North America is the largest market for security testing services. Researcher expects this market to grow from $2.47 billion in 2014 to $4.96 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 14.9% from 2014 to 2019.
Dallas, TX (PRWEB) August 16, 2014
According to this global security testing market report, North America is the largest market for security testing services. Researcher expects this market to grow from $2.47 billion in 2014 to $4.96 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 14.9% from 2014 to 2019. Security testing refers to a set of activities performed to locate and isolate the flaws in the security mechanisms of a software or application to ensure data protection and functionality as intended. The process reveals hidden vulnerabilities within software which can be easily exploited by a hacker or virus. Security testing has become a priority for organizations across all industry verticals and the demand for security testing is being driven by the growth of mobile and web applications. As there has been growth in the development of new software and applications, security testing market has received a boost as it is an important aspect of systems development life cycle. The security testing market is defined majorly as a service, but also consists of tools that are provided by vendors such as Veracode, NT Objectives, and WhiteHat Security. As security testing is primarily a service, the outsourcing model has enabled it to be used by small and medium-sized businesses. Security testing is further divided into two main sub-markets which are Static Application Security Testing (SAST) and Dynamic Application Security Testing (DAST). SAST involves scanning the source or binary code of an application for vulnerabilities and DAST involves testing the security of an application during state of operation. Both these techniques are used widely in security testing.
Complete report is available at http://www.reportsnreports.com/reports/295177-security-testing-market-by-network-security-testing-application-security-testing-sast-dast-security-testing-tools-penetration-testing-tools-automated-testing-tools-code-review-tools-global-advancements-forecasts-analysis-2014-2019-.html.
The major forces that are driving growth in this market are rapidly increasing cyber security threats, growing usage of automated testing tools, and strict regulations and compliances from government and regulatory authorities. Cloud-based deployment of services has enabled the services to be used by small and medium-sized organizations.
The key companies discussed in this security testing market report are Accenture, Applause, Cenzic, Cisco, HP, IBM, Mcafee, NT Objectives, Veracode, and White Hat Security. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=295177.
List of Figures of Security Testing Market by Network Security Testing, Application Security Testing, SAST, DAST, Security Testing Tools, Penetration Testing Tools, Automated Testing Tools, Code Review Tools - Global Advancements, Forecasts & Analysis (2014 - 2019) research reports includes:
Figure 1 Research Methodology
Figure 2 Data Triangulation
Figure 3 Market Growth, 21014-2019, (Y-O-Y %)
Figure 4 Market Evolution
Figure 5 Market Segmentation
Figure 6 Impact Analysis of Dro
Figure 7 Market Ecosystem
Figure 8 Network Security Testing: Market Growth, By Service, 2014-2019, (Y-O-Y %)
Figure 9 Application Security Testing: Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 10 Application Security Testing: Market Growth, By Types, 2014-2019 (Y-O-Y %)
Figure 11 Security Testing Tools Market Growth, By Regions, 2014-2019 (Y-O-Y %)
Figure 12 Security Testing, Market Growth, By Deployment Model, 2014-2019, (Y-O-Y %)
Figure 13 Market Growth, By Verticals, 2014-2019 (Y-O-Y %)
Figure 14 Market By Region
Figure 15 Market Growth, By Region, 2014-2019, (Y-O-Y %)
Figure 16 Portfolio Comparison
Figure 17 Opportunity Plot
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