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Penetration Testing Market 2020-2025: Qualys, Rapid7, FireEye, IBM, Micro Focus, Cigital, Secureworks, Trustwave Holdings, Acunetix, Netsparker and Others.

03-16-2020 12:01 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Penetration Testing Market 2020-2025: Qualys, Rapid7,

According to Market Study Report, Penetration Testing Market provides a comprehensive analysis of the Penetration Testing Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Penetration Testing Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Penetration Testing Market size is projected to grow from USD 1.7 Billion in 2020 to USD 4.5 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.8% during the forecast period. This report spread across 133 Pages, Profiling 10 Companies and Supported with 133 Tables and 37 figures are now available in this research.

Top Companies profiled in the Penetration Testing Market:
o Zeus Industries products ltd. (US)
o TE Connectivity (US)
o Parker-Hannifin (US)
o Teleflex Inc. (US)
o Junkosha Inc. (Japan)
o Elringklinger Kunststofftechnik GmbH (Germany)
o Medical Extrusion Technologies Inc. (US)
o Polyflon Technology Ltd (UK)
o Polyfluor Plastics bv (Netherlands)
o Tef-Cap Industries Inc (US) and Optinova (US)

"By application area, the mobile application penetration testing segment to grow at the highest CAGR during the forecast period"
Mobile application penetration testing is basically for mobile-based applications which is done by trying to break into various mobile applications through different vectors. The methodology is a security testing, which is used to analyze security from the inside of a mobile environment. The mobile application penetration testing methodology concentrates on file system, hardware, and network security. The test results can provide an organization with knowledge of the vulnerabilities in the mobile application, loopholes, and attack vectors before delivering an app to the user,thus offering insights on how to mitigate the potential risks of mobile applications and secure the user credentials associated with it.

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"By deployment mode, the cloud segment to grow at a higher rate during the forecast period"
In the cloud deployment mode, instead of implementing the software solution on the local hardware, businesses subscribe to the solution hosted on a third-party remotely located server. By opting for cloud-based solutions, organizations can avoid costs related to maintenance of infrastructure and technical staff. Cloud-based platforms are beneficial for organizations that have strict budgets for security investments.

"Asia Pacific to register the highest growth rate during the forecast period"
Asia Pacific (APAC) has great scope for the growth of the penetration testing market. The penetration testing market in APAC is anticipated to grow significantly, due to increasing government investments in improving security posture, increased sophistication of cyber attacks, and the amalgamation of technologies, such as Artificial Intelligence (AI) and Machine Learning (ML) with penetration testing.

Breakdown of primary participants' profile:
o By Company Type: Tier 1-25%, Tier 2-40%, and Tier 3-35%
o By Designation: C-level Executives-35%, D-level - 35%, and Others - 30%
o By Region: North America - 45%,Europe- 25%, APAC- 20%,MEA- 5%, Latin America - 5%

Competitive Landscape of Penetration Testing Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies

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Reason to access this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall penetration testing market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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