Adoption of Cloud & Digital Transformation Fuel Application Security Market Growth
According to our latest study, "Application Security Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component, Organization Size, Industry Vertical, and Geography," the market was valued at US$ 39.64 billion in 2024 and is expected to reach US$ 89.01 billion by 2031; it is estimated to record a CAGR of 12.6% during 2025–2031. The report includes prospects owing to the current application security market trend and their foreseeable impact during the forecast period.
The adoption of cloud & digital transformation drives the application security market growth. As organizations migrate applications to cloud platforms and adopt microservices, APIs, mobile apps, and SaaS solutions, their attack surface expands significantly. Cloud-native environments are dynamic and complex, making traditional perimeter security insufficient; this increases the need for specialized application security solutions that can protect data, code, and workloads across development and production environments.
Application Security Market Analysis — by Geography
Application Security Market Share, Size and Future Opportunities 2034
Download Free SampleApplication Security Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solution and Services), Organization Size (Large Enterprises and SMEs), Industry Vertical (BFSI, IT and Telecom, Government, Healthcare, Manufacturing, Retail and Ecommerce, and Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America)
Source: The Insight Partners Analysis
Digital transformation accelerates software development cycles using DevOps and CI/CD pipelines, which require automated and integrated security tools to detect vulnerabilities early. Additionally, cloud adoption involves handling sensitive customer and business data, raising concerns about data breaches and compliance. To manage these risks while maintaining agility, organizations increasingly invest in application security solutions.
Oracle Corp, International Business Machines Corp, Open Text Corp, SAP SE, Cisco Systems Inc., Microsoft Corp, Broadcom Inc., Palo Alto Networks Inc., CrowdStrike Holdings Inc., and Fortinet Inc. are among the key players profiled in the application security market report. Other players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.
The report includes the application security market forecast by Component, Organization Size, and Industry Vertical. Based on component, the global application security market is segmented into solutions and Services. The solution segment includes tools such as static and dynamic application security testing, interactive testing, runtime application self-protection, and web application firewalls. These solutions help organizations identify vulnerabilities, secure applications across the development lifecycle, and protect applications from real-time threats in modern cloud and DevOps environments. This segment held the largest application security market share in 2024.
The scope of the application security market report focuses on North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America). Asia Pacific dominated the market in 2024, followed by Europe and North America.
The application security market in Asia Pacific is segmented into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. In terms of revenue, China held the largest application security market share in APAC. China's application security market is growing steadily due to rapid digitalization, widespread cloud adoption, and the expansion of internet, mobile, and enterprise applications. Strong government focus on cybersecurity and data protection regulations drives demand for secure application development. Increasing cyber threats and the adoption of DevSecOps practices across industries support market growth in China.
Contact Us
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com