Application Security Market Overviews

Maximize Market Research is an Application Security research firm that has published a detailed analysis of the “Application Security Market”. The report includes pricing analysis, demand analysis, business insights, market trends, competitive landscape, and growth opportunities. The base year of the Application Security market is 2023 and the forecast period for the Application Security market.

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)

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The requirement for application security is driven by cyber risk managed services.

Numerous businesses are attempting to connect with their customers via every available channel, including mobile and web applications. Cyberattacks are occurring as a result of most apps being insufficiently secured. The traditional methods of application security are ineffective in the present environment of technology development. The demand for application security solutions across the numerous IT organisations is increased by the necessity for a far more radical approach that must be reliable, scalable, and able to interact with the dynamics of the application. An essential part of the adoption strategy for digital transformation is the selection of appropriate tools that are capable of accurately identifying the vulnerabilities.

Application Security Market Classifications

by Solution

• Web Application Security
• Mobile Application Security

In terms of solutions, the web application security market accounted for the majority share in 2022. The integration of application security solutions is primarily caused by the widespread use of web application security to defend websites or online services from attacks or breaches. Web application security aims to safeguard sensitive information found in content on various websites. Web application tools facilitate the identification of dangers and facilitate the access to vulnerabilities. Enterprise web application security is becoming more and more crucial as security breaches increase, and this has a significant effect on market expansion. Organisations need a strong, integrated web application security platform as new threat vectors appear and attack frequency and sophistication rise.

by Testing Type

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

The application security market study covers the market size figures of each sub-segment and offers an analysis of the prominent share-holding segment based on the type of testing. Security has become more of a factor in software development as a result of the increase in cyberattacks against software systems. These days, more people are choosing to use security-integrated development lifecycles than standard software development lifecycle (SDLC) practices. Due to their limited understanding of application logic and configuration, the protection capabilities of traditional perimeter devices, such as Web Application Firewall (WAF) and Intrusion Prevention/Detection Systems (IPS/IDS), have become inadequate.

by Deployment

• Cloud
• On-premise

by End-Users

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

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Application Security Market Regional Insights

North America, Europe, Asia Pacific, South America, the Middle East, and Africa are the major regions that are covered in the Application Security market. Analysis of the key countries for all the regions along with the analysis of social, cultural, economic, political, and technological factors have also been covered in the report.

The following companies are included in the market for Application Security :

• 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)
• Pradeo( France)

Table of content for the Application Security Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Application Security Market Report

Part 03: Application Security Market Landscape

Part 04: Application Security Market Sizing

Part 05: Application Security Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Application Security Market are:

• What is Application Security?
• What was the Application Security market size in 2023?
• What is the growth rate of the Application Security Market?
• Which are the factors expected to drive the Application Security market growth?
• What are the different segments of the Application Security Market?
• What growth strategies are the players considering to increase their presence in Application Security?
• What are the upcoming industry applications and trends for the Application Security Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Application Security Market?
• Who are the leading companies and what are their portfolios in Application Security Market?
• What segments are covered in the Application Security Market?
• Who are the key players in the Application Security market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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