Market Research Future as analyzed the global botnet detection market and had found that the market is set to grow at a staggering CAGR of 41 % during the forecast period from 2018 to 2023. The market is set to cross USD 1 Bn by the end of the forecasted period. Botnet detection has grown significantly as the demand for network security has grown. A botnet is a network of bots which act maliciously and are a threat to the security of IT infrastructure across organizations of every size. Bots are used to spread computer viruses and other malware. Botnet detection has become especially important due to the widespread adoptions of cloud and growth of IoT technology. Most every enterprise, both private and public are reliant on internet and computer networks and the internet which make them susceptible to security threats, thus driving the demand for botnet detection services.
Botnet detection can be adopted by enterprises of every size including large as well as small & medium enterprises. They are used in a number of industry verticals. Botnet detection has become especially important due to the high amounts of data being generated. For instance, the BFSI vertical has vast amounts of sensitive consumer data which must be kept confidential and secure. The retail and e-commerce verticals are another sector which is susceptible to attacks due to the high number of financial transactions and customer data which is stored. Lack of appropriate security measures for botnet detection can affect consumer satisfaction and impact the business. As a result, thus driving the demand for botnet detection techniques.
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The market is challenged by the lack of awareness regarding botnet detection and many enterprises use traditional techniques while being completely unaware regarding new advanced botnet techniques that have entered the market to help protect advancing technology.
The key regions which have been included in MRFR’s report include Europe, Asia Pacific, North America, and the Rest of the World. Among these, the North American market has established itself as the market leader and is at the forefront of market growth due to the presence of several leading market players in the region. Increasing adoption of cloud technology in the region is also expected to have a significant impact on the growth of the global and regional market. Developed economies such as the US and Canada in the region are investing heavily in the R&D of new and advanced botnet detection techniques which are expected to propel market growth.
MRFR’s segmentation of Botnet Detection Market Size has been performed on the basis of deployment, organization size, applications, detection techniques, verticals, and region. Deployment of botnet detection can be done on-cloud or on-premise. On-cloud is a significant segment due to rapid adoption and related security concerns.
Organization sizes where botnet detection can be done include large enterprises, and small & medium enterprises (SMEs).
Applications of botnet detection have been segmented into mobile-based, API based, and web-based.
Detection techniques used in botnet detection include flow data monitoring, anomaly detection, honeypots, and DNS log analysis.
Verticals, where botnet detection is applied, include BFSI, IT & telecom, retail, government & defense, media & entertainment, healthcare, transportation, and others.
Various market players have been included in MRFR’s competitive analysis of the global botnet detection market. Leading market participants that have been included in the report are Shield Square, PerimeterX, Inc., Unbotify, Kasada Pty Ltd, Datadome, InfiSecure Technologies Inc., Instart Logic Inc., Mfilterit, Intechnica Ltd, AppsFlyer, White Ops, Inc, Shape Security, Distil Inc., Variti International GmbH, Imperva, and Akamai Technologies.
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