Dynamic Applications Security Testing Market Size was valued at USD 1.5 Billion in 2022. The Dynamic Applications Security Testing market industry is projected to rise from USD 1.86 Billion in 2023 to USD 10.5 Billion by the year 2032, exhibiting a compound yearly growth rate (CAGR) of 24.21% during the forecast period (2023 - 2032). Increased rate of adoption from e-commerce and rising rate of cybercrimes, and a higher range of third-party applications are the key market drivers enhancing the growth of market.
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for dynamic application security testing is being driven by the surging adoption of e-commerce. The growing rate of business risks in e-commerce acts as a key factor driving the significant growth of Dynamic Application Security Testing market. The increasing rate of cybercrimes is also boosting the growth of the market as multiple organizations are adopting a higher range of thirds party applications, and security breaches have become a key threat for the industries.
Shopping websites and several other e-commerce applications offer accessibility from numerous types of devices, causing the majority of security concerns. The payments made via e-wallet and many other online transaction applications utilize personal data like bank account details, therefore, leading to severe threats of password hacking and financial thefts. The integration of DAST tools aids in identifying vulnerabilities throughout a simulated or live production environment, hence, enhancing the security standards for the e-commerce applications. It has become highly important for e-commerce platforms to offer end-to-end security for their clients owing to the rising security breaches and generating data-sensitive surroundings. The utilization of dynamic application security testing assists in tracking threats when the applications are running, acting as a key advantage compared to static application security testing. These characteristics help in the improved identification of real-world hacking vulnerabilities, therefore, creating better adoption from the e-commerce section.
The growing rate of cybercrimes and data privacy concerns utilizing security tools by the e-commerce market is fueling the market growth. The utilization of advanced technologies by cyber hackers is creating higher requirements for the integration of efficient application security tools by enterprises. Thus, driving the Dynamic Applications Security Testing market revenue.
However, increased testing time is one of the main challenges to restraining the growth of DAST market as DAST tools need a running application; it takes time for the security testing process until the development process takes place. Further, these tools are not capable of finding sites of weakness in the code, causing the security teams of the organization to invest more time. All these factors are restraining the growth of the market.
The Dynamic Applications Security Testing market segmentation, based on application, includes Web Application Security and Mobile Application Security. The web application security segment dominated the market, accounting for the largest market revenue due to the rising threats towards web security. Web application assists in addressing public-facing e-commerce stores to internal financial systems, therefore boosting business growth while creating potential security threat concerns. This application also aids in enhancing the security of web applications from external to internal threats and attacks like SQL injection, cross-site scripting and many others, hence, boosting the market growth. Several businesses have begun to shift their focus towards prioritizing web security applications; organizations can assist in significantly lowering business risks, thus safeguarding their systems from cybercriminals.
Figure 1: Dynamic Applications Security Testing Market, by Application, 2022 & 2032 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
The Dynamic Applications Security Testing market segmentation, based on distribution channel, includes Telecom & IT, BFSI, Retail & E-Commerce, Government & Defense and Others. The BSFI segment dominates the market as it is one of the most common businesses at risk of application assaults. Huge volumes of sensitive consumer financial data like money transaction details, payment information, account numbers, credit and debit card details, and trade transactions are stored and handled by the banks and financial organizations. Therefore, in order to protect apps from vulnerabilities and attacks, application security solutions analyze them for security flaws.
By region, the study gives market insights into the North America, Europe, Asia-Pacific and the Rest of the World. The North American Dynamic Applications Security Testing market area dominates the market due to the presence of the leading DAST service providers and the increased adoption of security solutions. Further, the stringent government regulations in this region compel businesses to deploy the best IT security practices in order to safeguard their data. The US is the largest contributor to the growth of the market in the North American region.
Further, the prime countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil.
Figure 2: DYNAMIC APPLICATIONS SECURITY TESTING MARKET SHARE BY REGION 2022 (USD Billion)
Source: The Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Dynamic Applications Security Testing market accounts for the second-largest market revenue due to the presence of key market players and rising concern for the security of data, and fast adoption of advanced technologies in this region. Further, the German Dynamic Applications Security Testing market held the largest market revenue, and the UK Dynamic Applications Security Testing market was the fastest-growing market in the European region.
The Asia-Pacific Dynamic Applications Security Testing Market is expected to grow at the rapid CAGR from 2023 to 2032. This is due to the rising adoption of DAST and the fast rise of mobile and web applications in this region. Moreover, China’s Dynamic Applications Security Testing market held the largest market share, and the Indian Dynamic Applications Security Testing market was the fastest-growing market in the Asia-Pacific region.
