Application Security Testing Software Market

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.

Application Security Testing Software Market aims to provide a comprehensive presentation of the global market for Application Security Testing Software, 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 Software. Application Security Testing Software Market contains market size and forecasts of Application Security Testing Software in global, including the following market information:

Global Application Security Testing Software Market Revenue, 2018-2023, 2024-2032, ($ millions)

Global top five companies in 2022 (%)

The global Application Security Testing Software market was valued at US$ 2854 million in 2022 and is projected to reach US$ 4354.2 million by 2029, at a CAGR of 6.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 Software 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 Software Market, by Type, 2018-2023, 2024-2032 ($ millions)

Global Application Security Testing Software Market Segment Percentages, by Type, 2022 (%)

Static Code Analysis (SCAT)

Dynamic Code Analysis (DCAT)

Software Composition Analysis (SCA)

Global Application Security Testing Software Market, by Application, 2018-2023, 2024-2032 ($ millions)

Global Application Security Testing Software Market Segment Percentages, by Application, 2022 (%)

Large Enterprises

SMEs

Global Application Security Testing Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)

Global Application Security Testing Software Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Application Security Testing Software revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Application Security Testing Software revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

JetBrains

Synopsys

Perforce (Klocwork)

Micro Focus

SonarSource

Checkmarx

Veracode

CAST Software

Parasoft

WhiteHat Security

GrammaTech

Idera (Kiuwan)

Embold

RIPS Technologies

Outline of Major Chapters:

Chapter 1: Introduces the definition of Application Security Testing Software, market overview.

Chapter 2: Global Application Security Testing Software market size in revenue.

Chapter 3: Detailed analysis of Application Security Testing Software 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 Software 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.