Increasing Cyber Breaches to Facilitate the Global Application Security Market Growth

As per a new market research report launched by Inkwood Research, the Global Application Security Market is expected to reach $15970.26 million by 2030, growing with a CAGR of 14.29% during the forecasting period.
Browse 73 market data Tables and 57 Figures spread over 200 Pages, along with in-depth analysis on Global Application Security Market by Security Testing Type, Offering, Application, Organization Size, End-User, and by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Application Security Market Scenario
Application security is an integral requirement across several industrial verticals. The rising trend of adopting web services as well as business process collaboration plays a vital role in propelling the demand for application security solutions.
The global application security market growth is mainly attributable to the increase in cyber breaches, in addition to stringent compliance and by-laws. Over recent years, cyber security and threats have continued to be a matter of utmost concern for governments and the private sector. Furthermore, the surge in e-commerce and developments within the global information technology sector has also resulted in cyber-crimes, leading to substantial financial losses and information thefts. In this regard, as per the Center for Strategic and International Studies estimates, cybercrime costs approximately $400 billion worldwide, every year. In contrast, the market faces several challenges, including the lack of expertise in application security and budget constraints during the implementation process.
The Global Application Security Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Application Security Market by End-User, Organization Size, Application, Offering, Security Testing Type, & by Geography: https://inkwoodresearch.com/reports/application-security-market/#request-free-sample

Market Segmentation
Market by End-User
• Healthcare
• BFSI
• Education
• Retail
• Government
• Other End-Users
Market by Security Testing Type
• Static Application Security Testing
• Dynamic Application Security Testing
• Interactive Application Security Testing
• Runtime Application Self Protection
Market by Application
• Web Application Security
• Mobile Application Security
Market by Organization Size
• Small and Medium Enterprise
• Large Enterprise
Market by Offering
• Service
• Solution

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• SYNOPSYS
• TRUSTWAVE
• WHITEHAT SECURITY
• VERACODE
• CONTRAST SECURITY
• ACUNETIX
• CHECKMARX
• DATA THEOREM
• NSFOCUS
• RAPID7 INC
• HCL TECHNOLOGIES
• PRADEO
• QUALYS INC
• HEWLETT PACKARD ENTERPRISE
• IBM CORPORATION
• MICRO FOCUS
• SITELOCK

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GLOBAL CYBER SECURITY MARKET - The global cyber security market is estimated to reach $322.73 billion by 2028, progressing with a CAGR of 10.34% during the forecasting years of 2021 to 2028.
GLOBAL CYBER WEAPON MARKET - The global cyber weapon market is set to generate net revenue of approximately $65.13 billion by 2027, rising with a CAGR of 4.17% from 2019 to 2027.

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This release was published on openPR.