According to a recent research study “Application Security Market, By Solution (Mobile Application Security, Web Application Security), By Services (Professional, Managed) By Deployment (Cloud, On-Premise) by End Use, opportunities and forecast 2020-2026” published by Data Library Research, the Application Security market Studies many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Application Security market analysis segmented by companies, region, type and applications in the report.
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The Major Players Covered in Application Security Market
- Hewlett Packard Enterprises
- IBM Corporation
- WhiteHat Security
- High-Tech Bridge
- Contrast Security
Presently, software application has become integral part of the business environment regardless of the prime business procedure of the company. The safety of the software applications have been big concern to the organization as they are regularly accessible to network and consequently vulnerable to wide range of the security threat. The organization used the security as countermeasure to protect the critical data from the external intimidations by safeguarding the software used to run the business operation.
The cloud-based and mobile computing technology have radically changed business state. Currently, most of company use various software application to carry out the business process, for instance, Amazon highly depend on their online websites and the mobile application to sell wide range of products to consumers.
The rapid development in these mobile and web based applications has shaped more complex, dispersed IT infrastructures which are hard to secure. Earlier, organizations have majorly taken the measure to protect IT infrastructure by safeguarding the network layer. Though, currently many businesses are facing cyber-attacks issues owed of flaw in design of software application which cannot be protected by using conventional network security measure.
The global market is highly competitive, key industry competitors include IBM, Qualys, Inc., Veracode, and Hewlett Packard Enterprise, WhiteHat Security. The security service suppliers are using partnership, acquisition, and research & development approaches to widen their product portfolio. For example, in 2015 company, WhiteHat Security formed the partners with the Prevoty, company that provides the Real-Time Application Security Intelligence (RASP) products to deliver its customer option to recognised application bugs and the defects automatically by means of RASP capabilities presented by the Prevoty.
North America is anticipated to hold largest market size in application security market during forecast period, followed by European region. The maximum market share of the North America is owing to the stable economy, inclination to adopt new, emerging technologies as well as presence of key market players in the region is major factor responsible for growth. Some of major players in the region are Hewlett Packard Enterprise, IBM Corporation, Veracode, WhiteHat Security.
Asia Pacific holds over 20% the market share in 2019. The growing dependence on Internet has amplified vulnerabilities, providing the opportunities for the hackers and attackers. Numerous SMEs and the large enterprise within Asia Pacific region have been devoting in cyber security, owing to increasing major issues of the security breaches. The growing number of cyber-attacks at the application layer, the growing mobile and web application, and the stringent government laws are expected to further propel market growth in Asia-Pacific region.
- To study and analyze the global Application Security market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
- To understand the structure of Application Security Market by identifying its various sub segments.
- Focuses on the key global Application Security players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Application Security with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Application Security submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Key questions answered in this report
- What will the market size be in 2026 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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