Global Application Security Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts
DUBLIN, May 13, 2022 /PRNewswire/ -- The "Application Security Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global application security market reached a value of US$ 6.48 billion in 2021. Looking forward, the market is projected to reach a value of US$ 17.67 billion by 2027, exhibiting a CAGR of 17.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
Application security refers to a technique of developing, adding, and analyzing the features present in various apps for preventing security vulnerabilities. It involves authentication, authorization, encryption, and logging as protection layers that aid in eliminating unauthorized third-party access, modifications, and the risk of unusual activities. This, in turn, assists enterprises in ensuring optimal security of the client data, optimizing workflow, and maintaining the application lifecycle. Currently, it is commercially available in varying testing types, such as runtime application self-protection (RASP), interactive application security testing (IAST) and dynamic application security testing (DAST).
Application Security Market Trends
The widespread adoption of flexible, durable, and cost-effective security solutions across various industrial verticals, such as information technology (IT), telecom, e-commerce, banking, financing, serving and insurance (BFSI) and public sectors due to increasing instances of several online fraudulent activities represents the key factor driving the application security market growth.
This is further supported by numerous favorable initiatives undertaken by the governments of various countries for strengthening cybersecurity through the incorporation of security identifiers (IDs) for identifying users. In line with this, the sudden deployment of work from home (WFH) and bring your own device (BYOD) corporate model on account of the outbreak of coronavirus disease (COVID-19) pandemic and the consequent implementation of mandatory lockdowns has increased the risks of data vulnerability, which, in turn, is acting as another growth-inducing factor.
Moreover, the rising requirement for determining each phase of the software development lifecycle (SDLC) for protecting software and critical data is contributing to the market growth. Apart from this, the extensive utilization of personal, smart devices, including smartphones, laptops, tablets, and smart wearables, for accessing various applications and organization information is creating a positive outlook for the market.
Competitive Ladscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Capgemini SE, Checkmarx Ltd., Cisco Systems Inc., Contrast Security Inc., International Business Machines Corporation, Micro Focus International plc, Ntt Security Appsec Solutions Inc. (NTT Ltd.), Oracle Corporation, Qualys Inc., Rapid7, Synopsys Inc. and Veracode.
Key Questions Answered in This Report
- How has the global application security market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global application security market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the testing type?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global application security market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Application Security Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
6 Market Breakup by Component 6.1 Solution 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Services 6.2.1 Market Trends 6.2.2 Market Forecast
7 Market Breakup by Type 7.1 Web Application Security 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Mobile Application Security 7.2.1 Market Trends 7.2.2 Market Forecast
8 Market Breakup by Testing Type 8.1 Static Application Security Testing (SAST) 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Dynamic Application Security Testing (DAST) 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Interactive Application Security Testing (IAST) 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Runtime Application Self-Protection (RASP) 8.4.1 Market Trends 8.4.2 Market Forecast
9 Market Breakup by Deployment Mode 9.1 On-premises 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Cloud-based 9.2.1 Market Trends 9.2.2 Market Forecast
10 Market Breakup by Organization Size 10.1 Large Enterprises 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Small and Medium-sized Enterprises 10.2.1 Market Trends 10.2.2 Market Forecast
11 Market Breakup by Industry Vertical 11.1 BFSI 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 Healthcare 11.2.1 Market Trends 11.2.2 Market Forecast 11.3 IT and Telecom 11.3.1 Market Trends 11.3.2 Market Forecast 11.4 Manufacturing 11.4.1 Market Trends 11.4.2 Market Forecast 11.5 Government and Public Sector 11.5.1 Market Trends 11.5.2 Market Forecast 11.6 Retail and E-Commerce 11.6.1 Market Trends 11.6.2 Market Forecast 11.7 Others 11.7.1 Market Trends 11.7.2 Market Forecast
12 Market Breakup by Region
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape 17.1 Market Structure 17.2 Key Players 17.3 Profiles of Key Players 17.3.1 Capgemini SE 17.3.1.1 Company Overview 17.3.1.2 Product Portfolio 17.3.1.3 Financials 17.3.1.4 SWOT Analysis 17.3.2 Checkmarx Ltd. 17.3.2.1 Company Overview 17.3.2.2 Product Portfolio 17.3.3 Cisco Systems Inc. 17.3.3.1 Company Overview 17.3.3.2 Product Portfolio 17.3.3.3 Financials 17.3.3.4 SWOT Analysis 17.3.4 Contrast Security Inc. 17.3.4.1 Company Overview 17.3.4.2 Product Portfolio 17.3.5 International Business Machines Corporation 17.3.5.1 Company Overview 17.3.5.2 Product Portfolio 17.3.5.3 Financials 17.3.5.4 SWOT Analysis 17.3.6 Micro Focus International plc 17.3.6.1 Company Overview 17.3.6.2 Product Portfolio 17.3.6.3 Financials 17.3.7 Ntt Security Appsec Solutions Inc. (NTT Ltd.) 17.3.7.1 Company Overview 17.3.7.2 Product Portfolio 17.3.8 Oracle Corporation 17.3.8.1 Company Overview 17.3.8.2 Product Portfolio 17.3.8.3 Financials 17.3.8.4 SWOT Analysis 17.3.9 Qualys Inc. 17.3.9.1 Company Overview 17.3.9.2 Product Portfolio 17.3.9.3 Financials 17.3.10 Rapid7 17.3.10.1 Company Overview 17.3.10.2 Product Portfolio 17.3.10.3 Financials 17.3.11 Synopsys Inc. 17.3.11.1 Company Overview 17.3.11.2 Product Portfolio 17.3.11.3 Financials 17.3.11.4 SWOT Analysis 17.3.12 Veracode 17.3.12.1 Company Overview 17.3.12.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/lqhc56
Media Contact:
Research and Markets Laura Wood, Senior Manager [email protected]
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/global-application-security-market-2022-to-2027---industry-trends-share-size-growth-opportunity-and-forecasts-301546931.html
SOURCE Research and Markets
[ Back To TMCnet.com's Homepage ]
|