The Global Penetration Testing Market is estimated to exhibit a CAGR of 20.00% during the forecast period of 2021-2028. Rise in the implementation of security measures is an essential factor driving the penetration testing market. However, rising security breaches due to internal vulnerabilities is the vital factor among others restraining the market growth, while increased costs of penetration testing and lack of skilled security analysts will further challenge the for penetration testing market.
Global Penetration Testing Market Scenario
According to Data Bridge Market Research, the penetration testing market will exhibit a significant rise in its market value. Significant rise in mobile-based business-critical applications is a crucial factor accelerating the market growth, also increasing penetration of IoT based devices, rising demand for network analysis, rising large volume of data generation, increasing shift in the focus of enterprises to use cloud computing, increasing adoption of IoT based equipment in industrial application are constantly increasing the data consumption in industries and hence, the industries are taking adequate measures to save their data from vulnerable cyber-attack, which in turn increases the demand for the product, increasing number of data centers and rising use of cloud computing platform are the major factors among others boosting the penetration testing market.
Currently, North America dominates the global penetration testing market in terms of market share and market revenue owing to increase in the investment of the software testing, rising demand for network analysis, rising large volume of data generation and increasing shift in the focus of enterprises to use cloud computing in this region.
Now the question is, which are the other regions that the global penetration testing market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific owing to significant rise in mobile-based business-critical applications and increasing penetration of IoT based devices in this region.
For more analysis on the global penetration testing market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-penetration-testing-market
Scope of the Penetration Testing Market
The global penetration testing market is segmented on the basis of countries into U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- The global penetration testing market is further segmented on the basis of component solutions and services. Based on vertical, the penetration testing market is segmented into retail, healthcare, government and defense, IT and telecom, banking, financial services, insurance (BFSI), and others. Based on testing service, the penetration testing market is segmented into mobile application penetration testing, network penetration testing, wireless penetration testing, web application penetration testing, social engineering and others. Based on organization size, the penetration testing market is segmented into large companies, small and medium businesses. The penetration testing market is also segmented on the basis of deployment model into cloud-based and on-premise.
- Penetration testing is defined as the type of process of testing, measuring, and increasing already fixed security solutions on devices such as mobile phones among other information systems. The penetration is frequently achieved through a third party, and the penetration is done at the demand of the client, that is oftentimes the owner of the information system or device.
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Key Pointers Covered in the Penetration Testing Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
Key Market Competitors Covered in the Penetration Testing Market report
- Qualys, Inc
- Rapid7
- FireEye, Inc
- IBM
- Micro Focus or one of its affiliates
- Synopsys, Inc
- SecureWorks, Inc.
- Trustwave Holdings, Inc.
- Acunetix
- Netsparker
- VERACODE
- Rhino Security Labs, Inc
- HelpSystems
- ImmuniWeb SA
- Checkmarx Ltd
- PortSwigger Ltd.
- Context Information Security
- ISECURION
- BreachLock Inc
- Raxis LLC
Above are the key players covered in the report, to know about more and exhaustive list of penetration testing market companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-penetration-testing-market
Research Methodology: Global Penetration Testing Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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