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Global Security Testing Market Analysis, Share, Forecast: By Testing Tool: Code Review Tool, Software Testing Tool, Web Application Testing Tool, Penetration Testing Tool, Others; By Type: Application Security, Device Security, Others; By Enterprise Size; By Deployment Mode; By Industry Vertical; Regional Analysis; Competitive Landscape; 2024-2032

Security Testing Market Share

Code review, software, and application testing tools are high in demand due to rising number of vulnerabilities in software and applications

The code review tool segment is expected to grow significantly due to the increasing adoption of secure coding practices and the need for thorough code analysis to identify vulnerabilities. The software testing tool segment is also expected to grow as it provides comprehensive testing capabilities for various types of software applications. The web application testing tool segment is expected to be a significant contributor to the market growth, driven by the increasing number of web applications and thus, thus the growing need for robust security testing to protect against web-based attacks.

Cloud-based deployment mode is gaining traction due to its cost-efficiency and ease of use

Cloud-based deployment occupies a sizeable portion of the security testing market share as it offers an economical solution to businesses. This deployment mode provides the provision of scalability of resources depending upon an organisation’s needs. Cloud-based testing tools also allow the testing team to collaborate seamlessly irrespective of their physical location. Furthermore, the rapid deployment of cloud-based tools compared to their on-premises counterparts also favours the segment growth.

In contrast, on-premises security testing involves installing and running security testing tools directly on the organisation's servers and infrastructure. This deployment mode offers greater control and data security as the data never leaves the premises. As per security testing market analysis, many companies, particularly in regulated industries like finance and healthcare, still prefer on-premises deployment due to concerns over data sovereignty and control. This is expected to drive steady demand for on-premises security testing solutions in the coming years.

