Penetration Testing Market Size Analysis 2024 Top Regions, Key Players Opportunities Forecast – 2031

The global penetration testing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The primary factors driving the growth of the penetration testing market are rising cyber-attacks and the growing number of connected devices. According to the NTSC (National Technology Security Coalition) in 2020, Capital One, one of the largest banking institutions in the US, suffered a massive data breach, exposing the personal information of over 106 million credit card applicants between 2005 and 2019.

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Further, the NTSC report disclosed that Over 770 million email addresses and 21 million unique passwords were exposed in a popular hacking forum after being hosted in the cloud service MEGA. It became the single largest collection of breached personal credentials in history. These cyber-attacks are playing a crucial role in the compelling organization for security services including penetration testing, and it is anticipated to tremendously drive the penetration testing market.

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Market Coverage

  • Segment Covered-

o            By End-User

o            By Testing Service

o            By Deployment Mode

o            By Organization Size

  • Regions Covered-

o            North America

o            Europe

o            Asia-Pacific

o            Rest of the World

  • Competitive Landscape- Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, IBM Corp., FireEye, Inc., and Rapid7, Inc.

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 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 Penetration Testing Market Report Segment

By End-User

  • Banking, Financial Services and Insurance (BFSI)
  • Healthcare
  • Information Technology (IT)
  • Telecom
  • Education
  • Retail and eCommerce
  • Others (Social Media, Energy, and Transportation)

By Testing Service

  • Web application
  • Mobile application
  • Network Infrastructure
  • Social Engineering
  • Cloud
  • Others (Wireless, IoT & Embedded)

By Deployment Mode

  • Cloud
  • On-premises

By Organization Size

  • Large Organization
  • Medium and Small Organizations

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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