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Dynamic Application Security Testing Market Analysis Focusing on Top Key Players – IBM, Veracode, Pradeo, Rapid7, Micro Focus, Synopsys, Tieto, WhiteHat Security, Trustwave

11-07-2018 08:21 AM CET | IT, New Media & Software

Press release from: marketstudyreport.com

Dynamic Application Security Testing

Dynamic Application Security Testing

Market Study Report adds Global Dynamic Application Security Testing market report t evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

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.

Before finalizing the purchase of Dynamic Application Security Testing report, get your questions answered via: www.marketstudyreport.com/enquiry-before-buying/1247170/

Despicable security apprehensions like application manipulation for illegal access, unveiling of sensitive data, modification, and breach are likely to spur the DAST solutions market. Also, establishments are incessantly concentrating on application security testing to detect cyber-attacks and internal flaws to deliver a secure, and trustworthy working environment that assists business goals. However, it is imperative to mention that monetary constraints and a dearth of trained people to perform DAST are likely to be the main constrictions decelerating market growth.

Dynamic Application Security Testing Market has gained positive momentum in the last few years, mainly driven by the amplifying business risks attributable to cyber-attacks and application vulnerabilities. Outrageous events of security breaches worldwide are stimulating businesses to deploy cutting-edge application security testing solutions in order to alleviate hacker attack risks. Incidentally, the DAST technique has the potential to rightly spot vulnerabilities in running applications, allowing technology professionals to locate and evade bugs prior to product?s release. Other promising advantages of DAST include risk reduction, security function and feature enhancement like auditing, authentication, and encryption.

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.

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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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.

The most renowned players in the global DAST market include Accenture, IBM, Veracode, Pradeo, Rapid7, Micro Focus, Synopsys, Tieto, WhiteHat 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 WhiteHat Security joined hands with RiskSense for application security risk administration in a bid to automate business impact evaluation of web vulnerabilities, management, and scoring.

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Related Report:

Global Dynamic Application Security Testing Market Size, Status and Forecast 2025

This report studies the global Dynamic Application Security Testing market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Dynamic Application Security Testing market by companies, region, type and end-use industry.

Read More on this report at: https://www.marketstudyreport.com/reports/global-dynamic-application-security-testing-market-size-status-and-forecast-2025?utm_source=RR-PSR

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