Bharat Book Bureau Provides the Treding Market Research Report on "Global Security Testing Market 2021-2028" under Services Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.
MARKET OUTLOOK
Report implies that the Global Security Testing Market is forecasted to display revenue growth at a CAGR of 24.28% over the considered period 2021-2028.
The rising security risks, government regulations driving security needs, and the surging number of network attacks are motivating the growth of the security testing market. Further, the increase in the adoption of cloud-based services, changing business environment, and growth in IoT connections, are factors opening multiple opportunities for the studied market over the assessed period.
However, lack of testing knowledge, coupled with a dearth of skilled cyber security personnel, is hampering the overall development of the security testing market globally.
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REGIONAL OUTLOOK
The global security testing market includes the regions of North America, Asia-Pacific, Latin America, Europe, and Middle East and Africa.
Globally, North America holds the largest market for security testing. Among the region’s nations, Canada’s cyber security landscape is driven by the implementation of the Digital Privacy Act, which has assisted organizations in optimizing their compliance programs. Additionally, the government disbursed a significant amount in enhancing the country’s security infrastructure to reduce the threats of cyber attacks. Such investments by the government are anticipated to augment the adoption of security testing solutions across various industries, which will further contribute to the growth of the security testing market across North America over the forecast period.
COMPETITIVE OUTLOOK
The major enterprises involved in the security testing market consist of Cisco Systems Inc, Applause App Quality Inc, Paladion Networks Pvt Ltd, McAfee LLC, Hewlett-Packard Company, Checkmarx Ltd, Core Security Technologies Inc, Veracode Inc, Maveric Systems Ltd, IBM Corporation, iViZ Security Inc, Rapid7, Offensive Security LLC, ControlCase LLC, and Accenture Plc.
Cisco Systems Inc offers networking and related products for the IT & Communication Industry. Its business segments include switching, data center, security, and others. Moreover, its product portfolio consists of security products, such as network & data center security, advanced threat protection, access & policy, unified threat management, managed services, and email security, among others. Cisco provides products for transferring data, voice, and videos in building, across campuses, and globally. It has a broad consumer base, and is headquartered in the United States.
TABLE OF CONTENTS
1. GLOBAL SECURITY TESTING MARKET - SUMMARY
2. INDUSTRY OUTLOOK
1.1. KEY INSIGHTS
1.1.1. STRINGENT SECURITY REGULATIONS AGAINST CYBER BREACHES
1.1.2. SURGE IN ADOPTION OF BYOD IN WORKPLACES
1.1.3. USAGE OF ARTIFICIAL INTELLIGENCE IN SECURITY APPLICATIONS
1.2. PORTER’S FIVE FORCES ANALYSIS
1.2.1. THREAT OF NEW ENTRANTS
1.2.2. THREAT OF SUBSTITUTE
1.2.3. BARGAINING POWER OF SUPPLIERS
1.2.4. BARGAINING POWER OF BUYERS
1.2.5. THREAT OF COMPETITIVE RIVALRY
1.2. MARKET ATTRACTIVENESS INDEX
1.3. VENDOR SCORECARD
1.4. KEY MARKET STRATEGIES
1.2.6. MERGERS & ACQUISITIONS
1.2.7. PRODUCT LAUNCH & DEVELOPMENTS
1.2.8. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
1.3. MARKET DRIVERS
1.3.1. SURGE IN SECURITY THREATS
1.3.2. GOVERNMENT REGULATIONS DRIVING SECURITY NEEDS
1.3.3. GROWING NETWORK ATTACKS
1.4. MARKET RESTRAINTS
1.4.1. LACK OF TESTING KNOWLEDGE
1.4.2. LACK OF SKILLED CYBER SECURITY PERSONNEL
1.5. MARKET OPPORTUNITIES
1.5.1. INCREASE IN ADOPTION OF CLOUD-BASED SERVICES
1.5.2. CHANGING BUSINESS ENVIRONMENTS
1.5.3. SURGE IN IOT CONNECTIONS
2. GLOBAL SECURITY TESTING MARKET OUTLOOK - BY DEPLOYMENT MODE
2.1. ON-PREMISE
2.2. CLOUD
3. GLOBAL SECURITY TESTING MARKET OUTLOOK - BY TYPE
3.1. NETWORK SECURITY TESTING
3.1.1. FIREWALL TESTING
3.1.2. VPN TESTING
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