“IBM (US), HCLTech (India), Synopsys (US), OpenText (UK), Cigniti (US), Qualitest (UK), Intertek (UK), DXC Technology (US), eInfochips (US), Checkmarx (US), HackerOne (US), Invicti (US), DataArt (US), Cobalt Labs (US), Trustwave (US), Contrast Security (US), Veracode (US), Qualys (US), OffSec (US).”
Security Testing Market by Type (Network, Application, Device, Social Engineering), Network Security Testing (Penetration Testing, Vulnerability Scanning, Firewall), Application Testing Tools (RASP, SAST, DAST, IAST) – Global Forecast to 2029.
The size of the global security testing market is expected to increase at a Compound Annual Growth Rate (CAGR) of 24.7% from USD 14.5 billion in 2024 to USD 43.9 billion by 2029. Security testing is growing as a result of the increasing sophistication and frequency of cyberattacks, which compel businesses to proactively identify and fix vulnerabilities. The market is also growing because of the need for regular security testing to guarantee compliance and safeguard sensitive data because of stringent regulatory regulations like GDPR, HIPAA, and PCI DSS.
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Based on the application testing tools, SAST accounts for the highest market size during the forecast period.
The adoption of Static Application Security Testing (SAST) tools is increasing as organizations prioritize secure software development. SAST tools enable developers to identify and fix security vulnerabilities early in the coding process, reducing the risk of security flaws in production. This shift is driven by the growing emphasis on integrating security into the software development lifecycle (SDLC) and the need to comply with stringent security standards. As a result, more companies are adopting SAST tools to enhance code security, improve development efficiency, and ensure that applications are robust against cyber threats from the outset.
By Application security testing type, web application security testing accounts for the highest market size during the forecast period.
The adoption of web application security testing is growing as organizations increasingly rely on web-based platforms for business operations and customer interactions. With the rise in cyber threats targeting web applications, such as SQL injection and cross-site scripting (XSS), companies are prioritizing security testing to identify and mitigate vulnerabilities before they can be exploited. This proactive approach is driven by the need to protect sensitive data, ensure compliance with regulations, and maintain customer trust in an environment where web applications are a critical part of the business landscape.
By Region, Asia Pacific will grow at the highest CAGR during the forecast period.
The adoption of security testing services in the Asia Pacific region is rapidly increasing due to the region’s expanding digital economy and the rising threat of cyberattacks. As businesses in Asia-Pacific embrace digital transformation and cloud computing, the need to identify and address vulnerabilities in their systems has become crucial. Regulatory pressures and growing awareness of cybersecurity risks are also driving organizations to invest in security testing solutions to ensure the resilience of their IT infrastructure and protect sensitive data from breaches. This trend is further fueled by the region’s diverse and complex threat landscape, prompting a proactive approach to cybersecurity.
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Unique Features in the Security Testing Market
Security testing tools are increasingly integrated into DevSecOps workflows, enabling continuous testing throughout the software development lifecycle. This shift allows organizations to identify and remediate vulnerabilities early in the coding phase, improving application security and reducing time-to-market.
Modern security testing platforms utilize artificial intelligence (AI) and machine learning (ML) to enhance threat detection. These technologies analyze vast amounts of data, recognize complex attack patterns, and predict potential vulnerabilities, leading to faster and more accurate identification of risks.
With the growing adoption of cloud computing, security testing solutions are evolving to provide robust testing for cloud-native applications, containers, and serverless architectures. Cloud-based security testing offers scalability, on-demand access, and supports hybrid and multi-cloud environments effectively.
The market now demands end-to-end testing that spans various layers — including web, mobile, APIs, networks, and IoT devices. Comprehensive solutions offer static, dynamic, and interactive application security testing (SAST, DAST, IAST), ensuring a thorough security assessment across platforms.
Major Highlights of the Security Testing Market
The security testing market is experiencing significant growth due to the surge in sophisticated cyberattacks targeting critical infrastructure, applications, and data. Organizations are increasingly prioritizing proactive security testing to safeguard against threats like ransomware, data breaches, and zero-day vulnerabilities.
