- The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Bot Management Vendors
10th January, 2023: Quadrant Knowledge Solutions announced today that it has published SPARK Matrix analysis of the global Bot Management Market.
The Quadrant Knowledge Solutions SPARK Matrix™: Bot Management includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Bot Management vendors in the form of its SPARK MatrixTM. The study provides strategic information for users to evaluate different vendor capabilities, competitive differentiatiors and market position.
According to Hardik Jain, Analyst at Quadrant Knowledge Solutions, “A Bot Management solution is a security tool that automatically detects, blocks, redirects, and mitigates malicious internet bot traffic and allows good bots controlled and secured access to the organization’s website, mobile apps, and APIs in real-time properties”. Hardik adds, “ The solution utilizes bot intelligence and machine learning to protect organizations from cyberattacks such as credential stuffing, gift and credit card fraud, account takeover, spam content, data scraping/web scraping, email address harvesting, ad fraud, and click fraud that leverages bad bots. Driven by the increasing digital sophistication and surge in the digital workforce, Bot Management vendors are offering comprehensive features such as data security, privacy, and compliance features, real-time bot activity detection, user identification via bot signatures, device fingerprinting, reporting and analytics, threat Intelligence, honeypot (bot trap) and many others. Vendors are focusing on advancing their modern data platform by leveraging new ML models, investing in building on its on-core bot detection engine, supporting newer mitigation challenges, enhancing visibility & reporting, searchable forensics, real-time privacy, compliance & reputation scoring & decisioning, malvertising and many others.”
Due to the increased traffic of bad bots, organizations are facing issues like account takeover (ATO), data breaches, credential spills, denial of service, fraud, and such others. Organizations have started using bot management solutions to mitigate bad bot attacks and provide access to good bots and genuine users in websites, mobile applications, and APIs. The bot management solution providers are offering advanced functional capabilities to detect and mitigate automated attacks, but the breadth and depth of the capabilities are different due to the nature of the ever-evolving sophistication of bad bots and their ability to mimic human behavior.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes an analysis of vendors, including Akamai Technologies, Arkose Labs, Apps Flyer, Cloudflare, Cequence Security, Data Dome, F5 Networks, HUMAN, hCaptcha, Imperva, Kasada, Netacea Radware, and Reblaze.
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, visit: https://quadrant-solutions.com/market-research/
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