Market Synopsis
The IT and programming industry has gone through different progressions making ready for various open doors. Notwithstanding, with these headways, there has been expanded gamble of digital dangers and information misfortune. Considering the expanding need for information assurance, effective security frameworks are being sent across different undertakings and modern verticals. The significant highlights of security testing are assurance and secure admittance to information. These elements are appropriate for both electronic and work area based applications. The variables adding to the development of security testing market are the expanding need for insurance of client information and web and portable applications, expanded reception of cloud-based security arrangements, and rising number of digital assaults and need for further developed security.
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Key players
The key players in the Security Testing Market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Cisco Systems, Inc. (US), Hewlett Packard Enterprise (US), IBM Corporation (US), Qualys, Inc. (US), WhiteHat Security (US), Applause App Quality, Inc. (US), Veracode (US), Checkmarx (Israel), UL LLC (Netherlands), and Intertek Group Plc. (UK). These players contribute a major proportion towards market growth.
Apart from the top key players, there are other players that contribute nearly 30-35 % in the security testing market. These include Valency Networks Pvt Ltd (India), Capgemini SE (France), Wipro Limited (India), Cognizant Technology Solutions Corp (US), Infosys Limited (India), Tata Consultancy Services Limited (India), Hexaware Technologies Limited (India), Zensar Technologies Limited (India), CloudBees (US), Symetrics (Netherlands), Rohde & Schwarz UK Ltd (Germany), Beyond Security (US), TraceSecurity (US) and others.
Regional Analysis
The worldwide market for security testing is driven by expanding reception pace of the Internet of Things, cloud arrangements across various businesses, and developing interest for programming based systems administration. The market is assessed to develop at a critical rate during the gauge time frame from 2017 to 2023. The geological investigation of security testing market is covered for significant locales like North America, Europe, Asia-Pacific, and the remainder of the world. North America is relied upon to lead the security testing market during the figure time frame. North America is a laid out locale as far as IT framework and is commonly known as an early adopter of new innovations. The US is one of the significant givers in North America with driving market share. US has a higher centralization of key part and holds almost 68% of the key IT sellers.
Then again, Europe intently follows North America in data and innovation area. Nations like Germany, the Netherlands, and the UK are among the most elevated contributing countries as far as IT headway and innovative turns of events. One of the central point liable for the development of security testing market is the organization of server farms across businesses because of which undertakings are understanding the need to carry out security testing arrangements.
Asia-Pacific is relied upon to enlist the most noteworthy development during the estimate time frame. Reception of remote innovation for modern tasks, cloud benefits, and expanded government drive towards digitization are the central point adding to the development of Asia-Pacific market. Nations like China, India, South Korea, and Taiwan are improving their current interchanges framework innovation.
Market Segmentation
The overall security testing market can be recognized based on industry vertical, arrangement, administration type, device, and geology.
Based on industry upward, the overall security testing market can be recognized into medical services, BFSI, Government and public area, IT and media transmission, retail, and others.
On the grounds of arrangement, the overall security testing market can be recognized into on-premise organization and cloud.
On the grounds of administration type, the overall security testing market can be recognized into application security testing, network security testing, and gadget security testing. Network security can be additionally recognized into VPN testing, firewall testing, and IDS/IPS testing. Application security is additionally ordered into web application security testing, versatile application security testing, cloud application security testing, dynamic application security testing, and static application security testing.
On the grounds of the device, the worldwide security testing market can be recognized into web testing apparatuses, testing instruments, computerized testing devices, and others.
On the grounds of topography, the overall security testing market can be recognized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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Security Testing Market, By Service Type (Network Security Testing, Application Security Testing), Tools (Penetration, Web, Automated Testing Tools), Deployment (Cloud, On-Premise), Industry Vertical (Government, BFSI, Retail) — Forecast till 2027
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