Technological advancements and increasing need for preventing data loss to drive global security testing market through 2024
According to TechSci Research report, “Global Security Testing Market By Type, By Tools, By Deployment Mode, By End User, By Region, Competition, Forecast & Opportunities, 2024”, global security testing market is projected to grow at a CAGR of over 16% during the forecast period, owing to increasing number of connected devices due to rising adoption of IoT and BYOD trend that are susceptible to advanced persistent threats. Moreover, need for improved security due to growing deployment of third-party applications is expected to positively influence global security testing market in coming years.
Browse 20 market data Tables and 130 Figures
spread through 110 Pages and an in-depth TOC on “Global
Security Testing Market”
Security testing market, globally, can be
segmented based on type, tools, deployment mode, end-user and region. Based on type,
the market can be classified into application security testing, device security
testing and network security testing. Network security testing is expected to
grow at the highest rate during the forecast period, as these solutions are
deployed by organizations to secure web and mobile applications. In terms of
tools, penetration testing tools segment is anticipated to exhibit the fastest
growth rate, on account of increasing number of attacks on crucial software and
hardware applications of organizations. Based on deployment mode, the market
can be bifurcated into on-premise and cloud. The traction of cloud-based
deployment is increasing, as more and more SMEs are implementing cloud-based
security testing solution, backed by their cost effectiveness and time efficiency.
can also request for 10% free customization on this report.
Cisco Systems, Inc., Hewlett Packard
Enterprise Company, IBM Corporation, Accenture PLC, Checkmarx Ltd., SecureWorks,
Veracode, Inc., Applause App Quality, Inc., WhiteHat Security, Intertek Group
Plc., Qualys, Inc., etc. are among the leading players
operating in global security testing market. Companies operating in the market
are using organic strategies such as product launches, mergers and
collaborations to boost their share.
“With presence of leading players and stringent mandates and regulations
in countries such as Canada and the US, North America dominated global security
testing market in 2018 and is expected to continue its market dominance during
the forecast period. However, Asia-Pacific security testing market is expected
to register strong growth, owing to increasing adoption of technologies and
huge opportunities across industry verticals in the countries.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Security Testing Market By Type, By Tools, By Deployment Mode, By End User, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global security testing market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global security testing market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.