Application Security Market 2022 Competitive Analysis- IBM Corporation, Oracle Corporation, Micro Focus International PLC, Contrast Security

Application Security Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Application Security Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Application Security Market all told its geographical and merchandise segments.

The Application Security Market was valued at USD 4.00 billion in 2020 and is expected to reach USD 15.25 billion by 2027, at a CAGR of 25% over the forecast period 2022 - 2027. 

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The Global Application Security Market is highly competitive and consists of a number of Major Key Players are: IBM Corporation, Oracle Corporation, Micro Focus International PLC, Checkmarx Ltd, Veracode (Thoma Bravo), Synopsys, Inc., WhiteHat Security, Inc.( NTT Security Corporation), Rapid7, Inc., Qualys, Inc., SiteLock, LLC, Contrast Security, Positive Technologies, Fasoo.com, Inc. others.

Industry News:

- April 2019 - IBM partnered with the Indian government for securing India's servers on the cloud to protect from cyber attacks and criminals.
- March 2019 - Oracle developed new advanced customer support which will help it thrive in the cloud. The new support will increase the customers cloud performance and compliance.
- October 2018 - Fortinet added FortiWeb, its web-based application solution's virtual machines to support Oracle cloud in their latest release. Through this update, the company expanded its web application security solutions on leading cloud platforms with bring-your-own-license support.

Key Market Trends:

Retail has a Sector Significant Share in the Market
 With the introduction of e-commerce over two decades ago, the retail industry entered into the digital age where the retailers have the opportunity to collect more information about their customers.
- Retail and e-commerce organizations manage large volumes of sensitive data, including credit card information and personal data. This data is increasingly targeted by hackers and there is a rising need to protect it.
- With many connected devices having made their way into the physical stores in the form of kiosks, point-of-sale (POS) systems, and handheld devices, the amount of customer information is increasing rapidly.

North America Accounts for the Largest Market Share
- In the digital age, financial crimes against banks and other financial services institutions are accelerating rapidly. Through 2020, globally, card fraud is expected to increase to USD 183.29 billion.
- The BFSI sector in the United States has more than one exabyte of stored data. This data has been generated from various sources, such as credit/debit card histories, customer bank visits, banking volumes, call logs, account transactions, and web interactions.

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The key insights of the Application Security Market report:

The report provides key statistics on the market status of the Application Security Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Application Security Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Application Security Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Application Security Market Industry before evaluating its feasibility.

Finally, Application Security Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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