Industry Background:
Bot management solutions allow companies to separate the good bots from the bad bots. Nasty bots that expose data, exploit vulnerabilities, shut down entire websites, and steal intellectual property. Bot management solution is a crucial part of modern website security to identify the traffic request comes from a human or from the machine and blocks the suspicious requests. Moreover, it offers benefits including, protection against fraud attempts, account takeover, vulnerability scanning, web scrapping, and many more attacks. Increasing the fraud attempts and traffic on the website has boosted the demand for bot management solution across the world.This growth is primarily driven by Rapid Growth of Internet-Based Product Companies, The Increasing In Malicious Bot Traffic In The Organization Has Boosted The Use Demand Of Bot Management Solution In The Market., Increasing Demand for Standalone Bot Management Solutions from the Organization for Responses to Threats and Growing Number of Attacks Involving Credential Theft and Abuse.
Globally, a noticeable market trend is evident The Use of Cloud-Based Bot Management Solutions on Subscription Can Help Companies Without Making Large Upfront Investment Is In Demand. Major Players, such as Oracle (United States), Webroot (United States), DataDome (France), Radware (Israel), Imperva (United States), Akamai Technologies (United States), White Ops (United States), Alibaba Cloud (China), Fox-IT (united States) and Akamai (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2019, Israel Based Cybersecurity Company Radaware Acquired Shieldsquare Bot Management Startup Company. These Acquisition Will Help Company to Expand Its Business by Offering the Bot Management Solutions. This Acquisition Will Help To Improve The Growth Of The Company.
Market Drivers
- Rapid Growth of Internet-Based Product Companies
- The Increasing In Malicious Bot Traffic In The Organization Has Boosted The Use Demand Of Bot Management Solution In The Market.
- Increasing Demand for Standalone Bot Management Solutions from the Organization for Responses to Threats
- Growing Number of Attacks Involving Credential Theft and Abuse
Market Trend
- The Use of Cloud-Based Bot Management Solutions on Subscription Can Help Companies Without Making Large Upfront Investment Is In Demand
Restraints
- Dependency on Deployment Platforms for Bots
Opportunities
The Technological Advancement in the Bot Management Solutions Such As Machine Learning, With Automating, And Demand For Standalone Platform Has Raised the Opportunities to the Providers of Bot Management Solutions and High Growth and Use of Social Media Platforms by Organizations
Challenges
The Lack of Visibility, Ability, and Reluctance to Use Bot Management Solution
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Bot Management Solution Study Sheds Light on
The Bot Management Solution Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Bot Management Solution industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Bot Management Solution industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.