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Global Application Security Market 2021 Production, Revenue, Price and Gross Margin Analysis with Forecasts

Application Security

The report focuses on the favorable Global “Application Security market” and its expanding nature. The Application Security market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The application security market is expected to register a CAGR of 25% during the forecast period (2019-2024). Application security has become a necessity with an increasing number of companies looking to develop their own apps, in addition to purchasing a record number of applications and incorporating open source code into their applications, as the vulnerabilities and risks associated with these applications have also risen exponentially.
  • – The application security systems diminish the security risks involved in the different operation of various applications, such as web and mobile applications. It has been estimated that web application is expected to remain the most frequent cause of confirmed breaches. With organizations increasingly connecting to various business critical applications via the internet, the risk of a breach is continuously increasing.
  • – Globally, 10,000 tweets, 2,000 Skype phone calls, five hours of YouTube videos are uploaded and more than three million emails are sent daily, containing valuable insights to know the various trends, such as individual preferences and spending patterns to promote products that engender customer loyalty.
  • – Therefore, protection of these supported applications has become vital and application security solutions are used for this

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    Key Manufacturers

  • IBM Corporation
  • Oracle Corporation
  • Micro Focus International PLC
  • Checkmarx Ltd
  • Veracode (CA Technologies)
  • Synopsys, Inc.
  • WhiteHat Security, Inc.( NTT Security Corporation)
  • Rapid7, Inc.
  • Qualys, Inc.
  • SiteLock, LLC
  • Contrast Security
  • Positive Technologies
  • Fasoo.com, Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Application Security market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Application Security market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Application Security market have also been involved in the study.

    Scope of the Report:

  • Application security encompasses measures taken to improve the security of an application often by finding, fixing, and preventing security vulnerabilities. Different techniques are used to surface such security vulnerabilities at different stages of an application’s lifecycle, such as design, development, deployment, upgrade, maintenance.

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    TOC of Application Security Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Application Security market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Application Security Market Report Covered:

    • The report analyses how Application Security market will grow in the future.
    • Analyzing various perspectives of the Application Security market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Application Security market shares and policies employed by the major market players.
    • Competitive landscape including the Application Security market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Application Security market players

    Key Market Trends:

    Retail has a Sector Significant Share in the Market

    – With the introduction of e-commerce over two decades ago, the retail industry entered into the digital age where the retailers have the opportunity to collect more information about their customers.
    – Retail and e-commerce organizations manage large volumes of sensitive data, including credit card information and personal data. This data is increasingly targeted by hackers and there is a rising need to protect it.
    – With many connected devices having made their way into the physical stores in the form of kiosks, point-of-sale (POS) systems, and handheld devices, the amount of customer information is increasing rapidly.
    – To ensure that a retailer’s network, data, application, and endpoints should remain secure (away from any malware and breaches), several software applications and services are evolving to deal with these threats.
    – According to the Cisco 2017 Annual Cyber security Report, nearly one out of three retailers have suffered huge revenue losses due to cyber attacks.
    – To cope with the cyber threats, retailers have started making huge investments in the threat intelligence to determine the impact of these security and data attacks, and then predict and disarm them.

    North America Accounts for the Largest Market Share

    – In the digital age, financial crimes against banks and other financial services institutions are accelerating rapidly. Through 2020, globally, card fraud is expected to increase to USD 183.29 billion.
    – The BFSI sector in the has more than one exabyte of stored data. This data has been generated from various sources, such as credit/debit card histories, customer bank visits, banking volumes, call logs, account transactions, and web interactions.
    – Due to the high availability of adequate infrastructure, the presence of numerous global financial institutions, increased adoption of IoT devices and internet users, the growth of threat intelligence solutions in the North American region is expected to rise.
    – Additionally, the proliferation of digital services and technological advancements coupled with the early adoption of the latest technologies in the banking sectors are supplementing the growth of the region.

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    Study objectives of Application Security Market Report:

    • To provide a detailed analysis of the market structure along with the Application Security market forecast of various segments and sub-segments of the Application Security market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Application Security market trends that influence the global Application Security market

    Detailed TOC of Application Security Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Favorable Government Regulations
    4.3.2 Increased Number of Sophisticated Attacks
    4.3.3 Increased Number of Third Party Applications
    4.4 Market Restraints
    4.4.1 Conflict Between IT and Non-IT Department
    4.4.2 Negligence of Application Security by Industries
    4.5 Industry Attractiveness – Porter’s Five Forces Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Web Application Security
    5.1.2 Mobile Application Security
    5.2 By Service
    5.2.1 Managed
    5.2.2 Professional
    5.3 By Deployment
    5.3.1 Cloud
    5.3.2 On-premise
    5.4 By Organization Size
    5.4.1 Small and Medium Enterprises
    5.4.2 Large enterprises
    5.5 By Types of Security Testing
    5.5.1 Static Application Security Testing (SAST)
    5.5.2 Dynamic Application Security Testing (DAST)
    5.5.3 Interactive Application Security Testing (IAST)
    5.5.4 Run-Time Application Self Protection (RASP)
    5.6 By End-user Vertical
    5.6.1 Healthcare
    5.6.2 BFSI
    5.6.3 Education
    5.6.4 Retail
    5.6.5 Government
    5.6.6 Other End-user Verticals
    5.7 Geography
    5.7.1 North America
    5.7.2 Europe
    5.7.3 Asia-Pacific
    5.7.4 Latin America
    5.7.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 IBM Corporation
    6.1.2 Oracle Corporation
    6.1.3 Micro Focus International PLC
    6.1.4 Checkmarx Ltd
    6.1.5 Veracode (CA Technologies)
    6.1.6 Synopsys, Inc.
    6.1.7 WhiteHat Security, Inc.( NTT Security Corporation)
    6.1.8 Rapid7, Inc.
    6.1.9 Qualys, Inc.
    6.1.10 SiteLock, LLC
    6.1.11 Contrast Security
    6.1.12 Positive Technologies
    6.1.13 Fasoo.com, Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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