Application Security Market Insight: Trend, Growth, Outlook, and Forecast 2029

 Application Security Market Growth Statistics:   

From 2022 through 2029, the MMR research Global Application Security Market explores the market in full. According to a detailed assessment of the commercial effects of the coronavirus outbreak and the resulting economic crisis, Application Security Market was valued at USD 8.34 Billion in 2022, and it is expected to reach USD 24.56 Billion by 2029, exhibiting a CAGR of 16.68% during the forecast period (2023-2029)

For detail insights on this market, request for methodology here @ : https://www.maximizemarketresearch.com/request-sample/108296

Application Security Market Dynamics:

  • Cyber Risk Managed Services: With digital transformation, cyber risk managed services are driving the need for application security. Many organizations are using web and mobile applications to reach consumers, but inadequate security measures lead to cyber-attacks. Traditional security approaches are not effective, and a robust approach is needed to adapt to dynamic applications.

  • Multi-Faceted Approach: Securing applications requires integrating security at various stages of development. Incorporating security strategically identifies vulnerabilities early on and provides layered protection throughout the software development lifecycle.

  • Increasing Adoption of Security Tools: Modern application security tools are integrated into Continuous Integration/Continuous Deployment (CI/CD) pipelines. They empower scanning activities to occur earlier in the development process, avoiding security gates and focusing on building security guardrails.

  • Security Breaches: As businesses adopt digital initiatives, security breaches are on the rise. The adoption of web applications has become a focus for cybercriminals. Protecting customer, partner, and employee-facing applications is essential for preventing security breaches.

  • Unused Apps: Underutilized online and mobile applications pose a security threat. Unused software can still access files and data, making application security crucial.

Leading Market Players: - 

• IBM(US)• Hewlett Packard(US)• Qualys, Inc(US)• WhiteHat Security, Inc(US)• Veracode(US)• Oracle Corporation(US)• Fortinet Inc.(US)• Synopsys Inc(US)• Lookout(US)• Cisco Security Systems(US)• Checkmarx(US)• Rapid7(US)• Onapsis(US)• NowSecure(US)• HCL(India)• MicroFocus(UK)• Capgemini(France)

These important companies in the international Application Security Market industry are thoroughly examined in the report. To grow their market share and maintain dominating positions in various geographies, these businesses have implemented a variety of strategies, including new product releases, collaborations, expansion, joint ventures, agreements, and others. The study is significant in that it highlights company performance, operating segments, product portfolio, and strategic actions made by market participants to illustrate the competitive environment.

What is Application Security Market Segmentation:

Global Application Security Market Size, by Solution (2023-2029)

• Web Application Security
• Mobile Application Security

In terms of solutions, the web application security market dominated in 2022. The integration of application security solutions is mostly due to the widespread use of web application security in defending online services or websites from attacks or breaches. Web application security aims to safeguard sensitive information-containing content on websites. Web application tools make it simpler to access flaws and locate dangers. Enterprise web application security is vital and has a significant impact on market growth as security breaches increase. Organisations need a strong, integrated web application security platform as new directions develop and attacks become more frequent and sophisticated. Vendors want to make sure that each instrument integrates with the others to effectively detect and block a variety of threats.

Global Application Security Market Size, by Testing Type (2023-2029)

• Static Application Security Testing (SAST)
• Dynamic Application Security Testing (DAST)
• Interactive Application Security Testing (IAST)
• Runtime Application Self-Protection (RASP)

The application security market report comprises market size figures for each sub-segment based on testing type and also offers an analysis of the segment that has a dominant share. Security is now emphasised as a key component in software development due to the prevalence of cyberattacks on software applications. Nowadays, traditional software development lifecycle (SDLC) processes are giving way to the use of security-integrated development lifecycles. Due to their limited understanding of application logic and configuration, classic perimeter devices like Web Application Firewalls (WAF) and Intrusion Prevention/Detection Systems (IPS/IDS) are no longer adequate for providing protection. RASP functions within the programme, creating application context and assisting in accurate attack visibility and blocking without unintentionally obstructing valid requests.

