Security Testing Market Research Report - Global Forecast till 2027

Security Testing Market, By Service Type (Network Security Testing, Application Security Testing), Tools (Penetration, Web, Automated Testing Tools), Deployment (Cloud, On-Premise), Industry Vertical (Government, BFSI, Retail) — Forecast till 2027

ID: MRFR/SEM/5242-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The security testing market was valued at USD 3.67 billion in 2017 and is expected to reach USD 8.69 billion by the end of the forecast period with a CAGR of 15.72%. With the growing adoption of cloud-based services and automation, the capabilities of industrial and enterprise networks is increasing. However, it also creates certain risks and threats associated with the security of customer data and web and mobile applications. Security testing can be considered as a type of software testing which is used to identify susceptibilities in a system and network. This is done to ensure the security of data and assets from potential threats. Security testing can be broadly classified under four different heads: network security, system software security, client-side application security, and server-side application security. The major factors contributing to the growth of security testing market are the increasing need for protection of customer data and web and mobile applications, increased adoption of cloud-based security solutions, and rising need for improved security due to increasing cyber attacks. However, lack of awareness regarding cybersecurity and increased adoption of freeware security applications pose challenges for the security testing market growth.


Segmentation


By service type, the security testing market is segmented into network security testing, application security testing, and device security testing. Network security testing is further segmented into firewall testing, VPN testing, and IDS/IPS testing. Application security testing is further segmented into web application security testing, mobile application security testing, cloud application security testing, static application security testing, and dynamic application security testing. By tool, the security testing market is segmented into penetration testing tools, web testing tools, automated testing tools, and others. By deployment, the security testing market is segmented into cloud and on-premise deployment. By industry vertical, the security testing market is segmented into Government and public sector, BFSI, IT & telecommunication, healthcare, retail, and others.


Regional analysis


The security testing market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of security testing market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). The adoption of security testing solutions and services is widely seen in enterprises as most of them already have access to automation or cloud. North America at present dominates the security testing market as the region has been recognized as an early adopter of automation and cloud services for increasing their enterprise networks. With this, organizations feel the need for security testing as the risk of data theft and data privacy is increasing. The US and Canada are the dominating countries in North America growing with a staggering CAGR. Europe closely follows North America in the security testing market. The region has highly economically established countries with a stronghold on information and communication technology sector. Countries such as Germany and the UK are the dominating the security testing market in Europe. security testing market

The security testing market is estimated to reach USD 9 billion by the end of forecast period 2018–2023 with a CAGR of 16%.


Key players


The key players in the security testing market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are — Cisco Systems Inc. (US), Hewlett Packard Enterprise (US), IBM Corporation (US), Qualys Inc. (US), WhiteHat Security (US), Applause App Quality Inc. (US), Veracode (US), Checkmarx (Israel), UL LLC (Netherlands), and Intertek Group PLC (UK). These players contribute a major proportion towards security testing market growth. Apart from the top key players, there are other players that contribute nearly 30–35 % in the security testing market. These include Valency Networks Pvt Ltd (India), Capgemini SE (France), Wipro Limited (India), Cognizant Technology Solutions Corp (US), Infosys Limited (India), Tata Consultancy Services Limited (India), Hexaware Technologies Limited (India), Zensar Technologies Limited (India), CloudBees (US), Symetrics (Netherlands), Rohde & Schwarz UK Ltd (Germany), Beyond Security (US), TraceSecurity (US) and others.


Intended Audience



  • Security testing tool providers •  Application developers •  System integrators •  Industrial networking solution providers •  Security testing service providers •  Network solution providers •  Network administrators •  Network operators •  Resellers •  Managed service providers •  Network solution providers •  Network testing service providers •  Application design and software developers •  Consultancy firms and advisory firms •  Technology consultants •  Government •  OEMNetwork solution distributors



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 8.69 Billion
  CAGR   15.72%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Service Type, Tools, Deployment, Industry Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors

