Dynamic Application Security Testing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A dynamic application security testing offers a security solution that assists in identifying susceptibilities in web and mobile applications. Dynamic testing is also referred to as black-box testing, which discovers defects in the applications without considering the program's internal structure, which is an added advantage. The growing business risks posed by software vulnerabilities and cyberattacks are driving the market for Dynamic Application Security Testing (DAST). The rising number of security breaches worldwide is prompting businesses to implement advanced application security testing solutions to reduce the danger of external attacks. The DAST services can discover vulnerabilities in an application while operating, allowing IT professionals and testers to find and fix flaws before a product is deployed or a user base grows. The reduction of risks and enhancement of security features and services such as authentication, encryption, and auditing are further advantages of adopting DAST.

MARKET SCOPE

The "Global Dynamic Application Security Testing Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the dynamic application security testing market with detailed market segmentation by type, application, organization size, vertical, and geography. The report provides key statistics on the market status of the leading dynamic application security testing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on type, the market is segmented into solution and service.
• Based on application, the market is segmented into web application security and mobile application security.
• Based on organization size, the market is segmented into SMEs and large enterprises.
• Based on vertical, the market is segmented into government and defense, bfsi, it and telecom, healthcare, retail, manufacturing, and others.

MARKET DYNAMICS

Drivers

 

• The increasing degree of business risks owing to application vulnerabilities, strict government mandates and regulations, and increasing sophistication level of cyber-attacks are major factors driving the growth of the dynamic application security testing market.
• The growing adoption of third-party applications and cloud computing is anticipated to boost the growth of the dynamic application security testing market.

Restraints

• The lack of skilled professionals may hinder the growth of the dynamic application security testing market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The dynamic application security testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the dynamic application security testing market in these regions.

IMPACT OF COVID-19 ON DYNAMIC APPLICATION SECURITY TESTING MARKET

COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the dynamic application security testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the dynamic application security testing market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dynamic application security testing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Accenture
• Checkmarx Ltd.
• Hewlett Packard Enterprise Development LP
• IBM
• Micro Focus
• Pradeo
• Rapid7
• Synopsys, Inc.
• Trustwave Holdings, Inc.
• VERACODE

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Dynamic Application Security Testing Report Scope