There is a marked transition from traditional manual testing to automated and continuous testing models. This evolution is driven by the need for faster development cycles and real-time security feedback, especially in Agile and DevSecOps environments.
The widespread adoption of cloud computing and mobile-first strategies has led to heightened demand for security testing across diverse platforms. Tools now cater to SaaS, PaaS, IaaS, mobile apps, and hybrid infrastructures, ensuring end-to-end security coverage.
Security testing solutions are being embedded within continuous integration and delivery pipelines. This integration enables early detection of vulnerabilities, improved collaboration between development and security teams, and faster mitigation of risks.
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Top Companies in the Security Testing Market
IBM (US), HCLTech (India), Synopsys (US), OpenText (UK), Cigniti (US), Qualitest (UK), Intertek (UK), DXC Technology (US), eInfochips (US), Checkmarx (US), HackerOne (US), Invicti (US), DataArt (US), Cobalt Labs (US), Trustwave (US), Contrast Security (US), Veracode (US), Qualys (US), OffSec (US), NCC Group (UK), GitHub (US), Bugcrowd (US), Applause (US), Rapid7 (US), Parasoft (US), BreachLock (US), ImmuniWeb (Switzerland), Pentest People (UK), SafeAeon (US), and REDTEAM.PL (Poland) are the key players and other players in the security testing market.
IBM (US) is a computer, technology, and IT consulting corporation. The company operates through various segments, such as cognitive solutions, global business services, technology services and cloud platforms, systems, and global financing. IBM’s clients comprise individual users, specialized businesses, and institutions, such as government, IT, defense, and educational organizations. In the category of security testing services, IBM offers X-Force Red Penetration Testing Services, X-Force Red Social Engineering Services, and X-Force Red Offensive Security Services. With the geographic presence across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, the company caters to various industries, such as IT, healthcare, life sciences, government, telecom, automobile, manufacturing, chemicals and petroleum, electronics, energy and power, media and entertainment, mining, retail, BFSI, travel and transportation, education, and others.
Synopsys (Canada) provides advanced technologies for chip design, verification, IP integration, and software security and quality testing. The company’s security IP solutions segment includes a range of cryptography cores, security protocol accelerators and processors, embedded security IP modules, secure boot and cryptography middleware as well as content protection IP for integration into system-on-chips. These IP solutions also provide the highest levels of security for a range of products in the mobile, automotive, digital home, lot, and cloud computing markets. These integrated solutions enable the most efficient silicon design and the highest level of security to help prevent a wide range of evolving threats in connected devices. For security testing, Synopsys provides software tools such as Polaris, an AppSec which is used from development to deployment; Coverity which find security and quality defects in code; Seeker which automates web application security testing in DevOps; as well as Static Application Security Testing (SAST); Interactive Application Security Testing (IAST); and Defensics Fuzz Testing. It also provides services such as penetration testing services, MAST and others. With more than 30 years of experience, Synopsys has more than 14,000 employees and is present across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
OpenText (UK) is a notable player in the security testing market, offering comprehensive solutions through its security and risk management platform. Its tools focus on vulnerability management, penetration testing, and compliance, helping organizations identify and mitigate security risks to protect critical data and systems.
Cigniti (US) is a prominent player in the security testing market, providing end-to-end cybersecurity testing services such as vulnerability assessments, penetration testing, and risk analysis. Its solutions help organizations identify vulnerabilities, ensure compliance, and strengthen the security of their applications and infrastructure.
Qualitest (UK) is a key player in the security testing market, offering a range of services including penetration testing, vulnerability assessments, and security audits. Its solutions help organizations proactively identify security risks, ensure compliance, and protect critical assets from cyber threats across applications and IT infrastructures.
Apart from prominent vendors, some other key players, such as BreachLock (US), ImmuniWeb (Switzerland), Pentest People (UK), SafeAeon (US), and REDTEAM.PL (Poland) are also evolving in the security testing market.
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