Application Security Market Size, Status and Forecast 2022: Qualys, Inc., Rapid7, Inc, Synopsys, Acunetix, Checkmarx, Contrast Security

Application security is the use of hardware, software and technical methods to safeguard applications from various types of external threats. It comprises of identifying, rectifying and securing the security ambiguities or arresting malicious attacks, during a specific code’s life cycle. Application security assists in bridging gaps in-between the security systems of applications pertaining to several enterprises. These systems extenuate or lessen the risk of security that is involved in the functioning of several applications like web and mobile applications.

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Varied technical procedures are used to operate such security vulnerabilities at various stages of an application lifecycle like development, design, upgrade, employing and maintenance. Globally, use of smartphones have increased enormously, due to this there is escalated penetration of supplications which support smartphones. Safeguarding such applications has become crucial and application security systems are used widely for this purpose.

By 2022, the global application security market is predicted to touch USD 9.0 billion, from USD 2.79 billion in 2017, thereby registering itself at a substantial Compound Annual Growth Rate (CAGR) of 26.4%. Factors such as the growing urge to shield enterprise applications and information data from advanced application layer attacks, need to stick to several governments’ regulations, and elevated use of third party applications, are responsible for the growth of application security market on a global level. Hence, many organizations are taking over enhanced application security testing solutions that are primarily characterized into dynamic, static and interactional application security testing.

Fast emergence in the total number of Internet of Things (IoT) depending on applications has been an additional factor for the lucrative growth of this market industry. Increasing apprehensions pertaining to security breaches of many business applications is also estimated to escalate the growth of this market. In the recent years, interactive application security testing (IAST) or hybrid analysis that renders competitive benefit like determining breaches of security code and detection of false inputs has escalated. These factors are accountable for most potential driving forces to this market industry.

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There has been a global rise in the malicious attacks on many sectors’ consumer applications; this will eventually increase the demand for the global application security market during the forecast period. Escalating demands pertaining to security has propelled the giant software and services companies to invest in application security systems. However, increasing competition amongst the IT companies that leads to this market becoming more competitive, might hinder the global growth.

The major market manufacturers of the global application security market are International Business Machines (IBM) Corporation, Synopsys, Trustwave Holdings, Fasoo, High-Tech Bridge, Checkmarx, Whitehat Security, Hewlett Packard Enterprise (HPE) Company, Contrast Security, Rapid7, Inc, Pradeo, Qualys, Inc., Veracode, Sitelock, and Acunetix.

Geographically, the global market of this industry has been segmented into regions such as North America (Canada and U.S.), Latin America (Peru, Chile, Mexico, Brazil, others), Eastern Europe (Russia and Poland), Western Europe (France, U.K., Germany, Belgium, Nordic countries, Netherlands, and Luxembourg), Middle East and Africa (GCC, Southern Africa, and North Africa), and Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand). Based on the product type, this market is split into mobile application security and web application security. Lastly, the end user application of the application security market are IT and telecom, BFSI, retail, government and defense, healthcare, education and others.

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Table of Contents

1 Industry Overview of Application Security
1.1 Application Security Market Overview
1.1.1 Application Security Product Scope
1.1.2 Market Status and Outlook
1.2 Global Application Security Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Application Security Market by Type
1.3.1 Web application security
1.3.2 Mobile application security
1.4 Application Security Market by End Users/Application
1.4.1 Government and defense
1.4.2 BFSI
1.4.3 IT and telecom
1.4.4 Healthcare
1.4.5 Retail
1.4.6 Education
1.4.7 Others

2 Global Application Security Competition Analysis by Players
2.1 Application Security Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 Fasoo
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Application Security Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 Hewlett Packard Enterprise (HPE) Company
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Application Security Revenue (Value) (2012-2017)
3.2.5 Recent Developments
3.3 International Business Machines (IBM) Corporation
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Application Security Revenue (Value) (2012-2017)
3.3.5 Recent Developments
3.4 Qualys, Inc.
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Application Security Revenue (Value) (2012-2017)
3.4.5 Recent Developments
3.5 Rapid7, Inc
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Application Security Revenue (Value) (2012-2017)
…

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