What is Global Application Security Testing (AST) Software Market?
The Global Application Security Testing (AST) Software Market is a rapidly evolving sector that focuses on the provision of software solutions designed to identify, rectify, and prevent security vulnerabilities in applications. This market is driven by the increasing need for businesses to protect their digital assets from cyber threats. The software solutions offered in this market are designed to conduct a thorough analysis of applications to identify potential security risks and provide recommendations on how to mitigate these risks. These solutions are used across various industries, including IT, banking, healthcare, and retail, to ensure the security of their applications. The AST software market is characterized by continuous technological advancements and innovations aimed at improving the efficiency and effectiveness of security testing processes. The market's growth is further propelled by the increasing adoption of cloud-based services and the growing awareness of the importance of application security in today's digital age.
Cloud-Based, On-Premises in the Global Application Security Testing (AST) Software Market:
The Global Application Security Testing (AST) Software Market is segmented into cloud-based and on-premises solutions. Cloud-based solutions are hosted on the vendor's server and can be accessed through the internet. They offer several benefits, including scalability, cost-effectiveness, and easy accessibility. On the other hand, on-premises solutions are installed and run on the user's computer or server. They offer greater control over data and are preferred by organizations with strict data security regulations. The choice between these two depends on the organization's specific needs and resources. The market for both these segments is growing, driven by the increasing need for robust application security testing solutions.
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users) in the Global Application Security Testing (AST) Software Market:
The Global Application Security Testing (AST) Software Market caters to a wide range of users, including large enterprises, medium-sized enterprises, and small enterprises. Large enterprises with over 1000 users often have complex application landscapes and require comprehensive AST solutions to ensure the security of their applications. Medium-sized enterprises with 499-1000 users also require AST solutions but may have different needs and resources compared to large enterprises. Small enterprises with 1-499 users, while having fewer applications, still require AST solutions to protect their digital assets. The market offers a variety of solutions tailored to the specific needs of these different user groups.
Global Application Security Testing (AST) Software Market Outlook:
The Global Application Security Testing (AST) Software Market has shown significant growth over the years. In 2023, the market was valued at US$ 2773.7 million. It is expected to reach a value of US$ 4349.8 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% from 2024 to 2030. In 2019, HCL Technologies (formerly IBM) held the largest market share, accounting for about 13% of the market. This growth is driven by the increasing need for application security in the face of growing cyber threats.
| Report Metric | Details |
| Report Name | Application Security Testing (AST) Software Market |
| Accounted market size in 2023 | US$ 2773.7 million |
| Forecasted market size in 2030 | US$ 4349.8 million |
| CAGR | 6.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Checkmarx, WhiteHat Security, PortSwigger, Acunetix, Veracode, Qualys, Micro Focus, Rapid7, Contrast Security, ImmuniWeb, Netsparker, Synopsys, Edgescan, Onapsis, NetSPI, ERPScan, N-Stalker, Trustwave, Positive Technologies, IBM, Virtual Forge, SiteLock |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