Global Application Security Market Size, by Deployment (2023-2029)

• Cloud
• On-premise

Global Application Security Market Size, by End-Users (2023-2029)

• BFSI
• Government and defense
• Healthcare
• IT & Telecom
• Manufacturing
• Retail

Please connect with our representative, who will ensure you to get a report sample here @ :

Regional Analysis

North America: This region held a significant share in 2022, driven by an increasing number of security breaches targeting business applications. The government's influence and growing financial crimes also boost application security demand.

Asia Pacific: Emerging as a market for application security integration, the Asia Pacific region is driven by increasing internet users, adoption of IoT devices, and industry regulations for security.

Key Questions answered in the Application Security Market Report are:

  • What factors are affecting the Application Security market growth?
  • Who are the key players of the Application Security market?
  • Which company held the largest share in the Application Security market?
  • What will be the CAGR of the Application Security market during the forecast period?
  • What key trends are likely to emerge in the Application Security market in the coming years?

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.

⮝ 444 West Lake Street, Floor 17,

      Chicago, IL, 60606, USA.

✆ +1 800 507 4489

✆ +91 9607365656

Related Reports : 

Solar Bus Market https://www.maximizemarketresearch.com/market-report/solar-bus-market/186974/ 

Ice cream Machine Market https://www.maximizemarketresearch.com/market-report/ice-cream-machine-market/78649/ 

Comments

Post a Comment

Popular posts from this blog

Innovations and Advancements in Electrosurgery: Global Market Analysis and Forecast

  Electrosurgery Market Overview The Market overview of the  Electrosurgery  industry reveals a comprehensive analysis of its intricate dynamics. The report presents global, regional, and national Market revenue forecasts, emphasizing segment and region-wise sales projections. Notably, the report highlights the intense rivalry within the industry, making it a must-read for industry players seeking to stay ahead of the competition. Electrosurgery Market Report Scope and Research Methodology The report provides an extensive Market-oriented and commercial analysis of the Electrosurgery Market using a variety of research techniques. The analysis covers various aspects of the Market, including region, revenue, financial status, portfolio, technological advancement, and mergers and acquisitions. Additionally, the report conducts research on new entrants and existing players in the Electrosurgery Market to identify their growth prospects and future business outlooks. The analysis provided in
Read more

Crackers Market Top Companies, Trends by Types and Application, Forecast to 2027

Image
  Crackers Market   size was valued at US$ 20.60 Bn. in 2020 and the total revenue is expected to grow at 4.8% through 2021 to 2027, reaching nearly US$ 28.60 Bn.   Crackers  Market Overview: This report discusses the market growth drivers and obstacles for the manufacturer, as well as a review of the significant trends in the market's business strategies, procedures, and financially sound and expand approach. Customization is also possible to meet the needs of individual customers, as well as a complete understanding of market potential. The  Crackers  Market provides a comprehensive overview of the market's competitive landscape and main merchants. This report can assist with structural planning in light of current industry conditions. Request for free sample: https://www.maximizemarketresearch.com/request-sample/114649 Market Scope: According to the forecast period 2021-2027, the Crackers  market is expected to grow at a steady rate of xx % between 2021 and 2027. The market
Read more

Chocolate Inclusions & Decorative Market Trends: Artisanal and Customization Preferences

  Comprehensive Chocolate inclusions & Decorative Market Study: Maximize Market Research (MMR) conducts an exhaustive examination of the “ Chocolate inclusions & Decorative Market ”, meticulously analyzing each sector while considering prevailing global and regional trends. This report presents a well-rounded market overview by extensively covering the primary drivers and significant restraints. It is meticulously organized into distinct sections, providing insights into Products, Applications, Retailers, and Regions to facilitate a thorough comprehension of the Chocolate inclusions & Decorative market. Moreover, the report furnishes long-term industry projections for the Chocolate inclusions & Decorative Market, empowering stakeholders with insightful data for strategic decision-making. Chocolate inclusions & Decorative Market Anticipated Growth: The Global Chocolate inclusions & Decorative Market size is expected to reach nearly US$ 676.27 Mn by 2022 with the
Read more