Europe Security Testing Market Size (2024 - 2029)

The Europe Security Testing Market is projected to experience significant growth due to the increasing frequency of cyber-attacks targeting corporations and governments across the region. This growth is driven by the need to address vulnerabilities exposed by these attacks, which often exploit loopholes in software to access sensitive information. The market's expansion is further supported by the development of advanced security testing methodologies, such as Dynamic Application Security Testing, which have evolved to assess next-generation applications. These methodologies enhance the ability to provide detailed insights, benefiting quality assurance processes and helping organizations comply with stringent data security regulations.

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Market Size of Europe Security Testing Industry

Europe Security Testing Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 25.46 Million
Market Size (2029) USD 71.67 Million
CAGR (2024 - 2029) 23.00 %
Market Concentration Medium

Major Players

Europe Security Testing Market Key Players

*Disclaimer: Major Players sorted in no particular order

Europe Security Testing Market Analysis

The Europe Security Testing Market size is estimated at USD 25.46 million in 2024, and is expected to reach USD 71.67 million by 2029, growing at a CAGR of 23% during the forecast period (2024-2029).

  • The market will grow in the coming years as a result of the massive number of cyber-attacks targeting corporations and governments of Europe.
  • Drug cartels use hackers for cyber-attacks on the ports and companies' sites to traffic drugs across countries. Hackers are finding loopholes in the software that has been installed in the system to take sensitive information out of the network. European Network and Information Security Agency carry out more than 2000 cyber incidents targeting ministries, energy companies, telecom companies, security agencies, internet service providers, and financial institutions. Security systems help companies and governments secure the software used on the network. The hacks on the networks cause massive disruption in the activities of a company or compromise customer information.
  • The increasing number of cyber security attacks and hacks into sensitive networks from applications is exposing the vulnerabilities and threats caused by applications that are not evident during their development and deployment. These hacks can cause severe disruptions to the business or compromise sensitive customer or internal information. This has caused governments worldwide to introduce stringent regulations to ensure companies follow guidelines and ensure the security of sensitive data.
  • Security Testing will ensure that the systems and applications on a network it is secure or not. The evolution of Dynamic application security testing beyond the security testing of back-end web applications has opened up new avenues for the security testing market. They now have the capabilities to test next-generation applications. The ability of some of the testing providers to enable interaction between their static and dynamic security testing techniques provides more detailed information, which is quite useful in QA testing in order to provide more meaningful results to developers.

Europe Security Testing Industry Segmentation

Security testing is a type of software testing that intends to uncover the vulnerabilities of the system and determine that its data and resources are protected from possible intruders. Security testing of any system is about finding all the possible loopholes and weaknesses of the system that may result in a loss of information, revenue, and repute at the hands of the employees or the outsiders of the organization.

Deployment
On Premise
Cloud
Hybrid
Type
Network Security Testing
VPN Testing
Firewall Testing
Other Service Types
Application Security Testing
Application Type
Mobile Application Security Testing
Web Application Security Testing
Cloud Application Security Testing
Enterprise Application Security Testing
Testing Type
SAST
DAST
IAST
RASP
Testing Tool
Web Application Testing Tool
Code Review Tool
Penetration Testing Tool
Software Testing Tool
Other Testing Tools
End-User Industry
Government
BFSI
Healthcare
Manufacturing
IT and Telecom
Retail
Other End-User Industries
Country
United Kingdom
Germany
France
Rest of Europe
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Europe Security Testing Market Size Summary

The Europe Security Testing Market is poised for significant growth, driven by the increasing frequency of cyber-attacks targeting both corporations and government entities across the region. The rise in cyber threats, including those orchestrated by drug cartels exploiting software vulnerabilities, has underscored the critical need for robust security measures. The European Network and Information Security Agency's involvement in addressing thousands of cyber incidents highlights the urgency for companies and governments to secure their networks and applications. The evolution of security testing, particularly dynamic application security testing, has expanded its scope to include next-generation applications, providing more comprehensive insights for quality assurance and development teams. This proactive approach is essential in mitigating the risks posed by undiscovered vulnerabilities during the development and deployment of applications.

The market landscape is characterized by a competitive environment with numerous players striving to enhance their market presence through strategic initiatives and service offerings. The trend towards cloud-based penetration testing services, known as penetration testing as a service (PTaaS), is gaining traction, offering continuous testing and remediation to adapt to the evolving security needs of organizations. The shift to remote working has further amplified the importance of regular vulnerability scans and penetration testing to safeguard against cyber threats. Key regions like the United Kingdom are witnessing a rise in data breaches, prompting the adoption of advanced security measures such as AI, security analytics, and encryption to mitigate risks. The market's growth is supported by strategic expansions and product launches by companies like Pcysys and GrammaTech, aiming to address the increasing demand for continuous security validation and application security testing solutions.

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Europe Security Testing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Need for Safety from Security Threats

      2. 1.2.2 Government Regulations Driving Security Needs

    3. 1.3 Market Challenges

      1. 1.3.1 Awareness Regarding Security Testing

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Deployment

      1. 2.1.1 On Premise

      2. 2.1.2 Cloud

      3. 2.1.3 Hybrid

    2. 2.2 Type

      1. 2.2.1 Network Security Testing

        1. 2.2.1.1 VPN Testing

        2. 2.2.1.2 Firewall Testing

        3. 2.2.1.3 Other Service Types

      2. 2.2.2 Application Security Testing

        1. 2.2.2.1 Application Type

          1. 2.2.2.1.1 Mobile Application Security Testing

          2. 2.2.2.1.2 Web Application Security Testing

          3. 2.2.2.1.3 Cloud Application Security Testing

          4. 2.2.2.1.4 Enterprise Application Security Testing

        2. 2.2.2.2 Testing Type

          1. 2.2.2.2.1 SAST

          2. 2.2.2.2.2 DAST

          3. 2.2.2.2.3 IAST

          4. 2.2.2.2.4 RASP

    3. 2.3 Testing Tool

      1. 2.3.1 Web Application Testing Tool

      2. 2.3.2 Code Review Tool

      3. 2.3.3 Penetration Testing Tool

      4. 2.3.4 Software Testing Tool

      5. 2.3.5 Other Testing Tools

    4. 2.4 End-User Industry

      1. 2.4.1 Government

      2. 2.4.2 BFSI

      3. 2.4.3 Healthcare

      4. 2.4.4 Manufacturing

      5. 2.4.5 IT and Telecom

      6. 2.4.6 Retail

      7. 2.4.7 Other End-User Industries

    5. 2.5 Country

      1. 2.5.1 United Kingdom

      2. 2.5.2 Germany

      3. 2.5.3 France

      4. 2.5.4 Rest of Europe

Europe Security Testing Market Size FAQs

The Europe Security Testing Market size is expected to reach USD 25.46 million in 2024 and grow at a CAGR of 23% to reach USD 71.67 million by 2029.

In 2024, the Europe Security Testing Market size is expected to reach USD 25.46 million.

Europe Security Testing Market Report Snapshots

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