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Application Security Global Market Report 2021: COVID-19 Growth and Change

  • ID: 5304858
  • Report
  • March 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Acunetix
  • Cisco Systems
  • HCL Software
  • MicroFocus
  • OneSpan
  • Synopsys
Application Security Global Market Report 2021: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global application security market.







This report focuses on application security market which is experiencing strong growth. The report gives a guide to the application security market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the application security? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Application Security market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider application security market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The application security market section of the report gives context. It compares the application security market with other segments of the application security market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, application security indicators comparison.

Scope

Markets Covered:
1) By Solution: Web Application Security; Mobile Application Security
2) By Testing Type: Static Application Security Testing; Dynamic Application Security Testing; Interactive Application Security Testing
3) By End-User: BFSI; IT & Telecommunication; Government & Defense; Healthcare; Retail; Education; Others

Companies Mentioned: IBM Corporation; Synopsys; Checkmarx; Veracode; MicroFocus

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Application Security Market

What is the estimated value of the Global Application Security Market?

The Global Application Security Market was estimated to be valued at $7.7 billion in 2021.

What is the growth rate of the Global Application Security Market?

The growth rate of the Global Application Security Market is 23.3%, with an estimated value of $17.7 billion by 2025.

What is the forecasted size of the Global Application Security Market?

The Global Application Security Market is estimated to be worth $17.7 billion by 2025.

Who are the key companies in the Global Application Security Market?

Key companies in the Global Application Security Market include IBM Corporation, Synopsys, Checkmarx, Veracode, MicroFocus, WhiteHat Security, Rapid7, Contrast Security and Trustwave.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acunetix
  • Cisco Systems
  • HCL Software
  • MicroFocus
  • OneSpan
  • Synopsys
1. Executive Summary

2. Application Security Market Characteristics

3. Application Security Market Trends and Strategies

4. Impact of COVID-19 on Application Security

5. Application Security Market Size and Growth
5.1. Global Application Security Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Application Security Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Application Security Market Segmentation
6.1. Global Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Web Application Security
  • Mobile Application Security
6.2. Global Application Security Market, Segmentation by Testing Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Static Application Security Testing
  • Dynamic Application Security Testing
  • Interactive Application Security Testing
6.3. Global Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • BFSI
  • IT & Telecommunication
  • Government & Defense
  • Healthcare
  • Retail
  • Education
  • Others

7. Application Security Market Regional and Country Analysis
7.1. Global Application Security Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Application Security Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Application Security Market
8.1. Asia-Pacific Application Security Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Application Security Market
9.1. China Application Security Market Overview
9.2. China Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Application Security Market
10.1. India Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Application Security Market
11.1. Japan Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Application Security Market
12.1. Australia Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Application Security Market
13.1. Indonesia Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Application Security Market
14.1. South Korea Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Application Security Market
15.1. Western Europe Application Security Market Overview
15.2. Western Europe Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Application Security Market
16.1. UK Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Application Security Market
17.1. Germany Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Application Security Market
18.4. France Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Application Security Market
19.1. Eastern Europe Application Security Market Overview
19.2. Eastern Europe Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Application Security Market
20.1. Russia Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Application Security Market
21.1. North America Application Security Market Overview
21.2. North America Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Application Security Market
22.1. USA Application Security Market Overview
22.2. USA Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Application Security Market
23.1. South America Application Security Market Overview
23.2. South America Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Application Security Market
24.1. Brazil Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Application Security Market
25.1. Middle East Application Security Market Overview
25.2. Middle East Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Application Security Market
26.1. Africa Application Security Market Overview
26.2. Africa Application Security Market, Segmentation by Solution, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Application Security Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Application Security Market Competitive Landscape and Company Profiles
27.1. Application Security Market Competitive Landscape
27.2. Application Security Market Company Profiles
27.2.1. IBM Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Synopsys
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Checkmarx
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Veracode
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. MicroFocus
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers and Acquisitions in the Application Security Market

29. Application Security Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acunetix
  • Cisco Systems
  • HCL Software
  • MicroFocus
  • OneSpan
  • Synopsys
Major players in the application security market are IBM Corporation, Synopsys, Checkmarx, Veracode, MicroFocus, WhiteHat Security, Rapid7, Contrast Security, Qualys, and Trustwave.

