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
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.
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 |
|
| 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 |
|
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