LIMINAL OUTSIDE-IN REPORT
Report Overview
Bot detection involves scrutinizing websites, mobile apps, or API traffic to identify non-human visitors. The technology safeguards against diverse threat vectors, including account takeover, transaction abuse, and denial of service. As malicious bot activities escalate, bot detection strategies become essential for any digital company. The bot detection market is rapidly growing, estimated at $667 million in 2023 and projected to reach $3.6 billion by 2033, with an 18.3% CAGR.
Approximately two-thirds of all bots in 2022 were highly sophisticated and elusive, marking the highest-ever reported number.
In the next 12-18 months, the online landscape will see a notable increase in both beneficial and harmful bots, driving the need for detection solutions. Positive bots, such as AI agents and search engine crawlers, will offer valuable insights and capabilities. Conversely, advanced malicious bots can cause significant disruptions and facilitate extensive fraud. Leading solution providers are expanding beyond basic firewalls, integrating sophisticated features like behavioral analysis and device risk signals to better identify and thwart harmful bots.
What’s Inside:
- The rise of bot detection as a critical defense mechanism.
- Key drivers of market growth and adoption trends.
- Challenges and regulatory considerations impacting the industry.
- Insights on the integration of AI and machine learning in bot detection.
- Notable players and use cases in the bot detection market
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