Runtime Application Self-Protection Market Size, Key Players Analysis, Business Growth, Regional Trends, Development Status, Sales Revenue and Comprehensive Research Study Till 2022

Global Runtime Application Self-Protection Market Information, by Solution (Network/Cloud Based, Server/Application Based), by Domain (SMEs, Large Business Units), by End Users (BFSI, Manufacturing, Retail, IT and Telecommunication) - Forecast 2016-2022

Market Highlights
The global runtime application self-protection market is growing at a rapid pace; mainly due to the rising security concerns and increasing number of DDOS attacks. According to a recent study report published by the Market Research Future, the global market of runtime application self-protection is booming and expected to gain importance over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).

RASP technology has a detailed view into the actions of the system, which can help improve security accuracy. Cloud-based RASP security solutions are considered to be the ideal solutions for organizations ranging from financial institutions to mid-size organizations, the government sector, and e-commerce. The factors driving the global market of Runtime Application Self-Protection market are increasing demand from small and medium sized businesses for security. Moreover, the increasing number of DDOS attack is fuelling the runtime application market growth. On the other hand, the dynamic nature of Runtime Application Self-Protection is hindering the growth of Runtime Application Self-Protection Market.

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Major Key Players

• Veracode (U.S.),
• Waratek (Ireland),
• Cigital, Inc. (U.S.),
• Wipro (India),
• Optiv Inc (U.S),
• Hewlett-Packard (U.S.),
• WhiteHat Security (U.S.),
• VASCO Data Security International, Inc. (U.S.),
• IMMUNIO (Canada),
• Prevoty (U.S.),
• Promon AS (Norway)

According to MRFR, The global Runtime Application Self-Protection Market is estimated to grow at 29% CAGR through the forecast period.

Key Findings
Prevoty, the leader in runtime application self-protection (RASP) recently announced its latest version of Prevoty RASP, including major breakthroughs making Prevoty the first and only completely autonomous solution for runtime application self-protection.
Avocado Systems, the Silicon Valley innovator of next-gen application security for data centers and clouds, introduced its new approach to deterministic Runtime Application Self-Protection (RASP). Avocado’s vRASP solution protects runtime applications deterministically from existing and emerging threats and eliminates the many false-positives created by current solutions.

On the downside, application performance can take a hit when RASP is deployed, although how much of a hit is a source of debate between critics and advocates of the technology. The self-protecting process can slow down an app, as can the dynamic nature of RASP. If that latency becomes apparent to users, it will certainly generate grousing within an organization.

Market Dynamics:
Growing Cases Of Data Thefts And Security Breaches Is The Prime Determinant Of The Market
The primary drivers of the runtime application self-protection market are the ever increasing cases of data and security breaches, and the prohibitive cost of non-compliance. The antecedents such as the emergence of the internet of things (IoT) and bring your own device (BYOD), increased deployment of web and cloud-based applications, and remote access technologies, is another driver of the market. The growing stringency of compliance, the increasing internet usage, and increasing density of intellectual property are other factors driving the market.
Growing E-commerce Industry Is Expected To Drive A Large Demand
Increasing e-commerce and payment card industry has led to growth in dependency on I.T. systems. The scalable nature of the business makes it attractive resulting in growing number of firms.

Segmentation
The market for global runtime application self-protection market is segmented on the basis of component, deployment, organization size, vertical and region. On the basis of the component, the segment is further segmented into solution and services. The solution segment consists of web applications, mobile applications, and others. The services segment consists of professional services and managed services. On basis of the deployment, the segment is further classified into on-premise and on-demand. On the basis of the organization size, the segment is further classified into small and medium enterprises and large enterprises. Runtime application self-protection market covers a wide area of application areas such as BFSI, IT and telecommunications, government, healthcare, retail, manufacturing, and many more.

Regional Analysis
North America leads the market for global runtime application self-protection market. The cybersecurity threats to the North American countries and heavy investment in making the application safe is driving the market of Runtime Application Self-Protection. Furthermore, rapid economic growth in the developing countries, along with improved regulatory reforms and economic stability is driving the runtime application self-protection market growth in Asia Pacific region. In Latin America, SMEs as well as large enterprises, belonging to a range of verticals, such as Banking, Financial Services, and Insurance (BFSI); government and defense; and IT and telecommunications, are expected to increase their investments in runtime application self-protection solutions and services.

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Intended Audience

• Government agencies
• Runtime Application Self Protection vendors
• Independent software vendors
• Consulting firms
• System integrators
• Value-Added Resellers (VARs)
• Information Technology (IT) security agencies
• Managed Security Service Providers (MSSPs)

LIST OF TABLES
Table 1 Global Runtime Application Self-Protection Market: By Region, 2017-2022
Table 2 North America Runtime Application Self-Protection Market: By Country, 2017-2022
Table 3 Europe Runtime Application Self-Protection Market: By Country, 2017-2022
Table 4 Asia-Pacific Runtime Application Self-Protection Market: By Country, 2017-2022
Table 5 Middle East & Africa Runtime Application Self-Protection Market: By Country, 2017-2022
Table 6 Latin America Runtime Application Self-Protection Market: By Country, 2017-2022
Table 7 Global Runtime Application Self-Protection by Component Market: By Regions, 2017-2022
Table 8 North America Runtime Application Self-Protection by Component Market: By Country, 2017-2022
Table 9 Europe Runtime Application Self-Protection by Component Market: By Country, 2017-2022
Table 10 Asia-Pacific Runtime Application Self-Protection by Component Market: By Country, 2017-2022
Table 11 Middle East & Africa Runtime Application Self-Protection by Component Market: By Country, 2017-2022
Table 12 Latin America Runtime Application Self-Protection by Component Market: By Country, 2017-2022
Table 13 Global Runtime Application Self-Protection by Deployment Model Market: By Regions, 2017-2022
Table 14 North America Runtime Application Self-Protection by Deployment Model Market: By Country, 2017-2022
Continued……

LIST OF FIGURES
FIGURE 1 Global Runtime Application Self-Protection Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Runtime Application Self-Protection Market
FIGURE 4 Value Chain of Global Runtime Application Self-Protection Market
FIGURE 5 Share of Global Runtime Application Self-Protection Market in 2017, by country (in %)
FIGURE 6 Global Runtime Application Self-Protection Market, 2017-2022,
FIGURE 7 Sub segments of Component
FIGURE 8 Global Runtime Application Self-Protection Market size by Component, 2017
Continued……

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