Global Penetration Testing Market size was valued at US$ 1.4 Billion in 2020 and the total Penetration Testing revenue is expected to grow at 16.5% through 2021 to 2027, reaching nearly US$ 4.08 Billion.
Global Penetration Testing Market Overview
The Global Penetration Testing Market Report 2020 to 2027 (Forecast Period) provides detailed analysis of market growth factors, future evaluation, country level analysis, Penetration Testing market distribution, and competitive landscape analysis of major industry players. In the research report, every segment of the global Penetration Testing market is thoroughly examined. Through leading segments, the segment analysis identifies critical opportunities in the global Penetration Testing market. The regional study of the global Penetration Testing market assists readers in gaining a comprehensive understanding of the developments of the different geographic markets in recent years and going forward. The report also includes a wide range overview of the key dynamics of the global Penetration Testing market, such as market influence and market effect factors, drivers, threats, constraints, trends, and prospects. Other types of analysis, such as qualitative and quantitative, are also included in the research study.
Questions Answered in the Report
- What is the market potential for Penetration Testing?
- Which region will emerge as a key player in the next years?
- Which category will see rapid growth?
- What chances for development exist in the Penetration Testing sector in the upcoming years?
- What are the future obstacles that the Penetration Testing market may face?
- Who are the key market leaders in the Penetration Testing segment?
- What are the primary trends that are affecting market?
Competitive Share Analysis
Penetration Testing The competitive environment of the market includes statistics and data on various competitors. This survey provides a detailed analysis of players from 2018 to 2021 and reliable revenue information. It also provides in-depth analysis based on accurate revenue information (global and regional) for the period 2018-2021. It provides company profile, key businesses, total sales and revenue, Penetration Testing business revenue, Penetration Testing market entry date, Penetration Testing product launch, recent developments and other details.
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Segmentation:
Web Application Penetration Testing, Mobile Application Penetration Testing, Network Penetration Testing, and Other are the different sectors. In the projection term, mobile applications are expected to increase at a CAGR of 6.8%. (2021-2027). This rise can be ascribed to the worldwide IT market's high demand for E-Commerce apps like Amazon and Zomato. E-commerce behemoths like Amazon and Facebook are prone to data breaches on a regular basis. Penetration testing is expected to aid in the detection of any potential security flaws in these apps. In April 2021, the personal information of approximately 530 million Facebook users was leaked online. Personal phone numbers, e-mail addresses, and other biographical information of app users from around the world were included.
Global Penetration Testing Market Key Players:
• WhiteHat Security
• Checkmarx
• FireEye
• Micro Focus
• Secureworks
• Rhino Security Labs
• Immuniweb
• PortSwigger Web Security
• iSECURION
• Core Security SDI Corporation
• Redteam Security Consulting
• Context Information Security
• Rapid7, Inc.
• Qualys, Inc
• Veracode
• Trustwave Holdings, Inc
• Acunetix
• Hewlett Packard Enterprise
• IBM Corporation
• Cigital Inc
Impact of COVID-19 on the Market
COVID19 has three major impacts on the global economy. It has a direct impact on production and demand, supply chain and market turmoil, and economic impact on businesses and financial markets. Our analysts, who monitor the situation around the world, believe that after the difficulties of COVID19, the market offers producers a favourable opportunity. The purpose of the report is to provide a more detailed account of the current situation, the economic slowdown, and the impact of COVID 19 on the industry as a whole.
Penetration Testing Market Regional Analysis
This section of the report examines the share and growth rate of each region, nation, and submarket region throughout the estimated period. The research also includes a comprehensive PEST analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Penetration Testing market in these regions.
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