Runtime Application Self Protection Market to grow at 33.3% CAGR by 2022 | Top Technologies, Overview, Key Insights and Company Profiles

ReportsnReports offers a latest published report on “Runtime Application Self-Protection (RASP) Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 132 Pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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The Runtime Application Self-Protection (RASP) Market size is expected to grow from US$ 294.7 Million in 2017 to US$ 1,240.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3% during the forecast period. This report spread across 132 Pages, Profiling 10 Companies and Supported with 71 Tables and 36 Figures is now available in this research.

Most Popular Companies in the Runtime Application Self-Protection Market include are Arxan Technologies, Inc. (US), Contrast Security, Inc. (US), Micro Focus International plc (UK), Signal Sciences Corporation (US), VASCO Data Security International, Inc. (US), Veracode, Inc. (US), IMMUN.IO Inc. (Canada), Pradeo Security Systems (France), Prevoty, Inc. (US), and Waratek Ltd.(Ireland). The market also includes various key innovators such as Promon (Norway), RunSafe Security (US), and GuardSquare NV (Belgium).

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“Web applications solution is expected to have the largest market size in the RASP market in 2017”
The web applications solution is estimated to have the largest market size in 2017. In many organizations, web applications are the most common targets for cybercriminals to penetrate the enterprise network and access confidential data. These applications are often complex and are developed without involving information security experts, which lead to the generation of security vulnerabilities in applications.

“The on-premises deployment mode is expected to have a larger market size in the RASP market during the forecast period”
The on-premises deployment mode is expected to have a larger market size during 2017–2022. It provides organizations with full control over all platforms, applications, systems, and data, which can be handled and managed by their own IT staff. Government and defense rganizations, and Banking, Financial Services, and Insurance (BFSI) companies are likely to prefer on-premises security because they cannot put national security at risk by losing sensitive data, financial records, accounting information, and money transfers.

“North America is expected to contribute to the largest market share, and Asia Pacific (APAC)is projected to grow at the highest CAGR during the forecast period”
North America is estimated to hold the largest market share and dominate the global RASP market in2017.The increasing information security challenges due to growing complexities in web and mobile applications, along with meeting strict compliance regulations are pushing organizations in North America to adopt RASP solutions. APAC offers growth opportunities for the RASP market to grow, as countries in this region are investing heavily in deploying RASP and compliance management solutions.

Breakdown of Primary Participants’ Profile:
• By Company: Tier 1 – 44%, Tier 2 – 37%, and Tier 3 – 19%
• By Designation: C-level – 64% and Director level – 36%
• By Region: North America – 33%, Europe – 44%, APAC – 18%, and RoW – 5%

Competitive Landscape of Runtime Application Self-Protection Market:
1 Overview
2 Prominent Players Operating in the Runtime Application Self-Protection Market
3 Competitive Scenario
3.1 Partnerships, Agreements, and Collaborations
3.2 New Product Launches
3.3 Mergers and Acquisitions

Target Audience for Runtime Application Self-Protection Market: 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).

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Research Coverage
The Research covers the Runtime Application Self-Protection Market on the basis of different segments, such as solutions, services, deployment modes, organization sizes, and verticals in North America, Europe, APAC, MEA, and Latin America. Additionally, it includes the factors that are driving the RASP market along with the growth opportunities in this market. It also includes the restraining factors and challenges in the growth of the RASP market.

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