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Application Security Market: at a Compound Annual Growth Rate (CAGR) of 26.4%

07-07-2017 11:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports and Reports

Application Security Market

Application Security Market

Application Security Market by type 2017-2022 by Service spreads across 154 pages profiling 15+ companies and supported with 72 tables and 66 figures available at

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“Increased sophistication of cyber-attack techniques is driving the growth of the application security market.”
ReportsandReports expects the global application security market to grow from USD 2.79 billion in 2017 to USD 9.0 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.4%. As attackers have shifted their focus from traditional network layer attacks to application layer attacks, the demand for application security solutions is expected to increase to cater to the growing challenges posed by these threats. Furthermore, the evolution of the Internet of Things (IoT) and increasing digitalization of industrial sectors in emerging economies, such as Asia Pacific (APAC) and Middle East and Africa (MEA), are expected to provide huge growth opportunities to application security solution vendors in the next 5years. Lack of cyber security awareness and budget constraints are the restraining factors for the market.

“Mobile application security is expected to have a higher growth rate than web application security during the forecast period.”
Mobile application security is expected to have a higher growth rate than web application security during the forecast period. Increasing number of smart phone users, the adoption of the Bring Your Own Device (BYOD) trend and growing enterprise mobility needs are driving the growth of the mobile application security market. However, web application security is expected to have a larger market size than mobile application security during the forecast period, due to its increasing usage in business operations.

Application Security Market Analysis, By Component

Web Application Security
Mobile Application Security
Professional Services
Training and Education
Support Services
Managed Services

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Fundamentals of Table of Content:

7 Application Security Market Analysis, By Testing Type

7.1 Introduction
7.2 Static Application Security Testing
7.3 Dynamic Application Security Testing
7.4 Interactive Application Security Testing

8 Application Security Market Analysis, By Deployment Mode

8.1 Introduction
8.2 Cloud
8.3 On-Premises

9 Application Security Market Analysis, By Organization Size

9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium Enterprises

13 Company Profiles

(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
13.1 Fasoo
13.2 Hewlett Packard Enterprise (HPE) Company
13.3 International Business Machines (IBM) Corporation
13.4 Qualys, Inc.
13.5 Rapid7, Inc.
13.6 Synopsys, Inc.
13.7 Acunetix
13.8 Checkmarx Ltd.
13.9 Contrast Security
13.10 High-Tech Bridge
13.11 Pradeo
13.12 Sitelock, LLC
13.13 Trustwave Holdings, Inc. (Singtel)
13.14 Veracode, Inc. (Ca, Inc.)
13.15 Whitehat Security

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

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