Security Testing Market Report Snapshots

Security Testing Market Size

Security Testing Market Growth

Security Testing Market Trends

Security Testing Market Share

Security Testing Companies

Security Testing Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Security Testing Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Security Testing Historical Market (2018-2023)
   8.3   Global Security Testing Market Forecast (2024-2032)
   8.4   Global Security Testing Market by Testing Tool
       8.4.1   Code Review Tool
           8.4.1.1   Historical Trend (2018-2023)
           8.4.1.2   Forecast Trend (2024-2032)
       8.4.2   Software Testing Tool
           8.4.2.1   Historical Trend (2018-2023)
           8.4.2.2   Forecast Trend (2024-2032)
       8.4.3   Web Application Testing Tool
           8.4.3.1   Historical Trend (2018-2023)
           8.4.3.2   Forecast Trend (2024-2032)
       8.4.4   Penetration Testing Tool
           8.4.4.1   Historical Trend (2018-2023)
           8.4.4.2   Forecast Trend (2024-2032)
       8.4.5   Others
   8.5   Global Security Testing Market by Type
       8.5.1   Application Security
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Device Security
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
       8.5.3   Network Security
           8.5.3.1   Historical Trend (2018-2023)
           8.5.3.2   Forecast Trend (2024-2032)
       8.5.4   Others
   8.6   Global Security Testing Market by Enterprise Size
       8.6.1   Small and Medium Enterprises
           8.6.1.1   Historical Trend (2018-2023)
           8.6.1.2   Forecast Trend (2024-2032)
       8.6.2   Large Enterprises
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
   8.7   Global Security Testing Market by Deployment Mode
       8.7.1   Cloud-Based
           8.7.1.1   Historical Trend (2018-2023)
           8.7.1.2   Forecast Trend (2024-2032)
       8.7.2   On-Premise
           8.7.2.1   Historical Trend (2018-2023)
           8.7.2.2   Forecast Trend (2024-2032)
   8.8   Global Security Testing Market by Industry Vertical
       8.8.1   Education
           8.8.1.1   Historical Trend (2018-2023)
           8.8.1.2   Forecast Trend (2024-2032)
       8.8.2   Retail
           8.8.2.1   Historical Trend (2018-2023)
           8.8.2.2   Forecast Trend (2024-2032)
       8.8.3   Healthcare
           8.8.3.1   Historical Trend (2018-2023)
           8.8.3.2   Forecast Trend (2024-2032)
       8.8.4   IT and Telecom
           8.8.4.1   Historical Trend (2018-2023)
           8.8.4.2   Forecast Trend (2024-2032)
       8.8.5   BFSI
           8.8.5.1   Historical Trend (2018-2023)
           8.8.5.2   Forecast Trend (2024-2032)
       8.8.6   Others
   8.9   Global Security Testing Market by Region
       8.9.1   North America
           8.9.1.1   Historical Trend (2018-2023)
           8.9.1.2   Forecast Trend (2024-2032)
       8.9.2   Europe
           8.9.2.1   Historical Trend (2018-2023)
           8.9.2.2   Forecast Trend (2024-2032)
       8.9.3   Asia Pacific
           8.9.3.1   Historical Trend (2018-2023)
           8.9.3.2   Forecast Trend (2024-2032)
       8.9.4   Latin America
           8.9.4.1   Historical Trend (2018-2023)
           8.9.4.2   Forecast Trend (2024-2032)
       8.9.5   Middle East and Africa
           8.9.5.1   Historical Trend (2018-2023)
           8.9.5.2   Forecast Trend (2024-2032)
9   North America Security Testing Market Analysis
   9.1   United States of America
       9.1.1   Historical Trend (2018-2023)
       9.1.2   Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1   Historical Trend (2018-2023)
       9.2.2   Forecast Trend (2024-2032)
10   Europe Security Testing Market Analysis
   10.1   United Kingdom
       10.1.1   Historical Trend (2018-2023)
       10.1.2   Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1   Historical Trend (2018-2023)
       10.2.2   Forecast Trend (2024-2032)
   10.3   France
       10.3.1   Historical Trend (2018-2023)
       10.3.2   Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1   Historical Trend (2018-2023)
       10.4.2   Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Security Testing Market Analysis
   11.1   China
       11.1.1   Historical Trend (2018-2023)
       11.1.2   Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1   Historical Trend (2018-2023)
       11.2.2   Forecast Trend (2024-2032)
   11.3   India
       11.3.1   Historical Trend (2018-2023)
       11.3.2   Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1   Historical Trend (2018-2023)
       11.4.2   Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1   Historical Trend (2018-2023)
       11.5.2   Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Security Testing Market Analysis
   12.1   Brazil
       12.1.1   Historical Trend (2018-2023)
       12.1.2   Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1   Historical Trend (2018-2023)
       12.2.2   Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1   Historical Trend (2018-2023)
       12.3.2   Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Security Testing Market Analysis
   13.1   Saudi Arabia
       13.1.1   Historical Trend (2018-2023)
       13.1.2   Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1   Historical Trend (2018-2023)
       13.2.2   Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1   Historical Trend (2018-2023)
       13.3.2   Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1   Historical Trend (2018-2023)
       13.4.2   Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Competitive Landscape
   15.1   Market Structure
   15.2   Company Profiles
       15.2.1   AT&T Inc.
           15.2.1.1   Company Overview
           15.2.1.2   Product Portfolio
