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Application Security_PR

Based on Tritonu2019s estimates, the global application security market is estimated to surge at a growth rate of 14.89% over the forecasted period 2022-2028. <br><br>Application security encompasses software and solutions that ensure the security of web and mobile-based applications. The rise in cyberattacks has primarily increased the need for application security solutions. <br>

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Application Security_PR

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  1. Global Application Market to Progress at CAGR of 14.89% by 2028 • TritonMarketResearchpresentstheGlobal Application Security MarketsegmentedbyApplication(MobileApplicationSecurity,WebApplicationSecurity),End-user(Retail,Healthcare,Government,BFSI,Education,OtherEnd-users),SecurityTestingType(InteractiveApplicationSecurityTesting,StaticApplicationSecurityTesting,RuntimeApplicationSelfProtection,DynamicApplicationSecurityTesting),OrganizationSize(LargeEnterprise,SmallandMediumEnterprise),Offering(Solution[On-Premise,Cloud],Service[ProfessionalServices,ManagedServices]),andbyGeography(Asia-Pacific,MiddleEastandAfrica,NorthAmerica,LatinAmerica,Europe).ThereportalsoincludestheMarketSummary,IndustryOutlook,ImpactofCOVID-19,KeyInsights,Porter’sFiveForcesAnalysis,KeyImpactAnalysis,MarketAttractivenessIndex,VendorScorecard,IndustryComponents,KeyMarketStrategies,Drivers,Challenges,Opportunities,CompetitiveLandscape,ResearchMethodology&Scope,GlobalMarketSize,Forecasts&Analysis(2022-2028). RequestFreeSampleReport: https://www.tritonmarketresearch.com/reports/application-security-market#request-free-sample BasedonTriton’sestimates,theglobalapplicationsecuritymarketisestimatedtosurgeatagrowthrateof14.89%overtheforecastedperiod2022-2028.

  2. Applicationsecurityencompassessoftwareandsolutionsthatensurethesecurityofwebandmobile-basedapplications.Theriseincyberattackshasprimarilyincreasedtheneedforapplicationsecuritysolutions.Applicationsecurityencompassessoftwareandsolutionsthatensurethesecurityofwebandmobile-basedapplications.Theriseincyberattackshasprimarilyincreasedtheneedforapplicationsecuritysolutions. Withtheriseindatabreaches,severalgovernmentsareintroducingregulationstomitigatetherisks.Asperestimates,themajorityofsoftwarehassecurityvulnerabilities.Asaresult,cybercriminalsuseapplicationstocompromisecorporateinfrastructurebyinstallingmalwareandexfiltratingdata.Thishasencouragedgovernmentbodiestomandatecybersecuritylawsacrossindustries.Hence,governmentregulationscreatenewopportunitiesfortheapplicationsecuritymarket. However,lackofsecurityandbudgetconstraintsarekeyfactorsrestrictingtheoveralldevelopmentoftheapplicationsecuritymarketglobally. TheAsia-Pacificisexpectedtobecomethefastest-growingregionintheapplicationsecuritymarket.TheCOVID-19outbreakhasledtomajordigitizationintheregion,withalmostallbusinessesshiftingtocloudsolutionsduetogrowingremoteworkingtrends.Thishasincreasedconcernsrelatingtocybersecurity.Asaresult,countrieshavelaunchednewdataprotectionlawstoensurehigherprotection.Forinstance,Indonesiaproposedalawfollowingaseriesofhigh-profiledatabreachesintherecentmonthsof2020.Thelegislationmakesitillegaltocollectconsumerdatawithoutpermission. Thus,thesefactorswidenthescopeandgrowthoftheregionalmarketimmensely. ThemajorcompaniesthrivingintheapplicationsecuritymarketareContrastSecurity,Checkmarx,SiteLock,Acunetix,Pradeo,HewlettPackardEnterprise,Synopsys,MicroFocus,HCLTechnologies,Nsfocus,Rapid7Inc,IBMCorporation,Veracode,WhiteHatSecurity,QualysInc,DataTheorem,andTrustwave. Thecompetitiverivalryisdeterminedbymultiplefactors,suchasmarketpenetration,concentration,andprofitability.Severalplayersaredevelopingnewapplicationsolutionstosustainwithinthemarket,therebyincreasingthecompetitionlevels.Forinstance,IBMCorporationisheavilyinvolvedinapplicationsecurityassessment.Itmakesconstantimprovementstoitssecuritytestingofferingtopreventsecuritybreaches.Thus,thecompetitionamongexistingplayersisestimatedtobehigherovertheforecastperiod. ContactUs:sales@tritonmarketresearch.comPhone:+447441911839

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