Runtime Application Self-Protection Market Information, Demand and Revenue Statistics and Business Forecast to 2021

Market Research Future, with their unique quality of simplifying the Market Reports, presents yet another extensive study Report - “Global Runtime Application Self-Protection Market”– Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022

Runtime Application Self-Protection Global Market - Overview:

Runtime Application self-protection is a next generation security feature, which is associated with the runtime application. Modern security consists of various loopholes and fails to protect all the apps. Runtime application self-protection is capable of self-diagnostics and self-protection of apps in real time. Increasing cybercrimes high proliferation rate in the mobile security are the key drivers for this market.

According to the Scholar (MRA) of Market research Future, the Global Runtime Application Self-protection (RASP) Security market will witness growth at a great deal with a record breaking CAGR during the forecast period. The increasing need to improve the quality of security is one of the primary factors driving this market’s growth. Detecting advanced network attacks, especially the ones that directly target application for data thefts is quite a Task for organizations. Moreover, the majority of companies use complex web applications for their everyday business processes, which has greatly boosted the demand for advanced security solutions.

Additionally, the volume of data in organizations including records, web-log files, and social networks is growing significantly. As financial assets mostly exist in the form of digitized information, organizations in the BFSI sector require RASP security solutions to prevent fraud and unauthorized payments and to track the large volumes of data generated efficiently states the Scholar of MRFR.

Runtime Application Self-Protection Global Market: Key Players

RASP Global Market key players are- Veracode (U.S.), Waratek (Ireland), Cigital, Inc. (U.S.), Wipro (India), Optiv Inc (U.S), Hewlett-Packard (U.S.), WhiteHat Security (U.S.), and other prominent players include of VASCO Data Security International, Inc. (U.S.), IMMUNIO (Canada), Prevoty (U.S.), Promon AS (Norway) among others.

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Runtime Application Self-Protection Global Market: Industry News

• In July 2016, VASCO Data Security International, Inc. announced the strategic investment in Promon AS, a leader in the runtime application self-protection.
• In February 2016, WhiteHat Security announced the partnership with Ciber for the purpose of securing mission critical applications.

Runtime Application Self-Protection Global Market – Report Segments:

Global Runtime Application Self-Protection Market report is primarily been segmented in to 3 dynamics to give us a better understanding of the Market.

• Segmentation by Solution: Network/Cloud Based & Server/Application Based.
• Segmentation by Domain: SMEs & Large Business Units
• Segmentation by End Users: BFSI, Manufacturing, Retail, IT and Telecommunication among others.

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Runtime Application Self-Protection Global Market - The Intended Audience

Report is advantageous mainly to the following Entities:

• Banking Industry
• Manufacturing Industry
• Software Development Companies
• Virtual Security Providers

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Runtime Application Self-Protection Market: Regional Analysis

Currently, North America is dominating the market of Runtime Application Self-Protection slicing a greater share of market size. High cyber security threats to the North American countries and heavy investment in making the application safe are driving the market of Runtime Application Self-Protection. North America Runtime Application Self-Protection market has been valued at millions of USD in the year 2015. North America will continue to dominate the global market during the forecasted period.

“Europe holds the Position of Second Biggest Market”

Asia-Pacific holds third biggest position in the global market. Growing economy and financial sector of Asian countries are becoming the easy target for the hacker and application protection in real time becomes very important. Asia pacific Runtime Application Self-Protection market has been valued at large in terms of finance. This is expected to immensely grow further lion by the end of forecasted period.

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