According to the recent
comprehensive research by Market Research Future Reports (MRFR), the global
security testing market is expected to value USD 8.69 billion, expanding at a
CAGR of 15.72% during the review period. The increasing adoption of cloud-based
services is projected to be the most significant factor driving the global
security testing market 2020. Besides, the growing competencies of industrial
and enterprise networks are growing at a larger scale.
Also, the challenged presented due to the outbreak of COVID-19 has resulted in a changing market landscape. The Security Testing market has been studied efficiently with the long haul with projections in the MRFR reports. The data analysts at <RFR have evaluated the market. We will provide a report on the impact analysis of COVID-19 on the global security testing market.
Market Segmentation
The worldwide security testing market can be distinguished on
the basis of industry vertical, deployment, service type, tool, and geography.
·
On the
basis of industry vertical, the worldwide security testing market can be
distinguished into healthcare, BFSI, Government and public sector, IT &
telecommunication, retail, and others.
·
On the
grounds of deployment, the worldwide security testing market can be
distinguished into on-premise deployment and cloud.
·
On the
grounds of service type, the worldwide security testing market can be
distinguished into application security testing, network security testing, and device
security testing. Network security can be further distinguished into VPN
testing, firewall testing, and IDS/IPS testing. Application security is further
classified into web application security testing, mobile application security
testing, cloud application security testing, dynamic application security
testing, and static application security testing.
·
On the
grounds of the tool, the global security testing market can be
distinguished into web testing tools, testing tools, automated testing tools,
and others.
·
On the
grounds of geography, the worldwide security testing market can be
distinguished into North America, Europe, Asia-Pacific, and the Rest of the
World (RoW).
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Key
Players
The renowned organizations of the worldwide security testing
market are Hewlett Packard Enterprise (US), Cisco Systems Inc. (US), IBM
Corporation (US), WhiteHat Security (US), Qualys Inc. (US), Applause App
Quality Inc. (US), Checkmarx (Israel), Veracode (US), UL LLC (Netherlands),
Intertek Group PLC (UK). Apart from these players, the other players who
contribute 30-35% in the market expansion are Capgemini SE (France), Valency
Networks Pvt Ltd (India), Wipro Limited (India), Infosys Limited (India), and
Cognizant Technology Solutions Corp (US).
Regional
Analysis
The data experts at MRFR have thoroughly analyzed North
America, Europe, Asia-Pacific, and the Rest of the World (RoW). As per the
study, the worldwide market is projected to be dominated by North America. The
region has been observed to adopt the latest technologies at the fastest pace.
Besides, the demand to protect the data of customers is another factor leading
to market expansion. Among all nations, the US and Canada are projected to make
the most substantial contribution in expanding the market.
Europe obtains the second position. The region consists of
countries such as the UK which are economically developed, and therefore, they
have a strong grip on the communication technology sector. Countries like the
UK and Germany are likely to acquire the major market space.
Key Questions Answered In
This Report:
·
What is the growth scope of the security testing market?
·
Who are security testing market players?
·
What are the tools used for security testing?
·
What are the types of services provided under security testing?
· What are the security testing market drivers?
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