APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • About us
Apac
  • Admired Tech

    Agile

    AI Healthcare

    Artificial Intelligence

    Augmented Reality

    Aviation

    Big Data

    Blockchain

    Cloud

    Cryptocurrency

    Cyber Security

    Digital Transformation

    Drone

    HPC

    Infrared

    Internet of Things

    Networking

    PropTech

    Remote Work

    Scheduling Software

    Simulation

    Startup

    Storage

    Wireless

  • Banking

    E-Commerce

    Education

    FinTech

    Food and Beverages

    Healthcare

    Insurance

    Legal

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Atlassian

    CISCO

    Microsoft

    Oracle

    Salesforce

    SAP

    ServiceNow

  • Business Intelligence

    CEM

    Cloud-based Planning

    Cognitive

    Compliance

    Contact Center

    Contact Tracing

    Contactless Payments

    Content Management System

    Corporate Finance

    CRM

    Custom Software Development

    Data Center

    Enterprise Architecture

    Enterprise Communications

    Enterprise Contract Management

    ERP

    Field Service

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Product Management

    RegTech

    Revenue Management

    Sales Tech

Menu
    • Augmented Reality
    • Agile
    • Cognitive
    • Cyber Security
    • Digital Transformation
    • Atlassian
    • E-Commerce
    • Managed Services
    • RegTech
    • CISCO
    • Blockchain
    • IoT
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Security
    Editor's Pick (1 - 4 of 8)
    left
    The Organization's Responsibility for its Own Protection

    Michael Wallmannsberger, Chief Information Security Officer, Wynyard Group

    Don't Rush to Hire an Anti-DDoS Expert!

    Barry Greene, Co-founder and Chief, Technical Officer, GETIT

    Attaining the Needs of Infrastructure Investment

    Yong Chiang Neo, CIO

    Constructing a Marketing IT Collaboration

    Jenny Williams,

    The Organic Adaptability of IT

    Pedro Sttau,

    The Weakest Link Is Your Strongest Security Asset

    Christian Anschuetz, CIO & Security Practitioner, UL

    Achieving Greater Business Value with Innovation

    Denise A. Saiki, CIO& VP Enterprise Business Services, Lockheed Martin

    Using Data Analytics for Loss Prevention

    Jonathan Lowsley, CIO, ADrive

    right

    Security Breaches Targeting Business Apps to Drive Application Security Market: A MarketsandMarkets Report

    By apacciooutlook | Thursday, May 26, 2016

    Tweet

    FREMONT, CA: MarketsandMarkets, a market research and management consulting company, publishes a research report on application security market forecasting to grow at a CAGR of 24.8% from 2016 to 2021.The report also states the application security market size to grow from USD 2.24 Billion in 2016 to USD 6.77 Billion by 2021

    The latest report from MarketsandMarkets, "Application Security Market by Component (Solutions, Services), Solutions (Web Application Security, Mobile Application Security), Testing Type (SAST, DAST, IAST), Deployment Mode, Organization Size, Vertical, Region - Global Forecast to 2021", segments the global market by testing type, deployment mode, company size, vertical and geography.

    There is a continuous rise in the security breach targeting the mobile and web application, application security protects web- and mobile-based applications from vulnerabilities via various security testing procedures, throughout the application development lifecycle.

    The Interactive Application Security Testing (IAST) segment to play a key role

    The Static Application Security Testing (SAST) segment is expected to contribute the largest share in the application security market during the forecast period. The IAST segment is expected to grow at the highest rate from 2016 to 2021, in the application security market, as it combines both SAST and Dynamic Application Security Testing (DAST) capabilities to scan the source code while the application is in the operating state.

    BFSI vertical to gain the maximum traction 

    The Banking, Financial Services, and Insurance (BFSI) vertical is expected to grow at the highest rate from 2016 to 2021, in the application security market. One of the major factors responsible for such a high growth rate is the increasing government regulations like Payment Card Industry Data Security Standard (PCI DSS), which has prompted the BFSI vertical to rapidly adopt application security solutions. The application security market is also projected to witness growth in the healthcare, retail, and IT & telecom verticals, during the forecast period. 

    North America to contribute the largest market share

    North America is expected to hold the largest market share and dominate the application security market from 2016 to 2021, due to the presence of a large number of application security vendors. Asia-Pacific (APAC) offers potential growth opportunities, due to rise in the Internet of Things (IoT) and Bring Your Own Device (BYOD) trend in organizations, which has given rise to the usage of web and mobile based applications. 

    The major vendors in the Application Security Market include IBM Corporation, Hewlett Packard Enterprise, WhiteHat Security, Veracode, Checkmarx, Qualys, Rapid7, Trustwave, Acunetix, and Cigital, among others. The report covers detailed information regarding the major factors influencing the growth of the Application Security Market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers and acquisitions, partnerships, agreements, and collaborations, associated with the Application Security Market.

    See Also: Cyber Security Review Magazine

    tag

    Financial

    IoT

    Data Security

    Weekly Brief

    loading
    Top 10 Wireless Tech Companies - 2020
    ON THE DECK

    Wireless 2020

    Top Vendors

    Wireless 2019

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    How Cognitive Computing Transforms Healthcare?

    How Cognitive Computing Transforms Healthcare?

    How to Establish Effective Cybersecurity Leadership in Post-COVID Era?

    How to Establish Effective Cybersecurity Leadership in Post-COVID Era?

    Disrupted Employees and Cybersecurity Risks

    Disrupted Employees and Cybersecurity Risks

    The Importance of Cognitive Analytics in Business Growth

    The Importance of Cognitive Analytics in Business Growth

    Why AI is Vital in Microservices Testing Automation

    Why AI is Vital in Microservices Testing Automation

    Three Key Trends in Cybersecurity

    Three Key Trends in Cybersecurity

    Loading...

    Copyright © 2021 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/security-breaches-targeting-business-apps-to-drive-application-security-market-a-marketsandmarkets-report-nwid-2087.html