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Growth in Focus: Research-driven Perspectives on the Application Security Industry

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Pushpendra Shukla
Growth in Focus: Research-driven Perspectives on the Application Security Industry

Application Security Market Overview

The Application Security Market research survey offers an inclusive evaluation of the market and includes crucial future predictions, industry documentation and market reality. This report reveals a comprehensive study of the collected information, with key players, sellers, and market dealers, along with key aspects influencing the market. The Application Security Market research study examines the international and regional breakdown of the industry and its uniqueness, market shares, trends, outlines, industry classifications, and the constantly transforming global market ecosystem. The Application Security Market research report provides profit predictions and geographic regions of the organization. The study's purpose are to present the product development in North America, China, Europe, South East Asia, Japan, and in the rest of the world.

Application Security Market by Component (Solution and Services), Deployment Mode (Cloud and On-Premise), Organization Size (Large Enterprises and SMEs), Type (Web Application Security and Mobile Application Security), Testing type (Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), Interactive Application Security Testing (IAST), and Runtime Application Self-Protection (RASP)) Industry Vertical (BFSI, Healthcare, IT and Telecom, Manufacturing, Government and Public Sector, Retail & E-commerce, and Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)


The global Application Security Market size is projected to reach a CAGR of 16.2% from 2022-2028.

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Application security encompasses measures taken to improve the security of an application often by finding, fixing, and preventing security vulnerabilities. Different techniques are used to surface such security vulnerabilities at different stages of an application's lifecycle, such as design, development, deployment, upgrade, maintenance.

The rising security breaches targeting business applications, increasing the use of mobile and cloud-based technologies, and stringent compliance and regulatory requirements for application security are some of the factors that have supported long-term expansion for Application Security Market.

The major drivers for the application security market in the Asia Pacific region include the increased frequency of security breaches targeting business applications. Some of the major application vendors catering to Asia Pacific are IBM, Qualys, and Checkmarx. APAC has a good presence of SMEs.

Application Security Market Competitive Landscape

Key Players

·        IBM Corporation

·        Oracle Corporation

·        Veracode (Thoma Bravo)

·        Synopsys Inc.

·        Qualys Inc.

·        Cisco Systems

·        Checkmarx

·        MicroFocus

·        WhiteHat Security

·        Capgemini

·        Rapid7

·        Onapsis

·        GitLab

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Recent Developments in The Application Security Market

·        In September 2020, Micro Focus has introduced Hybrid Cloud Management X, designed to simplify the delivery of multi-cloud services. The offering is a cloud-native, multi-tenant management platform that can run in the public cloud or on-premises.

·        In June 2020, MicroFocus introduced Fortify on Demand, an application security testing services for AWS GovCloud. The service has the ability to offer enhanced testing, and vulnerability management to support critical federal agencies.

Reasons to Acquire Application Security Market Report

·        Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

·        Gain authentic and granular data access for Application Security Market so as to understand the trends and the factors involved behind changing market situations

·        Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·        In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Application Security Market is segmented into component, deployment mode, organization size, type, testing type, industry vertical and region.=

On the basis of Component

Solution

Services                                                       

On the basis of Deployment Mode

On-Premise

Cloud

On the basis of Organization Size

Large Enterprises

SMEs

On the basis of Type

Web Application Security

Mobile Application Security

On the basis of Testing Type

Static Application Security Testing (SAST)

Dynamic Application Security Testing (DAST)

Interactive Application Security Testing (IAST)

Runtime Application Self-Protection (RASP)

On the basis of Industry Vertical

BFSI

Healthcare

IT & Telecom

Manufacturing

Government and Public Sector

Retail & E-commerce

Others

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

 

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