Global Application Security Market, By Solution (Web apps, Mobile apps), Service (Professional, Managed), Testing (Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing), Deployment (On-cloud, On-Premise), Organization (Large Enterprises, Small and Medium Enterprises), End-user (Government and Defense, Banking, Financial Services and Insurance, IT and Telecom, Healthcare, Retail, Education, Other Verticals), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Application Security Market
The application security market is expected to witness market growth at a rate of 26.35% in the forecast period of 2021 to 2028. Data Bridge Market Research report on application security market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Application security solutions are the support provided by security vendors in conjunction to the application security services. These solutions are concentrated on aiding the organizations accomplish their business goals together with their item offerings.
Several benefits that comprise of comprehensive vulnerability coverage, false-positive reduction, entire code coverage that includes the frameworks and libraries, and zero process disruption are one of the major factors that are expected to boost the growth of the application security market. Factors such as hyper-connected business environment is boosting the rapid growth of digital solutions, devices, and related services which in result are the points anticipated to positively influence the growth of the application security market. The rising of cyber-attacks, and the suitable government administrations related to the application security ID are one of the major factors contributed to propel the growth of the application security market. Due to the unused applications create long-term security accidents because it is easy to crack unused applications and get into the IT infrastructure careless of whether the application was a business-critical or seldom-used web application can be posed as one of the biggest challenge in the growth of the application security market. Applications that do not spread beyond the business-critical activities, for example payment-related activities or ordering products and services, leaves a thousands of applications susceptible which is one of the factor that can act as a restrain in the growth of the application security market. Also, absence of knowledge amongst people about cybersecurity and unawareness of application safety by several industries are hampering the growth of the application security market.
This application security market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on application security market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Application Security Market Scope and Market Size
The application security market is segmented on the basis of solution, service, testing, deployment, organization and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on solution, the application security market is segmented into web apps, mobile apps.
- Based on service, the application security market is segmented into professional, managed.
- Based on testing, the application security market is segmented into static application security testing, dynamic application security testing, interactive application security testing.
- Based on deployment, the application security market is segmented into on-cloud, on-premises.
- Based by organization, the application security market is segmented into large enterprises, small and medium enterprises.
- Based on end-user, the application security market is segmented into government and defense, banking, financial services and insurance, it and telecom, healthcare, retail, education, other verticals
Application Security Market Country Level Analysis
The application security market is analysed and market size, volume information is provided by country, solution, service, testing, deployment, organization and end-user as referenced above.
The countries covered in the application security market report are the 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).
North America dominates the application security market because of the high accessibility of satisfactory infrastructure, the importance of multiple global financial institutions, the growing acceptance of IoT devices and Internet consumers, the development of threat intelligence solutions are the factors anticipated to positively influence the growth of the application security market in the region. Asia Pacific is estimated to observe significant amount of growth in the application security market due to the low on finances for the cybersecurity organizations in this region make more use of open source functions for safety testing purposes, which has high potential infringement concerns, operational risks, and malpractices. The absence of cybercrime legislation in these countries, as well as the lack of awareness and knowledge of basic safety, that makes most online transactions highly prone to the digital thefts, one of the constraining reasons for malware attacks, such as ransomware.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Application Security Market Share Analysis
The application security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to application security market.
The major players covered in the application security market report are VERACODE, Hewlett Packard Enterprise Development LP, Synopsys, Inc, IBM, WhiteHat Security, Qualys, Inc, Checkmarx Ltd., Acunetix, Rapid7, Trustwave Holdings, Inc., High-Tech Bridge SA, Contrast Security., SiteLock, Pradeo, Fasoo, Inc, Oracle, Micro Focus, Positive Technologies and Pradeo are among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.