Application Security Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Application Security Market covers analysis by Component, Deployment Type, Testing Type, Enterprise Size, and Vertical , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPTE100000304
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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Utilization of hardware, software and several technical methods in order to secure applications from third party intruders and similar external threats is called as application security. With the emergence of novel software designs, security has become a critical concern of the developers while developing any application as these applications become vulnerable to the external environment when frequently accessed over a network. Therefore, an application security is known to protect these application from being stolen, modified or deleted.

The report aims to provide an overview of Global Application Security Market along with detailed segmentation of market by components, testing type, deployment type, enterprise size, verticals and five major geographical regions. Global Application Security market is expected to witness healthy growth during the forecast period due to rising security threat owing to the increased application deployment in organizations.

The objectives of this report are as follows:
- To provide overview of the global Application Security market
- To analyze and forecast the global Application Security market on the basis of components, testing type, deployment type, enterprise size and verticals
- To provide market size and forecast till 2028 for overall Application Security market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key Application Security players influencing the market along with their SWOT analysis and market strategies

Some of the important players in Application Security market are IBM Corporation, Hewlett Packard Enterprise, Qualys, Inc., Whitehat Security, Veracode, Rapid7, Inc., Checkmarx, Trustwave and Cigital, Inc. REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance

2 Key Takeaways

3 Application Security Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Application Security Market - By Component
3.2.2 Application Security Market - By Testing Type
3.2.3 Application Security Market - By Deployment Type
3.2.4 Application Security Market - By Enterprise Size
3.2.5 Application Security Market - By Industry Vertical
3.2.6 Market - By Region
3.2.6.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis

4 Application Security Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends

5 Application Security Market Analysis- Global
5.1 Global Application Security Market Overview
5.2 Global Application Security market forecast and analysis

6 Application Security Market Revenue and Forecasts to 2028 -Component
6.1 Overview
6.2 Component market forecast and analysis
6.3 Service Market
6.3.1 Overview
6.3.2 Service market forecast and analysis
6.4 Solution Market
6.4.1 Overview
6.4.2 Solution market forecast and analysis

7 Application Security Market Revenue and Forecasts to 2028 - Deployment Type
7.1 Overview
7.2 Deployment Type market forecast and analysis
7.3 On-Premises Market
7.3.1 Overview
7.3.2 On-Premises market forecast and analysis
7.4 Cloud based Market
7.4.1 Overview
7.4.2 Cloud based market forecast and analysis

8 Application Security Market Revenue and Forecasts to 2028 - Testing Type
8.1 Overview
8.2 Testing Type market forecast and analysis
8.3 Dynamic Application Security Testing Market
8.3.1 Overview
8.3.2 Dynamic Application Security Testing market forecast and analysis
8.4 Static Application Security Testing Market
8.4.1 Overview
8.4.2 Static Application Security Testing market forecast and analysis
8.5 Interactive Application Security Testing Market
8.5.1 Overview
8.5.2 Interactive Application Security Testing market forecast and analysis

9 Application Security Market Revenue and Forecasts to 2028 - Enterprise Size
9.1 Overview
9.2 Enterprise Size market forecast and analysis
9.3 Small & Medium Enterprise Market
9.3.1 Overview
9.3.2 Small & Medium size enterprise market forecast and analysis
9.4 Large Enterprise Market
9.4.1 Overview
9.4.2 Large Enterprise market forecast and analysis

10 Application Security Market Revenue and Forecasts to 2028 - Vertical
10.1 Overview
10.2 Vertical market forecast and analysis
10.3 IT & Telecom Market
10.3.1 Overview
10.3.2 IT & Telecom market forecast and analysis
10.4 Banking, Financial Services, and Insurance (BFSI) Market
10.4.1 Overview
10.4.2 Banking, Financial Services, and Insurance (BFSI) market forecast and analysis
10.5 Healthcare Market
10.5.1 Overview
10.5.2 Healthcare market forecast and analysis
10.6 Government and Defense Market
10.6.1 Overview
10.6.2 Government and Defense market forecast and analysis
10.7 Retail Market
10.7.1 Overview
10.7.2 Retail market forecast and analysis
10.8 Education Market
10.8.1 Overview
10.8.2 Education market forecast and analysis

