Application Security Testing Market, Global Outlook and Forecast 2023-2032
The global Application Security Testing market was valued at US$ 3164 million in 2022 and is projected to reach US$ 5782.4 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Application Security Software refers to the software tool to protect applications from external threats throughout their lifecycle. Application security is defined as the process of making apps more secure by finding, fixing, and enhancing the security of apps. Much of the process happens during the development phase, security tools and methods are used to protect apps once they are deployed.
The application security market is seeing a rapid growth primarily driven by the increase in the number of cyber-attacks and their sophistication, strict government regulations and growing smartphone penetration and adoption. Additionally, the space has seen a lot of investments by venture capitalists and private equity investors giving rise to a bunch of rising cybersecurity startups in the world. Other factors contributed to the growth of the application security market include the development and adoption of Internet of Things (IoT), digitization and automation in the industrial space, and technological development in the finance space especially in the emerging economies, etc.
This report aims to provide a comprehensive presentation of the global market for Application Security Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Application Security Testing. This report contains market size and forecasts of Application Security Testing in global, including the following market information:
- Global Application Security Testing Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The main companies in the market include Micro Focus, Veracode, Rogue Wave Software, CAST Software, HCL Technologies (formerly IBM), Synopsys, Parasoft and Checkmarx. In 2019, HCl technologies (formally IBM) accounted for the largest proportion, about 13%.
We surveyed the Application Security Testing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Application Security Testing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Application Security Testing Market Segment Percentages, by Type, 2022 (%)
- Static AST
- Dynamic AST
- Interactive AST
- Mobile AST
Global Application Security Testing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Application Security Testing Market Segment Percentages, by Application, 2022 (%)
Global Application Security Testing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Application Security Testing Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Application Security Testing revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Application Security Testing revenues share in global market, 2022 (%)
key players include:
- CAST
- Checkmarx
- Contrast Security
- GitLab
- HCL Software
- Micro Focus
- Onapsis
- Rapid7
- Synopsys
- Veracode
- WhiteHat Security
Outline of Major Chapters:
Chapter 1: Introduces the definition of Application Security Testing, market overview.
Chapter 2: Global Application Security Testing market size in revenue.
Chapter 3: Detailed analysis of Application Security Testing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Application Security Testing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
