Global Penetration Testing Market to Reach $4.05 Billion by 2029: Meticulous Research®

Dipali B

Meticulous Research®, a renowned global market intelligence firm, has released its latest report titled “Penetration Testing Market by Offering, Position, Type, Method (Black Box Testing, White Box Testing), Visibility (Covert Pen Testing, Automated Pen Testing), and End User (BFSI, Healthcare, Automotive, Others), and Geography - Global Forecast to 2029.” According to the report, the global penetration testing market is projected to reach $4.05 billion by 2029, growing at a robust CAGR of 12.5% from 2022 to 2029.

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Market Overview

The penetration testing market's substantial growth is driven by the increasing need to identify cybersecurity threats and vulnerabilities across enterprise networks. Organizations worldwide are facing heightened risks from cyberattacks, leading to a surge in demand for advanced penetration testing solutions and services. Moreover, stringent regulatory compliance requirements are compelling enterprises to adopt these technologies, further fueling market expansion.

However, the market's growth is not without challenges. The high turnaround time and associated costs of implementing penetration testing solutions may act as a restraining factor. Despite these challenges, the market is expected to thrive, driven by opportunities such as the rising demand for cloud computing solutions among SMEs, the growing adoption of Penetration Testing as a Service (PTaaS), and the increasing importance of cybersecurity in the healthcare sector.

Key Market Segments

1. By Offering:

2. By Position/Location:

3. By Method/Depth:

4. By Test Type:

5. By Visibility:

6. By Organization Size:

7. By End User:

Regional Insights

Geographically, North America is expected to lead the penetration testing market in 2022, driven by the rising incidence of cyberattacks, particularly in the healthcare and government sectors. The region's strong emphasis on advanced security measures and significant investments in R&D further contribute to its market dominance. Meanwhile, the Asia-Pacific region is projected to register the highest CAGR, as countries in the region accelerate their digital transformation efforts and focus on enhancing cybersecurity infrastructure.

Leading Market Players

The competitive landscape of the global penetration testing market is marked by key players such as Rapid7 (U.S.), Synopsys, Inc. (U.S.), Cisco Systems, Inc. (U.S.), International Business Machines Corporation (U.S.), Acunetix (U.K.), ASTRA IT, Inc. (U.S.), ScienceSoft (U.S.), SECURIFY BV (Netherlands), BreachLock Inc. (U.S.), Fortinet, Inc. (U.S.), SecureWorks, Inc. (U.S.), Netragard (U.S.), Cigniti Technologies Ltd. (U.S.), Rhino Security Labs, Inc (U.S.), FireEye (U.S.), Veracode (U.S.), NetSPI LLC. (U.S.), Trustwave Holdings, Inc. (U.S.), Coalfire (U.S.), and Software Secured (Canada). These companies are at the forefront of innovation, continuously enhancing their offerings to meet the evolving cybersecurity needs of organizations worldwide.

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Penetration Testing Market: Projections and Regional Outlook by 2023-2032

Soffi Clark 2023-03-03

“According to the research report published by Polaris Market Research, the global Penetration Testing market was valued at USD 1. ”Polaris Market Research has added Penetration Testing Market: By Size, Trends, Share, Growth, Segments, Industry Analysis and Forecast, 2030. Ask Us to Get Your Sample PDF Report on Penetration Testing Market Covering TOC and Regional Analysis @ https://www. In addition, market prospects are given based on global sales and revenue forecast and regional Penetration Testing Market forecast. About Us:Polaris Market Research is a worldwide market research and consulting organization.

Penetration Testing Market Opportunity, Supply-Demand Scenario and Forecast 2022-2030

gogo 2022-12-12

Moreover, research report provides knowledge of key drivers and regional dynamics of the industry and recent Penetration Testing Market trends inside the market. Ask Us for Available Discount on Penetration Testing Market @ https://www. Browse Additional Details on Penetration Testing Market @ https://www. What are the several stages in the value chain of the Penetration Testing Market? About Us:Polaris Market Research is a worldwide market research and consulting organization.

Penetration Testing Market Emerging Audience, Segments, Market Sales, Profits and Regional Study | Impact of COVID-19

Soham Patel 2021-11-15

In this way, the movement and trajectory of the global penetration testing market is explained in detail in the report. The impact of the global COVID-19 pandemic on the global penetration testing market is also explained in the report. Growing demand for penetration testing from the healthcare and BFSI sectors is likely to be a major driver for the global Penetration Testing Market over the forecast period. The testing solutions are segregated as network penetration testing, web application penetration testing, mobile application penetration testing, social engineering, wireless penetration testing, and others. Asia Pacific region is expected to be the fastest growing region in penetration testing market.

