What is Global Application Security Testing (AST) Platforms Market?
The Global Application Security Testing (AST) Platforms Market is a rapidly evolving sector that focuses on the security aspects of applications, particularly in the digital world. It is a market that is driven by the increasing need for businesses and organizations to protect their digital assets from potential threats and vulnerabilities. The AST platforms are designed to identify, assess, and manage security vulnerabilities in applications throughout their lifecycle. These platforms provide a comprehensive solution for ensuring the security of applications, from their development stage to their deployment and maintenance. They are used to conduct various types of security testing, including static application security testing (SAST), dynamic application security testing (DAST), and interactive application security testing (IAST). The goal of these tests is to identify potential vulnerabilities in the application code that could be exploited by attackers.
Cloud Based, On-premises in the Global Application Security Testing (AST) Platforms Market:
The Global Application Security Testing (AST) Platforms Market is segmented into two main types: Cloud-Based and On-Premises. Cloud-Based AST platforms are hosted on the vendor's server and are accessed through the internet. They offer several advantages, such as scalability, flexibility, and cost-effectiveness. On the other hand, On-Premises AST platforms are installed and run on the user's own servers. They offer greater control and security, as the user has complete control over the platform and its data. However, they require a significant upfront investment and ongoing maintenance costs. The choice between these two types depends on the specific needs and resources of the organization.
SMEs, Large Enterprises in the Global Application Security Testing (AST) Platforms Market:
The Global Application Security Testing (AST) Platforms Market is widely used by both Small and Medium Enterprises (SMEs) and Large Enterprises. SMEs often prefer Cloud-Based AST platforms due to their cost-effectiveness and scalability. These platforms allow SMEs to secure their applications without the need for a large upfront investment or a dedicated IT team. On the other hand, Large Enterprises often prefer On-Premises AST platforms due to their greater control and security. These platforms allow Large Enterprises to conduct comprehensive security testing on their applications and ensure their compliance with various regulatory standards.
Global Application Security Testing (AST) Platforms Market Outlook:
The Global Application Security Testing (AST) Platforms Market has shown significant growth in recent years. In 2022, the market was valued at US$ 987.7 million. It is expected to reach US$ 1433.1 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.4% from 2023 to 2029. In 2019, HCL Technologies (formerly IBM) held the largest market share, accounting for about 13% of the total market. This growth is driven by the increasing need for businesses and organizations to protect their digital assets from potential threats and vulnerabilities.
| Report Metric | Details |
| Report Name | Application Security Testing (AST) Platforms Market |
| Accounted market size in 2023 | US$ 987.7 million |
| Forecasted market size in 2029 | US$ 1433.1 million |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| By Region |
|
| By Company | Veracode, Checkmarx, PortSwigger, Micro Focus, NTT Application Security, Qualys, Invicti Security, Contrast Security, Rapid7, HCL Technologies, GitLab, Synopsys, CAST, GrammaTech, Perforce, Data Theorem, Parasoft, Akamai, Kiuwan (Idera) |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
