Penetration Testing Market - Global Industry Analysis

Penetration Testing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6691 Status : Upcoming

Description

Global Penetration Testing Market: Overview

Penetration testing is also called ethical hacking or pen testing. It is a basic framework to check the computer, network, and associated web applications and hunt security vulnerabilities that an attacker can use to damage the system. It helps in enhancing the existing security procedures in information systems and supporting applications. It also helps in exploiting the weakness in the system safely. Such assessments can assist in validating the efficacy of defensive measures implemented for security purposes.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Penetration Testing Market: Growth Factors

The advancing cyber-attacks result in reputation and financial losses for organizations. However, the high penetration rate of smartphones, along with growing internet penetration, is one of the major factors responsible for advancing cyber-attacks in today's world. In addition, the stringent rules and regulations along with compliances mandate common penetration testing practices are also likely to fuel its adoption rate. Regulations like NAS, OWASP, PCI DSS, SOC2, SOX, and GDPR mandate the adoption of penetration testing frequently. For instance, according to RedScan, the organizations, as per GDPR Article 32, are likely to implement frequent testing processes for evaluating the effectiveness of the organization's measures and technicalities to ensure the safety and security of data processing. The cyber security sector is expected to foresee the surge in the trend of cloud-based penetration testing, which is also known as penetration testing-as-a-service (PTaaS). Solutions offer IT professionals the resources that are required to undertake and act upon continuous penetration tests. It includes a regular testing cycle and limitations. The continuous testing and remediation in penetration testing-as-a-service (PTaaS) states that in order to successfully combat and fight the massively transforming security stances of the organizations, there should be rigorous and ongoing testing management programs. All of these scenarios are projected to spur the growth of global penetration testing market during coming period. Manual and automated technologies are adopted in penetration testing to systematically compromise mobile devices, network devices, wireless networks, online applications, endpoints, and several other potential sources of exposure. Organizations all around the globe are rapidly digitizing their services and operations, thereby scaling up the reliance on data centers. Also, the processing and manufacturing sectors are highly appreciating the concept of industrial internet of technology (ioT) to enhance their operational efficiency that will significantly result in massive data collection and will also positively impact the growth of the global penetration testing market. However, the spike in the number of data centers is highly thriving the global penetration testing market exponentially. In addition, the cloud computing platform is offering new avenues for businesses to extend their capabilities. Also, the wireless penetration testing method is significantly gaining traction among users due to the growing trend of bring your own devices (BYOD) in organizations. In addition, the spike in the adoption of connected devices is making them more prone to advanced persistent threats and vulnerabilities, therefore compelling users to adopt such wireless penetration testing solutions to avoid data leakage and cyber-attacks.

Global Penetration Testing Market: Segmentation

The global penetration testing market can be segmented into organization size, deployment mode, component, and region.

By organization size, the market can be segmented into small-medium businesses and large companies.

By deployment model, the market can be segmented into on-premise and cloud-based. The cloud-based deployment segment holds the largest share in the global penetration testing market due to its surging adoption by the growing number of organizations owing to the convenience in carrying out the testing process.

By component, the market can be segmented into testing solutions and services. The solution segment accounts for the largest share in the global penetration testing market. The growth can be attributed to the availability of a wide range of testing options like wireless penetration testing, social engineering, mobile application penetration testing, online application penetration testing, and network penetration testing.

By end-user, the market can be segmented into government & defense, retail, healthcare, BFSI, IT & telecom, and others.

Global Penetration Testing Market: Regional analysis

North America accounts for the largest share in the global penetration testing market due to the growing regulations and compliances in the region. However, the companies in the region are quite advanced and are aware of the benefits of deploying penetration testing solutions. However, the region is considered to be the highest contributor in the global penetration testing market.

Asia Pacific is expected to be the fastest-growing region in the global penetration testing market due to ongoing technological advancements in the region. In addition, the growing economies like China and India will contribute heavily in accentuating the growth of the regional market.

Global Penetration Testing Market: Competitive Players

Some of the significant players in the global penetration testing market are Redbot Security, Isecurion, Breachlock, Intruder, Cyberhunter Solutions, Vumeric Cybersecurity, Offensive Security, Netraguard, Indium Software, Port Swigger, Checkmarx, Rhino Security Labs, Coalfire Labs, Raxis, Immuniweb, Hackerone, Core Security, Veracode, Netsparkar, Acunetix, Sciencesoft, Secureworks, IBM, Micro Focus, Fireeye, and Rapid7.

Global Penetration Testing Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

Also, the processing and manufacturing sectors are highly appreciating the concept of industrial internet of technology (IoT) to enhance their operational efficiency that will significantly result in massive data collection and will also positively impact the growth of the global penetration testing market. However, the spike in the number of data centers is highly thriving the global penetration testing market exponentially.

Some of the significant players in the global penetration testing market are Redbot Security, Isecurion, Breachlock, Intruder, Cyberhunter Solutions, Vumeric Cybersecurity, Offensive Security, Netraguard, Indium Software, Port Swigger, Checkmarx, Rhino Security Labs, Coalfire Labs, Raxis, Immuniweb, Hackerone, Core Security, Veracode, Netsparkar, Acunetix, Sciencesoft, Secureworks, IBM, Micro Focus, Fireeye, and Rapid7.

North America accounts for the largest share in the global penetration testing market due to the growing regulations and compliances in the region. However, the companies in the region are quite advanced and are aware of the benefits of deploying penetration testing solutions. However, the region is considered to be the highest contributor in the global penetration testing market.

HappyClients

Office Address

Corporate Office

Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social