The Application Security Global Market Report 2021-31 by The Business Research Company describes and explains the global application security market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Application Security Global Market Report 2022 covers application security market drivers, application security market trends, application security market segments, application security market growth rate, application security market major players, and application security market size.
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The application security market report provides in-depth analysis of the impact of COVID-19 on the global application security industry along with revised market numbers due to the effects of the coronavirus and the expected application security market growth numbers for 2022-2031.
The global application security market size is expected to grow from $7.67 billion in 2021 to $9.39 billion in 2022 at a compound annual growth rate (CAGR) of 22.4%. The change in the application security market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $21.90 billion in 2026 at a CAGR of 22.2%.
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Application Security Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the application security market segments-
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 and Telecommunication, Government and Defense, Healthcare, Retail, Education, Others
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