Organizations are increasingly embracing cloud-based infrastructure to expand their customer base and deliver a comprehensive customer experience. As digital transformation and cloud infrastructure continue to grow, automated attacks have evolved, with malicious actors employing bad bots to breach security and gain access to organizational IT systems. According to research conducted by Quadrant Knowledge Solutions, bot attacks have surged by 40% compared to 2020. Furthermore, 39% of internet traffic is attributed to bad bots, while the remaining 61% is split between good bots (25%) and genuine user activity (36%).

Organizations are grappling with the challenge of distinguishing between bad bots, good bots, and genuine users and mitigating the threat posed by bad bots, as cyber attackers increasingly utilize advanced technologies like machine learning. With the rise in bad bot traffic, organizations face issues such as account takeover (ATO), data breaches, credential leaks, denial of service attacks, fraud, and more. To combat bad bot attacks and grant access to good bots and genuine users on websites, mobile apps, and APIs, organizations have begun to implement bot management solutions.

Quadrant Knowledge Solutions defines Bot Management as a solution that enables an organization's IT system to block malicious internet bot traffic while allowing good bots to access web properties. Bot management solutions function by identifying bot activities, distinguishing between desirable and undesirable bot behaviors, and automatically detecting and preventing undesirable bots from accessing the client's website to launch harmful bot attacks.

These solutions aid organizations in safeguarding against advanced cyberattacks carried out by bad bots, including credential stuffing, account takeover, corporate and personal data theft, application fraud, ad fraud, API abuse, card fraud, and more, by harnessing bot intelligence and machine learning. Additionally, they provide a seamless experience to genuine users and good bots accessing websites, mobile apps, and APIs by offering real-time analysis of incoming traffic and protection against automated attacks.

One of the prominent trends in bot management solutions is the integration of a customer-centric approach with organizational capabilities to align company offerings with customer needs. Another trend involves the incorporation of enterprise architecture models with real-time operational data to enhance decision-making. The third trend revolves around the utilization of machine learning and AI to drive the next generation of data management and analytics solutions. These trends aim to enhance the overall effectiveness and efficiency of bot management solutions by leveraging technology, data, and customer insights.

This study seeks to answer key questions:

Is the bot management market experiencing growth, both in the short-term and long-term?

·       What are the primary factors accelerating and restraining the bot management market?

·       Which industries are the major end-users of bot management solutions, and which industries offer the most growth opportunities during the forecast period?

·       Which global regions provide the highest growth potential in the bot management market?

·       Which customer segments exhibit the greatest adoption of bot management solutions?

·       What are the various deployment options available for bot management solutions?

Vendors covered in this study include:

Akamai Technologies, AppsFlyer, Arkose Labs, Cloudflare, Cequence Security, DataDome, F5 Networks, HUMAN, hCaptcha, Imperva, Kasada, Netacea, Radware, and Reblaze.

Download the sample report of Bot Management Solutions.

Table of Contents:

Chapter 01: Research Summary

·       2023 Competition Outlook

·       Top Research Findings and Key Takeaways

Chapter 02: Market Overview

·       Market Definition and Scope

·       Revenue Type

·       Geographical Regions

·       Industry Verticals

Chapter 03: Market Share Analysis

Market Share by Total Market

Market Share by Deployment Type (Cloud and On-Premises)

Market Share by Geographical Regions (Canada, Central & Eastern Europe, Japan, Latin America, Middle East & Africa, USA, Western Europe, Asia Ex-Japan China, China)

Market Share by Industry Verticals (Banking and Financial Services, Electronics & Telecom, Retail and eCommerce, Professional Services, Healthcare and Life Sciences, Manufacturing, Media & Entertainment, Government and Public Sectors, Education, Energy & Utility, Others)

Market Share by Customer Types (SMB, Large, Enterprise)

Chapter 04: Analyst Recommendations

Analyst Recommendations

Chapter 05: Appendix

Research Methodologies

About Us: Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business, and Growth Advisory Services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner.

Phone: (+1) 978-605-1066

Contact: ajinkya@quadrant-solutions.com