The botnet detection market was valued at USD 181.5 million and is expected to reach USD 1474.3 million by 2023, with a CAGR of 42.8%, during the 2018 - 2023. The report profiles the providers of botnet detection.
A botnet is a gathering of connected devices which may include mobiles, PCs, server, and devices in the Internet of Things (IoT) by a common or single type of malware, wherein often the users are unaware of the affected computer. The number of botnet attacks is rapidly increasing, due to which, the demand for botnet prevention is expected to increase. For instance, in July 2018, a group of hackers claimed to have compromised about 18,000 Huawei routers, which was further confirmed by security firms, Qihoo, 360 Netlab, and Rapid7. As a result, this is expected to boost the utilization of robust solution by Huawei and other companies, thereby augmented the growth of the market studied over the next six years. Furthermore, companies are setting up facilities, especially, to reduce the impact of various botnet attacks, such as DDoS. For instance, in July 2018, Alibaba announced to set up a center associated with DDoS attack mitigation in Malaysia by August 2018. This is expected to boost the usage of botnet prevention tools, thereby having a positive impact on market growth. Notably, botnet attacks are affecting diverse industries, including gaming. For example, in July 2018, For Honor, a game developed by Ubisoft was affected by largely affected by the DDoS attack, which disrupted the latency and for some users, it restricted from connecting to the game. Post the aforementioned activity, the company has announced to closely monitor and deploy robust prevention system. Such measures are expected to fuel the market growth over the forecast period.
Increasing Number of Connected Devices
As internet penetration and the number of internet-enabled devices is increasing, the probability of botnet attacks are rapidly ascending. Furthermore, increasing investments are leading to the rapid deployment of a smart home, which uses connected devices. This is likely to boost the usage of botnet detection, thereby fostering the market growth over the next six years. Notably, the internet penetration across the emerging economies is rapidly increasing. For instance, according to the Internet and Mobile Association of India, internet users were expected to reach up to about 500 million by June 2018. As a result, it is expected to expose the users to various botnet attack; thus increasing the need for detection solution thereby boosting the market growth.
Media and Entertainment Industry is expected to Register the Highest Growth
The online media and entertainment industry is expanding at a high pace, due to the increasing acceptability, and is primarily driven by digital media. For instance, Netflix, an online media streaming platform, witnessed a significant growth, of approximately 26% in Q1 2018, when compared to Q1 2017. Furthermore, the company is partnering with diverse TV makers to offer its application to smart TVs, which is expected to further increase the number of users. As a result, the incident for botnet attacks is projected to increase, which is likely to foster market growth over the next six years.
Asia-Pacific is expected to Witness the Highest Growth
In Asia-Pacific, nations majorly targeted by cybercriminals are China, Korea, Japan, India, and Taiwan, due to the presence of many internet users. According to Kaspersky Lab, in late 2017, DDoS attackers attacked the Chinese telecom industry with a 277-hour attack. This was one of the largest attacks, globally, owing to which, companies have redefined their botnet detection and prevention tactics. This is expected to a tremendous positive impact on the market growth in the region, over the forecast period.
Key Developments in the Market
- Aug 2018: Imperva Inc. acquired a leader in Runtime Application Self-Protection, Prevoty Inc., to strengthen its market position, particularly in cybersecurity solutions.
Major Players: Imperva Inc., PerimeterX, Inc., Akamai Technologies Inc., Distil Inc., Instart Logic Inc., Oracle Corporation, ShieldSquare (Kaalbi Technologies Pvt Ltd), Reblaze Technologies Ltd., Unbotify, White Ops, and Intechnica Ltd, among others.
Botnet Detection Market Report Summary
Botnet Detection Market
Market Size in 2017
USD 181.5 billion
Market Size in 2023
USD 1474.3 billion
This report on the Botnet Detection Market offers the latest trends, growth prospects, industry competitiveness, major players, value/supply chain, regional market share, and forecast until 2023.
Reasons to Purchase this Report
- Impact of growth of emerging technologies on the market
- Analysis of various perspectives of the market with the help of Porter’s Five Forces Analysis
- The segments that are expected to dominate the market
- Regional analysis of the market during the forecast period
- Latest developments, market shares, and strategies employed by the major market players and key innovators
- 3-month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Increasing Number of Connected Devices
4.2.2 Increasing Need For Security against Botnet in Organizations
4.3 Factors Challenging the Market
4.3.1 Lack of Education among Users and Low Usage of Tools
4.4 Industry Attractiveness – Porter's Five Industry Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
4.5 Technology Overview
6. Global Botnet Detection Market Segmentation
6.1 By Deployment Type
6.3 By Organization Size
6.3.2 Large Enterprise
6.4 By End-user Vertical
6.4.3 Travel and Hospitality
6.4.4 IT and Telecom
6.4.5 Media and Entertainment
6.4.6 Other End-user Verticals (Education, Healthcare, and Real Estate)
6.5 By Geography
6.5.1 North America
6.5.4 Latin America
6.5.5 Middle East & Africa
7. Competitive Intelligence – Company Profiles
7.1 Imperva Inc.
7.2 PerimeterX Inc.
7.3 Akamai Technologies Inc.
7.4 Distil Inc.
7.5 Instart Logic Inc.
7.6 Oracle Corporation
7.7 ShieldSquare (Kaalbi Technologies Pvt Ltd)
7.8 Reblaze Technologies Ltd
7.10 White Ops
7.11 Intechnica Ltd
7.12 Allot Communications Ltd
*List is Not Exhaustive
8. Investment Analysis
9. Opportunities in the Global Botnet Detection Market