Penetration Testing Market Overview:
Maximize Market Research report has provided an in-depth analysis of the Penetration Testing market. The report consists of market trends, value, market share, etc are included which will help the user to analyze the market and help in the decision-making process, the report also includes historical data and trends that will help the reader. The report further suggests development strategies that will help in the growth of the market.
The competitive scenario of the Penetration Testing market is also mentioned in the report through various analyses which will help you to strategize. Market expansion strategies are mentioned as well. The study has further recognized the key players that are operating in the Penetration Testing market. The report gives an analytical depiction that includes future estimations, current market trends, etc.
Penetration Testing Market size was valued at US$ 1.63 Billion in 2021 and the total Penetration Testing revenue is expected to grow at 16.5% through 2021 to 2029, reaching nearly US$ 5.53 Billion.
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Penetration Testing Market Scope:
The research report published includes a detailed analysis of the statistics, key changes, and revenue. It also includes an in-depth study of the key techniques utilized by the leading market players to spice up readers’ business growth within the Penetration Testing market while keeping a competitive edge. The analysis provides in-depth and important data that will assist readers to understand the complete trade scenario.
Market Dynamics:
The report includes drivers, challenges, opportunities, and restraints, the drivers help in identifying the drivers that drive towards the market growth. Challenges can create barriers and hurdles for your business, the report also mentions ways to encounter them according to the market situation. Opportunities are created through external factors that include changes in market trends and dynamics. Restraints help you to recognize features that restrain the market and help you in identifying them before they become an issue.
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Penetration Testing Market Drivers:
The stringent government regulations requiring businesses to conduct regular penetration tests or face penalties are a major factor driving the global penetration testing market. The NIS (Network and Information Systems) and SOC are two common directives (Systems Organization and Control). The increase in demand for penetration testing as a service is another factor boosting the global market (PTaaS). This facilitates the planning and execution of penetration tests on various apps by IT professionals.
Penetration Testing Market Segmentation:
Web application penetration testing, mobile application penetration testing, network penetration testing, and other are the segments listed by type. In the forecast period, mobile application usage is expected to increase at a CAGR of 6.8%. (2021-2027). The high demand for E-Commerce applications like Amazon and Zomato in the global IT market 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 aid of penetration testing. In April 2021, the personal information of over 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.
Key Players:
• WhiteHat Security
• Checkmarx
• FireEye
• Micro Focus
• Secureworks
• Rhino Security Labs
• Immuniweb
• PortSwigger Web Security
• iSECURION
• Core Security SDI Corporation
• Redteam Security Consulting
• Context Information Security
• Rapid7, Inc.
• Qualys, Inc
• Veracode
• Trustwave Holdings, Inc
• Acunetix
• Hewlett Packard Enterprise
• IBM Corporation
• Cigital Inc
Regional Analysis:
- Asia-Pacific (Vietnam, Japan, Malaysia, Philippines, Korea, Thailand, China, Australia, Indonesia, and India)
- Africa and the Middle East (Egypt and GCC Countries.)
- North America (Canada, the United States, and Mexico.)
- South America (Brazil etc.)
- Europe(France, Germany, Russia UK, Italy, Turkey, etc.)
What our reports offer:
- Market share analysis for the regional and country-level segments
- Strategic tactics for the new entrants as well as for established players present in the market.
- Competitive landscaping depicting the key common trends
- Company profiles that include detailed strategies, and recent developments trends.
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COVID-19 Impact:
COVID-19 has impacted the world with its adverse effects that have led to a lot of changes in daily life such as virtual school, video conferencing, online meetings, etc. COVID-19 has also affected a lot of lives, which led to health care emergencies, the only which was functioning in the COVID-19 time, every industry and market faced the impact of the pandemic and as of now, the condition is getting better so things are coming back to normal. Our report will help you in the development and growth of your market as it has solutions to these problems, these solutions were invented through detailed analysis considering the market scenario.
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