The Global Application Security Market Growth Accelerated By Rising Demand For Software Applications

Dhanesha Patil

The Global Application Security Market Growth Accelerated By Rising Demand For Software Applications

Application security products provide preventive and detective security capabilities to ensure the security of applications, application programming interfaces (APIs), and vulnerabilities. The growing adoption of cloud-based applications and Bring Your Own Device (BYOD) policies have increased application vulnerabilities and risks, driving demand for application security solutions.

The global Application Security Market is estimated to be valued at US$ 8.71 Bn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising demand for software applications is one of the key trends accelerating the growth of the application security market. Organizations are increasingly adopting Software-as-a-Service (SaaS) applications to improve business processes and customer experience. According to Globe Newswire, the SaaS market is expected to reach $312 billion by 2026, growing at a CAGR of over 20%. However, the growing usage of applications has also increased security risks and vulnerabilities. Application security solutions help organizations securely develop and deploy applications to address these rising security risks. Major players are focusing on developing advanced application security testing solutions such as runtime application self-protection (RASP) and distributed denial of service (DDoS) protection to capitalize on the growing demand.

Segment Analysis

The Global Application Security Market Size is categorized into components, testing, and verticals. The components segment dominates the market and is expected to continue its dominance during the forecast period. Within the components segment, web application security sub-segment holds the largest market share. Most organizations invest heavily in securing their web applications as they are more prone to attacks and vulnerabilities.

Key Takeaways

The global application security market is expected to witness high growth. The global Application Security Market is estimated to be valued at US$ 8.71 Bn in 2023 and is expected to exhibit a CAGR of 6.2% over the forecast period 2023-2030.

The North America region currently dominates the market due to stringent data privacy laws and increasing number of cyber-attacks in the region. In Europe, countries like the UK and Germany are expected to contribute significantly to market growth owing to rising focus on digitalization and adoption of advanced technologies. The Asia Pacific region is expected to be the fastest growing market during the forecast period. Rapid digitalization, increasing IT spending, and growing cybersecurity awareness and regulations are driving the demand for application security solutions in countries like China, India, and Japan. Furthermore, the presence of major web and mobile application developers in Asia Pacific is augmenting market growth.

Key players related content comprises

Key players operating in the application security market are The Kraft Heinz Company, McCormick & Company Inc., Sempio Food Company, Delmaine Foods, Edward & Sons Trading Co., Cajun Powder Sauce, General Mills Inc., and Bull-Dog Sauce Co. Ltd. These players are focusing on new product launches and partnerships to strengthen their market presence. For instance, in 2023, The Kraft Heinz Company partnered with Anthropic to enhance security of its AI systems.

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Dhanesha Patil

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

Pushpendra Shukla 2023-11-21

com/get-free-sample/application-security-market-trends-forecast-till-2028 Application security encompasses measures taken to improve the security of an application often by finding, fixing, and preventing security vulnerabilities. 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. com/Inquire-before-buying/application-security-market-trends-forecast-till-2028 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. 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 patternsTable of ContentsApplication Security Market is segmented into component, deployment mode, organization size, type, testing type, industry vertical and region. =On the basis of ComponentSolutionServices On the basis of Deployment ModeOn-PremiseCloudOn the basis of Organization SizeLarge EnterprisesSMEsOn the basis of TypeWeb Application SecurityMobile Application SecurityOn the basis of Testing TypeStatic Application Security Testing (SAST)Dynamic Application Security Testing (DAST)Interactive Application Security Testing (IAST)Runtime Application Self-Protection (RASP)On the basis of Industry VerticalBFSIHealthcareIT & TelecomManufacturingGovernment and Public SectorRetail & E-commerceOthersOn the basis of RegionAsia PacificNorth AmericaEuropeSouth AmericaMiddle East & Africa Get Direct Order of this Report: https://www.

Application Security Market Forecast 2023 - 2032 : By Industry Analysis, Size, Share, Major Players Are - IBM Corporation, Synopsys, Checkmarx, Veracode, MicroFocus

Vivek vishwakarma 2023-06-15

The Business Research Company’s Application Security Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The Application Security Global Market Report 2023 evaluates application security market size, growth rate, drivers, trends, and major companies. id=3897&type=smpThe global application security market size grew from $9. The application security market size is expected to grow to $27. The application security market segments in the report are:1) By Solution: Web Application Security, Mobile Application Security2) By Testing Type: Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing3) By End-User: BFSI, IT And Telecommunication, Government And Defense, Healthcare, Retail, Education, Other End UsersNorth America was the largest region in the application security market in 2022.

Application Security Market Predictions 2023-2029: Navigating Innovations in Cyber Defense

mayuri kathade 2023-11-30

The integration of application security solutions is primarily caused by the widespread use of web application security to defend websites or online services from attacks or breaches. Organisations need a strong, integrated web application security platform as new threat vectors appear and attack frequency and sophistication rise. Table of content for the Application Security Market includes:Part 01: Executive SummaryPart 02: Scope of the Application Security Market ReportPart 03: Global Application Security Market LandscapePart 04: Global Application Security Market SizingPart 05: Global Application Security Market SegmentationPart 06: Five Forces AnalysisPart 07: Customer LandscapePart 08: Geographic LandscapePart 09: Decision FrameworkPart 10: Drivers and ChallengesPart 11: Market TrendsPart 12: Vendor LandscapePart 13: Vendor AnalysisAsk for a free sample copy. (To Acquire a Complete Understanding of This Report's [Summary + TOC]] Structure) @ :Important queries not addressed in the Application Security Market Report:What influences drive growth in the Application Security market? What compound annual growth rate (CAGR) will lead the Application Security market?

Application Security Market Report Covers Future Trends with Research 2022 to 2030

Divakar Kolhe 2023-01-19

The application security system can increase the application's security and can prevent, fix, and detect vulnerabilities. Growing demand for mobile application security and web application security is propelling the market growth. Testing Type Segmentation: The application security by testing type is sectioned into four segments such as runtime application security, static application security, interactive application security, and dynamics application security. Moreover, the presence of various application security market companies is boosting the market growth in this region. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th FloorNew York, NY 10013United States of America+1 628 258 0071 (US)+44 2035 002 764 (UK)Email: sales@marketresearchfuture.

Global Application Security Market Is Estimated To Witness High Growth Owing To Increasing Concerns Regarding Cyber Threats

Ashish Thapa 2023-08-30

The global Application Security Market Sale is estimated to be valued at US$7. B) Market Key Trends: One key trend driving the growth of the global Application Security Market is the increasing adoption of cloud-based application security solutions. D) Key Takeaways: 1: The global Application Security Market is expected to witness high growth, exhibiting a CAGR of 18. 2: In terms of regional analysis, North America is expected to dominate the global Application Security Market. In conclusion, the global Application Security Market is expected to witness significant growth due to increasing concerns regarding cyber threats.

The Global Application Security Market Growth Accelerated By Emerging Threat Landscape

ashwini bakhade 2024-02-27

Several business organizations are increasingly adopting various application security solutions to ensure smooth functioning of operations and prevent cyber-attacks. Segment AnalysisThe global application security market is dominated by web application security sub segment. The global Application Security Market is estimated to be valued at US$ 10. Heavy investments in innovation and technology by enterprises in the region has led to early adoption of application security solutions. Get more insights on- Application Security MarketCheck more trending articles related to this topic: Hereditary Angioedema

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