Title: marketreportsupdates (23)
1Application Security Market To Reach USD 22.12
Billion By 2026
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2Market Size USD 3.51 Billion in 2018, Market
Growth - CAGR of 25.8, Market Trends Extensive
adoption of smartphones.
Market Summary
The global application security market is
forecast to reach USD 22.12 Billion by 2026,
according to a new report by Reports and Data.
Application security has become an absolute
necessity. With the increasing number of
organizations embracing the idea of developing
their applications, the risks and vulnerabilities
associated with the security of data have also
risen. The safety and security of sensitive
information is the primary concern for many
businesses. This is one of the fundamental
reasons why users are hesitant to share personal
information online.
- Further key findings from the report suggest
- Among the testing techniques, the static
application security testing (SAST) accounted for
the largest market share of 32 in the year
2018. SAST is the simplest form of security
testing for application development. SAST tools
can detect high-risk software vulnerabilities
that would affect the system throughout the
software life. It can also detect buffer
overflows or cross-site problems like cross-site
scripting and cross-site request forgery. - The interactive application security testing
(IAST) is forecasted to witness a higher growth
rate of 27.5 during the forecast period.
Interactive Application Security Testing (IAST)
works using instrumentation technology.
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3 Market Summary
Key Players
Key participants include Hewlett Packard
Enterprises, Veracode, IBM Corporation, Synopsys,
Qualys, WhiteHat Security, Acunetix, Checkmarx,
Trustwave, Rapid7, Contrast Security, High-Tech
Bridge, Pradeo, SiteLock, and Fasoo, among others.
Segmentation
Testing Technique Outlook (Revenue, USD Billion
2016-2026) Static Application Security Testing
(SAST) Dynamic Application Security Testing
(DAST) Interactive Application Security Testing
(IAST) Run-Time Application Self Protection
(RASP) Component Outlook (Revenue, USD Billion
2016-2026) Solution Services
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4 Market Summary
- Regional Outlook for Assessment Services Market
analyses the following geographies - North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and
Southeast Asia) - South America (Brazil, Argentina, Colombia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt,
Nigeria, and South Africa)
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5 The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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6About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
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