Application software is the composition of hardware, software and other procedural method to protect an application from external threats. The task of application software is to lower down the risk involved in security in the operations of various applications.
Growing usage of mobile, monetary related application and other advanced technologies have also demanded for the growth in application security solutions. It has its wide application in government & defense, banking, financial services, & insurance, IT & telecom, healthcare, retail, education, and others.
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The application security accounted to USD XX.XX million in 2017 growing at a CAGR of XX.XX% during the forecast period of 2018 to 2025. Global application security market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Some of the major players of the global application security market are
- WhiteHat Security
- Trustwave Holdings, Inc
- Cigital, Inc (A Part of Synopsys)
- Qualys, Inc.
- IBM Corporation
- High-Tech Bridge SA
- Hewlett Packard Enterprise Development LP
- Contrast Security
The report for global application security market include detailed vendor level analysis for market shares for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present application security market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
- Rise in cyber breaches may act as a major driver in the growth of application security market.
- On the other hand lack of awareness about cybersecurity may hinder the market.
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Major Market Drivers & Restraints:
- Outsourcing of IT security model
- Rise in cyber breaches
- Stringent by-laws and compliance requirement
- Budget constraints for implementing Application security
- Stringent by-laws and compliance requirement
- Lack of Awareness About Cybersecurity
- The global application security market is segmented on the basis of component into
The solutions segment is further segmented into
- Web Application Security
- Mobile Application Security
The services segment is further segmented into
- Professional Services
- Managed Services
The professional services segment is further segmented into
- Training And Education
- Support Services
- On the basis of testing segment, the global application security market is segmented into
- On the basis of organization size, the global application security market is segmented into
- On the basis of deployment model, the global application security market is segmented into
- On the basis of vertical, the global application security market is segmented into
- On the basis of geography, the global application security market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
- Static Application Security Testing,
- Dynamic Application Security Testing
- Interactive Application Security Testing
- Large enterprises
- Small & medium-sized enterprises (SMES)
- Government And Defense
- Banking, Financial Services, And Insurance
- It And Telecom
- Education, And Others
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