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Increased Attacks on Government Installations Driving European DAST Market

09-23-2011 08:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Technavio

Increased Attacks on Government Installations Driving

London, UK, September 22, 2011 -- A recently published report by Technavio, specialists in emerging technologies market research, reveals that the Dynamic Application Security Testing (DAST) market in Europe is expected to grow at a CAGR of 33.2 percent over the period 2010–2014. The report, which focuses on Europe exclusively, indicates that the market is being driven by the growing number and complexity of attacks on government installations.

According to Technavio’s industry analyst, “Government installations in Europe, especially in the United Kingdom, France, and Germany, are witnessing increasing cyber-attacks. Further, the European Union's (EU) infrastructure has also been attacked. Not only are the frequency of attacks increasing, they are also becoming more complex. As a result, government departments are being pushed into adopting vulnerability scanning solutions.”

The report also highlights that the inability of these solutions to scan code errors is hindering the growth of this market. However, the increasing dependence on websites and applications is expected to keep driving the market. This market is also marked by a visible shift toward hybrid solutions. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Technavio’s report, Dynamic Application Security Testing Market in Europe 2010–2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.

Companies mentioned in this report include IBM Corp., Hewlett-Packard Co., Cenzic Inc., WhiteHat Security Inc., Veracode Inc., and Parasoft Corp.

For further information and to obtain your copy of this report, please visit http://www.technavio.com/content/dynamic-application-security-testing-market-europe-2010-2014.

About Technavio

Technavio is the research platform of Infiniti Research.

Infiniti Research provides actionable market, strategic, competitive and customer intelligence to leading companies worldwide. A team of 120 analysts with specialization in different sectors, conduct research in more than 50 countries (including all OECD and extended BRIC countries), and in more than 20 languages (including French, German, Mandarin, Japanese, Korean, Spanish, Portuguese and Hindi).

Technavio reports are based on a robust research model with critical insights from industry experts. Technavio focuses on niche and emerging technologies.

Technavio Interactive is a dynamic web-based portal which enables instant access to our 800+ Technavio reports. The platform is designed to ensure fast search and easy navigation of our database.

Media Contact:
Ludmila Berkesova
Program Manager
Technavio
8 Wimpole Street
W1G 9SP London UK
Tel: 0044 207 637 2456
Fax: 0044 845 280 2825
ludmila@technavio.com
http://www.technavio.com

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