Penetration Testing Market Size was valued at US$ 1.4 Billion in 2020 and the total Penetration Testing revenue is expected to grow at 16.5% through 2021 to 2027, reaching nearly US$ 4.08 Billion.
Market Scope:
The market for Penetration Testing is expected to expand at the fastest rate between 2022 and 2029. The Maximize Market Research (MMR) report examines costs, prices, shares, volumes, sales, and gross profits in addition to analysing supply and demand trends. This MMR data collection examines each company’s manufacturing unit, production capacity, factory price, market price, and market share.
Penetration Testing Market Overview:
The Maximize Market Research Report looks at a number of elements that promote market growth. The research covers market trends, opportunities, difficulties, and elements that either benefit or harm the market. The several industries and applications that can affect the market throughout the course of the expected time frame are also covered in this section. This data is based on both current and historical patterns. A summary of the production for each species from 2022 to 2029 is also included in this section. In this section, the regional output from 2022 to 2029 is studied. Prices for each category, each region, and the entire world range from 2022 to 2029.
Sample Request For Penetration Testing Market : https://www.maximizemarketresearch.com/request-sample/65450
Penetration Testing Market Segmentation :
By Type, Network penetration testing, Web application penetration testing, mobile application penetration testing, and other are the segments. In the projection period, mobile application usage is expected to increase at a CAGR of 6.8%. (2021-2027). The strong demand for E-Commerce applications like Amazon and Zomato in the worldwide IT sector is responsible for this growth. Continuous data breaches occur at massive online retailers like Amazon and Facebook. The potential breach or vulnerability in these apps is expected to be found with the use of penetration testing. In April 2021, the personal information of approximately 530 million Facebook users was exposed online. It contained the personal phone numbers, e-mail addresses, and other biographical data of the app’s users worldwide.
By Industry, In the year 2020, the government, the military, and the banking and finance industries held the top two spots in the global penetration testing industry. Russian hackers broke into the federal government of the United States’ database in 2020. Therefore, throughout the aforementioned forecast period, cyber-attacks on government databases like these are expected to fuel the expansion of the government and defence segment in the global market. A ransomware assault that targeted the US banking institution CNA in March 2021 resulted in a three-day interruption of employee and customer services.
Penetration Testing Market Key Players:
• Redteam Security Consulting
• Context Information Security
• Rapid7, Inc.
• Qualys, Inc
• Veracode
• Trustwave Holdings, Inc
• Acunetix
• Hewlett Packard Enterprise
• IBM Corporation
• Cigital Inc
Regional Analysis:
The MMR study covers every nation in North America, Asia-Pacific, Europe, Latin America, the Middle East, and Africa. In this study, MMR takes into account key market segments, sub-segments, and sectors. The MMR analysis analyses market size, proportion, and volume to determine how creatively a country has grown domestically. Numerous other approaches exist for expressing numbers, including volume, area, sales, market chain structures, and trends.
COVID-19 Impact Analysis on Penetration Testing Market:
The COVID-19 Regulation will significantly affect societal, commercial, and labour goals between 2020 and 2021. COVID-19 urgently needs the assistance and innovation of the business community since it has the ability to destroy our civilization and way of life. COVID-19 has caused problems for foreign labourers in India. Millions of migrant workers have suffered negative effects from the embargo, including job losses, food shortages, and fear about the future.
The major objective of this MMR study is to comprehend the contemporary economy, COVID-19, and its impacts on the economy. Across all divisions, disciplines of study, and areas of competence, MMR is keeping an eye on COVID-19. Comparable data from the Maximize Market Research Report can be utilised to assess how COVID-19 has affected industry losses and growth.
Key Questions answered in the Penetration Testing Market Report are:
- Which product segment grabbed the largest share in the Penetration Testing market?
- How is the competitive scenario of the Penetration Testing market?
- Which are the key factors aiding the Penetration Testing market growth?
- Which region holds the maximum share in the Penetration Testing market?
- What will be the CAGR of the Penetration Testing market during the forecast period?
- Which application segment emerged as the leading segment in the Penetration Testing market?
- Which are the prominent players in the Penetration Testing market?
- What key trends are likely to emerge in the Penetration Testing market in the forecast period?
- What is the expected Penetration Testing market size by 2029?
- Which company held the largest share in the Penetration Testing market?
Inquiry For Report : https://www.maximizemarketresearch.com/inquiry-before-buying/65450
About Us :
Maximize Market Research provides B2B and B2C research on 12000 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages, Aerospace and Defence and other manufacturing sectors.
Contact Us :
MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway,
Narhe, Pune, Maharashtra 411041, India.
Email: [email protected]
Phone No.: +91 20 6630 3320
