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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in the Security Testing Market
Market players are focused on partnerships, product upgrades, and collaboration to gain a competitive edge and capture a significant market share
AT&T Inc., incorporated in 1885, is a telecommunications company, with its headquarters in Texas, the United States. The company offers products and services in the areas of wireless communications, internet services, and broadband data, among others.
IBM Corporation is a global technology company, founded in 1911 and based in New York, the United States. The company is a major provider of enterprise security solutions such as cloud security, data security, and threat detection response, among others.
HCL Technologies Ltd., established in 1976 and headquartered in Uttar Pradesh, India, is an information technology and consulting company. It has established strategic alliances with brands such as Adobe, Appian, Microsoft, and Pega, among others, to enhance its customer service.
Veracode, Inc. was founded in 2006 and is headquartered in Massachusetts, United States. The company help organisations secure their software throughout the entire software development lifecycle (SDLC). Veracode's product portfolio includes Prevent, which helps developers build secure code, Security Labs for advanced security testing, and eLearning to build developer security competency.
Other key players in the security testing market report include Cigniti Technologies Limited, Open Text Corporation (Micro Focus International Limited), Secureworks, Inc., Rapid7 Inc., Checkmarx Ltd., and Synopsys, Inc., among others.
Security Testing Market Report Snapshots
Security Testing Market Growth
Security Testing Market Trends
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.*
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Key Questions Answered in the Report
In 2023, the security testing market reached an approximate value of USD 10.52 billion.
The market is expected to grow at a CAGR of 18.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 48.95 billion by 2032.
The major drivers of the market include growing cyberattacks, rapid digitalisation, and the surging popularity of BYOD and remote work models.
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.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various testing tools are code review tool, software testing tool, web application testing tool, and penetration testing tool, among others.
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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