Dynamic Application Security Testing Market Growing Swiftly during 2018-2024 - Veracode, Pradeo, Rapid7, Micro Focus, Synopsys, Tieto, White Hat Security, and Trustwave

Market Study Report adds global Dynamic Application Security Testing market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Web-based application security testing is the dominant segment across the application landscape of DAST market, owing to a growing number of organizations embracing DAST solutions to protect their digital assets from likely vulnerabilities and malicious activities. DAST market share from mobile application security testing however, is expected to garner massive demand in 2018-2024 due to escalating penetration of mobile phones and cloud services.

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Dynamic Application Security Testing Market Report – Quick Rundown:

Vendors discussed with company profiles, details on their offerings, contact information and more include:

The most renowned players in the global DAST market include Accenture, IBM, Veracode, Pradeo, Rapid7, Micro Focus, Synopsys, Tieto, White Hat Security, and Trustwave. Indeed, these market leaders undertake strategic partnerships to expand their product range and enhance their customer base. For instance, HCL and IBM joined forces to spark growth and facilitate advancement in the application security domain. Likewise, recently White Hat Security joined hands with Risk Sense for application security risk administration in a bid to automate business impact evaluation of web vulnerabilities, management, and scoring.

It is prudent to mention that industries like IT & telecom, BFSI, retail, and healthcare are leveraging the power of DAST technology to guard their business against cyber-attacks. Apparently, BFSI is the prime end-user of the DAST market attributed to digitization and surge in demand for online banking and mobile banking. With a growing number of business applications, application security becomes inevitable. DAST market from the healthcare space is also anticipated to grow at a commendable pace owing to the robust deployment of DAST for security and safety in healthcare applications.

Speaking about the geographical outlook, North America is projected to lead the global market owing to rising instances of breaches in private organizations & government networks. To mitigate these risks, private and public organizations are joining forces with security companies. A classic example worth mentioning is that of IBM and Cisco where they both collaborated to manage cyber threats. As a part of this venture, Cisco incorporated its security solutions with QRadar of IBM, an enterprise safety solution to safeguard organizations across endpoints, cloud, and networks.

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Asia Pacific DAST market is expected to exhibit unparalleled growth in future, which will be fueled by the rapid advancement in IT infrastructure and digitization drives in the region. In the face of growing application related problems, the security solution vendors in the region strive to encounter the challenges and ascending data vulnerabilities. Last year, Promon and SecureMetric collaborated to support organizations in Southeast Asia to escalate data protection and lessen data breaches by shielding the mobile phone applications. Furthermore, with the budding software application milieu, the necessity of competent processes for quality assurance and security has augmented in the app development lifecycle.

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