           15.2.1.3   Demographic Reach and Achievements
           15.2.1.4   Certifications
       15.2.2   IBM Corporation
           15.2.2.1   Company Overview
           15.2.2.2   Product Portfolio
           15.2.2.3   Demographic Reach and Achievements
           15.2.2.4   Certifications
       15.2.3   HCL Technologies Ltd.
           15.2.3.1   Company Overview
           15.2.3.2   Product Portfolio
           15.2.3.3   Demographic Reach and Achievements
           15.2.3.4   Certifications
       15.2.4   Cigniti Technologies Limited
           15.2.4.1   Company Overview
           15.2.4.2   Product Portfolio
           15.2.4.3   Demographic Reach and Achievements
           15.2.4.4   Certifications
       15.2.5   Open Text Corporation (Micro Focus International Limited)
           15.2.5.1   Company Overview
           15.2.5.2   Product Portfolio
           15.2.5.3   Demographic Reach and Achievements
           15.2.5.4   Certifications
       15.2.6   Veracode, Inc.
           15.2.6.1   Company Overview
           15.2.6.2   Product Portfolio
           15.2.6.3   Demographic Reach and Achievements
           15.2.6.4   Certifications
       15.2.7   Secureworks, Inc.
           15.2.7.1   Company Overview
           15.2.7.2   Product Portfolio
           15.2.7.3   Demographic Reach and Achievements
           15.2.7.4   Certifications
       15.2.8   Rapid7 Inc.
           15.2.8.1   Company Overview
           15.2.8.2   Product Portfolio
           15.2.8.3   Demographic Reach and Achievements
           15.2.8.4   Certifications
       15.2.9   Checkmarx Ltd.
           15.2.9.1   Company Overview
           15.2.9.2   Product Portfolio
           15.2.9.3   Demographic Reach and Achievements
           15.2.9.4   Certifications
       15.2.10   Synopsys, Inc.
           15.2.10.1   Company Overview
           15.2.10.2   Product Portfolio
           15.2.10.3   Demographic Reach and Achievements
           15.2.10.4   Certifications
       15.2.11   Others
16   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Security Testing Market: Key Industry Highlights, 2018 and 2032
2.   Global Security Testing Historical Market: Breakup by Testing Tool (USD Billion), 2018-2023
3.   Global Security Testing Market Forecast: Breakup by Testing Tool (USD Billion), 2024-2032
4.   Global Security Testing Historical Market: Breakup by Type (USD Billion), 2018-2023
5.   Global Security Testing Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.   Global Security Testing Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2023
7.   Global Security Testing Market Forecast: Breakup by Enterprise Size (USD Billion), 2024-2032
8.   Global Security Testing Historical Market: Breakup by Deployment Mode (USD Billion), 2018-2023
9.   Global Security Testing Market Forecast: Breakup by Deployment Mode (USD Billion), 2024-2032
10.   Global Security Testing Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
11.   Global Security Testing Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
12.   Global Security Testing Historical Market: Breakup by Region (USD Billion), 2018-2023
13.   Global Security Testing Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.   North America Security Testing Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   North America Security Testing Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Europe Security Testing Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Europe Security Testing Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Asia Pacific Security Testing Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Asia Pacific Security Testing Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Latin America Security Testing Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Latin America Security Testing Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Middle East and Africa Security Testing Historical Market: Breakup by Country (USD Billion), 2018-2023
23.   Middle East and Africa Security Testing Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.   Global Security Testing Market Structure

Key Questions Answered in the Report

What was the security testing market value in 2023?

In 2023, the security testing market reached an approximate value of USD 10.52 billion.

What is the growth rate of the market?

The market is expected to grow at a CAGR of 18.2% between 2024 and 2032.

What is the security testing market forecast for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 48.95 billion by 2032.

What are the major market drivers?

The major drivers of the market include growing cyberattacks, rapid digitalisation, and the surging popularity of BYOD and remote work models.

What are the key trends of the market?

Key trends aiding market expansion include the growing adoption of insider threat assessment practices in security testing, increased implementation of automated security testing, and strategic initiatives adopted by market players.

Which regions are included in the market, as per EMR report?

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the various testing tools covered in the market report?

Various testing tools are code review tool, software testing tool, web application testing tool, and penetration testing tool, among others.

Who are the key players in the security testing industry, according to the report?

Key players in the market are AT&T Inc., IBM Corporation, HCL Technologies Ltd., Cigniti Technologies Limited, Open Text Corporation (Micro Focus International Limited), Veracode, Inc., Secureworks, Inc., Rapid7 Inc., Checkmarx Ltd., and Synopsys, Inc., among others.

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