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Application Security Market

Application Security Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

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The application security market size is expected to grow at a CAGR 25.74% rate during the forecast period. Factors such as increasing need to protect enterprise applications and data from emerging application layer attacks are expected to drive the market. Many enterprises across the globe still use web and mobile applications that contain vulnerabilities, which if exploited, might result in huge losses for the organizations. Enterprises are expected to increase their security spending in the upcoming years to ensure robust security for their IT infrastructure.

Web application security is expected to hold a larger market share than mobile application security due to its larger usage in enterprises for business-critical operations. Mobile application security is expected to grow at a faster rate than web application security market due to the growing numbers of smartphone users, increasing BYOD trend, and enterprise mobility needs.

Professional services that include consulting, training and education, and support services are expected to hold a larger market size than managed services, as professional services enable enterprises to remain robust against emerging cyber threats. Managed services are expected to grow at a CAGR higher than professional services due to to increasing demands for Software-as-a-Service (SaaS) applications among Small and Medium Enterprises (SMEs).

The North American region, followed by Europe, is expected to become the largest revenue generating region for application security vendors in 2017. This is mainly because in the developed economies of the US and Canada, there is a high focus on innovations obtained from Research and Development (R&D) technologies. The APAC region is expected to be the fastest growing region in the market. The growth in this region is primarily driven by increasing digitalization and growing smartphone users.

Key market players include Veracode (Massachusetts, US), Hewlett Packard Enterprises (California, US), Synopsys (California, US), IBM Corporation (New York, US), WhiteHat Security (California, US), Qualys (California, US), Checkmarx (Tel Aviv, Israel), Acunetix (St Julians, Malta), Rapid7 (Massachusetts, US), Trustwave (Singtel Illinois, US), High-Tech Bridge (Geneva, Switzerland), Contrast Security (California, US), SiteLock (Arizona, US), Pradeo (Paris, France), and Fasoo (New Jersey, US).

1. Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Application Security Market, By Industry Vertical

IT and Telecom

Government and Defense

Healthcare

Banking, Financial Services, and Insurance (BFSI)

Education

Retail

Others              

6. Application Security Market, By Deployment Mode

On-Premises

Cloud

7. Application Security Market, By Component 

Services

Solutions

8. Application Security Market, By Testing Type

Dynamic Application Security Testing (DAST)

Static Application Security Testing (SAST)

Interactive Application Security Testing (IAST)

9. Application Security Market, By Region

North America

        US

        Canada

Europe

        UK

        Germany

        Spain

        France

        Turkey

        Rest of Europe

Asia Pacific

        China 

        Japan

        South Korea

        India 

        Australia

        Rest of APAC

Middle East

        UAE

        Saudi Arabia

        Rest of Middle East

Rest of the World

        Latin America

        Africa

10. Company Profiles

IBM

Synopsys

Fasoo

Checkmarx

HPE

Pradeo

Contrast Security

Trustwave

High-Tech Bridge

Sitelock

11. Appendix

About

Abbreviations

 

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