Dynamic application security testing technology is used to detect vulnerabilities in security in applications. Various benefits of application security includes spot configuration mistakes & errors and identification of other specific problems with applications. These benefits are expected to be factors aiding in growth of the market over the forecast years.
Increasing Degree of Business Risks is expected to Drive Growth of the Dynamic Application Security Testing Market
Enterprises are increasingly adopting third-party applications & cloud computing, to ease business operations, which is expected to further aid in growth of the market. Also, in order to reduce risk of cyber-attacks, companies are adopting dynamic application security testing solutions. High deployment costs is expected to negatively impact growth of the dynamic application security testing market. Dynamic application security testing services offer wide range of applications including monitoring, execution of the process, planning the application security, and others.
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Dynamic Application Security Testing Market Regional Insights:
North America is expected to be dominant region in the dynamic application security testing market and is expected to retain its dominance during the forecast period. This is owing to high adoption of security solutions by security testing service providers. The U.S. has the most advanced information technology services industry in the North America. According to the SelectUSA, an organisation led by the U.S government wide program, infrastructure are high priorities for businesses in the U.S. and increasing growth in the cloud computing and mobile applications. Asia Pacific is the fastest growing region in the dynamic application security testing market due to increasing adoption of mobile devices. According to International Data Corporation (IDC), Asia Pacific quarterly mobile phone tracker, smartphone around 48% to 16.3 million in 2012.
Dynamic Application Security Testing Market Competitive Background:
Major players in the dynamic application security testing market include WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc.
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