We are monitoring the impact of COVID-19 & Recession alarm on Security Testing Market Get in touch with us for detailed analysis Know More

Know More

Share on

Security Testing Market Research Report – Segmented By Type (Network, Application, and Device), Tool (Penetration Testing, Web Testing, Automated Testing, and Code Review), Deployment mode (Cloud and On-Premises), Organization Size, Vertical, by Region – Global Industry Analysis, Size, Share, Growth, Investment, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 8336
Pages: 170

Security Testing Market Size & Growth (2021–2026)

The size of the Security Testing Market was around USD 5.57 Billion by revenue, at the end of 2020. It is expected to grow at a CAGR of 20.74% to reach close to USD 15.74 Billion by the end of the forecast period. This market is a rapidly-growing with majorly driven by the rising demand from IT & Telecom and BFSI industry verticals across the world, for the security of applications.

Recent Developments

Intel, a primary key participant of the security testing market, has announced the plans to open-source a new firmware security testing tool. The name of the device is HBFA known as Host -Based Firmware Analyzer. This project is expected to be formally introduced at the RSA 2019 security conference, San Francisco.

Drivers and Restraints:

The strict and mandatory rule from the governments of different countries which regulates compulsory testing is a significant driver to the growth of the market. Also, increased adoption of cloud-based web and mobile based applications which call for the need for improvement of security due to the interference of third-party is considered to be a major driving factor to the security testing market.

However, the high costs associated with the innovation and deployment cost affecting the budgets are the primary restraining factor to the security testing market in the forecast period. Also, the lack of awareness about cybersecurity and increased adoption of a freeware security application may pose some friction to the growth of the market for security testing market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

20.74%

Segments Covered

Type, Tool, Deployment Mode, Organizqation Size, Vertical, Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Capgemini SE, Cisco Systems Inc., Wipro Limited, Hewlett Packard Enterprise, Valency Networks Pvt Ltd, IBM Corporation, Hexaware Technologies Limited, Qualys Inc., Symetrics, WhiteHat Security, Beyond Security, TraceSecurity, Applause App Quality Inc., Accenture, Cognizant Technology Solutions Corp, Rohde & Schwarz UK Ltd, Infosys Limited, CloudBees, Tata Consultancy Services Limited, McAfee, Veracode, Zensar Technologies Limited, Checkmarx, PortSwigger, UL LLC, Cenzic, and Intertek Group Plc and other market players

Fastest Growing Region

Asia Pacific

Largest Market

North America

Request Sample

Market Segmentation

Security Testing Market - By Type

  • Network
  • Application
  • Device

Application testing segment is the fastest growing and has accounted for the highest share in the market. This progress is attributed to the increased wed and mobile applications being susceptible to vulnerabilities and threats.

Security Testing Market - By Tool

  • Penetration Testing
  • Web Testing
  • Automated Testing
  • Code Review

The web penetration testing segment of tools for security testing is the largest in terms of value and volume in 2018 and is calculated to have the fastest growth rate in the forecast as mentioned earlier period. The growth is assisted by the growing cyberattacks on critical hardware and software applications of organizations.

Security Testing Market - By Deployment Mode

  • Cloud
  • On-Premises

Among the mentioned the cloud segment of deployment mode is the fastest growing in the forecast period due to the convenience it provides to both sides of the users.

Security Testing Market - By Organization Size

  • SMEs
  • Large Enterprises

The SMEs segment is anticipated to lead the market for security testing.

Security Testing Market - By Industry

  • Government and Public Utilities
  • BFSI
  • Healthcare
  • IT & Telecom
  • Others.

BFSI and IT& Telecom sectors are estimated to be the top leading segments in the market for security testing. This is attributed to the implementation of technology in the banking and financial segment of the world.

Security Testing Market - By Region

By geography, the market is segmented as

  • Latin America
  • Europe
  • Asia Pacific
  • North America
  • Middle-East & Africa.

North America region leads the global Security Testing market by both value and volume, as of 2019. The situation of all the market key players in this region is the main reason for its leading market position. However, this region is only the second fastest growing in the world following the Asia Pacific region. Europe is the second lead for Security Testing market in the year 2019. The presence of a vast customer base in and around this region is helping in the growth of the Security Testing market in Europe. Also, the technological supremacy of Europe and North America over the rest of the world is the vital condition which facilitates them to develop in this emerging field, creating the eye-catching performance in the market.

The Asia Pacific region is the next largest market share holder in the year 2019, in terms of value and volume. This region is expected to be the fastest growing regional market for Security Testing owing to the future opportunities offered in this region and interest shown from the top leading key companies in the Asia Pacific region, mainly towards India, China, and Japan which is the cause for such growth rate. The regional advantages offered this region, such as ease of setup and cheap resources, and a large number of skilled populations is a significant reason for this region’s advancement in the market.

On the other hand, the Middle East & Africa and Latin America regions, being in the low developing countries due to the contribution of low GDP countries, have fewer opportunities for market growth. Hence, the Security Testing Market grows at a slow pace in these regions.

