The global Application Security Market is
expected to reach USD 10.7 billion by 2025, according to a new report
by Grand View Research, Inc. Increasing targeted attacks on the
applications is anticipated to be a major factor that is expected to
drive market growth. In addition, BYOD adoption in the organizations
that are deploying application security services and solutions to
protect against potential threats has contributed to the market demand.
DAST
(Dynamic Application Security Testing) is expected to significantly
contribute to the market revenue, with a market size of over USD 4
billion by 2025. It delivers various advantages that include
comprehensive vulnerability coverage, false positive reduction, entire
code coverage that comprises the frameworks and libraries, and zero
process disruption.
Web
application solution was the largest application security market in
2015 valued at USD 1.75 billion and is expected to observe declining
growth over the forecast period. Mobile application solution market is
expected to grow at a CAGR of 25.9% from 2016 to 2025.
Government
agencies hold, access, and manage large amounts of sensitive data. The
government and defense vertical, currently is susceptible to major
cyber-attacks and security breaches. According to Veracode report, three
out four application used by government agencies does not meet basic
security compliances thereby by creating high opportunity for market
vendors. The market for government and defense segment is expected to
grow at a CAGR of 18.3% between 2016 to 2025. The market is also
anticipated to witness a substantial growth in the BFSI vertical, IT and
telecom and healthcare over the forecast period.
To Request for Sample Copy of this report: http://www.grandviewresearch.com/industry-analysis/application-security-market
Further key findings from the report suggest:
- The application security market accounted for USD 2.05 billion and is expected to grow at a CAGR of 17.7% from 2016 to 2025
- Web application security emerged as the largest segment in 2015 and is expected to leverage machine learning to catalyze growth opportunities
- The application security market size in large enterprises was value USD 1.25 billion in 2015 and is anticipated to witness substantial growth over the next nine years
- The U.S. managed services market was valued as USD 478.5 million in 2015 and is expected to gain traction owing to strong compliance requirements
- The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments, especially in the mobile application security market. The regional market is expected to grow at a CAGR of 24.9% from 2016 to 2025
- Key players including IBM, Hewlett Packard Enterprise, Qualys Inc., Veracode and WhiteHat Security dominated the market while accounting 50% share of the total market in 2015
Read Our Blog: http://www.grandviewresearch.com/blogs/technology
Grand
View Research has segmented the application security market on the
basis of solution, services, testing, deployment, organization size,
end-use and region:
Application Security Solution Outlook (Revenue, USD Million, 2014 - 2025)
- Web application security
- Mobile application security
Application Security Services Outlook (Revenue, USD Million, 2014 - 2025)
- Managed
- Professional
Application Security Testing type Outlook (Revenue, USD Million, 2014 - 2025)
- Static Application Security Testing (SAST)
- Dynamic Application Security Testing (DAST)
- Interactive Application Security Testing (IAST)
- Runtime Application Self-Protection (RASP)
Application Security Deployment Outlook (Revenue, USD Million, 2014 - 2025)
- Cloud
- On-premise
Application Security Organization size Outlook (Revenue, USD Million, 2014 - 2025)
- Small and medium enterprise
- Large enterprise
Application Security End-Use Outlook (Revenue, USD Million, 2014 - 2025)
- BFSI
- Government and defense
- Healthcare
- IT & Telecom
- Manufacturing
- Retail
- Others
Application Security Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- US.
- Canada
- Europe
- Germany
- France
- UK
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-application-security-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
No comments:
Post a Comment