The global Dynamic Application Security Testing market is estimated to be valued at USD 2.56 billion in 2023 and is expected to exhibit a CAGR of 18.74% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dynamic Application Security Testing (DAST) refers to a security testing methodology that scans web applications for vulnerabilities while they are running. It helps in identifying security flaws and potential vulnerabilities in real-time, providing an opportunity for timely remediation. The growing dependence on web and mobile applications for various business operations has escalated the need for DAST solutions. These solutions offer advantages such as continuous monitoring, real-time vulnerability scanning, and quick detection of security threats, thereby enhancing the overall security posture of organizations.
Market Key Trends:
One of the key trends in the Dynamic Application Security Testing market is the increasing adoption of cloud-based DAST solutions. With the rising popularity of cloud-based services and the shift towards hybrid IT environments, organizations are opting for DAST solutions that can be easily integrated with their cloud infrastructure. Cloud-based DAST solutions offer greater flexibility, scalability, and cost-effectiveness compared to traditional on-premises solutions. Moreover, these solutions provide easy accessibility and remote management capabilities, ensuring enhanced security for web applications hosted on the cloud. The trend of cloud-based DAST solutions is likely to continue growing in the forecast period, driven by the increasing demand for secure and scalable web application testing solutions.
Segment Analysis:
The global dynamic application security testing market is segmented based on the type of deployment (on-premise and cloud-based), the size of the organization (small and medium-sized enterprises, and large enterprises), the end-user industry (banking and financial services, healthcare, IT and telecom, retail, and others), and the region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).
Among the deployment types, cloud-based dynamic application security testing dominates the market. This can be attributed to the advantages offered by cloud-based solutions such as scalability, flexibility, and cost-effectiveness. It allows organizations to easily scale up or down their resources based on their needs and also eliminates the need for any physical infrastructure. Furthermore, cloud-based solutions offer better accessibility, allowing companies to conduct security testing from anywhere and at any time, making it highly convenient for businesses.
Key Takeaways:
The Global Dynamic Application Security Testing Market Demand is expected to witness high growth, exhibiting a CAGR of 18.74% over the forecast period. This growth can be attributed to the increasing need for robust application security due to the rising number of cyber attacks and data breaches. Organizations across various industries are adopting dynamic application security testing solutions to identify and fix vulnerabilities in their applications and ensure better protection against potential threats.
In terms of regional analysis, North America is the fastest-growing and dominating region in the global dynamic application security testing market. This can be attributed to the high adoption rate of advanced technologies, increasing investments in cybersecurity, and the presence of major market players in the region. Additionally, strict data protection regulations and growing awareness about the importance of application security are driving the market growth in North America.
Key players operating in the dynamic application security testing market include WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave Holdings, Inc. These key players are focusing on strategic partnerships, product innovation, and expansion to strengthen their market position. They are also investing in research and development activities to develop advanced solutions that can effectively identify and mitigate security risks in applications.
This report studies the Dynamic Application Security Testing (DAST) Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers.
Find the complete Dynamic Application Security Testing (DAST) Market analysis segmented by companies, region, type and applications in the report.
The report offers valuable insight into the Dynamic Application Security Testing (DAST) market progress and approaches related to the Dynamic Application Security Testing (DAST) market with an analysis of each region.
The report goes on to talk about the dominant aspects of the market and examine each segment.Top Key Players: Accenture (Republic of Ireland),IBM (US),Micro Focus (UK),Veracode (US),Synopsys (US),Pradeo (France),Rapid7 (US),Tieto (Finland),Trustwave (US),WhiteHat Security (US).Get a Free Sample: https://www.reportsandmarkets.com/sample-request/global-dynamic-application-security-testing-dast-market-4127947?utm_source=telegra.ph_medium=14 The global Dynamic Application Security Testing (DAST) market segmented by company, region (country), by Type, and by Application.
Players, stakeholders, and other participants in the global Dynamic Application Security Testing (DAST) market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2021-2027.Market Segment by Regions, regional analysis coversNorth America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia etc.
