Security Testing Market Trends, Regulations And Competitive Landscape Outlook to 2026
Security Testing Market: Drivers and Restraints
The rising demand for protection of software bound valuable properties such as mobile and web applications is the major driver for the growth of global security testing market. The emerging trends of Internet of Things (IoT) and Bring Your Own Device (BYOD) has led to rise in application development, which is anticipated to drive the consumption of security testing tools and services. The government regulations and norms in software development is expected to boost the growth of security testing market. The increasing adoption of application security testing by organisations to detect Advanced Persistent Threat (APT) and vulnerabilities is expected to drive the growth of security testing market.
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Security Testing Market: Segmentation
On the basis of product type,the global security testing market can be segmented as follows:-
On the basis of deployment type,the global security testing market can be segmented as follows:-
On the basis of end-use industry,the global security testing market can be segmented as follows:-
IT & Telecom
Media and Entertainment
Security Testing Market: Region Wise Outlook
The global security testing market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). North America holds significant share in security testing market, owing to the technological advancements in IT industry. Western Europe also accounts for significant share in global security testing market. This attributed to rise in adoption of Bring Your Own Device (BYOD) in different organisations in the region. APEJ is anticipated to register high CAGR during the forecast period. The rising investment in the enhancing the security features across various industry verticals is expected to drive the growth of security testing market in the region. Japan holds major share in the development and production of mobile devices, which is a significant factor for the growth of security testing market in the country.
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Security Testing Market: Key Players
Some of the key players in the global security testing market are as follows:
Cisco Systems, Inc.
Applause App Quality, Inc.
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