Dynamic application security testing solutions enable organizations to automatically test web applications, mobile applications, APIs, and Microservices for security vulnerabilities and compliance issues before launching them. These solutions validate input and output points of any web, mobile, or API interfaces to detect security weaknesses. Dynamic application security testing helps organizations adopt a “test early, test often” approach to application security which reduces risks associated with applications upon launch. Dynamic application security testing solutions are being increasingly adopted across a wide range industries including BFSI, IT & telecom, healthcare, retail, and government. The global Dynamic Application Security Testing Market is estimated to be valued at US$ 1.86 Bn in 2023 and is expected to exhibit a CAGR of 24.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing need for secure application development has surged the adoption of dynamic application security testing solutions among organizations. Traditional vulnerability testing is no longer effective in today’s agile development environment. Dynamic application security testing helps test web and mobile applications in an automated way without disrupting development cycles. It also helps identify security issues early which reduces remediation time and costs. The technology traces execution paths in web and mobile applications and dynamically crawls through them to detect a comprehensive set of vulnerabilities during security testing. This continuous and automated approach to application security testing aligns extremely well with DevOps and secDevOps practices currently being followed by leading organizations.
Segment Analysis
The global Dynamic Application Security Testing market is dominated by web application security segment which holds around 45% market share. Web applications are one of the most common entry points for attackers. Dynamic Application Security Testing tools are widely adopted for testing web applications security as they can detect vulnerabilities during development and deployment stages. Rapid7 Nexpose and Tenable Nessus are widely used Dynamic Application Security Testing tools for web application security segment.
Key Takeaways
The global Dynamic Application Security Testing market is expected to witness high growth over the forecast period of 2023 to 2030 supported by increasing adoption of Dynamic Application Security Testing by organizations to secure their web, mobile and API applications from cyber threats.
Regional analysis – North America currently dominates the Dynamic Application Security Testing market with more than 35% share due to stringent data privacy regulations and rising awareness about application security. Asia Pacific is expected to grow at the fastest rate over the forecast period supported by rapid digital transformation in countries like China and India.
Key players – Key players operating in the Dynamic Application Security Testing market are WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc. WhiteHat Security and Veracode currently lead the market with their web-based Dynamic Application Security Testing tools – AppSpider and Veracode respectively which are used by many fortune 500 companies to scan, detect and fix vulnerabilities in web, mobile and API applications.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