  • Cisco Systems Inc. (US), Hewlett Packard Enterprise (US), IBM Corporation (US), Qualys Inc. (US), WhiteHat Security (US), Applause App Quality Inc. (US), Veracode (US), Checkmarx (Israel), UL LLC (Netherlands), and Intertek Group PLC (UK)
  • Valency Networks Pvt Ltd (India), Capgemini SE (France), Wipro Limited (India), Cognizant Technology Solutions Corp (US), Infosys Limited (India), Tata Consultancy Services Limited (India), Hexaware Technologies Limited (India), Zensar Technologies Limited (India), CloudBees (US), Symetrics (Netherlands), Rohde & Schwarz UK Ltd (Germany), Beyond Security (US), TraceSecurity (US)
  •   Key Market Opportunities   Considering the increasing need for data protection, efficient security systems are being deployed across various enterprises and industrial verticals.
      Key Market Drivers

  • The increasing need for protection of customer data and web and mobile applications.
  • Increased adoption of cloud-based security solutions.
  • Rising need for improved security due to increasing cyber attacks.


  • Frequently Asked Questions (FAQ) :


    At 165 CAGR, the security testing market can value at USD 9 Bn by 2023.

    IBM Corporation (US), WhiteHat Security (US), Qualys Inc. (US), and Applause App Quality Inc. (US) are some major providers of security testing solutions.

    Penetration testing tools, automated testing tools, and web testing tools are tools that are used for security testing.

    Network security testing, device security testing, and application security testing are types of service provided under security testing.

    The deployment rate of security testing solutions across enterprises is surging. It can impel the security testing market expansion in the year future.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.3 Research Objectives

    2.4 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining Power of Buyers

    4.1.3 Threat of Substitutes

    4.1.4 Segment Rivalry

    4.1.5 Bargaining Power of Suppliers

    4.2 Value Chain/Supply Chain of Security Testing

    5 Market Landscape

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7 Security Testing Market by Service Type

    7.1 Introduction

    7.2 Network Security Testing

    7.2.1 Firewall Testing

    7.2.1.1 Market Estimates & Forecast, 2020-2027

    7.2.1.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.2 VPN Testing

    7.2.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.3 IDS/IPS Testing

    7.2.3.1 Market Estimates & Forecast, 2020-2027

    7.2.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Application Security Testing

    7.3.1 Web Application Security Testing

    7.3.1.1 Market Estimates & Forecast, 2020-2027

    7.3.1.2 Market Estimates & Forecast by Region, 2020-2027

    7.3.2 Mobile Application Security Testing

    7.3.2.1 Market Estimates & Forecast, 2020-2027

    7.3.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3.3 Cloud Application Security Testing

    7.3.3.1 Market Estimates & Forecast, 2020-2027

    7.3.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.3.4 Static Application Security Testing

    7.3.4.1 Market Estimates & Forecast, 2020-2027

    7.3.4.2 Market Estimates & Forecast by Region, 2020-2027

    7.3.5 Dynamic Application Security Testing

    7.3.5.1 Market Estimates & Forecast, 2020-2027

    7.3.5.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Device Security Testing

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    8 Security Testing Market by Tools

    8.1 Introduction

    8.2 Penetration Testing Tools

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Web Testing Tools

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Automated Testing Tools

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Others

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    9 Security Testing Market by Deployment

    9.1 Introduction

    9.2 Cloud

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Region, 2020-2027

    9.3 On Premise

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Region, 2020-2027

    10 Security Testing Market by Industry Verticals

    10.1 Introduction

    10.2 Government & Public Sector

    10.2.1 Market Estimates & Forecast, 2020-2027

    10.2.2 Market Estimates & Forecast by Region, 2020-2027

    10.3 BFSI

    10.3.1 Market Estimates & Forecast, 2020-2027

    10.3.2 Market Estimates & Forecast by Region, 2020-2027

    10.4 IT & Telecom

    10.4.1 Market Estimates & Forecast, 2020-2027

    10.4.2 Market Estimates & Forecast by Region, 2020-2027

    10.5 Healthcare

    10.5.1 Market Estimates & Forecast, 2020-2027

    10.5.2 Market Estimates & Forecast by Region, 2020-2027

    10.6 Retail

    10.6.1 Market Estimates & Forecast, 2020-2027

    10.6.2 Market Estimates & Forecast by Region, 2020-2027

    10.7 Others

    10.7.1 Market Estimates & Forecast, 2020-2027

    10.7.2 Market Estimates & Forecast by Region, 2020-2027

    11 Security Testing Market by Region

    11.1 Introduction

    11.2 North America

    11.2.1 Market Estimates & Forecast by Country, 2020-2027

    11.2.2 Market Estimates & Forecast by Service Type, 2020-2027

    11.2.3 Market Estimates & Forecast by Tools, 2020-2027

    11.2.4 Market Estimates & Forecast by Deployment, 2020-2027

    11.2.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.2.6 US

    11.2.6.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.2.6.2 Market Estimates & Forecast by Tools, 2020-2027

