The global market is expected to witness healthy growth by 2022. The growth of the market to the rise in the security violations targeted at various business applications and rapid technological advancements. The rising demand and technological advancements in the mobile and web-based applications are also expected to drive the global market. The strong rise in demand for Software as a Service (SaaS) application security solutions is also expected to create significant growth opportunities for the key market players.Visit us: https://www.scalarmarketresearch.com/press-releases-ineer/application-security-market
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Key players in the application security market include:
Hewlett Packard Enterprise Development LP
Acunetix, Qualys, Inc.
Veracode, Rapid7, Inc.
White Hat Security
Trustwave Holdings, Inc.
The major restraining factors for the market include lack of skilled professionals and insecure cryptography storage.
The high cost of deployment is also a major restraining factor for the growth of this market on the global scale.