Application Security

Application Security Industry is Expected to Reach $5.5 Billion

The “Application Security Market by Component (Software Tools, Services), Type (Web Application Security, Mobile Application Security), Deployment Mode, Organization Size, End User (Retail, Healthcare, BFSI, and Others) – Global Forecast to 2028″ report has been added to’s offering.

The global application security market is expected to reach $5.5 billion by 2028, growing at a CAGR of 7.6% during the forecast period of 2021-2028.

The growth of this market is mainly attributed to the growing need for application security in the banking sector, rising data breaches in business applications, favorable government regulations, and increasing demand for SaaS based mobile application security.

This study offers a comprehensive analysis of the global application security market. The global application security market is segmented by component (software tools, services), type (web application security, mobile application security), deployment mode (on-premises, cloud), organization size (SMEs, large enterprises), and end user (BFSI, manufacturing, healthcare, retail, government, education, media & entertainment, IT & telecom, energy & utilities, other end user). The study also evaluates industry competitors and analyses the market at the country level.

Key questions answered in the report:

  • Which are the high-growth market segments in terms of the components, types, deployment mode, organization size, end user, and country?
  • What is the historical market for application security across the globe?
  • What are the market forecasts and estimates from the period of 2021-2028?
  • What are the major drivers, restraints, and opportunities in the global application security market?
  • Who are the major players in operating the global application security market and what shares of the market do they hold?
  • Who are the major players in various countries and what shares of the market do they hold?
  • How is the competitive landscape?
  • What are the recent developments in the global application security market?
  • What are the different strategies adopted by the major players in the global application security market?
  • What are the geographical trends and high-growth countries?
  • Who are the local emerging players in the global application security market and how do they compete with the other players?

Scope of the Report:

Application Security Market, by Component

  • Software Tools
  • Static Application Security Testing (SAST)
  • Dynamic Application Security Testing (DAST)
  • Interactive Application Security Testing (IAST)
  • Software Composition Analysis (SCA)
  • Other Software Tools (Runtime Application Self Protection, Serverless Protection)
  • Services
  • Professional Services
  • Consulting services
  • System Integration Services
  • Training and Maintenance Services
  • Managed Services

Application Security Market, by Type

  • Web Application Security
  • Mobile Application Security

Application Security Market, by Deployment Mode

  • On-Premises
  • Cloud

Application Security Market, by Organization Size

  • Large Enterprises
  • SMEs

Application Security Market, by End User

  • BFSI
  • Retail
  • Government
  • Healthcare
  • IT & Telecom
  • Education
  • Energy & Utilities
  • Media & Entertainment
  • Manufacturing
  • Others (Agriculture, Defense, Transportation & Logistics, etc.)

Application Security Market, by Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Sweden
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia and New Zealand
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Rest of MEA

Companies Mentioned

  • Synopsys Inc. (U.S.)
  • Acunetix (Malta)
  • Micro Focus International plc. (U.K.)
  • F5 Networks Inc. (U.S.)
  • Veracode Inc. (U.S.)
  • IBM Corporation (U.S.)
  • Snyk Limited (U.K.)
  • Rapid7 Inc. (U.S.)
  • NowSecure (U.S.)
  • Qualys Inc. (U.S.)
  • Fortinet Inc. (U.S.)
  • Checkmarx Ltd. (Israel)
  • Imperva Inc. (U.S.)
  • Data Theorem Inc. (U.S.)
  • NTT Security AppSec Solutions Inc. (U.S.)
  • Lookout Inc. (U.S.)
  • VMware Inc. (U.S.)
  • Pradeo (France).

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