The global application security market is expected to grow from $6.27 billion in 2020 to $7.67 billion in 2021 at a compound annual growth rate (CAGR) of 18.24%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $17.74 billion in 2025 at a CAGR of 23.31%.

The application security market consists of sales of application security products and related services. Application security is a method of making applications more secure by fixing, finding, and enhancing the security of the application. It also includes tools and methods to protect applications once application security is deployed. Only goods and services traded between entities or sold to end consumers are included.

The application security market covered in this report is segmented by solution into web application security, mobile application security; by testing type into static application security testing, dynamic application security testing, interactive application security testing; by end-user into BFSI, IT & telecommunication, government & defense, healthcare, retail, education, others.

North America was the largest region in the application security market in 2020. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The lack of application security expertise is expected to limit the growth of the application security market over the forthcoming years. According to Burning Glass International Inc., an analytics software company, the demand for application development security and cloud security is a fast-growing skills area projected to grow 164%, and 115% respectively between 2020-2025. According to the ESG and Information Systems Security Association (ISSA) analysis published in August 2020, 70% of cybersecurity professionals claim that their organization is facing issues with the cybersecurity skill shortage. In the past four years, the percentage ranged from a low of 69% to a high of 74%. Therefore, the lack of application security expertise is projected to restrict the growth of the application security market.

In April 2020, Hellman & Friedman (H&F), a US-based software security solution provider for DevOps acquired Checkmarx, a software security solutions company from Insight Partners for a deal amount of $1.15 billion. The acquisition is expected to drive the company’s growth and the cybersecurity threats continue to intensify, that embedding security early in the software development lifecycle is critical. Checkmarx is an Israel-based software security solution for modern enterprise software development and is engaged in providing static and interactive application security testing training development, software composition analysis, and application security.

Increased security breaches at the business application level contributed to the growth of the application security market. For instance, in March 2020, Keepnetlabs, a UK-based security firm, announced a data leak that exposed nearly 5 billion records. Moreover, in December 2019, Microsoft disclosed a data breach that exposed 250 million entries attributing to the misconfiguration of an internal customer support database. Application security enhances the security of the web and mobile-based applications that can mitigate some of the breaches through the application. Thus, the rising security breaches at the business application level drove the market for the application security market.

Artificial intelligence (AI) and machine learning (ML) are increasingly being used to prevent attacks in the web or mobile-based applications. AI can be used to automating threat detection and respond more effectively than a traditional software-driven approach. AI-based cybersecurity will train itself continuously and independently gather the data across the enterprise information systems through that data it analyses and performs correlation of patterns across billions of signals relevant to the cyberattacks and solve the issue. For instance, Fortinet, a California-based security solutions company provides solutions from network and web application security to threat protection for IT infrastructure. Fortinet’s AI-based product, FortiWeb, is a web application firewall that uses machine learning and two layers of statistical probabilities for detecting attacks and threats.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • IBM Corporation
  • Synopsys
  • Checkmarx
  • Veracode
  • MicroFocus
  • WhiteHat Security
  • Rapid7
  • Contrast Security
  • Qualys
  • Trustwave
  • Acunetix
  • HCL Software
  • Cisco Systems
  • Capgemini
  • Onapsis
  • Gitlab
  • CAST software
  • VMware
  • OneSpan
  • Imperva
  • F5 Inc
  • NowSecure
  • Pradeo
  • Lookout
  • Data Therorem
  • Zimperium
  • Kryptowire
  • Appthority
  • NSFocus
  • N-Stalker
  • Pradeo
Note: Product cover images may vary from those shown

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