Security Testing Industry is projected to Grow Substantially by 2025

Big Market Research added a report on “Global Security Testing Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”

Security testing market is a technique to check that an information system protects data and maintains functionality as intended. Security testing is performed to check whether there is leakage of information by encrypting the application or using wide range of softwares and hardwares and firewall. Global security testing market is expected to grow at a CAGR of around 15% from 2017 to 2025.

Based on type, the market is divided into network security testing, application security testing and device security testing. Based on various tools, market is segmented into penetration testing tools, web testing tools, automated testing tools and code review tools. By deployment model, market is bifurcated into cloud and on-premises. Based on organization size, market is classified into small and medium enterprise (SME) and large enterprises. Various industries included in the report are BFSI, healthcare, telecom & IT, retail, public utilities and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Increasing demand of cloud-based security solutions as it allows organizations to meet cloud security compliance requirements for encryption, separation of duties, and access control of protected data.

Stringent government regulations related to security.

Restraints:

High initial cost of security testing solutions

Market Players:

The top players in the global security testing market include Cisco Systems, Inc., Hewlett Packard Enterprise, IBM Corporation, Qualys, Inc., WhiteHat Security, Applause App Quality, Inc., Veracode, Checkmarx, UL LLC, and Intertek Group PLC

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MARKET LANDSCAPE

By Type

o Network security testing

Firewall testing

VPN testing

IDS/IPS testing

URL filtering/UTM testing

o Application security testing

By type

? Static Application Security Testing (SAST)

? Dynamic Application Security Testing (DAST)

By services

? Web application security testing

? Mobile application security testing

? Cloud application security testing

o Device security testing

By Tool

o Penetration testing tools

o Web testing tools

o Automated testing tools

o Code review tools

By Deployment Model

o Cloud

o On-premises

By Organization Size

o Small and Medium Enterprises (SMEs)

o Large enterprises

By Industry Vertical

o Government and public utilities

o BFSI

o IT and telecom

o Healthcare

o Retail

o Others

By Geography

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

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