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The Global Penetration Testing Market was valued at USD 599.32 million in 2016 and is projected to reach USD 4,138.83 million by 2025, growing at a CAGR of 23.95% from 2017 to 2025 and top key players are IBM Corporation, Checkmarx , Veracode , Whitehat S

02-26-2019 10:19 PM CET | Media & Telecommunications

Press release from: Kenneth Research

The Global Penetration Testing Market was valued at USD 599.32

Penetration testing is a method of testing, measuring and enhancing established security measures on information systems and support areas. The penetration is often carried out by a third party at the request of the owner of the system or network. Penetration testing reveals a set of vulnerabilities, provides compliance with industry standards, reduce client-end attacks, guard the reputation of the organization, maintains trust, and enhance quality assurance.

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Emergence of IoT
1.2 Rising number of mobile users and applications
1.3 Increasing demand for protection from cyber attacks
1.4 Need to incorporate security methods in application development phase
2. Market Restraints
2.1 Lack of application security expertise

Market Segmentation:
The Global Penetration Testing Market is segmented on the organization size, testing service, deployment model, vertical, and region.

1. By Organization Size:
1.1 Large Companies
1.2 Small and Medium Businesses

2. By Testing Service:
2.1 Mobile application penetration testing
2.2 Network penetration testing
2.3 Wireless penetration testing
2.4 Web application penetration testing
2.5 Social engineering
2.6 Others

3. By Deployment Model:
3.1 Cloud-based
3.2 On-premise

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4. By Vertical:
4.1 Retail
4.2 Healthcare
4.3 Government and Defense
4.4 IT and Telecom
4.5 Banking, Financial Services, and Insurance (BFSI)
4.6 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. Checkmarx
3. Veracode
4. Whitehat Security
5. Qualys, Inc.
6. Cigital, Inc.
7. Rapid7, Inc.
8. Acunetix.
9. Hewlett Packard Enterprise
10. Trustwave Holdings, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Email:sales@kennethresearch.com
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You can edit or delete your press release The Global Penetration Testing Market was valued at USD 599.32 million in 2016 and is projected to reach USD 4,138.83 million by 2025, growing at a CAGR of 23.95% from 2017 to 2025 and top key players are IBM Corporation, Checkmarx , Veracode , Whitehat S here

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