Market Research Future (MRFR) reports that Security Testing
market is likely to touch an approx. valuation of USD 8.69 billion by 2023 and can
progress at an incredible rate of 15.72% between 2017 and 2023 (which is the
forecast period). The global market was valued at USD 3.67
billion in 2017, according to the report.
The global security testing market is estimated to grow at a significant rate during the forecast period. The major
features of security testing are protection and secure access to data is
mentioned in this report. These features are suitable
for both web-based and desktop-based applications. Factors contributing to the
growth of the security testing market are increasing demands for protecting
customer data and web and mobile applications, increasing adoption of
cloud-based security solutions, increasing the number of cyberattacks, and the
need to strengthen security. Analysts have used primary as well as
secondary information about the market in order to provide a detailed look into
the market’s movement.
Factors contributing to the
growth of security testing market:
The Security Testing Market has encountered noteworthy growth
over the recent years and is anticipated to grow tremendously over the
assessment period. One of the
major factors responsible for the growth of security testing market is the
deployment of data centers across industries due to which enterprises are
realizing the need to implement security testing solutions. Adoption of
wireless technology for industrial operations, cloud services, and increased
government initiative towards digitization are the major factors contributing
to the growth of Asia-Pacific market.
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Top Companies profiled in
Security Testing Market Research Report includes: 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).
Segmentation:
·
By service type, the market is segmented into
network security testing, application security testing, and device security
testing.
·
By tool, the market is segmented into
penetration testing tools, web testing tools, automated testing tools, and
others.
·
By deployment, the market is segmented into
cloud and on-premise deployment.
·
By industry vertical, the market
is segmented into Government and public sector, BFSI, IT &
telecommunication, healthcare, retail, and others.
Regional Insights:
The
geographical analysis of security testing market is covered for major regions
such as North America, Europe, Asia-Pacific, and the rest of the world. North
America is expected to lead the security testing market during the forecast
period. North America is an established region in terms of IT infrastructure
and is widely known as an early adopter of new technologies. The US is one of
the major contributors in North America with leading market share. US has a
higher concentration of major players and holds nearly 68% of the key IT
vendors.
Intended Audience
• Security testing tool providers
• Application developers
• System integrators
• Industrial networking solution providers
• Security testing service providers
• Network solution providers
• Network administrators
• Network operators
• Resellers
• Managed service providers
• Network solution providers
• Network testing service providers
• Application design and software developers
• Consultancy firms and advisory firms
• Technology consultants
• Government
• OEMNetwork solution distributors
If you have any requirements, let know and we will customize the
report according to your need.
FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/security-testing-market-6705
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