The Application Security Market size was valued at USD 7.59 Billion in 2023 and is expected to reach USD 29.11 Billion by 2031 and grow at a CAGR of 18.5% over the forecast period 2024-2031.
The application security market is experiencing a surge, addressing the growing need to safeguard software applications from cyberattacks. This market offers a variety of tools and services to identify, prevent, and rectify vulnerabilities in web and mobile apps. Encompassing security testing software that scans code for weaknesses to professional services that aid with security strategy and implementation, this market caters to organizations of all sizes. The increasing number of applications, widespread use of open-source code, and the constant threat of cyberattacks are driving market growth.
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Furthermore, advancements in artificial intelligence and machine learning are creating exciting possibilities. AI has the potential to streamline application security by automating tasks, enhancing threat detection, and recommending remediation strategies. As businesses prioritize the protection of their critical software assets, the application security market is poised for continued expansion.
KEY DRIVERS:
Rising cyber threats and data breaches it increasing frequency and sophistication of cyberattacks are compelling businesses to prioritize application security to safeguard sensitive data and prevent disruptions.
The growing adoption of mobile and web applications the proliferation of mobile devices and the widespread use of web applications for various purposes necessitate robust security measures.
Stringent data privacy Regulations like GDPR and CCPA are mandating stricter data protection practices, driving the demand for application security solutions.
RESTRAINTS:
High cost of implementation and maintenance it will Implementing and maintaining advanced application security solutions can be expensive for some organizations, particularly small and medium-sized businesses.
Integrating various application security tools into existing IT infrastructure can be complex and time-consuming.
Implementing and maintaining advanced application security solutions can be costly and complex, especially for small and medium-sized businesses (SMBs). The initial investment includes purchasing security software and hardware or subscribing to cloud services, followed by ongoing expenses such as subscription fees and software updates. Integrating new tools into existing IT infrastructure can be challenging due to compatibility issues and may require specialized training for IT staff. Additionally, regular maintenance, monitoring, and compliance with industry regulations add to the overall cost. SMBs may struggle with these challenges due to limited budgets and resources, making advanced security solutions a financial burden.
OPPORTUNITY:
Adoption of artificial intelligence and machine learning in web- and mobile-based security processes to boost application security market demand.
The growing popularity of Software-as-a-Service (SaaS) application security solutions offers a cost-effective and scalable option for businesses.
The adoption of automation and machine learning in application security tools can streamline processes, improve efficiency, and enhance threat detection capabilities.
CHALLENGES:
Security solutions need to stay up-to-date with constantly evolving cyber threats and vulnerabilities.
The adoption of agile development methodologies requires security solutions that can integrate seamlessly into these workflows.
Impact of Russian-Ukraine War
The Russia-Ukraine war has had a significant impact on the application security market due to the increased cyber threats associated with the conflict. Cyberattacks such as ransomware, distributed denial-of-service (DDoS) attacks, and other forms of cyber warfare have escalated, targeting businesses, governments, and critical infrastructure. As a result, there has been a heightened focus on application security to safeguard digital assets and online services from these threats. Organizations are investing more in security solutions, such as web application firewalls and API security tools, to protect against emerging threats. Additionally, the conflict has encouraged greater collaboration and information sharing among cybersecurity professionals and organizations worldwide, helping them stay ahead of potential risks.
Impact of Economic Slowdown
An economic slowdown can have a complex impact on the application security market. Companies facing budget constraints may reduce spending on application security solutions, leading to slower adoption of new technologies and delayed implementation of upgrades. This can increase the risk of cyberattacks and data breaches, as organizations may have outdated security measures in place. In an economic downturn, companies may focus on cost-effective security solutions, seeking budget-friendly options that still offer robust protection. This shift may drive vendors to innovate and offer more affordable, scalable products and services tailored to cost-conscious customers.
Additionally, economic challenges can lead to market consolidation as smaller security vendors struggle to survive. This may impact competition and innovation within the market, potentially limiting the variety of options available to organizations.
By Component
Solution
Services
The solution segment dominated the market in 2023, capturing over 68% of the revenue share. Application security solutions play a key role in identifying and managing risks associated with open-source and third-party components during the development and production of security platforms. They prioritize the most critical issues by combining risk scores from software composition, static, and dynamic analysis, while users can filter across various security tests.
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By Solution
Web Application Security
Mobile Application Security
The web application security segment led the market in terms of revenue share in 2023. It protects APIs, apps, and websites from cyberattacks to ensure smooth operations and protect businesses from data theft, unethical competition, and other negative impacts. As online threats rise, organizations are focusing more on tailored web application security services for their specific industry needs, boosting the segment's growth.
By Service
Professional Services
Managed Services
By Testing type
Static Application Security Testing
Dynamic Application Security Testing
Interactive Application Security Testing
Runtime Application Self-Protection
Static Application Security Testing (SAST) accounted for the largest revenue in 2023. SAST starts early in the software development process, even before any code is run, and doesn't need a working program. It helps developers catch vulnerabilities early on, allowing them to fix issues quickly without affecting builds or passing problems on to the final product, boosting market growth for this segment.
Dynamic Application Security Testing (DAST) is projected to grow the fastest in the coming years. As businesses depend more on web and mobile apps, there has been an increase in security risks, which is a major cause of data breaches.
By Deployment
Cloud
On-premise
By Organization Size
Small and medium enterprise
Large enterprise
By End-User
BFSI
Government and defense
Healthcare
IT & Telecom
Manufacturing
Retail
Others
REGIONAL ANALYSIS:
North America led the market share in 2023. This growth is primarily driven by the rise in cloud-based networking and mobile device usage, as well as the presence of major players like International Business Machines Corporation, Cisco Systems, Inc., and Synopsys, Inc. With increasing security breaches targeting business applications, North America is expected to experience the fastest growth during the forecast period. Additionally, the region is projected to see an increase in the number of SMEs.
Asia Pacific is expected to experience the fastest market growth. The region's application security is likely to advance due to the adoption of SaaS-based security solutions and the bring-your-own-device (BYOD) trend among businesses. Furthermore, the increasing use of AI and ML in security to quickly identify threats and vulnerabilities is also driving the adoption rate of application security solutions in the market.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are IBM Corporation, Capgemini, MicroFocus, Cisco Systems Inc., Synopsys, Veracode, Whitehat Security, RAPID7, Qualys, HCL Technologies & Other Players
Recent Development
In November 2023: Require Security Inc., a cybersecurity firm, introduced Falcon, a Runtime Application Security Protection application. This solution provides top-tier security for companies relying on open-source libraries, shielding them from potential threats and vulnerabilities.
In October 2023: Checkmarx Ltd., a cloud-based application security provider, unveiled its Checkmarx Technology Partner program. This initiative grants businesses quick access to a range of technology partner features, enabling them to enhance the AppSec platform. The program simplifies the integration of various technology partner capabilities into the AppSec platform.
In July 2023: New Relic, Inc., a web tracking and analytics company, launched the Interactive Application Security Testing (IAST). Relic IAST not only offers guided remediation and advanced detection accuracy but also provides enhanced visibility and context to security findings.
| Report Attributes | Details |
| Market Size in 2023 | USD 7.59 Billion |
| Market Size by 2031 | USD 29.11 Billion |
| CAGR | CAGR 18.5% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• by Component (Solution and Services) • by solution ( Web Application Security, Mobile Application Security) • by Services ( Professional Services, Managed Services) • by Testing Type (Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing, and Runtime Application Self-Protection) • by Deployment (Cloud, On-premise) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | IBM Corporation, Capgemini, MicroFocus, Cisco Systems Inc., Synopsys, Veracode, Whitehat Security, RAPID7, Qualys, and HCL Technologies |
| Key Drivers |
• Rising cyber threats and data breaches it increasing frequency and sophistication of cyberattacks are compelling businesses to prioritize application security to safeguard sensitive data and prevent disruptions. • The growing adoption of mobile and web applications the proliferation of mobile devices and the widespread use of web applications for various purposes necessitate robust security measures. • Stringent data privacy Regulations like GDPR and CCPA are mandating stricter data protection practices, driving the demand for application security solutions. |
| Market Restraints |
• High cost of implementation and maintenance it will Implementing and maintaining advanced application security solutions can be expensive for some organizations, particularly small and medium-sized businesses. • Integrating various application security tools into existing IT infrastructure can be complex and time-consuming. |
North America is expected to hold the largest market share during the forecast period.
The Solution segment is leading in the market revenue share in 2023.
The Asia-Pacific region is anticipated to record the Fastest Growing in the Application Security Market.
Application Security Market size was USD 7.59 billion in 2023 and is expected to Reach USD 29.11 billion by 2031.
The Application Security Market is expected to grow at a CAGR of 18.5%.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Application Security Market Segmentation, By Component
9.1 Introduction
9.2 Trend Analysis
9.3 Solution
9.4 Services
10. Application Security Market Segmentation, By Solution
10.1 Introduction
10.2 Trend Analysis
10.3 Web Application Security
10.4 Mobile Application Security
11. Application Security Market Segmentation, By Service
11.1 Introduction
11.2 Trend Analysis
11.3 Professional Services
11.4 Managed Services
12. Application Security Market Segmentation, By Testing type
12.1 Introduction
12.2 Trend Analysis
12.3 Static Application Security Testing
12.4 Dynamic Application Security Testing
12.5 Interactive Application Security Testing
12.6 Runtime Application Self-Protection
13. Application Security Market Segmentation, By Deployment
13.1 Introduction
13.2 Trend Analysis
13.3 Cloud
13.4 On-premise
14. Application Security Market Segmentation, By Organization Size
14.1 Introduction
14.2 Trend Analysis
14.3 Small and medium enterprise
14.4 Large enterprise
15. Application Security Market Segmentation, By End-User
15.1 Introduction
15.2 Trend Analysis
15.3 BFSI
15.4 Government and defense
15.5 Healthcare
15.6 IT & Telecom
15.7 Manufacturing
15.8 Retail
15.9 Others
16. Regional Analysis
16.1 Introduction
16.2 North America
16.2.1 Trend Analysis
16.2.2 North America Application Security, By Country
16.2.3 North America Application Security Market Segmentation, By Component
16.2.4 North America Application Security Market Segmentation, By Solution
16.2.5 North America Application Security Market Segmentation, By Service
16.2.6 North America Application Security Market Segmentation, By Testing Type
16.2.7 North America Application Security Market Segmentation, By Deployment
16.2.8 North America Application Security Market Segmentation, By Organization Size
16.2.9 North America Application Security Market Segmentation, By End-User
16.2.10 USA
16.2.10.1 USA Application Security Market Segmentation, By Component
16.2.10.2 USA Application Security Market Segmentation, By Solution
16.2.10.3 USA Application Security Market Segmentation, By Service
16.2.10.4 USA Application Security Market Segmentation, By Testing Type
16.2.10.5 USA Application Security Market Segmentation, By Deployment
16.2.10.6 USA Application Security Market Segmentation, By Organization Size
16.2.10.7 USA Application Security Market Segmentation, By End-User
16.2.11 Canada
16.2.11.1 Canada Application Security Market Segmentation, By Component
16.2.11.2 Canada Application Security Market Segmentation, By Solution
16.2.11.3 Canada Application Security Market Segmentation, By Service
16.2.11.4 Canada Application Security Market Segmentation, By Testing Type
16.2.11.5 Canada Application Security Market Segmentation, By Deployment
16.2.11.6 Canada Application Security Market Segmentation, By Organization Size
16.2.11.7 Canada Application Security Market Segmentation, By End-User
16.2.12 Mexico
16.2.12.1 Mexico Application Security Market Segmentation, By Component
16.2.12.2 Mexico Application Security Market Segmentation, By Solution
16.2.12.3 Mexico Application Security Market Segmentation, By Service
16.2.12.4 Mexico Application Security Market Segmentation, By Testing Type
16.2.12.5 Mexico Application Security Market Segmentation, By Deployment
16.2.12.6 Mexico Application Security Market Segmentation, By Organization Size
16.2.12.7 Mexico Application Security Market Segmentation, By End-User
16.3 Europe
16.3.1 Trend Analysis
16.3.2 Eastern Europe
16.3.2.1 Eastern Europe Application Security Market, By Country
16.3.2.2 Eastern Europe Application Security Market Segmentation, By Component
16.3.2.3 Eastern Europe Application Security Market Segmentation, By Solution
16.3.2.4 Eastern Europe Application Security Market Segmentation, By Service
16.3.2.5 Eastern Europe Application Security Market Segmentation, By Testing Type
16.3.2.6 Eastern Europe Application Security Market Segmentation, By Deployment
16.3.2.7 Eastern Europe Application Security Market Segmentation, By Organization Size
16.3.2.8 Eastern Europe Application Security Market Segmentation, By End-User
16.3.2.9 Poland
16.3.2.9.1 Poland Application Security Market Segmentation, By Component
16.3.2.9.2 Poland Application Security Market Segmentation, By Solution
16.3.2.9.3 Poland Application Security Market Segmentation, By Service
16.3.2.9.4 Poland Application Security Market Segmentation, By Testing Type
16.3.2.9.5 Poland Application Security Market Segmentation, By Deployment
16.3.2.9.6 Poland Application Security Market Segmentation, By Organization Size
16.3.2.9.7 Poland Application Security Market Segmentation, By End-User
16.3.2.10 Romania
16.3.2.10.1 Romania Application Security Market Segmentation, By Component
16.3.2.10.2 Romania Application Security Market Segmentation, By Solution
16.3.2.10.3 Romania Application Security Market Segmentation, By Service
16.3.2.10.4 Romania Application Security Market Segmentation, By Testing Type
16.3.2.10.5 Romania Application Security Market Segmentation, By Deployment
16.3.2.10.6 Romania Application Security Market Segmentation, By Organization Size
16.3.2.10.7 Romania Application Security Market Segmentation, By End-User
16.3.2.11 Hungary
16.3.2.11.1 Hungary Application Security Market Segmentation, By Component
16.3.2.11.2 Hungary Application Security Market Segmentation, By Solution
16.3.2.11.3 Hungary Application Security Market Segmentation, By Service
16.3.2.11.4 Hungary Application Security Market Segmentation, By Testing Type
16.3.2.11.5 Hungary Application Security Market Segmentation, By Deployment
16.3.2.11.6 Hungary Application Security Market Segmentation, By Organization Size
16.3.2.11.7 Hungary Application Security Market Segmentation, By End-User
16.3.2.12 Turkey
16.3.2.12.1 Turkey Application Security Market Segmentation, By Component
16.3.2.12.2 Turkey Application Security Market Segmentation, By Solution
16.3.2.12.3 Turkey Application Security Market Segmentation, By Service
16.3.2.12.4 Turkey Application Security Market Segmentation, By Testing Type
16.3.2.12.5 Turkey Application Security Market Segmentation, By Deployment
16.3.2.12.6 Turkey Application Security Market Segmentation, By Organization Size
16.3.2.12.7 Turkey Application Security Market Segmentation, By End-User
16.3.2.13 Rest of Eastern Europe
16.3.2.13.1 Rest of Eastern Europe Application Security Market Segmentation, By Component
16.3.2.13.2 Rest of Eastern Europe Application Security Market Segmentation, By Solution
16.3.2.13.3 Rest of Eastern Europe Application Security Market Segmentation, By Service
16.3.2.13.4 Rest of Eastern Europe Application Security Market Segmentation, By Testing Type
16.3.2.13.5 Rest of Eastern Europe Application Security Market Segmentation, By Deployment
16.3.2.13.6 Rest of Eastern Europe Application Security Market Segmentation, By Organization Size
16.3.2.13.7 Rest of Eastern Europe Application Security Market Segmentation, By End-User
16.3.3 Western Europe
16.3.3.1 Western Europe Application Security Market, By Country
16.3.3.2 Western Europe Application Security Market Segmentation, By Component
16.3.3.3 Western Europe Application Security Market Segmentation, By Solution
16.3.3.4 Western Europe Application Security Market Segmentation, By Service
16.3.3.5 Western Europe Application Security Market Segmentation, By Testing Type
16.3.3.6 Western Europe Application Security Market Segmentation, By Deployment
16.3.3.7 Western Europe Application Security Market Segmentation, By Organization Size
16.3.3.8 Western Europe Application Security Market Segmentation, By End-User
16.3.3.9 Germany
16.3.3.9.1 Germany Application Security Market Segmentation, By Component
16.3.3.9.2 Germany Application Security Market Segmentation, By Solution
16.3.3.9.3 Germany Application Security Market Segmentation, By Service
16.3.3.9.4 Germany Application Security Market Segmentation, By Testing Type
16.3.3.9.5 Germany Application Security Market Segmentation, By Deployment
16.3.3.9.6 Germany Application Security Market Segmentation, By Organization Size
16.3.3.9.7 Germany Application Security Market Segmentation, By End-User
16.3.3.10 France
16.3.3.10.1 France Application Security Market Segmentation, By Component
16.3.3.10.2 France Application Security Market Segmentation, By Solution
16.3.3.10.3 France Application Security Market Segmentation, By Service
16.3.3.10.4 France Application Security Market Segmentation, By Testing Type
16.3.3.10.5 France Application Security Market Segmentation, By Deployment
16.3.3.10.6 France Application Security Market Segmentation, By Organization Size
16.3.3.10.7 France Application Security Market Segmentation, By End-User
16.3.3.11 UK
16.3.3.11.1 UK Application Security Market Segmentation, By Component
16.3.3.11.2 UK Application Security Market Segmentation, By Solution
16.3.3.11.3 UK Application Security Market Segmentation, By Service
16.3.3.11.4 UK Application Security Market Segmentation, By Testing Type
16.3.3.11.5 UK Application Security Market Segmentation, By Deployment
16.3.3.11.6 UK Application Security Market Segmentation, By Organization Size
16.3.3.11.7 UK Application Security Market Segmentation, By End-User
16.3.3.12 Italy
16.3.3.12.1 Italy Application Security Market Segmentation, By Component
16.3.3.12.2 Italy Application Security Market Segmentation, By Solution
16.3.3.12.3 Italy Application Security Market Segmentation, By Service
16.3.3.12.4 Italy Application Security Market Segmentation, By Testing Type
16.3.3.12.5 Italy Application Security Market Segmentation, By Deployment
16.3.3.12.6 Italy Application Security Market Segmentation, By Organization Size
16.3.3.12.7 Italy Application Security Market Segmentation, By End-User
16.3.3.13 Spain
16.3.3.13.1 Spain Application Security Market Segmentation, By Component
16.3.3.13.2 Spain Application Security Market Segmentation, By Solution
16.3.3.13.3 Spain Application Security Market Segmentation, By Service
16.3.3.13.3 Spain Application Security Market Segmentation, By Testing Type
16.3.3.13.4 Spain Application Security Market Segmentation, By Deployment
16.3.3.13.6 Spain Application Security Market Segmentation, By Organization Size
16.3.3.13.7 Spain Application Security Market Segmentation, By End-User
16.3.3.14 Netherlands
16.3.3.14.1 Netherlands Application Security Market Segmentation, By Component
16.3.3.14.2 Netherlands Application Security Market Segmentation, By Solution
16.3.3.14.3 Netherlands Application Security Market Segmentation, By Service
16.3.3.14.3 Netherlands Application Security Market Segmentation, By Testing Type
16.3.3.14.4 Netherlands Application Security Market Segmentation, By Deployment
16.3.3.14.6 Netherlands Application Security Market Segmentation, By Organization Size
16.3.3.14.7 Netherlands Application Security Market Segmentation, By End-User
16.3.3.15 Switzerland
16.3.3.15.1 Switzerland Application Security Market Segmentation, By Component
16.3.3.15.2 Switzerland Application Security Market Segmentation, By Solution
16.3.3.15.3 Switzerland Application Security Market Segmentation, By Service
16.3.3.15.4 Switzerland Application Security Market Segmentation, By Testing Type
16.3.3.15.5 Switzerland Application Security Market Segmentation, By Deployment
16.3.3.15.6 Switzerland Application Security Market Segmentation, By Organization Size
16.3.3.15.7 Switzerland Application Security Market Segmentation, By End-User
16.3.3.16 Austria
16.3.3.16.1 Austria Application Security Market Segmentation, By Component
16.3.3.16.2 Austria Application Security Market Segmentation, By Solution
16.3.3.16.3 Austria Application Security Market Segmentation, By Service
16.3.3.16.4 Austria Application Security Market Segmentation, By Testing Type
16.3.3.16.5 Austria Application Security Market Segmentation, By Deployment
16.3.3.16.6 Austria Application Security Market Segmentation, By Organization Size
16.3.3.16.7 Austria Application Security Market Segmentation, By End-User
16.3.3.17 Rest of Western Europe
16.3.3.17.1 Rest of Western Europe Application Security Market, By Component
16.3.3.17.2 Rest of Western Europe Application Security Market Segmentation, By Solution
16.3.3.17.3 Rest of Western Europe Application Security Market Segmentation, By Service
16.3.3.17.4 Rest of Western Europe Application Security Market Segmentation, By Testing Type
16.3.3.17.5 Rest of Western Europe Application Security Market Segmentation, By Deployment
16.3.3.17.6 Rest of Western Europe Application Security Market Segmentation, By Organization Size
16.3.3.17.7 Rest of Western Europe Application Security Market Segmentation, By End-User
16.4 Asia-Pacific
16.4.1 Trend Analysis
16.4.2 Asia-Pacific Application Security Market, By Country
16.4.3 Asia-Pacific Application Security Market Segmentation, By Component
16.4.4 Asia-Pacific Application Security Market Segmentation, By Solution
16.4.5 Asia-Pacific Application Security Market Segmentation, By Service
16.4.6 Asia-Pacific Application Security Market Segmentation, By Testing Type
16.4.7 Asia-Pacific Application Security Market Segmentation, By Deployment
16.3.8 Asia-Pacific Application Security Market Segmentation, By Organization Size
16.3.9 Asia-Pacific Application Security Market Segmentation, By End-User
16.4.10 China
16.4.10.1 China Application Security Market Segmentation, By Component
16.4.10.2 China Application Security Market Segmentation, By Solution
16.4.10.3 China Application Security Market Segmentation, By Service
16.4.10.4 China Application Security Market Segmentation, By Testing Type
16.4.10.5 China Application Security Market Segmentation, By Deployment
16.4.10.6 China Application Security Market Segmentation, By Organization Size
16.4.10.7 China Application Security Market Segmentation, By End-User
16.4.11 India
16.4.11.1 India Application Security Market Segmentation, By Component
16.4.11.2 India Application Security Market Segmentation, By Solution
16.4.11.3 India Application Security Market Segmentation, By Service
16.4.11.4 India Application Security Market Segmentation, By Testing Type
16.4.11.5 India Application Security Market Segmentation, By Deployment
16.4.11.6 India Application Security Market Segmentation, By Organization Size
16.4.11.7 India Application Security Market Segmentation, By End-User
16.4.12 Japan
16.4.12.1 Japan Application Security Market Segmentation, By Component
16.4.12.2 Japan Application Security Market Segmentation, By Solution
16.4.12.3 Japan Application Security Market Segmentation, By Service
16.4.12.4 Japan Application Security Market Segmentation, By Testing Type
16.4.12.5 Japan Application Security Market Segmentation, By Deployment
16.4.12.6 Japan Application Security Market Segmentation, By Organization Size
16.4.12.7 Japan Application Security Market Segmentation, By End-User
16.4.13 South Korea
16.4.13.1 South Korea Application Security Market Segmentation, By Component
16.4.13.2 South Korea Application Security Market Segmentation, By Solution
16.4.13.3 South Korea Application Security Market Segmentation, By Service
16.4.13.4 South Korea Application Security Market Segmentation, By Testing Type
16.4.13.5 South Korea Application Security Market Segmentation, By Deployment
16.4.13.6 South Korea Application Security Market Segmentation, By Organization Size
16.4.13.7 South Korea Application Security Market Segmentation, By End-User
16.4.14 Vietnam
16.4.14.1 Vietnam Application Security Market Segmentation, By Component
16.4.14.2 Vietnam Application Security Market Segmentation, By Solution
16.4.14.3 Vietnam Application Security Market Segmentation, By Service
16.4.14.4 Vietnam Application Security Market Segmentation, By Testing Type
16.4.14.5 Vietnam Application Security Market Segmentation, By Deployment
16.4.14.6 Vietnam Application Security Market Segmentation, By Organization Size
16.4.14.7 Vietnam Application Security Market Segmentation, By End-User
16.4.15 Singapore
16.4.15.1 Singapore Application Security Market Segmentation, By Component
16.4.15.2 Singapore Application Security Market Segmentation, By Solution
16.4.15.3 Singapore Application Security Market Segmentation, By Service
16.4.15.4 Singapore Application Security Market Segmentation, By Testing Type
16.4.15.5 Singapore Application Security Market Segmentation, By Deployment
16.4.15.6 Singapore Application Security Market Segmentation, By Organization Size
16.4.15.7 Singapore Application Security Market Segmentation, By End-User
16.4.16 Australia
16.4.16.1 Australia Application Security Market Segmentation, By Component
16.4.16.2 Australia Application Security Market Segmentation, By Solution
16.4.16.3 Australia Application Security Market Segmentation, By Service
16.4.16.4 Australia Application Security Market Segmentation, By Testing Type
16.4.16.5 Australia Application Security Market Segmentation, By Deployment
16.4.16.6 Australia Application Security Market Segmentation, By Organization Size
16.4.16.7 Australia Application Security Market Segmentation, By End-User
16.4.17 Rest of Asia-Pacific
16.4.17.1 Rest of Asia-Pacific Application Security Market Segmentation, By Component
16.4.17.2 Rest of Asia-Pacific Application Security Market Segmentation, By Solution
16.4.17.3 Rest of Asia-Pacific Application Security Market Segmentation, By Service
16.4.17.4 Rest of Asia-Pacific Application Security Market Segmentation, By Testing Type
16.4.17.5 Rest of Asia-Pacific Application Security Market Segmentation, By Deployment
16.4.17.6 Rest of Asia-Pacific Application Security Market Segmentation, By Organization Size
16.4.17.7 Rest of Asia-Pacific Application Security Market Segmentation, By End-User
16.5 Middle East & Africa
16.5.1 Trend Analysis
16.5.2 Middle East
16.5.2.1 Middle East Application Security Market, By Country
16.5.2.2 Middle East Application Security Market Segmentation, By Component
16.5.2.3 Middle East Application Security Market Segmentation, By Solution
16.5.2.4 Middle East Application Security Market Segmentation, By Service
16.5.2.5 Middle East Application Security Market Segmentation, By Testing Type
16.5.2.6 Middle East Application Security Market Segmentation, By Deployment
16.4.2.7 Middle East Application Security Market Segmentation, By Organization Size
16.4.2.8 S Middle East ales Intelligence Market Segmentation, By End-User
16.5.2.9 UAE
16.5.2.9.1 UAE Application Security Market Segmentation, By Component
16.5.2.9.2 UAE Application Security Market Segmentation, By Solution
16.5.2.9.3 UAE Application Security Market Segmentation, By Service
16.5.2.9.4 UAE Application Security Market Segmentation, By Testing type
16.5.2.9.5 UAE Application Security Market Segmentation, By Deployment
16.4.2.9.6 UAE Application Security Market Segmentation, By Organization Size
16.4.2.9.7 UAE Application Security Market Segmentation, By End-User
16.5.2.10 Egypt
16.5.2.10.1 Egypt Application Security Market Segmentation, By Component
16.5.2.10.2 Egypt Application Security Market Segmentation, By Solution
16.5.2.10.3 Egypt Application Security Market Segmentation, By Service
16.5.2.10.4 Egypt Application Security Market Segmentation, By Testing Type
16.5.2.10.5 Egypt Application Security Market Segmentation, By Deployment
16.4.2.10.6 Egypt Application Security Market Segmentation, By Organization Size
16.4.2.10.7 Egypt Application Security Market Segmentation, By End-User
16.5.2.11 Saudi Arabia
16.5.2.11.1 Saudi Arabia Application Security Market Segmentation, By Component
16.5.2.11.2 Saudi Arabia Application Security Market Segmentation, By Solution
16.5.2.11.3 Saudi Arabia Application Security Market Segmentation, By Service
16.5.2.11.4 Saudi Arabia Application Security Market Segmentation, By Testing Type
16.5.2.11.5 Saudi Arabia Application Security Market Segmentation, By Deployment
16.4.2.11.6 Saudi Arabia Application Security Market Segmentation, By Organization Size
16.4.2.11.7 Saudi Arabia Application Security Market Segmentation, By End-User
16.5.2.12 Qatar
16.5.2.12.1 Qatar Application Security Market Segmentation, By Component
16.5.2.12.2 Qatar Application Security Market Segmentation, By Solution
16.5.2.12.3 Qatar Application Security Market Segmentation, By Service
16.5.2.12.4 Qatar Application Security Market Segmentation, By Testing Type
16.5.2.12.5 Qatar Application Security Market Segmentation, By Deployment
16.4.2.12.6 Qatar Application Security Market Segmentation, By Organization Size
16.4.2.12.7 Qatar Application Security Market Segmentation, By End-User
16.5.2.13 Rest of Middle East
16.5.2.13.1 Rest of Middle East Application Security Market Segmentation, By Component
16.5.2.13.2 Rest of Middle East Application Security Market Segmentation, By Solution
16.5.2.13.3 Rest of Middle East Application Security Market Segmentation, By Service
16.5.2.13.4 Rest of Middle East Application Security Market Segmentation, By Testing Type
16.5.2.13.5 Rest of Middle East Application Security Market Segmentation, By Deployment
16.4.2.13.6 Rest of Middle East Application Security Market Segmentation, By Organization Size
16.4.2.13.7 Rest of Middle East Application Security Market Segmentation, By End-User
16.5.3 Africa
16.5.3.1 Africa Application Security Market, By Country
16.5.3.2 Africa Application Security Market Segmentation, By Component
16.5.3.3 Africa Application Security Market Segmentation, By Solution
16.5.3.4 Africa Application Security Market Segmentation, By Service
16.5.3.5 Africa Application Security Market Segmentation, By Testing Type
16.5.3.6 Africa Application Security Market Segmentation, By Deployment
16.5.3.7 Africa Application Security Market Segmentation, By Organization Size
16.5.3.8 Africa Application Security Market Segmentation, By End-User
16.5.3.9 Nigeria
16.5.3.9.1 Nigeria Application Security Market Segmentation, By Component
16.5.3.9.2 Nigeria Application Security Market Segmentation, By Solution
16.5.3.9.3 Nigeria Application Security Market Segmentation, By Service
16.5.3.9.4 Nigeria Application Security Market Segmentation, By Testing Type
16.5.3.9.5 Nigeria Application Security Market Segmentation, By Deployment
16.5.3.9.6 Nigeria Application Security Market Segmentation, By Organization Size
16.5.3.9.7 Nigeria Application Security Market Segmentation, By End-User
16.5.3.10 South Africa
16.5.3.10.1 South Africa Application Security Market Segmentation, By Component
16.5.3.10.2 South Africa Application Security Market Segmentation, By Solution
16.5.3.10.3 South Africa Application Security Market Segmentation, By Service
16.5.3.10.4 South Africa Application Security Market Segmentation, By Testing Type
16.5.3.10.5 South Africa Application Security Market Segmentation, By Deployment
16.5.3.10.6 South Africa Application Security Market Segmentation, By Organization Size
16.5.3.10.7 South Africa Application Security Market Segmentation, By End-User
16.5.3.11 Rest of Africa
16.5.3.11.1 Rest of Africa Application Security Market Segmentation, By Component
16.5.3.11.2 Rest of Africa Application Security Market Segmentation, By Solution
16.5.3.11.3 Rest of Africa Application Security Market Segmentation, By Service
16.5.3.11.4 Rest of Africa Application Security Market Segmentation, By Testing Type
16.5.3.11.5 Rest of Africa Application Security Market Segmentation, By Deployment
16.5.3.11.6 Rest of Africa Application Security Market Segmentation, By Organization Size
16.5.3.11.7 Rest of Africa Application Security Market Segmentation, By End-User
16.6 Latin America
16.6.1 Trend Analysis
16.6.2 Latin America Application Security Market, By Country
16.6.3 Latin America Application Security Market Segmentation, By Component
16.6.4 Latin America Application Security Market Segmentation, By Solution
16.6.5 Latin America Application Security Market Segmentation, By Service
16.6.6 Latin America Application Security Market Segmentation, By Testing Type
16.6.7 Latin America Application Security Market Segmentation, By Deployment
16.6.8 Latin America Application Security Market Segmentation, By Organization Size
16.6.9 Latin America Application Security Market Segmentation, By End-User
16.6.10 Brazil
16.6.10.1 Brazil Application Security Market Segmentation, By Component
16.6.10.2 Brazil Application Security Market Segmentation, By Solution
16.6.10.3 Brazil Application Security Market Segmentation, By Service
16.6.10.4 Brazil Application Security Market Segmentation, By Testing Type
16.6.10.5 Brazil Application Security Market Segmentation, By Deployment
16.6.10.6 Brazil Application Security Market Segmentation, By Organization Size
16.6.10.7 Brazil Application Security Market Segmentation, By End-User
16.6.11 Argentina
16.6.11.1 Argentina Application Security Market Segmentation, By Component
16.6.11.2 Argentina Application Security Market Segmentation, By Solution
16.6.11.3 Argentina Application Security Market Segmentation, By Service
16.6.11.3 Argentina Application Security Market Segmentation, By Testing Type
16.6.11.4 Argentina Application Security Market Segmentation, By Deployment
16.6.11.6 Argentina Application Security Market Segmentation, By Organization Size
16.6.11.7 Argentina Application Security Market Segmentation, By End-User
16.6.12 Colombia
16.6.12.1 Colombia Application Security Market Segmentation, By Component
16.6.12.2 Colombia Application Security Market Segmentation, By Solution
16.6.12.3 Colombia Application Security Market Segmentation, By Service
16.6.12.3 Colombia Application Security Market Segmentation, By Testing Type
16.6.12.4 Colombia Application Security Market Segmentation, By Deployment
16.6.12.6 Colombia Application Security Market Segmentation, By Organization Size
16.6.12.7 Colombia Application Security Market Segmentation, By End-User
16.6.13 Rest of Latin America
16.6.13.1 Rest of Latin America Application Security Market Segmentation, By Component
16.6.13.2 Rest of Latin America Application Security Market Segmentation, By Solution
16.6.13.3 Rest of Latin America Application Security Market Segmentation, By Service
16.6.13.3 Rest of Latin America Application Security Market Segmentation, By Testing Type
16.6.13.4 Rest of Latin America Application Security Market Segmentation, By Deployment
16.6.13.6 Rest of Latin America Application Security Market Segmentation, By Organization Size
16.6.13.7 Rest of Latin America Application Security Market Segmentation, By End-User
17. Company Profiles
17.1 IBM Corporation
17.1.1 Company Overview
17.1.2 Financial
17.1.3 Products/ Services Offered
17.1.4 SWOT Analysis
17.1.5 The SNS View
17.2 Capgemini
17.2.1 Company Overview
17.2.2 Financial
17.2.3 Products/ Services Offered
17.2.4 SWOT Analysis
17.2.5 The SNS View
17.3 MicroFocus
17.3.1 Company Overview
17.3.2 Financial
17.3.3 Products/ Services Offered
17.3.4 SWOT Analysis
17.3.5 The SNS View
17.4 Cisco Systems Inc.
17.4.1 Company Overview
17.4.2 Financial
17.4.3 Products/ Services Offered
17.4.4 SWOT Analysis
17.4.5 The SNS View
17.5 Synopsys
17.5.1 Company Overview
17.5.2 Financial
17.5.3 Products/ Services Offered
17.5.4 SWOT Analysis
17.5.5 The SNS View
17.6 Veracode
17.6.1 Company Overview
17.6.2 Financial
17.6.3 Products/ Services Offered
17.6.4 SWOT Analysis
17.6.5 The SNS View
17.7 Whitehat Security
17.7.1 Company Overview
17.7.2 Financial
17.7.3 Products/ Services Offered
17.7.4 SWOT Analysis
17.7.5 The SNS View
17.8 RAPID7
17.8.1 Company Overview
17.8.2 Financial
17.8.3 Products/ Services Offered
17.8.4 SWOT Analysis
17.8.5 The SNS View
17.9 Qualys
17.9.1 Company Overview
17.9.2 Financial
17.9.3 Products/ Services Offered
17.9.4 SWOT Analysis
17.9.5 The SNS View
17.10 HCL Technologies
17.10.1 Company Overview
17.10.2 Financial
17.10.3 Products/ Services Offered
17.10.4 SWOT Analysis
17.10.5 The SNS View
18. Competitive Landscape
18.1 Competitive Benchmarking
18.2 Market Share Analysis
18.3 Recent Developments
18.3.1 Industry News
18.3.2 Company News
18.3.3 Mergers & Acquisitions
19. Use Case and Best Practices
20. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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