11 Application Security Market Revenue and Forecasts to 2028 - Geographical Analysis
11.1 North America
11.1.1 North America Application Security market overview
11.1.2 North America Application Security market forecast and analysis
11.1.2.1 North America market forecast and analysis - By Countries
11.1.2.1.1 US market
11.1.2.1.2 Canada market
11.1.2.1.3 Mexico market
11.1.2.2 North America market forecast and analysis - By Component
11.1.2.3 North America market forecast and analysis - By Testing Type
11.1.2.4 North America market forecast and analysis - By Enterprise Size
11.1.2.5 North America market forecast and analysis - By Deployment Type
11.1.2.6 North America market forecast and analysis - By Vertical
11.2 Europe
11.2.1 Europe Application Security market overview
11.2.2 Europe Application Security market forecast and analysis
11.2.2.1 Europe market forecast and analysis - By Countries
11.2.2.1.1 France market
11.2.2.1.2 Germany market
11.2.2.1.3 Italy market
11.2.2.1.4 Spain market
11.2.2.1.5 UK market
11.2.2.2 Europe market forecast and analysis - By Component
11.2.2.3 Europe market forecast and analysis - By Testing Type
11.2.2.4 Europe market forecast and analysis - By Enterprise Size
11.2.2.5 Europe market forecast and analysis - By Deployment Type
11.2.2.6 Europe market forecast and analysis - By Vertical
11.3 Asia pacific (APAC)
11.3.1 Asia Pacific Application Security market overview
11.3.2 Asia Pacific Application Security market forecast and analysis
11.3.2.1 Asia Pacific market forecast and analysis - By Countries
11.3.2.1.1 Australia market
11.3.2.1.2 China market
11.3.2.1.3 India market
11.3.2.1.4 Japan market
11.3.2.2 Asia Pacific market forecast and analysis - By Type/Component
11.3.2.3 Asia Pacific market forecast and analysis - By Testing Type
11.3.2.4 Asia Pacific market forecast and analysis - By Enterprise Size
11.3.2.5 Asia Pacific market forecast and analysis - By Deployment Type
11.3.2.6 Asia Pacific market forecast and analysis - By Vertical
11.4 Middle East and Africa (MEA)
11.4.1 Middle East and Africa Application Security market overview
11.4.2 Middle East and Africa Application Security market forecast and analysis
11.4.2.1 Middle East and Africa market forecast and analysis - By Countries
11.4.2.1.1 South Africa market
11.4.2.1.2 Saudi Arabia market
11.4.2.1.3 UAE market
11.4.2.2 Middle East and Africa market forecast and analysis - By Component
11.4.2.3 Middle East and Africa market forecast and analysis - By Testing Type
11.4.2.4 Middle East and Africa market forecast and analysis - By Enterprise Size
11.4.2.5 Middle East and Africa market forecast and analysis - By Deployment Type
11.4.2.6 Middle East and Africa market forecast and analysis - By Vertical
11.5 South America (SAM)
11.5.1 South America Application Security market overview
11.5.2 South America Application Security market forecast and analysis
11.5.2.1 South America market forecast and analysis - By Countries
11.5.2.1.1 Brazil market
11.5.2.2 South America market forecast and analysis - By Component
11.5.2.3 South America market forecast and analysis - By Testing Type
11.5.2.4 South America market forecast and analysis - By Enterprise Size
11.5.2.5 South America market forecast and analysis - By Deployment Type
11.5.2.6 South America market forecast and analysis - By Vertical

12 Industry Landscape
12.1 Mergers & acquisitions
12.2 Market Initiatives
12.3 New developments
12.4 Investment scenarios

13 Competitive Landscape
13.1 Competitive Product mapping
13.2 Market positioning/ market share

14 Application Security Market, Key Company Profiles
14.1 Hewlett Packard Enterprise Key Facts
14.1.1 Business Description
14.1.2 Products and services
14.1.3 Financial Overview
14.1.4 SWOT Analysis
14.1.5 Key Developments
14.2 IBM Corporation
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Veracode
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Qualys, Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Whitehat Security
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Rapid7, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Trustwave
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Acunetix
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Checkmarx
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Cigital, Inc.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments


15 Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
15.3 Research Methodology
Companies List
- Acunetix
- Checkmarx
- Cigital, Inc.
- Hewlett Packard Enterprise
- IBM Corporation
- Qualys, Inc.
- Rapid7, Inc.
- Trustwave
- Veracode
- Whitehat Security

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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