
• Others

Regional Analysis of Botnet Detection Market
North America currently dominates the global botnet detection market with a market share of over 40%. The United States and Canada focus on research and development (R & D) and innovation. As investment in botnet detection solutions to protect websites, APIs, and mobile apps from bot attacks increased and the region is expected to become the best-selling region in the global market. The threat of botnets is increasing and demand is increasing across governments. For example, the US Department of Defense (DoD) is seriously focusing on the rapid spread of malware that affects private networks and government operations and is looking for highly automated methods to combat attacks. This is due to the growing public awareness of privacy protection. This is expected to increase demand for botnet detection solutions across North America. In addition, the government's increasingly stringent data protection regulations are expected to significantly drive the market.

Asia Pacific is expected to be one of the fastest-growing markets for botnet detection solutions as massive growth in the IT sector and ecommerce platforms as huge customer base in Asian countries. India and China have large potential for the growth of ecommerce platforms as a major shift in the adoption of online platforms for the purchase of goods during a pandemic. A large number of online customers have experienced fraudulent activities and virus attacks on personal devices which have pushed the demand for botnet detection software. Also, the growing IT sector provides botnet detection solutions for various booming business verticals such as the massive media and entertainment sector, BFSI, and government entities. The Asia Pacific is expected to hold a major share in the botnet detection market during forecasted periods.
• North America
o US
o Canada
o Mexico

• Eastern Europe
o Bulgaria
o The Czech Republic
o Hungary
o Poland
o Romania
o Rest of Eastern Europe

• Western Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Russia
o Spain
o Rest of Western Europe

• Asia Pacific
o China
o India
o Japan
o South Korea
o Malaysia
o Thailand
o Vietnam
o The Philippines
o Australia
o New Zealand
o Rest of APAC

• Middle East & Africa
o Turkey
o Bahrain
o Kuwait
o Saudi Arabia
o Qatar
o UAE
o Israel
o South Africa

• South America
o Brazil
o Argentina
o Rest of SA

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Covid19 Impact on Botnet Detection Market
Covid19 pandemic created a major disruption in social and business activities around the globe creating confusion among the general consumer base. The majority of the businesses shifted their activities online. Also, the massive surge in ecommerce platforms for essential goods has spiked the number of the user. The majority of the consumer has shown an online presence. The bot landscape is changing fast as fraudsters look to capitalize on the confusion, fear, and uncertainty surrounding Covid-19 and its immediately accelerating e-commerce. Covid-19 quickly became the catalyst that e-commerce and digital transformation initiatives needed to prove they could scale. It also led to a massive increase in bot attacks. Therefore, many companies have invested in botnet detection software to immunize the online servers of the companies which are holding sensitive information such as financial statements, vital information, transaction details, and personal information of the client. Therefore, moderate growth and demand have been recorded during the covid19 pandemic. Also, periodically software patches for mobile devices against the protection from botnet attacks, DDOS attacks, and phishing attacks have increased and pushed the demand for effective botnet detection software during a pandemic.

Players Covered in Botnet Detection market are :
• Akamai Technologies
• Imperva
• Perimeterx
• Instart Logic
• Intechnica
• Zenedge (Oracle)
• White OPS
• Shieldsquare
• Kasada
• Reblaze
• Infisecure
• Unbotify
• Digital Hands
• Integral AD Science
• Shape Security
• Unfraud
• Pixalate
• Appsflyer
• Variti
• Mfilterit
• Criticalblue
• Datadome
• Stealth Security
• White Diagnostic and other major players.

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Key Developments of Botnet Detection Market
June 2020, Guardicore Labs, launched the Botnet Encyclopedia. Guardicore's Botnet Encyclopedia provides a continuously updated universal knowledge base of past and present botnet campaigns researched by the Labs team-many of which were previously unknown to the cybersecurity community-showcasing the greatest threats to corporate security at a single, open location.

Key Questions Answered in the Report:
(1) What are the growth opportunities for the new entrants in the Global Botnet Detection industry?
(2) Who are the leading players functioning in the Global Botnet Detection marketplace?
(3) What are the key strategies participants are likely to adopt to increase their share in the Global Botnet Detection industry?
(4) What is the competitive situation in the Global Botnet Detection market?
(5) What are the emerging trends that may influence the Global Botnet Detection market growth?
(6) Which product type segment will exhibit high CAGR in future?
(7) Which application segment will grab a handsome share in the Global Botnet Detection industry?
(8) Which region is lucrative for the manufacturers?

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