The global security testing market size reached US$ 9.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.1 Billion by 2028, exhibiting a growth rate (CAGR) of 21.6% during 2023-2028. More Info:- https://www.imarcgroup.com/security-testing-market

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Global Security Testing
Market Research and
Forecast Report 2023-2028
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
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clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.

3. Report Description
Report Description and Highlights
Global Security Testing Market Research Report:
The latest report by IMARC, titled “Security Testing Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028” finds that the global security testing market reached a
value of US$ 9.0 Billion in 2022.
Security testing refers to a system that discovers threats, vulnerabilities, and risks in a software
application, thus preventing malicious acts from intruders. Security tests are used to uncover all
possible weaknesses and loopholes of the software system, which may possibly lead to a loss of
information, reputation, and revenue.
In recent years, security testing has gained momentum as it maintains the functionality of an
information system. As a result, it is majorly employed in the small, medium, and large-scale industries.
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4. Report Description
Report Description and Highlights
Global Security Testing Market Trends:
One of the primary factors driving the market is the rising cases of cybercrimes due to the growing trend of
automation in various industry verticals and rapid digitalization. Additionally, the increasing trend of work-from-home
models, on account of the sudden outbreak of coronavirus disease (COVID-9), has offered network connections to
various devices with different security controls, thus increasing security concerns. This, along with the extensive
adoption of cloud-based security testing and the development and innovation of new technologies, is creating a
positive market outlook. Furthermore, the growing penetration of mobile applications and the Internet of Things (IoT)
has escalated the demand for security testing to provide integrity, confidentiality, authentication, authorization, and
non-repudiation.
Apart from this, governments of various nations are focusing on the introduction of various new technologies in
software security testing, including DevSecOps, DevOps, and Agile. Moreover, with the exponential growth in the e-
commerce industry, organizations are opting for security testing solutions that help reduce the threat landscape by
assisting developers in fixing these security threats. Looking forward, IMARC expects the market value to reach US$
29.1 Billion by 2028, expanding at a CAGR of 21.6% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).

5. Report Description
Report Description and Highlights
Market Summary:
Breakup by Type:
• Application Security Testing
• Network Security Testing
• Device Security Testing
• Social Engineering
• Others
Breakup by Testing Tool:
• Web Application Testing Tool
• Code Review Tool
• Penetration Testing Tool
• Software Testing Tool
• Others
Breakup by Deployment Mode:
• On-premises
• Cloud-based

6. Report Description
Report Description and Highlights
Breakup by End User:
• BFSI
• Healthcare
• IT and Telecom
• Retail and E-Commerce
• Education
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia

7. Report Description
Report Description and Highlights
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

8. Competitive Landscape with Key Players:
• Accenture plc
• Applause App Quality Inc.
• Checkmarx Ltd.
• Cisco Systems Inc.
• HelpSystems LLC
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• McAfee LLC
• Nippon Telegraph and Telephone Corporation
• OffSec Services Limited
• Qualys Inc.
• Veracode Inc.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/security-testing-market
Report Description
Report Description and Highlights

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

11. Report Description
Report Description and Highlights
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of
International Market Analysis Research and Consulting (IMARC). No part of this publication may be
reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be
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taping or by information storage or retrieval, or by any other form, without the express consent of
International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.

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