    11.2.6.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.2.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.2.7 Mexico

    11.2.7.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.2.7.2 Market Estimates & Forecast by Tools, 2020-2027

    11.2.7.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.2.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.2.8 Canada

    11.2.8.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.2.8.2 Market Estimates & Forecast by Tools, 2020-2027

    11.2.8.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.2.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3 Europe

    11.3.1 Market Estimates & Forecast by Country, 2020-2027

    11.3.2 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.3 Market Estimates & Forecast by Tools, 2020-2027

    11.3.4 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3.6 Germany

    11.3.6.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.6.2 Market Estimates & Forecast by Tools, 2020-2027

    11.3.6.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3.7 France

    11.3.7.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.7.2 Market Estimates & Forecast by Tools, 2020-2027

    11.3.7.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3.8 Italy

    11.3.8.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.8.2 Market Estimates & Forecast by Tools, 2020-2027

    11.3.8.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3.9 Spain

    11.3.9.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.9.2 Market Estimates & Forecast by Tools, 2020-2027

    11.3.9.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.9.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.3.10 UK

    11.3.10.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.3.10.2 Market Estimates & Forecast by Tools, 2020-2027

    11.3.10.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.3.10.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.4 Asia-Pacific

    11.4.1 Market Estimates & Forecast by Country, 2020-2027

    11.4.2 Market Estimates & Forecast by Service Type, 2020-2027

    11.4.3 Market Estimates & Forecast by Tools, 2020-2027

    11.4.4 Market Estimates & Forecast by Deployment, 2020-2027

    11.4.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.4.6 China

    11.4.6.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.4.6.2 Market Estimates & Forecast by Tools, 2020-2027

    11.4.6.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.4.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.4.7 India

    11.4.7.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.4.7.2 Market Estimates & Forecast by Tools, 2020-2027

    11.4.7.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.4.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.4.8 Japan

    11.4.8.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.4.8.2 Market Estimates & Forecast by Tools, 2020-2027

    11.4.8.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.4.8.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.4.9 Rest of Asia-Pacific

    11.4.9.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.4.9.2 Market Estimates & Forecast by Tools, 2020-2027

    11.4.9.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.4.9.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.5 Rest of the World

    11.5.1 Market Estimates & Forecast by Country, 2020-2027

    11.5.2 Market Estimates & Forecast by Service Type, 2020-2027

    11.5.3 Market Estimates & Forecast by Tools, 2020-2027

    11.5.4 Market Estimates & Forecast by Deployment, 2020-2027

    11.5.5 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.5.6 Middle East & Africa

    11.5.6.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.5.6.2 Market Estimates & Forecast by Tools, 2020-2027

    11.5.6.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.5.6.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    11.5.7 Latin America

