Industry Background:
Application security testing (AST) is the process of identifying security vulnerabilities in source code in order to make applications more resistant to security attacks. AST must be automated because of the increasing modularity of business software, the vast number of open-source components, and the high number of known vulnerabilities and possible attacks. The majority of businesses employ a hybrid of application security solutions.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Checkmarx (Israel), WhiteHat Security (United States), PortSwigger (United Kingdom), Acunetix (United States), Veracode (United States), Qualys (United States), Micro Focus (United Kingdom), Rapid7 (United States), IBM (United States), Contrast Security (United States), ImmuniWeb (Switzerland), Netsparker (United States), Synopsys (United States), Edgescan (Ireland), Onapsis (United States), NetSPI (United States) and ERPScan (United States) |
This growth is primarily driven by Need to Prevent Security Vulnerabilities against Threats and The demand for Data Security and to Build Customer Confidence.
Globally, a noticeable market trend is evident Development of High-Speed Software Processes such as Agile and Dev0ps Major Players, such as Checkmarx (Israel), WhiteHat Security (United States), PortSwigger (United Kingdom), Acunetix (United States), Veracode (United States), Qualys (United States), Micro Focus (United Kingdom), Rapid7 (United States), IBM (United States), Contrast Security (United States), ImmuniWeb (Switzerland), Netsparker (United States), Synopsys (United States), Edgescan (Ireland), Onapsis (United States), NetSPI (United States) and ERPScan (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global market for the Application Security Testing (AST) Software is fiercely competitive, with all competitors competing for market share. Application Security Security Testing Software involves the development of new features and Security applications, followed by a strategy method for improving business operations and lowering costs. Application Security Testing (AST) Software depends on insights from tools to improve customer retention and acquisition, decrease operational expenses, and shorten the time it takes to market items, making access to Security Testing software more competitive.
Key Developments in the Market:
On 09 Aug 2021, Checkmarx’s, Application Security Testing Company announce the acquisition of Dustico. This acquisition will provide clients with a unified perspective of the risk, reputation, and behavior of open-source packages and software composition analysis tool CxSCA to assist avoid supply chain threats. Because of the rising incidence of threats that target organizations by exploiting loopholes in trusted third-party software, the software supply chain has emerged as a significant priority for security-conscious enterprises
On 06 April 2021, Veracode, the largest provider of Application Security Testing (AST) Software announced the launch of the Veracode Technology Alliance Program (TAP). It makes it easier for businesses to establish, administer, and scale software security programs, lowering costs and shortening time to market. The program's goal is to improve how adjacent technology providers may use our solutions' benefits to offer integrated experiences, making it simpler for our joint clients to codify security into their development processes and produce safe software faster.
Influencing Trend:
Development of High-Speed Software Processes such as Agile and Dev0ps
Market Growth Drivers:
Need to Prevent Security Vulnerabilities against Threats and The demand for Data Security and to Build Customer Confidence
Challenges:
Limitations Associated with Traditional Tools such as Taking Couple of Days to Complete Testing, Identifying Issues which Leads to Extend Timelines and Increase Cost
Restraints:
The concern of Credit Cards Fraud and Identify Theft
Opportunities:
Protect Code against Exploits and Known Buds will grow the Application Security Testing (AST) Software Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Application Security Testing (AST) Software Market
- Analysis about New Entrants in Application Security Testing (AST) Software Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Application Security Testing (AST) Software Study Sheds Light on
The Application Security Testing (AST) Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Application Security Testing (AST) Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Application Security Testing (AST) Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.