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Security Testing Market Size, Share & Trends Analysis 2019

Security Testing Market Size, Share & Trends Analysis

Description

Global Security Testing Industry Overview

Global Security Testing Market was valued at USD 3.39 Billion in the year 2017. Global Security Testing Industry is further estimated to grow at a CAGR of 16.5% from 2019 to reach USD 7.15 Billion by the year 2025. In the Global Security Testing Industry, the Asia Pacific region accounted for the highest Industry share in 2018 and is also considered as the fastest growing industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years and China is expected to lead the demand for Security Testings in the Asia Pacific region.

Major market players in Security Testing Industry are Cisco Systems, Inc., Hewlett Packard Enterprise Company, International Business Machine Corporation, Qualys, Inc., Intertek Group PLC, Whitehat Security, Inc., Veracode, Inc., Checkmarx Ltd., UL LLC, Applause, Inc. and brief overview of 11 companies is also provided in the report.

 

Market Dynamics of Security Testing industry:

Market Drivers:

  • Growing need to protect valuable assets including web & mobile apps and customer data
  • Stringent government data protection regulations
  • Growing adoption of cloud services
  • Increasing deployment of third party applications

Market Restraints:

  • High developmental costs involved

Security Testing Market Segmentation:

The global Security Testing Industry is segmented on the basis of Type, Tool, Deployment, Organization size. On basis of Type, the market can be subdivided into Network, Application, and Device, the Tool types segment is subdivided into Penetration Testing, Web Testing, Automated Testing, and Code Review, The Deployment segment includes Cloud and On-Premises and the Organization size consist of Small and Medium Enterprises, Large Organization.

Market Segmentation

  • Network, Application, and Device
  • Penetration Testing, Web Testing, Automated Testing, and Code Review
  • Cloud and On-Premises

Kindly note that the market estimates and forecast for the above-mentioned segments shall be provided for all the regions and countries mentioned in the ToC.

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  • Report Information
  • Industry Report
  • Historic Data: 2015-2018
  • Base Year For Estimation: 2019
  • Forecast Period: 2020-2030
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