    11.5.7.1 Market Estimates & Forecast by Service Type, 2020-2027

    11.5.7.2 Market Estimates & Forecast by Tools, 2020-2027

    11.5.7.3 Market Estimates & Forecast by Deployment, 2020-2027

    11.5.7.4 Market Estimates & Forecast by Industry Verticals, 2020-2027

    12 Competitive Landscape

    13 Company Profiles

    13.1 Cisco Systems

    13.1.1 Company Overview

    13.1.2 Product/Business Segment Overview

    13.1.3 Financial Updates

    13.1.4 Key Developments

    13.1.5 SWOT Analysis

    13.1.6 Key Strategy

    13.2 Hewlett Packard Enterprise.

    13.2.1 Company Overview

    13.2.2 Product/Business Segment Overview

    13.2.3 Financial Updates

    13.2.4 Key Developments

    13.2.5 SWOT Analysis

    13.2.6 Key Strategy

    13.3 IBM Corporation.

    13.3.1 Company Overview

    13.3.2 Product/Business Segment Overview

    13.3.3 Financial Updates

    13.3.4 Key Developments

    13.3.5 SWOT Analysis

    13.3.6 Key Strategy

    13.4 Qualys, Inc.

    13.4.1 Company Overview

    13.4.2 Product/Business Segment Overview

    13.4.3 Financial Updates

    13.4.4 Key Developments

    13.4.5 SWOT Analysis

    13.4.6 Key Strategy

    13.5 Intertek Group Plc.

    13.5.1 Company Overview

    13.5.2 Product/Business Segment Overview

    13.5.3 Financial Updates

    13.5.4 Key Developments

    13.5.5 SWOT Analysis

    13.5.6 Key Strategy

    13.6 Whitehat Security, Inc

    13.6.1 Company Overview

    13.6.2 Product/Business Segment Overview

    13.6.3 Financial Updates

    13.6.4 Key Developments

    13.6.5 SWOT Analysis

    13.6.6 Key Strategy

    13.7 Veracode, Inc

    13.7.1 Company Overview

    13.7.2 Product/Business Segment Overview

    13.7.3 Financial Updates

    13.7.4 Key Developments

    13.7.5 SWOT Analysis

    13.7.6 Key Strategy

    13.8 Checkmarx Ltd

    13.8.1 Company Overview

    13.8.2 Product/Business Segment Overview

    13.8.3 Financial Updates

    13.8.4 Key Developments

    13.8.5 SWOT Analysis

    13.8.6 Key Strategy

    13.9 UL, LLC.

    13.9.1 Company Overview

    13.9.2 Product/Business Segment Overview

    13.9.3 Financial Updates

    13.9.4 Key Developments

    13.9.5 SWOT Analysis

    13.9.6 Key Strategy

    13.10 Applause Inc.

    13.10.1 Company Overview

    13.10.2 Product/Business Segment Overview

    13.10.3 Financial Updates

    13.10.4 Key Developments

    13.10.5 SWOT Analysis

    13.10.6 Key Strategy

    14 Conclusion


    LIST OF TABLES

    Table 1 Security Testing Market, by Region, 2020-2027

    Table 2 North America: Security Testing Market, by Country, 2020-2027

    Table 3 Europe: Security Testing Market, by Country, 2020-2027

    Table 4 Asia-Pacific: Security Testing Market, by Country, 2020-2027

    Table 5 Middle East & Africa: Security Testing Market, by Country, 2020-2027

    Table 6 Latin America: Security Testing Market, by Country, 2020-2027

    Table 7 Global Security Testing Service Type Market, by Region, 2020-2027

    Table 8 North America: Security Testing Service Type Market, by Country, 2020-2027

    Table 9 Europe: Security Testing Service Type Market, by Country, 2020-2027

    Table 10 Asia-Pacific: Security Testing Service Type Market, by Country, 2020-2027

    Table 11 Middle East & Africa: Security Testing Service Type Market, by Country, 2020-2027

    Table 12 Latin America: Security Testing Service Type Market, by Country, 2020-2027

    Table 13 Global Security Testing Tools Market, by Region, 2020-2027

    Table 14 North America: Security Testing Tools Market, by Country, 2020-2027

    Table 15 Europe: Security Testing Tools Market, by Country, 2020-2027

    Table 16 Asia-Pacific: Security Testing Tools Market, by Country, 2020-2027

    Table 17 Middle East & Africa: Security Testing Tools Market, by Country, 2020-2027

    Table 18 Latin America: Security Testing Tools Market, by Country, 2020-2027

    Table 19 Global Security Testing Deployment Market, by Region, 2020-2027

    Table 20 North America: Security Testing Deployment Market, by Country, 2020-2027

    Table 21 Europe: Security Testing Deployment Market, by Country, 2020-2027

    Table 22 Asia-Pacific: Security Testing Deployment Market, by Country, 2020-2027

    Table 23 Middle East & Africa: Security Testing Deployment Market, by Country, 2020-2027

    Table 24 Latin America: Security Testing Deployment Market, by Country, 2020-2027

    Table 25 Global Security Testing Industry Verticals Market, by Region, 2020-2027

    Table 26 North America: Security Testing Industry Verticals Market, by Country, 2020-2027

    Table 27 Europe: Security Testing Industry Verticals Market, by Country, 2020-2027

    Table 28 Asia-Pacific: Security Testing Industry Verticals Market, by Country, 2020-2027

    Table 29 Middle East & Africa: Security Testing Industry Verticals Market, by Country, 2020-2027

    Table 30 Latin America: Security Testing Industry Verticals Market, by Country, 2020-2027