Credential Stuffing Protection Market Scope
The global Credential Stuffing Protection market is expected to witness high demand in the forecasted period due to the rising number of credential stolen cases across the globe. Credential stuffing is a type of cyberattack in which attackers break into a system by using a list of compromised user credentials. The assault relies on bots for automation and scale, and it assumes that many people reuse their usernames and passwords across various platforms. In 2016, 51 organizations claimed that their users' credentials had been stolen, resulting in the leakage of more than three billion credentials over the course of the year. Yahoo has by far the most credential spills, ranking 1 and second on the list of the largest credential spills reported not only in 2016 but in history.
According to AMA, the Global Credential Stuffing Protection market is expected to see growth rate of 7.9%
Expansions, investments, new service launches, and collaborations are among the companies' favored strategies for exploring the market. Players are expanding and acquiring businesses in new geographies around the world in order to get a competitive advantage through joint ventures. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Credential Stuffing Protection market throughout the predicted period.
Fortinet (United States), Cloudflare, Inc (United States), DataDome (New York), OneSpan (United States), Imperva (United States), Barracuda (United States) and Secret Double Octopus (Isreal) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Credential Stuffing Protection market by Type (Multi-Factor Authentication (MFA), Use a CAPTCHA, Device Fingerprinting, IP Blacklisting, Rate-Limit Non-Residential Traffic Sources, Block Headless Browsers, Disallow Email Addresses as User IDs and Bot Management [DDoS Protection, CDN, WAF, API Security, Account Takeover Protection, RASP]) and Region with country level break-up.
On the basis of geography, the market of Credential Stuffing Protection has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
On 7th Jan 2021, Account Takeover Protection and WAF mitigations to help stop Global Brute Force Campaigns.
Market Trend
- Increasing Cybercrime in Both Developed and Developing Countries
- Upsurging Demand from Small and Medium Organizations
Market Drivers
- The Growing Number of Threats across Various End-User Industry
- Increasing Internet Usage around the World
Opportunities
- Fuelling Demand due to Technological Advancements
- Introduction of New Solutions for the Credential Stuffing Protection
Restraints
- Stringent Government Regulations
Key Target Audience
Credential Stuffing Protection Providers, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others