Global security testing market is expected
to grow at a double-digit CAGR during the forecast period, on account of surging
adoption of cloud-based security solutions and growing need for the protection
of valuable assets such as mobile applications. Security testing is a testing
technique used to identify security gaps present in the system and to ensure
whether IT infrastructure components like devices, applications and networks
are free from security vulnerabilities. Increasing trend of bring your own
device (BYOD) and Internet of Things (IoT) is expected to drive the market.
Moreover, government mandates and norms in application development are likely
to positively influence global security testing market during the forecast
period.
Security testing market can be
segmented based on type, tools, deployment mode and end user. Based on the
type, the market can be segmented into network security testing, device
security testing and application security testing. Organizations are deploying
application security testing solutions in order to secure mobile and web
applications. Moreover, increasing penetration of IoT involves large number of
connected applications that are susceptible to various threats, as a result
pushing demand for security testing. Security testing solutions can be deployed
on-premise and cloud. The demand for cloud deployment mode is likely to
increase in the coming years, as it offers cost-effective and time-effective
features. Security testing market caters to various end users like retail,
BFSI, IT & telecom, government and others. Government and BFSI are the
major segments in global security testing market, as the critical data and
applications used by verticals are prone to advanced threats.
In 2018, North America, followed
by Europe, dominated global security testing market due to early adoption of the
technology in economies like the US and Canada and presence of leading players
in the region.
Major players operating in global security
testing market are Cisco Systems, Inc., Hewlett Packard Enterprise Company, IBM
Corporation, Accenture PLC, Checkmarx Ltd., Veracode, Inc., Applause App
Quality, Inc., WhiteHat Security, Intertek Group Plc. and Qualys, Inc. Major
companies are developing advanced technologies and launching new products in
order to stay competitive in the market. Other competitive strategies include
mergers & acquisitions and new product developments. IBM Security and Check
Point Software Technologies Ltd. have entered into a strategic alliance on
managed security services (MNS), advanced mobile protection, integrated event
management and shared threat intelligence.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the
Study:
- To analyze and forecast global security
testing market size.
- To classify and forecast global security
testing market based on type, tools, deployment mode, end-user and regional
distribution.
- To identify drivers and challenges for global security
testing market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in global
security testing market.
- To conduct the pricing analysis for global
security testing market.
- To identify and analyze the profile of leading
players operating in global security testing market.
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Some of the leading players
in global security testing market include Cisco Systems, Inc., Hewlett
Packard Enterprise Company, IBM Corporation, Accenture PLC, Checkmarx Ltd., Veracode,
Inc., Applause App Quality, Inc., WhiteHat Security, Intertek Group Plc. and Qualys,
Inc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service offerings, distribution channels and presence of all
major service providers across the globe.
TechSci Research calculated global security testing market size using a bottom-up approach, where data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Security testing tools and service providers
- Network solution providers
- Research organizations and consulting
companies
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
security testing
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global security testing
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Market, by Type:
- Network Security Testing
- Application Security Testing
- Device Security Testing
- Market, by Tools:
- Penetration Testing tools
- Web Testing tools
- Automated Testing tools
- Code Review tools
- Market, by Deployment Mode:
- Market, by End User:
- BFSI
- Telecom & IT
- Government
- Retail
- Others
- Market, by Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in global security testing market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market
players (up to five).
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com