How big is the Application Security Market?

The Application Security Market size is expected to reach USD 11.62 billion in 2024 and grow at a CAGR of 17.39% to reach USD 25.92 billion by 2029. Read More

What is the current Application Security Market size?

In 2024, the Application Security Market size is expected to reach USD 11.62 billion. Read More

Who are the key players in Application Security Market?

IBM Corporation, Oracle Corporation, Veracode (Thoma Bravo), Synopsys Inc. and Qualys Inc. are the major companies operating in the Application Security Market. Read More

Which is the fastest growing region in Application Security Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Application Security Market?

In 2024, the North America accounts for the largest market share in Application Security Market. Read More

What years does this Application Security Market cover, and what was the market size in 2023?

In 2023, the Application Security Market size was estimated at USD 9.90 billion. The report covers the Application Security Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Application Security Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key challenges faced in the Application Security Market?

The key challenges faced in the Application Security Market are a) Integrating security throughout the development lifecycle b) Shortage of qualified application security professionals c) Managing application security across complex IT environments Read More

Application Security Market - Size, Share & Industry Trends

Application Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Application Security Testing Market Growth & Companies. The Market is Segmented by Application (Web, Mobile), Component (Services (Managed and Professions), Deployment (Cloud, On-Premise)), Organization Size (SMEs, Large Enterprises), Type of Security Testing (SAST, DAST, IAST, RASP), End-user Vertical (Healthcare, BFSI, Education, Retail, Government), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD billion) for all the above segments.

Application Security Industry Overview

The application security market is highly fragmented due to many players. Many players in the market are making innovations to differentiate themselves from their competitors. Some key players in the market include IBM, Oracle, and Synopsys Inc., among others. Some key recent developments in the market include:

In October 2022, Oracle announced Oracle Database 23c Beta, which handles all workloads, data types, and development styles. Oracle Database 23c, codename "App Simple," emphasizes application and development simplification. Further, additional innovations across Oracle's database services and product portfolio enhance Oracle's position in its performance, security, and reliability for mission-critical workloads.