Security Testing Market (Updated Version Available)

Security Testing Market Overview

Security Testing market size was worth USD 9.1 Billion in 2022, witnessing a CAGR of 22.5% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 46.1 Billion by 2030.

Security testing is a sort of software testing that identifies vulnerabilities, hazards, and dangers in a software programme and protects it against hostile intruder assaults. Furthermore, the rise of the security testing market is owing to its capacity to discover any possible flaws and vulnerabilities in the software system, which might result in a loss of information, money, or reputation at the hands of the organizations workers or outsiders. There are several opportunities in the security testing industry for small, medium, and large-scale enterprises.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	46.1 Billion
CAGR (2022-2030)	22.5%
By Type	Application Security Testing, Network Security Testing, Device Security Testing, Social Engineering
By Deployment Size	On-Premise and Cloud
By Organization Size	Large Enterprises, SMEs
By Vertical	SMEs, Large Enterprises, IT, Telecom, Retail and E-Commerce, Education, Others
By Geography	Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key Players	AT&T Inc., Cigniti, International Business Machines Corporation, McAfee, LLC, Micro Focus, NTT Security App Sec Solutions Inc., Rapid, SecureWorks Inc., Synopsys, Inc., Veracode

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We have conducted a 360-degree analysis of the Security Testing market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Security Testing Market Segmentation Analysis:-



By Type:

• Application Security Testing
• Network Security Testing
• Device Security Testing
• Social Engineering

By Deployment Size:

• On-premises
• Cloud

By Organization Size:

• Large Enterprises
• SMEs

By Vertical:

• IT
• Telecom
• Retail and E-Commerce
• Education
• Others

Global Security Testing Market Competitive Landscape:

The market research report on the Security Testing market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

AT&T Inc.
Cigniti
International Business Machines Corporation
McAfee
LLC
Micro Focus
NTT Security App Sec Solutions Inc.
Rapid
SecureWorks Inc.
Synopsys, Inc.
Veracode

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Security Testing Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Security Testing by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.