Original Post: 2030 Vision: Future of Application Security Market | Trends, Growth Drivers, and Industry Insights | by Harsh Mehta | Aug, 2024
The Application Security Market aims to protect applications from security vulnerabilities throughout their development and deployment. This market is growing due to increasing cyber threats, compliance requirements, and the adoption of cloud computing and mobile applications. Key tools and services include static and dynamic application security testing (SAST and DAST), runtime application self-protection (RASP), and web application firewalls (WAF). Asia-Pacific is expected to see the highest growth due to the rise in security breaches targeting business applications and an increasing number of SMEs investing in cybersecurity. Major trends driving the market include increasing cyber threats, the integration of security earlier in the development process (Shift-Left Security), and the growing need for regulatory compliance.
In addition, AI and ML are enhancing threat detection, and securing open-source components and APIs has become critical. The market is also divided into categories like Web Application Security, Mobile Application Security, and Cloud Application Security, and solutions such as SAST, DAST, and Interactive Application Security Testing (IAST).
Allied Market Research (AMR), based in Portland, Oregon, provides market research and business intelligence solutions. Their comprehensive library, Avenue, offers access to over 60,000 niche markets and 12,000 company profiles. For further details or customized reports, AMR can be contacted through their website.
Key companies in the market include Veracode, Checkmarx, WhiteHat Security, Synopsys, and Micro Focus. The market is expected to grow due to the increasing adoption of cloud-native applications, API proliferation, and heightened awareness of security risks.
Go here to read the Original Post