Global Application Security Market Evolvement In Cyber Security Fostering Growth In Players Like WhiteHat Security, Trustwave Holdings, Inc, SiteLock, Rapid7, Pradeo, High-Tech Bridge SA

Numerous undertakings are confronting digital assault issues inferable from imperfections in the advancement period of the application security market. Henceforth, ensuring the product and intense information at each phase of the framework improvement life cycle is foreseen to goad the application security market development. The administration's laws and stringent plans, for example, Cyber development association in India, are additionally responsible for the business development. Significant open doors for the application security market are the expanding utilization of cell phones and high rate of reception of IoT.

The Application Security Market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. The Global Application Security Market accounted for USD 1.93 billion in 2016 growing at a CAGR of 28.1% during the forecast period of 2017 to 2024. 

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Major Market Drivers & Restraints:

Outsourcing of IT security model
Rise in cyber breaches
Stringent by-laws and compliance requirement
Budget constraints for implementing Application security
Stringent by-laws and compliance requirement
Lack of Awareness About Cybersecurity

Market Segmentation: Application Security Market

The global application security market is segmented on the basis of component into solution, and services. The solutions segment is further segmented into web application security, and mobile application security. The services segment is further segmented into professional services, and managed services. The professional services segment is further segmented into consulting, training and education, and support services.
On the basis of testing segment, the global application security market is segmented into static application security testing, dynamic application security testing, and interactive application security testing.

On the basis of organization size, the global application security market is segmented into large enterprises, and small & medium-sized enterprises (SMEs).

On the basis of deployment model, the global application security market is segmented into on-premises, and cloud.

On the basis of vertical, the global application security market is segmented into government and defense, banking, financial services, and insurance, IT and telecom, healthcare, retail, education, and others.

On the basis of geography, the global application security market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Application Security Market

The report for global application security market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

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Major Market Competitors: Application Security Market

Some of the major players of the global application security market are WhiteHat Security, VERACODE, Trustwave Holdings, Inc, Synopsys, Inc. SiteLock, Rapid7, Qualys, Inc., Pradeo, IBM Corporation, High-Tech Bridge SA, Hewlett Packard Enterprise Development LP, Fasoo, Contrast Security, Checkmarx, Acunetix and others.

Research Methodology: Application Security Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

Some of the key research methodologies used by DBMR research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales In Terms Of Hardware, Software, And Services Availed, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.

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