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Research and Markets - Application Security Market to Reach $10.7 Billion by 2025 - Key Players are IBM, Hewlett Packard Enterprise, Qualys, Veracode & WhiteHat SecurityDUBLIN, June 21, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Application Security Market, 2014 - 2025" report to their offering. The global application security market is expected to reach USD 10.7 billion by 2025. Increasing targeted attacks on the applications is anticipated to be a major factor that is expected to drive market growth. In addition, BYOD adoption in the organizations that are deploying application security services and solutions to protect against potential threats has contributed to the market demand. Government agencies hold, access, and manage large amounts of sensitive data. The government and defense vertical, currently is susceptible to major cyber-attacks and security breaches. According to Veracode report, three out four application used by government agencies does not meet basic security compliances thereby by creating high opportunity for market vendors. The market for government and defense segment is expected to grow at a CAGR of 18.3% between 2016 to 2025. The market is also anticipated to witness a substantial growth in the BFSI vertical, IT and telecom and healthcare over the forecast period. Companies Mentioned
3. Market Snapshot For more information about this report visit https://www.researchandmarkets.com/research/jjxg6n/application Media Contact: Research and Markets |