Outsourcing IT Models to Push the Global Application Security Market

According to a new market research report launched by Inkwood Research, the Global Application Security Market will witness a CAGR of 14.81% over the forecasting years and is anticipated to generate around $12418.98 million by 2028

Browse 67 market data Tables and 56 Figures spread over 200 Pages, along with in-depth analysis on Global Application Security Market by Solution, Service, Deployment, Organization Size, Testing Type, End-User & by Geography

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

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 a precautionary measure that helps in the identification or minimizing of security vulnerabilities. It is installed in the form of software, hardware, and procedure, with the aim to protect the code or data stored in the app from being hijacked or stolen.

Based on the estimates from the Center for Strategic and International Studies, per year cybercrime costs around $400 billion globally. In addition, the expanding business of enterprises beyond desktops and on-site data centers to include cloud networks and remote & mobile workers has provided cybercriminals opportunities to attack and steal vital information. Therefore, businesses and governments around the world are in search for better cyber defend strategies.
The global application security market will propel in the coming years due to critical factors, such as a rise in outsourcing IT models, growing cyber breaches, and stringent compliance & by-laws.
However, factors such as budget constraints and lack of expertise are some of the growth restraints majorly impacting the market globally.

The Global Application Security Market report provides data tables and includes charts and graphs for visual analysis.

Market Segmentation

Market by Solution
• Mobile Application Security
• Web Application Security

Market by Service
• Professional
• Managed

Market by Deployment
• On Premise
• Cloud

Market by Organization Size
• Large Enterprise
• Small and Medium Enterprise

Market by Testing Type
• RASP
• DAST
• SAST
• IAST
• Others

Market by End-User
• BFSI
• Healthcare
• Government and Defense
• IT & Telecom
• Retail
• Manufacturing
• Others

Report Highlights

- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, 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 2028

Companies Profiled

• N-STALKER
• QUALYS INC
• WHITEHAT SECURITY
• HEWLETT PACKARD ENTERPRISE
• CONTRAST SECURITY
• NSFOCUS
• RAPID7 INC
• IBM CORPORATION
• PRADEO
• CHECKMARX
• TRUSTWAVE
• VERACODE
• SYNOPSYS
• SITELOCK
• ACUNETIX

Related Reports

GLOBAL MOBILE SECURITY MARKET - Global mobile security market is growing at a CAGR of 13.88% during the forecast period
https://inkwoodresearch.com/reports/mobile-security-market/

GLOBAL SECURITY TESTING MARKET - Global security testing market is growing at 23.76% of CAGR during the forecast period.
https://inkwoodresearch.com/reports/security-testing-market/

GLOBAL CYBER SECURITY MARKET - Global cyber security market will rise at a CAGR of 10.34% during the forecast period.
https://inkwoodresearch.com/reports/cyber-security-market/

GLOBAL NEXT GENERATION FIREWALL MARKET - Global next generation firewall (NGFWs) market to evolve at a CAGR of 12.18% over the forecast period.
https://inkwoodresearch.com/reports/global-next-generation-firewall-market-forecast/

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This release was published on openPR.