Technology Research Reports Application Security Market | Page 2

Further key findings from the report suggest: • The application security market accounted for USD 2.05 billion and is expected to grow at a CAGR of 17.7% from 2016 to 2025 • Web application security emerged as the largest segment in 2015 and is expected to leverage machine learning to catalyze growth opportunities • The application security market size in large enterprises was value USD 1.25 billion in 2015 and is anticipated to witness substantial growth over the next nine years • The U.S. managed services market was valued as USD 478.5 million in 2015 and is expected to gain traction owing to strong compliance requirements • The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments, especially in the mobile application security market. The regional market is expected to grow at a CAGR of 24.9% from 2016 to 2025 • Key players including IBM, Hewlett Packard Enterprise, Qualys Inc., Veracode and WhiteHat Security dominated the market while accounting 50% share of the total market in 2015 Grand View Research has segmented the application security market on the basis of solution, services, testing, deployment, organization size, end-use and region: Application Security Solution Outlook (Revenue, USD Million, 2014 - 2025) • Web application security • Mobile application security Application Security Services Outlook (Revenue, USD Million, 2014 - 2025) • Managed • Professional Application Security Testing type Outlook (Revenue, USD Million, 2014 - 2025) • Static Application Security Testing (SAST) • Dynamic Application Security Testing (DAST) • Interactive Application Security Testing (IAST) • Runtime Application Self-Protection (RASP) Application Security Deployment Outlook (Revenue, USD Million, 2014 - 2025) • Cloud • On-premise Application Security Organization size Outlook (Revenue, USD Million, 2014 - 2025) • Small and medium enterprise • Large enterprise Application Security End-Use Outlook (Revenue, USD Million, 2014 - 2025) • BFSI Follow Us: