September 25, 2020

Application Security Industry Estimated to Grow with a Healthy CAGR During Forecast Period 2020-2025

Market Overview

Most applications are prone to security vulnerabilities, therefore developers are obliged to take measures to avoid service attacks, data breaches, data thefts and other cyber-attacks. Security flaws are constantly evolving but the motives more or less remain the same. Unlike in the past, application security is now a genuine phase in the development process. As a result, a tremendous market opportunity is created.

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Key Players

Veracode (U.S.), HPE (U.S.), Synopsys (U.S.), IBM (U.S.), WhiteHat Security (U.S.), Qualys (U.S.), Checkmarx (Israel), Acunetix (Malta), Rapid7 (U.S.), Trustwave (U.S.), High-Tech Bridge (Switzerland), Contrast Security (U.S.), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Application Security Industry .

Market Segmentation

The application Security Industry can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Component                       : Comprises Solution (Web application security, Mobile application security), Service (Professional services, Managed services) among others.

Segmentation by Testing Type                     : Comprises Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), Interactive Application Security Testing (IAST) and others.

Segmentation by Deployment                      : Comprises Cloud, On-Premise

The Vertical based segments of the Application Security Industry are Education, manufacturing, BFSI, Government and Defense, Retail, IT and Telecommunication, Healthcare, media and entertainment, and oil and gas, among others.

Regional Analysis

APAC application Security Industry is expected to surge at a substantial CAGR across 2016 to 2022 as the increase in the adoption of application security solutions across developing economies are expected to promote the expansion of the market in the review period. The continuous rise in telecom sector can impel the expansion of Asia Pacific application Security Industry in the analysis period.

LIST OF TABLES

TABLE 1 APPLICATION SECURITY INDUSTRY , BY COMPONENT

TABLE 2 APPLICATION SECURITY INDUSTRY , BY TESTING TYPE

TABLE 3 APPLICATION SECURITY INDUSTRY , BY DEPLOYMENT

TABLE 4 APPLICATION SECURITY INDUSTRY , BY ORGANIZATION SIZE

TABLE 5 APPLICATION SECURITY INDUSTRY , BY VERTICAL

Continued…….

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LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 APPLICATION SECURITY INDUSTRY : BY COMPONENT (%)

FIGURE 3 APPLICATION SECURITY INDUSTRY : BY TESTING TYPE (%)

FIGURE 4 APPLICATION SECURITY INDUSTRY : BY DEPLOYMENT (%)

FIGURE 5 APPLICATION SECURITY INDUSTRY : BY ORGANIZATION SIZE (%)

Continued…….

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