Security Testing Market Key Market Players:

By the end of 2019 Capgemini SE, Cisco Systems Inc., Wipro Limited, Hewlett Packard Enterprise, Valency Networks Pvt Ltd, IBM Corporation, Hexaware Technologies Limited, Qualys Inc., Symetrics, WhiteHat Security, Beyond Security, TraceSecurity, Applause App Quality Inc., Accenture, Cognizant Technology Solutions Corp, Rohde & Schwarz UK Ltd, Infosys Limited, CloudBees, Tata Consultancy Services Limited, McAfee, Veracode, Zensar Technologies Limited, Checkmarx, PortSwigger, UL LLC, Cenzic, and Intertek Group Plc are the leading shareholders of the market for Security Testing.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Market Share Analysis                           

                5.2 Product Benchmarking                          

                5.3 Regional Presence                   

                5.4 Mergers & Acquistion Landscape                      

                5.5 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Security Testing Market, by Type                      

                                6.1.1 Network  

                                6.1.2 Application              

                                6.1.3 Device       

                                6.1.4 Market Size Estimations & Forecasts (2022 - 2027)

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Security Testing Market, by Tool                       

                                6.2.1 Penetration Testing            

                                6.2.2 Web Testing           

                                6.2.3 Automated Testing             

                                6.2.4 Code Review          

                                6.2.5 Market Size Estimations & Forecasts (2022 - 2027)

                                6.2.6 Y-o-Y Growth Rate Analysis             

                                6.2.7 Market Attractiveness Index          

                6.3 Security Testing Market, by Deployment Mode

                                6.3.1 Cloud         

                                6.3.2 On-Premises          

                                6.3.3 Market Size Estimations & Forecasts (2022 - 2027)

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

                6.4 Security Testing Market, by Organization size

                                6.4.1 SMEs         

                                6.4.2 Large Enterprises 

                                6.4.3 Market Size Estimations & Forecasts (2022 - 2027)

                                6.4.4 Y-o-Y Growth Rate Analysis             

                                6.4.5 Market Attractiveness Index          

                6.5 Security Testing Market, by Vertical                

                                6.5.1 Government and Public Utilities    

                                6.5.2 BFSI            

                                6.5.3 Healthcare              

                                6.5.4 IT&Telecom            

                                6.5.5 others       

                                6.5.6 Market Size Estimations & Forecasts (2022 - 2027)

                                6.5.7 Y-o-Y Growth Rate Analysis             

                                6.5.8 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region

                7.2 North America - Market Analysis (2022 - 2027)

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Tool      

                                7.2.4 By Deployment Mode        

                                7.2.5 By Organization size            

                                7.2.6 By Vertical               

                                7.2.7 Y-o-Y Growth Rate Analysis             

                                7.2.8 Market Attractiveness Index          

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Tool      

                                7.3.4 By Deployment Mode        

                                7.3.5 By Organization size            

                                7.3.6 By Vertical               

                                7.3.7 Y-o-Y Growth Rate Analysis             

                                7.3.8 Market Attractiveness Index          

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Tool      

                                7.4.4 By Deployment Mode        

                                7.4.5 By Organization size            

                                7.4.6 By Vertical               

                                7.4.7 Y-o-Y Growth Rate Analysis             

                                7.4.8 Market Attractiveness Index          

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Tool      

                                7.5.4 By Deployment Mode        

                                7.5.5 By Organization size            

                                7.5.6 By Vertical               

                                7.5.7 Y-o-Y Growth Rate Analysis             

                                7.5.8 Market Attractiveness Index          

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Tool      

                                7.6.4 By Deployment Mode        

                                7.6.5 By Organization size            

                                7.6.6 By Vertical               

                                7.6.7 Y-o-Y Growth Rate Analysis             

                                7.6.8 Market Attractiveness Index          

8. Key Player Analysis                                    

                8.1 Capgemini SE                             

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2   Cisco Systems, Inc.                

                8.3 Wipro Limited                            

                8.4 Hewlett Packard Enterprise                 

                8.5 Valency Networks Pvt Ltd                    

                8.6 IBM Corporation                      

                8.7 Hexaware Technologies Limited                        

                8.8  Qualys, Inc.                

                8.9 Symetrics                    

                8.10 WhiteHat Security                 

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Global Security Testing Market By Region, From 2022 - 2027 ( USD Billion )
  2. Global Security Testing Market By Type, From 2022 - 2027 ( USD Billion )
  3. Global Network Market By Region, From 2022 - 2027 ( USD Billion )
  4. Global Application Market By Region, From 2022 - 2027 ( USD Billion )
  5. Global Device Market By Region, From 2022 - 2027 ( USD Billion )
  6. Global Security Testing Market By Tool, From 2022 - 2027 ( USD Billion )
  7. Global Penetration Testing Market By Region, From 2022 - 2027 ( USD Billion )
  8. Global Web Testing Market By Region, From 2022 - 2027 ( USD Billion )
  9. Global Automated Testing Market By Region, From 2022 - 2027 ( USD Billion )
  10. Global Code Review Market By Region, From 2022 - 2027 ( USD Billion )
  11. Global Security Testing Market By Deployment Mode, From 2022 - 2027 ( USD Billion )
  12. Global Cloud Market By Region, From 2022 - 2027 ( USD Billion )
  13. Global On-Premises Market By Region, From 2022 - 2027 ( USD Billion )
  14. Global Security Testing Market By Organization size, From 2022 - 2027 ( USD Billion )
  15. Global SMEs Market By Region, From 2022 - 2027 ( USD Billion )
  16. Global Large Enterprises Market By Region, From 2022 - 2027 ( USD Billion )
  17. Global Security Testing Market By Vertical, From 2022 - 2027 ( USD Billion )
  18. Global Government and Public Utilities Market By Region, From 2022 - 2027 ( USD Billion )
  19. Global BFSI Market By Region, From 2022 - 2027 ( USD Billion )
  20. Global Healthcare Market By Region, From 2022 - 2027 ( USD Billion )
  21. Global IT&Telecom Market By Region, From 2022 - 2027 ( USD Billion )
  22. Global Others Market By Region, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed

PURCHASE OPTIONS

pdf
$

4255


pdf excel
$

5060


pdf excel powerbi
$

7360


excel
$

2500

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 4255

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample