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Global Dynamic Application Security Testing Market Industry Size, Share, Analysis, Trend & Forecast 2022

Press Release   •   Jan 23, 2018 13:52 IST

Bharat Book Bureau Provides the Trending Market Research Report on “Global Dynamic Application Security Testing Market Forecast to 2022” under Technology & Media. The report provides information on industry overview, market size, latest developments, industry trends, Key Vendors, global presence, and their future prospects.

The increasing sophistication level of cyber-attacks is expected to drive the growth of the Dynamic Application Security Testing (DAST) market

The Dynamic Application Security Testing (DAST) market size is expected to grow from USD 736.0 million in 2017 to USD 2,398.5 million by 2022, at a Compound Annual Growth Rate (CAGR) of 26.7% during the forecast period. Major drivers of the DAST market include the increasing degree of business risks due to application vulnerabilities, stringent government regulations, increasing sophistication level of cyber-attacks, and growing adoption of third-party applications.

DAST services segment is expected to grow at a higher rate during the forecast period

DAST services refer to the assistance and solutions provided by the DAST security vendors. These services assist organizations in planning, implementing, integrating, and monitoring the application security environment using the industry-defined best practices.

Mobile application security is expected to grow at the highest rate during the forecast period

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Mobile application security refers to the security approach used to protect the mobile applications running on devices, such as smartphones and tablets. Third-party applications can have a substantial impact on cybersecurity, vulnerable with threats at the same time as augment business processes.

Asia Pacific (APAC) is expected to grow at the highest rate during the forecast period

As per the regional analysis, the DAST market in APAC is expected to witness the fastest growth. Due to the rapid growth of web and mobile applications in the region, the need to protect these applications from vulnerabilities is a major concern. It is expected to drive the demand for DAST solutions, which identify security gaps in the application code and reduce risks.

The break-up profiles of the primary discussion participants are given below:

- By Company Type: Tier 1 (45%), Tier 2 (30%), and Tier 3 (25%)

- By Designation: C-Level (45%), Director Level (35%), and Manager Level (20%)

- By Region: North America (50%), APAC (10%), Europe (25%), and RoW (15%)

The following key DAST market vendors are profiled in the report:

Accenture (Republic of Ireland), IBM (US), Micro Focus (UK), Veracode (US), Synopsys (US), Pradeo (France), Rapid7 (US), Tieto (Finland), Trustwave (US), and WhiteHat Security (US).

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https://www.bharatbook.com/information-technology-market-research-reports-985092/dynamic-application-security-testing-type-application-region-global-forecast.html

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