Security Testing Market Key Highlights:
- Market Size (2024): USD 15.15 Billion
- Projected Market Size (2034): USD 62.92 Billion
- CAGR (2024-2034): 15.3%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Security Testing Market Definition
Security testing is the branch of the IT system that used to develop for detecting risk, analyzing the vulnerability and other risk associated with the IT system. The rising prevalence of the cyber crime and the rising concern over the data security is driving the demand for the security testing. There are number of benefits are associated with the security texting such as it guides the companies in safeguarding sensitive data including customer and company’s confidential information. Implementation of security testing is helps in minimizing the cases of data breach, data and financial loss, and damage of companies reputation.
The increasing IT revolution across the world and the continuous rise in the investment in the infrastructural development in the IT sector and the government policies in the development of cybersecurity is driving the growth of the market. The integration of artificial intelligence, and machine learning into the security testing for the advancing the capacity of detecting cyber threats and enabling for the detection of vulnerabilities more rapidly and efficiently is driving the growth opportunities in the market’s expansion.
Security Testing Market Segmentation:
By Type
- Application Security Testing
- Network Security Testing
- Device Security Testing
- Others
By Deployment
By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
By Industry
- IT & Telecom
- BFSI
- Healthcare
- Retail & E-commerce
- Government & Education
- Transportation & Logistics
- Others
Security Testing Market Companies:
- IBM Corporation
- Cisco Systems, Inc.
- HCL Technologies Limited
- Accenture
- Synopsys
- Open Text Corporation
- DXC Technology
- Intertek Group plc
- Qualys
- Cigniti Technologies
- HackerOne
- Checkmarx
- Invicti Security
- Rapid7
- Parasoft
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