Leading market players are investing hugely in research and development in order to expand their product lines, which will help the Dynamic Applications Security Testing market grow even more. Market players are also undertaking a variety of strategic activities to spread their footprint, with important market developments including new product launches, mergers and acquisitions, higher investments, contractual agreements, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Dynamic Applications Security Testing industry must offer cost-effective items.
Manufacturing locally to reduce the operational costs is one of the key business tactics utilized by manufacturers in the Dynamic Applications Security Testing industry to benefit the clients and increase the market sector. In recent years, the Dynamic Applications Security Testing industry has offered some of the most significant advantages to data security. Major players in the Dynamic Applications Security Testing market, including IBM Corporation, Beyond Security, Ubiquitous AI Corporation, WhiteHat Security, Crashtest security, Synerzip Softech India Private Limited, Applause App Quality Inc., Capgemini SE, Virtusa Corporation, ControlCase, Cognizant, Checkmarx Inc., and others, are trying to increase market demand by investing in the research and development operations.
IBM Corporation, founded in the year 1911, headquartered in Armonk, New York, is a multinational technology company. The company is known for its software and hardware products, inclusive of servers, computers, networking equipment, and storage systems. The company also offers technology, consulting and business services like cloud computing, artificial intelligence, and data analytics. The R&D efforts of the company have helped various technological innovations. In November 2019, the company declared the launch of Cloud Pak for the security as an initiative to connect cloud or on-premise models of security tools without removing data from main sources. This platform allows open-source technology to hunt threats and create automation capabilities in order to provide fast responses to cyber-attacks. Cloud Pak offers to search and to translate of security data from a variety of sources by combining crucial security insights from the multi-cloud IT environment of the company.
Beyond Security is a developer of automated vulnerability assessment and compliance solutions software for governments and businesses. The company provides a wide range of tools for network vulnerability management, web application scanning, and static application security testing, allowing customers to minimize the vulnerability to attack and data loss. In April 2019, the company and Ubiquitous AI Corporation announced the development of a vulnerability verification tool named beSTROMX in order to conduct vulnerability testing throughout IoT-based devices. This tool provides a powerful and flexible testing environment that aids in addressing complex attack conditions that were difficult with the use of the conventional tool.
IBM Corporation
Ubiquitous AI Corporation
WhiteHat Security
Crashtest security
Synerzip Softech India Private Limited
Applause App Quality Inc.
Capgemini SE
Virtusa Corporation
ControlCase
Cognizant
June 2022: WhiteHat Security, a leading provider of dynamic application security testing solutions and an expert in application security, was acquired by Synopsis, the American electronic design automation business synopsis.
December 2022: A prominent world provider of contemporary application security testing solutions, Veracode, acquired Crashtest Security, which is an emerging dynamic application security testing product located in Germany. The investment was made to spread customer access internationally and enhance the DAST capabilities already added in the Continuous Software Security Platform in Veracode.
February 2021: Hydroxycut's newest creation, CUT Energy, a delectable clean energy drink, was released. This powerful mix was carefully formulated for regular energy drink consumers, exercise enthusiasts, and dieters looking to lose weight.
Web Application Security
Mobile Application Security
Telecom & IT
BFSI
Retail & E-Commerce
Government & Defense
Others
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.5 Billion |
| Market Size 2023 | USD 1.86 Billion |
| Market Size 2032 | USD 10.5 Billion |
| Compound Annual Growth Rate (CAGR) | 24.21% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Application, End User, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil |
| Key Companies Profiled | IBM Corporation, Beyond Security, Ubiquitous AI Corporation, WhiteHat Security, Crashtest security, Synerzip Softech India Private Limited, Applause App Quality Inc., Capgemini SE, Virtusa Corporation, ControlCase, Cognizant, Checkmarx Inc. |
| Key Market Opportunities | Increase in the advancement of technology. |
| Key Market Dynamics | Increase adoption from e-commerce and rising rate of cybercrimes. |
Frequently Asked Questions (FAQ) :
The Dynamic Applications Security Testing market size valued at USD 1.5 Billion in 2022.
The market is foreseen to rise at a CAGR of 24.21% during the forecast period, 2023-2032.
North America had the largest share of the market
The key players in market are IBM Corporation, Beyond Security, Ubiquitous AI Corporation, WhiteHat Security, Crashtest Security, Synerzip Softech India Private Limited, Applause App Quality Inc., Capgemini SE, Virtusa Corporation, ControlCase, Cognizant, Checkmarx Inc.
The Web Application Security category dominated the market in the year 2022.
The BFSI had the largest share in the market.
Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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