-- Application Security Market 2019
Description: -
Enterprises are known to have large data repositories that need to be protected from threats. Owing to the implementation of a robust security plan, businesses are adopting aggressive security systems. Application security inculcates the identification, rectification, and securing of security loopholes or avoiding malicious attacks throughout a code’s life cycle. An application security refers to the use of a set of software, hardware, and other means for the protection of an application from external cyber-attacks and threats. Application security aids in bridging the gap within the security system of various enterprise applications. The application security systems are known to mitigate or reduce the security risks that are involved in the operation of various applications such as web and mobile applications.
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Major Key Players
The key players of Application Security market include Veracode, HPE, Synopsys, IBM Corporation, WhiteHat Security, Qualys, Checkmarx, Acunetix, Rapid7, Trustwave, High-Tech Bridge, and Contrast Security.
There are several other factors contributing to the ascension of the global application security market over the forecast period. usage of smartphones has mounted on a rapid pace in the past few years. Owing to this wave, a high penetration of smartphone-based applications is noted. Protection of these applications has led to a rise in the security needs for the applications. Applications that record confidential information like account details and banking and login details of the application user are creating a magnified requirement for application security solutions in the forthcoming years.
Owing to the rapid adoption of online banking and monetary platforms, the demand for application security is estimated to mushroom. Appilcation security software is known to enable the protection of sensitive data that is stored within various applications. Application security systems are vital in the banking sector for the protection of crucial information. Rapid growth in the adoption of internet of things is also fostering the growth noted in the global application security market in the forthcoming years.
Market Segmentation
The global application security market is segmented by solutions, services, testing type, deployment, organization size, end-user, and region. Based on solution, the market segments studied in the report include web application security and mobile-based application security. Based on services, the report has inculcated the market segments of professional and managed services. Based on testing type, the global application security market is studied for the segments of static application security testing, dynamic application security testing, and interactive application security testing, dynamic security testing, and interactive application security testing. Based on deployment, the global application security market is segmented into on-cloud and on-premise. Based on organization size, the market is segmented into small and medium enterprises and large enterprises. By end users, the application security market is segmented into retail, healthcare, education, government and defense, IT and telecom, BFSI, and others.
Regional Analysis
The global application security market is studied for the regions of North America, Europe, Asia Pacific, Latin America, and the MEA. North America was the largest shareholder in the global market in the base year. Rapid growth in e-commerce has provided further impetus to North America’s application security market in the forthcoming years. Upscaling adoption of smartphones and applications is driving growth in Japan, China, India, and South Korea.
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Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Application Security Market, By Solution
6 Global Application Security Market, By Services
7 Global Application Security Market, By Testing Type
8 Global Application Security Market, By Deployment
Continued….
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