Application Security Testing Market

The global Application Security Testing market was valued at US$ 3164 million in 2022 and is projected to reach US$ 5782.4 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Application Security Testing market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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 Testing Market aims to provide a comprehensive presentation of the global market for Application Security Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Application Security Testing. Application Security Testing Market contains market size and forecasts of Application Security Testing in global, including the following market information:

• Global Application Security Testing Market Revenue, 2018-2023, 2024-2032, ($ millions)
• Global top five companies in 2022 (%)

We surveyed the Application Security Testing 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:

• Static AST
• Dynamic AST
• Interactive AST
• Mobile AST

• SMEs
• Large Enterprises

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

• Key companies Application Security Testing revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Application Security Testing revenues share in global market, 2022 (%)

• CAST
• Checkmarx
• Contrast Security
• GitLab
• HCL Software
• Micro Focus
• Onapsis
• Rapid7
• Synopsys
• Veracode
• WhiteHat Security