Penetration Testing Market Information, Figures, and Analytical Insights 2022– 2030

Gracey Cummins 2022-06-20

“According to the research report published by Polaris Market Research, the global Penetration Testing market was valued at USD 1. The researchers and advisors behind this report have provided projections on the Penetration Testing Market by using information tools. com/industry-analysis/penetration-testing-marketTarget Audience:Penetration Testing Market companiesResearch organizationsGovernment OrganizationsResearch/Consultancy firmsQuestions Answered in The Research Report:Who are the leading players active in the Penetration Testing Market? About Us:Polaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

Penetration Testing Market Projected to Gain $2.7 billion USD by 2027

marketsandmarkets 2022-08-24

Browse 401 market data Tables and 49 Figures spread through 320 Pages and in-depth TOC on "Penetration Testing Market - Global Forecast to 2027"Download PDF Brochure : https://www. Increased technical assurance and a greater comprehension of the attack surface that the systems are exposed to are two main advantages of a cloud penetration test. As a result, businesses must use penetration testing services for the cloud both now and in the future. Furthermore, the outcomes of web application penetration testing help identify and mitigate the security weaknesses in web applications and other components, such as source code, back-end network, and database associated with application penetration testing. The region has been exhibiting continued growth in adopting penetration testing solutions.

Penetration Testing Market: Technological Advancements and Future Prospects (2023-2029)

Aishwarya Bhasme 2023-08-08

The worldwide Penetration Testing market's growth reasons, as well as the market's many users, are discussed. 1 Global Penetration Testing Market, by Type (2022-2029)• Web Application Penetration Testing• Mobile Application Penetration Testing• Network Penetration Testing• Other2 Global Penetration Testing Market, by Deployment (2022-2029)• On-premise• Cloud3 Global Penetration Testing Market, by Industry (2022-2029)• Government and Defense• BFSI• IT and Telecom• Retail & E-Commerce• OtherFor any Queries Linked with the Report, Ask an Analyst @ https://www. COVID-19 Impact Analysis on Penetration Testing Market: The report covers COVID-19 impact on Penetration Testing market. Key Questions Answered in the Penetration Testing Market Report are: What will be the CAGR of the Penetration Testing market during the forecast period? Follow Us---> LinkedIn Twitter Facebook InstagramOur AddressMAXIMIZE MARKET RESEARCH PVT.

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In Malaysia, Advanced Penetration Testing courses are in high demand. Click here for moreThe Malaysian government has made the cyber security courses an essential part of its National Key Economic Area (NKEA) to ensure that its cyber security is not compromised shortly. In Malaysia, there are close to thirty higher educational institutions offering cyber security courses at undergraduate and postgraduate levels. comBut, When it comes to short-term courses in Advanced Penetration Security there are very few options. I3Matrix is Malaysia's leading Advanced Penetration Testing course center and we offer courses that are industry recognized and the course contents are designed by highly experienced trainers from industry-leading organizations such as Microsoft, Cisco, VMware, etc…For more information on the courses please visit: I3Matrix Advanced Penetration Testing Certification Course

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Based on method/depth, the global penetration testing market is segmented into black box testing, white box testing, and gray box testing. Based on test type, the global penetration testing market is segmented into infrastructure or network testing, application testing, wireless (Wi-Fi) testing, configuration/build review testing, social engineering, and other test types. Based on visibility, the global penetration testing market is segmented into overt penetration testing, convert penetration testing, and automated penetration testing. In 2022, the covert penetration testing segment is expected to account for the largest share of the global penetration testing market. Scope of the Report:Penetration Testing Market, by OfferingSolutionsEncryption & Authentication FlawsVulnerability AssessmentNetwork Monitoring & ScanningSQL Injection AttacksThreat IdentificationSecurity EvaluationRisk & Compliance ManagementOther SolutionsServicesProfessional ServicesManaged ServicesPenetration Testing Market, by Position/LocationExternal NetworkInternal NetworkPenetration Testing Market, by Method/DepthBlack Box TestingWhite Box TestingGray Box TestingPenetration Testing Market, by Test TypeInfrastructure or Network TestingApplication TestingWeb ApplicationMobile ApplicationWireless (Wi-Fi) TestingConfiguration/Build Review TestingSocial EngineeringOnsiteRemoteOther Test Types (Cloud Security Testing, Hardware Testing, End-0point/Kiosk PC Testing, and IoT, IoMT & OT Testing)Penetration Testing Market, by VisibilityOvert Penetration TestingConvert Penetration TestingAutomated Penetration TestingPenetration Testing Market, by Organization SizeLarge EnterprisesSmall and Medium-sized EnterprisesPenetration Testing Market, by End UserBFSIManufacturingRetail & E-commerceEducationIT & TelecommunicationHealthcareMedia & EntertainmentTransport & LogisticsAutomotiveGovernment & Public SectorOther End Users (Aerospace & Defense, Travel & Hospitality, and Energy & Utility)Penetration Testing Market, by GeographyNorth AmericaU.

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