Application Security Software Market

Application Security Software refers to the software tool to protect applications from external threats throughout their lifecycle. Application security is defined as the process of making apps more secure by finding, fixing, and enhancing the security of apps. Much of the process happens during the development phase, security tools and methods are used to protect apps once they are deployed.

The application security market is seeing a rapid growth primarily driven by the increase in the number of cyber-attacks and their sophistication, strict government regulations and growing smartphone penetration and adoption. Additionally, the space has seen a lot of investments by venture capitalists and private equity investors giving rise to a bunch of rising cybersecurity startups in the world. Other factors contributed to the growth of the application security market include the development and adoption of Internet of Things (IoT), digitization and automation in the industrial space, and technological development in the finance space especially in the emerging economies, etc.

Application Security Software Market contains market size and forecasts of Application Security Software in Global, including the following market information:

Global Application Security Software Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Application Security Software market was valued at 2854 million in 2021 and is projected to reach US$ 8010.8 million by 2028, at a CAGR of 15.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Cloud-based Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Application Security Software include Micro Focus, Veracode, Rogue Wave, CAST Software, IBM, Synopsys, Parasoft, Checkmarx and Akamai, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Application Security Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Application Security Software Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Application Security Software Market Segment Percentages, by Type, 2021 (%)

Cloud-based

On-Premise

Global Application Security Software Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Application Security Software Market Segment Percentages, by Application, 2021 (%)

Web App

Mobile App

Global Application Security Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Application Security Software Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Application Security Software revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Application Security Software revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Micro Focus

Veracode

Rogue Wave

CAST Software

IBM

Synopsys

Parasoft

Checkmarx

Akamai

Trustwave Holdings

WhiteHat Security

QUALYS, INC

Secure Decisions

Rapid7

Kiuwan

GrammaTech

Acunetix Ltd

Intertrust