Press release
Penetration Testing Market to reach USD 5.53 Bn by 2029, emerging at a CAGR of 16.5 percent and forecast 2023-2029
Penetration Testing Market
A comprehensive report on the global Penetration Testing Market provides a detailed analysis of the industry's dynamics, trends, and opportunities. The report covers various segments, including Web Application Penetration Testing, Mobile Application Penetration Testing, Network Penetration Testing, and Others. It also delves into key industries such as Government and Defense, Banking and Finance, offering insights into market shares and growth prospects.
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Penetration Testing Market Research Methodology:
The research methodology employed in this report involves a meticulous examination of industry data, leveraging both quantitative and qualitative analysis. The report employs PORTER and PESTEL analyses to assess market dynamics and factors influencing growth. Micro-economic factors are also considered to provide a holistic view of the market landscape.
What are Penetration Testing Market Dynamics:
A major driver of the global Penetration Testing Market is the strict regulation policies imposed by the government on companies which mandate that companies do penetration tests regularly or they will be penalized. Some popular directives include NIS (Network and Information systems) and SOC (Systems Organization and Control). Another driving factor of the global market is the surge of penetration testing as a service (PTaaS). This helps IT, professionals, to organize and execute penetration tests on different apps.
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Penetration Testing Market Regional Insights:
The North American region emerged as a dominant player in the global Penetration Testing Market, driven by frequent cyber-attacks on critical infrastructures. The APAC region closely follows, with stringent security measures implemented after malware outbreaks. Europe faces challenges due to network disruptions, emphasizing the need for robust penetration testing practices.
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What is Penetration Testing Market Segmentation:
by Type
Web Application Penetration Testing
Mobile Application Penetration Testing
Network Penetration Testing
Other
by Deployment
On-premise
Cloud
by Industry
Government and Defense
BFSI
IT and Telecom
Retail & E-Commerce
Other
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Who are Penetration Testing Market Key Players:
1. WhiteHat Security
2. Checkmarx
3. FireEye
4. Micro Focus
5. Secureworks
6. Rhino Security Labs
7. Immuniweb
8. PortSwigger Web Security
9. iSECURION
10.Core Security SDI Corporation
11.Redteam Security Consulting
12.Context Information Security
13.Rapid7, Inc.
14.Qualys, Inc
15.Veracode
16.Trustwave Holdings, Inc
17.Acunetix
18.Hewlett Packard Enterprise
19.IBM Corporation
20.Cigital Inc
Table of content for the Penetration Testing Market includes:
1. Penetration Testing Market: Research Methodology
2. Penetration Testing Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Penetration Testing Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• MandA by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT and telecom, chemical, food and beverage, aerospace and defense, healthcare and others.
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