Press release
Penetration Testing as a Service Market: A Industry Set to Boom with 20.4% CAGR, Expected to Top USD 589.58 Million by 2032
Penetration Testing as a Service Market
The need for penetration testing as a service has grown as a result of the speedy surge in online arrangements, particularly in e-commerce, banking, and fiscal sectors has augmented the probable earmarked pool for cybercriminals. The National Payments Corporation of India (NPCI) registered over 1.49 million deals through the UPI in June 2021. It escalated to 83.75 million deals by 2023. The spread of online deals has caused a compatible escalation in cyberattacks, pushing the demand for the market.
๐๐ก๐๐๐ค ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ: https://www.polarismarketresearch.com/industry-analysis/penetration-testing-as-a-service-market/request-for-sample
Penetration testing as a service (PTaaS) is a configuration of penetration testing that gathers cohesively physical and human testing on a cloud conveyance platform to sanction IT experts to conclude point-in-time and ongoing penetration tests. It permits businesses to advance strong susceptibility handling initiatives so that they can speed up the procedure of recognizing and inscribing susceptibilities and preferable categorization and rectifying security menaces.
๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
Spearheading market contenders are funding massively in research and development to augment their product lines which will assist the market to grow even more. Some of the companies which are currently dominating the penetration testing as a service market are:
โข Acunetix
โข Checkmarx
โข Coalfire Labs
โข Core Security
โข Cyberhunter Solutions
โข Fireeye
โข Hackerone
โข IBM
โข Immuniweb
โข Indium Software
โข Isecurion
โข Micro Focus
โข Netsparkar
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.polarismarketresearch.com/industry-analysis/penetration-testing-as-a-service-market/inquire-before-buying
๐๐๐ง๐๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฌ ๐ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข In terms of vertical, the banking, financial services, and insurance (BFSI) segment accounted for the largest revenue share in the penetration testing as a service market in 2023 due to a significant increase in adoption of online banking, mobile banking applications, and digital payment systems.
โข The cloud-based segment, based on deployment mode, is expected to record a higher CAGR during the forecast period as the shift toward remote work and digital transformation has expedited the adoption of cloud technology, increasing the need for strong cloud security measures.
โข In 2023, North America accounted for the largest share in the penetration testing as a service market due to the high incidents of cyber threats, stringent regulatory requirements, and significant investments in advanced cybersecurity measures across various industries.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข The primary factors propelling the market growth of penetration testing as a service are the escalating acquisition of IoT, surging smartphone demand, and growing internet usage.
โข The penetration testing as a service market analysis is mainly based on deployment mode, offering, testing type, organization size, vertical, and region.
โข North America dominated the market.
โข The market in Asia Pacific will increase as a result of factors such as the escalating security for cloud computing services in the region.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/penetration-testing-as-a-service-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Polaris Market Research has segmented the penetration testing as a service market report on the basis of deployment mode, offering, testing type, organization size, and vertical
๐๐ฒ ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ ๐๐จ๐๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข On-Premises
โข Cloud-Based
๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Solution
โข Managed Services
๐๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฒ๐ฉ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Cloud
โข Mobile Applications
โข Network Infrastructure
โข Social Engineering
โข Web Applications
โข Others
๐๐ฒ ๐๐ซ๐ ๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Large Enterprises
โข Small and Medium Enterprises (SMEs)
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐)
โข Banking, Financial Services, and Insurance (BFSI)
โข Healthcare
โข Retail & Ecommerce
โข Government
โข Energy & Utilities
โข IT & ITES
โข Telecom
โข Other Verticals
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Marketing Automation Market: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market
Industrial Robotics Market: https://www.polarismarketresearch.com/industry-analysis/industrial-robotics-market
Cybersecurity Insurance Market: https://www.polarismarketresearch.com/industry-analysis/cybersecurity-insurance-market
Hospital Electronic Health Records Market: https://www.polarismarketresearch.com/industry-analysis/hospital-electronic-health-records-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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