Penetration Testing Market Is Booming Worldwide To Generate Huge Revenue By 2027, Trending Report with Key Players Acunitix, Cigital Inc., Checkmarx, Hewlett Packard Enterprise Co. and More

Penetration testing is a process of simulating cyber-attack that exploit vulnerabilities in computer systems. It is acronym as pen testing or ethical hacking and is widely used as a web application to find security vulnerabilities that a cyber attacker might exploit. Penetration testing is an advance set of technologies that provide automated testing with help of software applications. The main process of penetration testing includes gathering of information that is associated with a system or network, which identifies possible entry points and attempts to break in the framework either on real-time basis or with simulation. In the end, a visual reporting tool displays result of the attack and threat possibilities that were discovered. Benefits of penetration testing such as distinguishing sophisticated vulnerabilities in a specific network or system or device have ensured to gain client’s trust as well as highlight reputation of a business.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the business for future challenges in advance.

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Major players analyzed include Acunitix, Cigital Inc., Checkmarx, Hewlett Packard Enterprise Co., IBM Corporation, Qualys Inc., Rapid7 Inc., Trustwave Holdings Inc., Veracode, and Whitechat Security.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

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Significant rise in mobile based business applications and increase in use of cloud computing platforms are the major factors that drive growth of the penetration testing market. However, high cost of performing the test can hamper the growth of market. Contrarily, government initiatives and enterprises focus on digitalization is the opportunistic factor of the global penetration testing market.

The report offers key drivers that propel the growth in the Penetration Testing Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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The research offers a detailed segmentation of the Penetration Testing Market. Key segments analyzed in the research include Application Type, Organization Size Type, Geography and more. Extensive analysis of sales, revenue, growth rate, and market share of each Application Type, Organization Size Type for the historic period and the forecast period is offered with the help of tables.

Key benefits of the report:

This study presents analytical depiction of global penetration testing industry along with current trends and future estimations to determine imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the penetration testing market share.

The current market is quantitatively analyzed from 2020 to 2027 to highlight the global penetration testing market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the penetration testing market.

The report provides a detailed penetration testing market analysis based on the present and future competitive intensity of the market.

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