The global application security market is anticipated to grow at a CAGR of 17.2 % during the forecast period. Application security aims to protect software application code and data against cyber threats. Application security includes improving security practices in the software by eliminating unauthorized access to systems, applications, or data. The target of application security is to prevent attackers from accessing, modifying, or deleting data. The market players are launching new solutions for their customers to prevent cyberattacks which are driving the growth of the application security market during the forecast period. For instance,
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- In May 2022, Barracuda announced the expansion of Barracuda Cloud Application Protection for web applications and API security. Barracuda Cloud Application Protection enables continuous security compliance for web applications, including protection from advanced account takeover and client-side supply chain attacks.
- In April 2022, Datadog, Inc. announced the availability of its Application Security Monitoring (ASM) product. ASM enables tracing to help security, development, and operations teams accurately detect attacks targeting code-level vulnerabilities.
- In March 2022, Cider Security, an AppSec Operating System provider, emerged from stealth to provide users with the capability to orchestrate and manage application security measures and controls through a single pane of glass. Through a single solution, Cider Security aims to help users gain transparency over the software development life cycle (SDLC) from code development to deployment.
- In February 2022, Apiiro announced the launch of a brand-new community that focuses on the challenges of remediating risks in cloud-native applications. The inherent complexity of cloud-native applications necessitates an entirely new approach to security.
- In February 2022, The Dynatrace Application Security Module automatically detects and blocks attacks such as Log4Shell. Dynatrace also expanded serverless monitoring to include Azure Functions and Google Cloud Functions. Furthermore, Dynatrace stated it plans to provide its AIOps capabilities to software developers as code.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Component
o By Type
o By Deployment
o By End-Users
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Capgemini SE, Cisco Systems, Inc., HCL Technologies Ltd., IBM Corp., Micro Focus International Plc, Synopsys, Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Application Security Market Report Segment
By Component
- Software
- Services
By Type
- Web Application Security
- Mobile Application Security
By Deployment
- Cloud
- On-Premise
By End-Users
- BFSI
- Healthcare
- IT and Telecom
- Government
- Retail & E-commerce
- Others
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Global Application Security Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Capgemini SE
- Cast Software Inc.
- Checkmarx Ltd.
- Cisco Systems, Inc.
- Contrast Security Inc.
- F5, Inc.
- GitLab Inc.
- HCL Technologies Ltd.
- IBM Corp.
- Imperva, Inc.
- Kryptowire LLC
- Lookout, Inc.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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