Press release
Security Testing Market is Expected to Reach a valuation of US$ 27 Bn from 2022 to 2032
The global Security Testing Market was valued at US$ 7.9 Bn in 2021 and is expected to reach US$ 27 Bn by 2032, finds Future Market Insights in a recent market survey. As per the findings of the report, revenue through BFSI is projected to remain the key contributor to revenue.BFSI require the processing of large amounts of very sensitive data, and their software requires frequent testing in order to ensure the safety of this data. The increases in digitalization, home transactions, and remote workers are also expected to drive demand.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2452
United States to Command the Larger Proportion of Security Testing Sales throughout the Analysis Period
The United States is the leading market for Security Testing demand, having witnessed CAGR of 13.7% from 2017 - 2021 and accounting for over 35% of the market demand. The market is expected to grow in the future as well, with a forecasted market value of US$ 9.4 Bn, with an absolute dollar opportunity of US $6.3 Bn. The rise in government regulations requiring testing to promote cybersecurity is the key driver for demand.
"Security Testing providers are closely working on research and development to combat the ever-changing cybercrime techniques of cybercriminals" comments an analyst at Future Market Insights.
Security Testing Market: Competition Insights
At present, Security Testing providers are focused on harnessing new technology and addressing recent cybersecurity breaches. The key companies operating in the market include IBM, SecureWorks, Synopsys, Rapid7, Micro Focus, Cigniti, AT&T, WhiteHat Security, Veracode, Checkmarx, McAfee, Core Security, Parasoft, ScienceSoft, Data Theorem, Kryptowire ,LogRhythm, PortSwigger, ImpactQA, and NowSecure
Some of the recent development in Security Testing are as follows:
In June 2022, Synopsys, Inc. announced the acquisition of WhiteHat Security for US$ 330 Mn. Whitehat is a provider of application security testing SaaS.
In June 2021, HelpSystems and Cybellum announced a partnership to offer an automated automotive security scanning and vulnerability management analysis solution
In April 2021, IBM Security announced a collaboration with HCL Technologies for the unification and streamlining of threat management though an SOC platform.
In August 2021, FireEye introduced FireEye XDR. The platform aims to help security teams to detect and respond to threats in a more efficient and streamlined manner. FireEye Helix offers an integration by offering SOAR and SIEM capabilities via Mandiant-powered threat intelligence.
In July 2020, Checkmarx partnered with Gaming Innovation Group. Through this, GiG developers will be able to access a source code scanning tool to aid in security testing.
In September 2020, Indium Software announced the launching of its unified smart testing platform uphoriX, which combines functional testing, performance testing, security and compatibility. The testing is automated over the cloud and compatible with testing tools.
For More Information or Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-2452
Market Segments Covered in Security Testing Market Analysis
By Type:
Application Security Testing
Network Security Testing
Device Security Testing
Social Engineering
By Deployment Size:
On-premises
Cloud
By Organization Size:
Large Enterprises
SMEs
By Vertical:
SMEs
Large Enterprises
IT
Telecom
Retail and E-Commerce
Education
Others
By Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Future Market Insights Most Trending Reports of Technology -
Distributed Antenna Systems Market - https://www.futuremarketinsights.com/reports/distributed-antenna-systems-market
Embedded Business Intelligence Market - https://www.futuremarketinsights.com/reports/embedded-business-intelligence-market
Legal Services Market - https://www.futuremarketinsights.com/reports/legal-services-market
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
Report Link: https://www.futuremarketinsights.com/reports/security-testing-market
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Security Testing Market is Expected to Reach a valuation of US$ 27 Bn from 2022 to 2032 here
News-ID: 2735710 • Views: …
More Releases from Future Market Insights

Surge in Demand for Medical Plastics: Market Expected to Hit USD 34,553.9 millio …
In the rapidly evolving healthcare sector, medical plastics have emerged as a crucial component, enabling the development of innovative medical devices and applications. These specialized plastics are engineered to meet stringent industry standards, ensuring safety, reliability, and performance in critical medical environments. From surgical instruments to packaging solutions, medical plastics play a vital role in improving patient outcomes and enhancing the efficiency of healthcare delivery.
Make Informed Decisions - Access Your…

