Penetration Testing Software Market Innovations, Technology Trends and Research Report 2028| Industry CAGR of 14.4%

Premium Market Insights recently introduced Penetration Testing Software Market Size, Share, Growth, Trends, Industry Demand and Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Enterprise Size and Application," the market was valued at US$ 1,580.4 million in 2021 and is projected to reach US$ 4,045.2 million by 2028; it is expected to grow at a CAGR of 14.4% from 2021 to 2028. Global Image Analysis Software Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry. This report showcases the latest trends in the global and regional markets on all critical parameters which include technology, supplies, capacity, production, profit, price, and competition.

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Market Overview

The increasing popularity of Penetration Testing-as-a-Service (PTaaS) and remote working has led to a rise in cloud-based penetration testing. PTaaS allows IT professionals to conduct continuous penetration testing and take action based on the results. It involves an ongoing cycle of testing and remediation, reflecting the need for a continuous testing and management program to address changing security risks. PTaaS includes continuous security management, frequent vulnerability scanning, and automatic tracking of changes to provide traceability of application security improvements. Outsourcing penetration testing offers the benefit of staying up-to-date with the latest cyber tools and trends in the penetration testing software market.

Top Key Players of Penetration Testing Software Market Report are
• Acunetix
• Bugcrowd
• Defendify
• HackerOne
• Intruder Systems Ltd
• Netsparker Ltd.
• Pentest-Tools.com
• Rapid7
• Veracode, Inc.
• HelpSystems
• ….

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The report also focuses on global major leading industry players of Global Penetration Testing Software market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. With tables and figures helping analyze worldwide Global Penetration Testing Software market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The Global Penetration Testing Software market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.

Market Segmentation

The penetration testing software market is categorized based on type, application, enterprise size, and geography. It is divided into two main types: cloud-based and on-premises, with the former leading the market and accounting for a larger share in 2021.

Cloud-based penetration testing offers various advantages such as cost-effectiveness, scalability, and flexibility, allowing organizations to scale up and down their testing needs based on their requirements. Cloud-based solutions do not require organizations to purchase, set up, and maintain their hardware, saving significant upfront costs. Additionally, the cloud-based model allows organizations to access the testing software from anywhere, anytime, and on any device, making it an attractive option for remote teams. Finally, cloud-based penetration testing software providers often offer additional security features, such as data encryption and redundancy, to safeguard sensitive data. These benefits make cloud-based penetration testing software a preferred option for many organizations. The penetration testing software market is also segmented by application, including web application, network infrastructure, mobile application, social engineering, and others.

In 2021, the web application segment led the market and held the largest market share. The penetration testing software market is segmented by enterprise size into large enterprises and SMEs. Geographically, the market is divided into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM), with North America holding the largest market share in 2021.

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Impact of COVID-19
After the emergence of COVID-19, companies globally adopted a cloud-based work-from-home culture. This led to employees accessing company information through unsecured personal devices like laptops, tablets, and cellphones, creating an opportunity for attackers. To ensure security, remote working environments require remote security assessments. Experts predict that some organizations will continue working from home even after the pandemic, creating opportunities for PTaaS and remote work security evaluations. This is expected to drive growth in the penetration testing software market in the future. Despite the challenges that organizations faced during the Covid-19 pandemic, the penetration testing software market has continued to grow steadily. Healthcare workers have adopted various communication channels, such as chats, emails, phones, and video calls, to provide remote treatment to patients, preventing the spread of the virus. This has led to an increase in the use of penetration testing tools to secure online transactions and conversations. Additionally, many organizations have adopted penetration testing software to enhance security during the chaotic pandemic environment, further contributing to the market's growth.

Strategic Points Covered in Table of Content of Global Penetration Testing Software Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Penetration Testing Software market

Chapter 2: Exclusive Summary - the basic information of the Penetration Testing Software Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Penetration Testing Software

Chapter 4: Presenting the Penetration Testing Software Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region

Chapter 6: Evaluating the leading manufacturers of the Penetration Testing Software market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2028).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Penetration Testing Software Market is a valuable source of guidance for individuals and companies in decision framework.

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