Global Security Testing Market Research Report 2014-2024

5/16/2019, 10:35 AM (Source: GlobeNewswire)

Dublin, May 16, 2019 (GLOBE NEWSWIRE) -- The "Global Security Testing Market By Type (Network Security Testing, Application Security Testing & Device Security Testing), By Tools, By Deployment Mode, By End User, By Region, Competition, Forecast & Opportunities, 2024" report has been added to's offering.

The global security testing market is projected to grow at a CAGR of over 16% during the forecast period, on account of surging adoption of cloud-based security solutions and growing need for the protection of valuable assets such as mobile applications.

Increasing trend of bring your own device (BYOD) and Internet of Things (IoT) is expected to drive the market. Moreover, government mandates and norms in application development are likely to positively influence the global security testing market during the forecast period.

The security testing market can be segmented based on type, tools, deployment mode and end-user. Based on the type, the market can be segmented into network security testing, device security testing and application security testing. Organizations are deploying application security testing solutions in order to secure mobile and web applications.

Moreover, increasing penetration of IoT involves large number of connected applications that are susceptible to various threats, as a result pushing the demand for security testing. Security testing solutions can be deployed on-premise and cloud. The demand for cloud deployment mode is likely to increase in the coming years, as it offers cost-effective and time-effective features.

The security testing market caters to various end-users like retail, BFSI, IT & telecom, government and others. Government and BFSI are the major segments in global security testing market, as the critical data and applications used by verticals are prone to advanced threats.

In 2018, North America, followed by Europe, dominated the global security testing market due to early adoption of the technology in economies like the US and Canada and presence of leading players in the region.

Major players operating in the global security testing market are Cisco Systems, Inc., Hewlett Packard Enterprise Company, IBM Corporation, Accenture PLC, SecureWorks, Checkmarx Ltd., Veracode, Inc., Applause App Quality, Inc., WhiteHat Security, Intertek Group Plc. and Qualys, Inc.

Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. IBM Security and Check Point Software Technologies Ltd. have entered into a strategic alliance on managed security services (MNS), advanced mobile protection, integrated event management and shared threat intelligence.

Years considered for this report:

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast the global security testing market size.
  • To classify and forecast the global security testing market based on type, tools, deployment mode, end-user and regional distribution.
  • To identify drivers and challenges for the global security testing market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global security testing market.
  • To conduct the pricing analysis for the global security testing market.
  • To identify and analyze the profile of leading players operating in the global security testing market.

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Major Macro factors driving adoption of security testing
4.2. Key benefits of security testing
4.3. Effectiveness of security testing during software development life cycle
4.4. Selecting criteria of security testing
4.5. Key Software security parameters validated using security testing

5. Global Security Testing Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.3. By Type (Network Security Testing, Application Security Testing and Device Security Testing)
5.3.1. By Tools (Penetration Testing Tools, Web Testing Tools, Automated Testing Tools and Code Review Tools)
5.3.2. By Deployment Mode (Cloud and On-premise)
5.3.3. By End User (Government, Retail, BFSI, IT & Telecom and Others)
5.3.4. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
5.3.5. By Company (2018)
5.4. Market Attractiveness Index

6. North America Security Testing Market Outlook

7. Europe Security Testing Market Outlook

8. Asia-Pacific Security Testing Market Outlook

9. Middle East & Africa Security Testing Market Outlook

10. South America Security Testing Market Outlook

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles Hewlett Packard Enterprise Company SecureWorks IBM Corporation Accenture PLC Cisco Systems Inc. Checkmarx Ltd. Veracode Inc. Applause App Quality Inc. WhiteHat Security Intertek Group PLC
(Note: The companies list can be customized based on client requirements)

14. Strategic Recommendations

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Related Topics: IT Security


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