Application Security Market Outlook 2018 With Industry Share Analysis and Forecast Of Many Companies Like WhiteHat Security, Qualys, IBM, Contrast Security, Veracode, Trustwave, Synopsys Inc, Hewlett Packard Enterprise, Checkmarx, Acunetix, SiteLock, Rapi
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The report measures technology life line curve and market time line to analyze and do more affective investments. It has its wide application in government & defense, banking, financial services, & insurance, IT & telecom, healthcare, retail, education, and others. Rise in cyber breaches may act as a major driver in the growth of application security market. On the other hand lack of awareness about cybersecurity may hinder the market. The Global Market accounted for USD 1.93 billion in 2016 growing at a CAGR of 28.1% during the forecast period of 2017 to 2024.
The task of application software is to lower down the risk involved in security in the operations of various applications. Growing usage of mobile, monetary related application and other advanced technologies have also demanded for the growth in application security solutions. The new 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. Some of the major players of the global application security market are
· WhiteHat Security,
· Trustwave Holdings, Inc,
· Cigital, Inc (A Part of Synopsys)
· Qualys, Inc.,
· IBM Corporation,
Others: High-Tech Bridge SA, Hewlett Packard Enterprise Development LP, Fasoo, Contrast Security, Checkmarx, Acunetix and others.
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.
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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
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 the basis of vertical, the global application security market is segmented into
Government and defense,
Banking, financial services, and insurance,
It and telecom,
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.
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