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Growing Requirement To Enhance Quality Of Security In Organizations To Bolster Runtime Application Self-Protection Security Market

Press Release   •   Oct 06, 2016 08:01 EDT has added the report ‘Global Runtime Application Self-Protection Security Market 2016-2020’ to its offering. This report presents an extensive evaluation of the runtime application self-protection security market. The report encapsulates the key threats and opportunities, the current, and predicted size of the market by the end of the forecast period. The dominant regions fuelling the development of this market and the outcomes of the five forces analysis also form a key part of this study. The competitive landscape section of the report presents the prominent players in the market and the fundamental sustainability strategies adopted by these players.

The first part of the report presenting the market overview section delves into the main market highlights and the definition of runtime application self-protection (RASP) security. RASP security helps in the protection of network applications owing to it be being integrated with the applications, in times of both runtime and production. It impedes or transforms database queries, malicious content, and token activity as per the nature of implementation. RASP has different capabilities including performance, coverage, real-time alerting, and integration and these capabilities vary by its deployment model. The global runtime application self-protection security market is predicted to expand at a whopping CAGR of approximately 44% between 2016 and 2020.

In the following section of the study, the market description, features of RASP, types of network attacks, and differences between web application firewall and RASP have been presented. After this section, the drivers, opportunities, and challenges faced by the runtime application self-protection security market have been elaborated upon. The growing requirement to enhance the quality of security in organizations is amongst the top factors providing impetus to the development of this market. The soaring count of DDoS attacks and the introduction of cloud-based RASP security solutions are amongst the prime trends seen in this market. However, the upcoming peril from open-source RASP may inhibit the development of this market in forthcoming years.

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Moving further, the segmentation of the market has been presented. In terms of end use, the market is categorized into large enterprises and SMEs. Amongst these, large enterprises will emerge as the top revenue generators in the market during the forecast horizon. This is due to the fact that large enterprises have a high incidence rate of web-based threats and cybercrimes including hacking, phishing, etc.

Geographically, the report categorizes the runtime application self-protection security market into the Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific (APAC). Of these, the Americas held a dominant share in the market in the past and is predicted to maintain its superiority all through the forecast period. This is owing to the increasing occurrence of cyber threats in North American organizations, thus raising the demand for security solutions.

The leading players in the market are HP, Cigital, WhiteHat Security, Veracode, Arxan Technology, Contrast Security, CyberGRC, and IMMUNIO, among others, as stated in this study.

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