Dynamic Application Security Testing Market Size – Industry Trends, Revenue Growth Prediction, In-Depth Covid-19 Analysis, Specifications and Forecast 2020 to 2023

Overview
Dynamic Application Security Testing tools aid in identifying susceptibilities in web-based and mobile applications. With the rise in cyber-security threats, a large number of small & medium enterprises and large enterprises have started adopting dynamic application security testing systems to safeguard themselves against cyber-attacks. Such increased adoption is a major factor contributing to the growth of the dynamic application security testing market.
Furthermore, rapid growth in the adoption of smart devices, speedy emergence of the internet of things (IoT), and increased connectivity among these gadgets also magnify the security threats faced by society. These factors are propelling the need for effective dynamic application security testing tools in the market. According to the latest report published by Market Research Future (MRFR), the dynamic application security testing market is anticipated to garner a 23% CAGR during review period.

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Key Players
Some of the prominent players in the dynamic application security testing market include Accenture PLC (Ireland), IBM Corporation (U.S.), Micro Focus (U.K), Ca technologies (U.S.), Synopsys (U.S.), Pradeo (France), Rapid7 (U.S.), Tieto (Finland), Trustwave (U.S.), WhiteHat Security (U.S.), and Hewlett Packard Enterprise (U.S.).
Additionally, the latest report by MRFR has profiled key innovators in the dynamic application security testing. Such key innovators include Acunetix (U.K), Cigital (U.S.), Checkmarx Inc., (U.S.), Qualys, Inc. (U.S.), Synerzip Softech India Private Limited (India), Netcraft (U.K), ControlCase, LLC (U.S.), Applause App Quality, Inc. (U.S.), Cognizant (U.S.), Capgemini SE (France), and Virtusa Corporation (U.S.).

Segmental Analysis
The Dynamic Application Security Testing Market has been segmented on the basis of component, deployment, application, organization size, vertical, and region. On the basis of component, the market is segmented into solution and services. The services are further segmented into professional and managed services. By deployment, the market has been segmented into on-cloud and on-premise. By application, the market is segmented into web application security and mobile application security.
On the basis of organization size, the market is segmented into SMEs and large enterprises. The small & medium enterprises segment is anticipated to hold the largest share of the dynamic application security market. Attributable factors include growing adoption of DAST systems in SMEs in an effort to stay proactive in terms of securing their IT infrastructure.
The dynamic application security testing market is widely used in many verticals such as BFSI, healthcare, IT & telecommunication, healthcare, and retail. The vertical of BFSI is expected to show sizeable growth in the global dynamic application security testing market owing to rapid implementation of DAST in its ecosystem to enhance customer experience.

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Detailed Regional Analysis
The dynamic application security testing market has been regionally segmented into North America, Asia Pacific (APAC), Europe, and Rest of the World (RoW). North America is predicted to dominate the market during the forecast period owing to a higher concentration of dynamic application security providers in the U.S. and Canada. Another factor contributing to major growth in North America is the increasing number of breaches among private companies and government networks. Such breaches pose eminent threat to confidential data, prompting many public and private companies to collaborate with security solution vendors to reduce their risks. In consequence, the U.S. is expected to make a notable contribution to the testing and deployment of dynamic application security testing.
Europe is expected to garner decent growth while Asia Pacific is estimated to register significant growth throughout the forecast period. Countries like Taiwan, China, and India are adopting cloud-based services, causing propelled demand for dynamic application security testing in the Asia Pacific. Other factors causing unprecedented growth are rapid development of IT infrastructure, as well as, major digitization initiatives in many emerging economies of Asia Pacific. Furthermore, rapid demand for web-based and mobile applications are highly contributing to the dynamic application security testing market in this region.

Industry Updates
February 2019: Secure Decisions has developed a new application security testing technology, the Attack Surface Detector (ASD), that helps in enhancing software penetration testing. Secure Decisions is a division of Applied Visions, Inc. and a leader in cyber security research.

LIST OF TABLES
Table 1 Global Dynamic Application Security Testing Market: By Region, 2017-2023
Table 2 North America Dynamic Application Security Testing Market: By Country, 2017-2023
Table 3 Europe Dynamic Application Security Testing Market: By Country, 2017-2023
Table 4 Asia Pacific Dynamic Application Security Testing Market: By Country, 2017-2023
Table 5 The Middle East & Africa Dynamic Application Security Testing Market: By Country, 2017-2023
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LIST OF FIGURES
FIGURE 1 Global Dynamic Application Security Testing Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Dynamic Application Security Testing Market
FIGURE 4 Value Chain Of Global Dynamic Application Security Testing Market
FIGURE 5 Share Of Global Dynamic Application Security Testing Market In 2017, By Country (In %)
Continued…….

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