1. Market Research
  2. > Computer Security Market Trends
Security Testing Market by Type, Tool, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021

Security Testing Market: Global Forecast until 2021

  • October 2016
  • 150 pages
  • ID: 4208112
In this report:
North America is estimated to account for the largest share of ##.##% of the global security testing market in 2016, and is expected to grow at a CAGR of ##.##% from 2016 to 2021.
The total market for network security testing by region is expected to grow from USD ##,##.## million in 2016 to USD ##,##.## million by 2021, at a CAGR of ##.##% during the forecast period.

Summary

Table of Contents

Search Inside

"Need for protection of valuable assets including web & mobile applications and customer data is driving the increase of the security testing market"

MarketsandMarkets estimates the overall security testing market to grow from ~$3.3B in 2016 to ~$7.6B by 2021, at a CAGR of 18.10 percent. The security testing market is increasing quickly as the organizations are more focused on protection of valuable assets including web & mobile applications and customer data. Nevertheless, Elements such as higher innovation and deployment cost affecting budgets are the main restraints in the global rise of the market.

"Application security testing to have the biggest sector size in 2016"

Application security testing is projected to have the biggest industry size in 2016 as the increased deployment of web and mobile applications and the protection of these applications is the prime objective of the organizations. The rise in the application security testing is combined with the increase in security breaches targeting enterprise applications, whereby hackers try to gain access to sensitive data. Moreover, the same segment will grow at the highest compound annual growth rate (CAGR) during the estimate period, due to the growing need for improved security by cause of increased deployment of third-party applications.

"Banking, Financial services and Insurance (BFSI) vertical to have the highest rise rate during the outlook period"

Security testing solutions have been deployed across several industry verticals, including government & public utilities, Banking, Financial Services, and Insurance, IT & telecom, healthcare, retail, and others. The BFSI vertical is expected to witness the top compound annual growth rate during the estimate period as a result of the growing adoption of web and mobile applications, which are prone to advanced cyber-attacks.

"Asia Pacific (APAC) is forecasted to have the maximum growth rate during the outlook period"

Asia-Pac includes emerging economies, including India and China (CN), which are quickly deploying security testing solutions. This is primarily due to the digitization of businesses and adoption of cloud services by small, medium, and big enterprises in the territory.

Comprehensive interviews were managed with CEOs, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the security testing market place.

- By Company Type: Tier 1: 27.0 percent, Tier 2: 48.0 percent, Tier 3: 25.0 percent

- By Designation: C-Level: 16.0 percent, Director Level: 72.0 percent, Others: 12.0 percent

- By area: North america (NA): 57.0 percent, Europe: 16.0 percent, Asia-Pacific: 15.0 percent, Rest of the World : 12.0 percent

The market research includes the study of top players offering security testing services; Cisco Systems, Incorporated, Hewlett Packard Enterprise, IBM Corporation, Qualys, Incorporated, WhiteHat Security, Applause App Quality, Incorporated, Veracode, Checkmarx, UL LLC, and Intertek Group plc. are some of the firms decribed in the industry report. The study includes detailed competitive study of these main actors in the security testing market, with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

The overall security testing market has been split on the basis of testing type, tool, deployment mode, organization size, vertical, and area.

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the security testing market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across several verticals and localities.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate the partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Microsegmentation Market by Component, Security Type, Service, Organization Size, Deployment Type, Vertical And Region - Global Forecast to 2022

Microsegmentation Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • November 2017
  • by MarketsandMarkets

The microsegmentation market is expected to grow at a Compound Annual Growth Rate (CAGR) of 24.9%, due to the increase in the ransomware attacks on connected devices, and increasing network connectivity ...

Industrial Cybersecurity Market by Type, Product, Solution and Service, End-User Industry And Region - Global Forecast to 2023

Industrial Cybersecurity Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Industrial cybersecurity market to grow at a CAGR of 8.6% during the forecast period”The industrial cybersecurity market is expected to be valued at USD 22.79 billion by 2023, growing at a CAGR of ...

Incident Response Services Market by Component, Security Type, Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2021

Incident Response Services Market: Global Forecast until 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“The rising security breaches targeting enterprises and increasing sophistication of cyber-attacks are driving the incident response services market”The incident response services market size is estimated ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.