Organic Waste-to-Fertilizer: Europe's Quiet Revolution in Decentralized Organic …
The organic fertilizer market has experienced steady growth in recent years, driven by increasing environmental regulations, consumer preference for chemical-free produce, and a robust shift toward regenerative agriculture. While traditional market insights often emphasize the role of large-scale composting and commercial bio-based fertilizers, a quieter revolution is taking shape-decentralized organic fertilizer production from urban and agri-industrial waste. This lesser-discussed segment is reshaping local supply chains, supporting circular economy goals, and…

Rising Demand in Automotive and Construction Drives Coil Coatings Market to USD …
The global coil coatings industry size is forecasted to exhibit a 4.7% CAGR through 2035. The industry's size is predicted to increase from USD 5.8 billion in 2025 to USD 9.2 billion by 2035.
Robust industrial development and thriving construction sector in emerging economies are augmenting the market sales of functional coil coatings. Further, the construction and renovation activities are prominently observed in the Asia Pacific region, thus giving impetus to…

Global Conveyor Belt Market Accelerates Toward Sustainable Process Optimization …
The global conveyor belt market is undergoing a notable transformation, driven by the convergence of automation, sustainability, and lean manufacturing principles. With global industries seeking higher efficiency and greener operations, conveyor belts are no longer mere transport tools-they are pivotal systems for streamlining production, reducing operational waste, and enabling data-driven process optimization.
According to a comprehensive study by Future Market Insights, the global conveyor belt market is projected to be valued…
More Releases for Security
Enhancing Security with Advanced Security Systems: Mammoth Security Inc. Norwalk …
Image: https://www.getnews.info/wp-content/uploads/2024/11/1732666789.jpg
Mammoth Security Inc. Norwalk, a leading security solutions provider, announces comprehensive security services for Norwalk businesses and residents, focusing on effective and accessible solutions for securing properties with cutting-edge technology. As security needs evolve, Mammoth Security Inc. Norwalk meets the demands of its clients by providing high-quality products and services for Norwalk Security System Installation.
Mammoth Security Inc. Norwalk specializes in Norwalk Security System Installation [https://www.google.com/maps?cid=9145166321595150615], allowing clients access to…
International Security Services Market Future of Industry by Regional Analysis- …
The International Security Services market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Aerospace Cyber Security Market : Network security, Wireless security, Cloud sec …
According to a new report published by Allied Market Research, titled, "Aerospace Cyber Security Market," The aerospace cyber security market was valued at $39.7 billion in 2021, and is estimated to reach $92.0 billion by 2031, growing at a CAGR of 9.0% from 2022 to 2031.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/9433
Aerospace cybersecurity is a security driven technology which is dedicated towards the safety & security of aircrafts, spacecrafts and drones…
Private Security Market Worth Observing Growth | PMV Security, T-Force Security, …
The Latest research study released by HTF MI "Global Private Security Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying the importance of different factors that aid market growth. Some of the Major Companies covered in this Research are Securitas,…
Rail and Metro Cyber Security Market : Security Type Network Security, Applicati …
Rail and Metro Cyber Security Market Outlook - 2027
Rail and metro cyber security refers to tools and techniques, which are designed to protect network, devices &programs, and data transferred within or outside the rail or metro. Rail and metro cyber security market includes train tracking &monitoring, checking railway signalling system, damages, and unauthorised access from external entities. Railway cyber security provides security to the railway by two types, infrastructural and…
Residential Security Systems Market Growing Tremendously by 2028 - ADT Security, …
The 'Residential Security Systems Market' study added by Worldwide Market Reports presents a comprehensive analysis of the growth trends present in the global business scenario. The study also provides conclusive data with reference to commercialization aspects, industry size, and profit estimates of the market.
Trends affecting industries in emerging regional sectors are further described in this study. Current findings and recommendations made by analysts for the future growth of the market have…