According to a 2023 survey by Proxyway, residential proxies remain the most popular product among proxy providers, with Bright Data and SOAX being two prominent players in this field. Bright Data, a pioneer in residential proxies, offers an extensive and diverse IP pool, advanced proxy management, and enterprise-level features, making it preferable for large-scale data extraction tasks. It provides unmatched scalability, customization, and ethical compliance, albeit at a higher cost. SOAX, a newer entrant, offers a more economical and user-friendly approach with a focus on ethical data collection and partnerships with organizations like The World Ethical Data Forum, making it suitable for small businesses and smaller-scale projects. While Bright Data is favored for its comprehensive services and strong user feedback, as reflected in its top ranking on platforms like G2 and Trustpilot, SOAX maintains a commendable position in the industry.