Application Security Market by Component (Solution and Services), Deployment Mode (Cloud and On-Premise), Organization Size (Large Enterprises and SMEs), Type (Web Application Security and Mobile Application Security), Testing type (Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), Interactive Application Security Testing (IAST), and Runtime Application Self-Protection (RASP)) Industry Vertical (BFSI, Healthcare, IT and Telecom, Manufacturing, Government and Public Sector, Retail & E-commerce, and Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Application Security Market size is projected to reach a CAGR of 16.2% to 2028.
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Application security encompasses measures taken to improve the security of an application often by finding, fixing, and preventing security vulnerabilities. Different techniques are used to surface such security vulnerabilities at different stages of an application's lifecycle, such as design, development, deployment, upgrade, maintenance.
The rising security breaches targeting business applications, increasing the use of mobile and cloud-based technologies, and stringent compliance and regulatory requirements for application security are some of the factors that have supported long-term expansion for Application Security Market.
Top Companies Profiled: Application Security Market
· IBM Corporation
· Oracle Corporation
· Veracode (Thoma Bravo)
· Synopsys Inc.
· Qualys Inc.
· Cisco Systems
· Checkmarx
· MicroFocus
· WhiteHat Security
· Capgemini
· Rapid7
· Onapsis
· GitLab and More
Application Security Market Segmentations:
On the basis of Component
· Solution
· Services
On the basis of Deployment Mode
· On-Premise
· Cloud
On the basis of Organization Size
· Large Enterprises
· SMEs
On the basis of Type
· Web Application Security
· Mobile Application Security
On the basis of Testing Type
· Static Application Security Testing (SAST)
· Dynamic Application Security Testing (DAST)
· Interactive Application Security Testing (IAST)
· Runtime Application Self-Protection (RASP)
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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The major drivers for the application security market in the Asia Pacific region include the increased frequency of security breaches targeting business applications. Some of the major application vendors catering to Asia Pacific are IBM, Qualys, and Checkmarx. APAC has a good presence of SMEs.
Recent Developments
In September 2020, Micro Focus has introduced Hybrid Cloud Management X, designed to simplify the delivery of multi-cloud services. The offering is a cloud-native, multi-tenant management platform that can run in the public cloud or on-premises.
In June 2020, MicroFocus introduced “Fortify on Demand”, an application security testing services for AWS GovCloud. The service has the ability to offer enhanced testing, and vulnerability management to support critical federal agencies.
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· Assist in making strategic business decisions and investment plans.
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Frequently Asked Questions
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