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Penetration Testing Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

05-14-2024 02:07 PM CET | Health & Medicine

Press release from: Orion Market Research

Penetration Testing Market Size, Trends, Latest Insights,

The global penetration testing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The primary factors driving the growth of the penetration testing market are raising cyber-attacks and the growing number of connected devices.

According to the NTSC (National Technology Security Coalition) in 2020, Capital One, one of the largest banking institutions in the US, suffered a massive data breach, exposing the personal information of over 106 million credit card applicants between 2005 and 2019.

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Further, the NTSC report disclosed that Over 770 million email addresses and 21 million unique passwords were exposed in a popular hacking forum after being hosted in the cloud service MEGA. It became the single largest collection of breached personal credentials in history. These cyber-attacks are playing a crucial role in the compelling organization for security services including penetration testing, and it is anticipated to tremendously drive the penetration testing market.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Deviation from the pre-COVID-19 forecast
• Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Penetration Testing Market Report Segment

By End-User

• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Information Technology (IT)
• Telecom
• Education
• Retail and eCommerce
• Others (Social Media, Energy, and Transportation)

By Testing Service

• Web application
• Mobile application
• Network Infrastructure
• Social Engineering
• Cloud
• Others (Wireless, IoT & Embedded)

By Deployment Mode

• Cloud
• On-premises

By Organization Size

• Large Organization
• Medium and Small Organizations

A full report of Penetration Testing Market is available at:

Global Penetration Testing Market Report Segment by Region

North America

• United States
• Canada


• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe


• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Acunetix, Ltd.
• Checkmarx, Ltd.
• Cisco Systems, Inc.
• FireEye, Inc.
• HackerOne, Inc.
• Hewlett Packard Enterprise Development LP
• IBM Corp.
• ISECURION Technology & Consulting Pvt. Ltd.
• Micro Focus International plc
• PortSwigger, Ltd.

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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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Media Contact:

Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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