Mobile Application Security Testing Market by Deployment (Cloud, On-premises), Application Type (Hybrid Apps, Native Apps, Web Apps), Organization Size, Vertical - Global Forecast 2024-2030

Mobile Application Security Testing Market by Deployment (Cloud, On-premises), Application Type (Hybrid Apps, Native Apps, Web Apps), Organization Size, Vertical - Global Forecast 2024-2030

The Mobile Application Security Testing Market size was estimated at USD 3.63 billion in 2023 and expected to reach USD 4.28 billion in 2024, at a CAGR 18.37% to reach USD 11.83 billion by 2030.

Global Mobile Application Security Testing MarketMobile application security testing (MAST) is a comprehensive process that evaluates the security features and vulnerabilities of mobile applications. This analysis aims to identify potential security threats and provide mitigation strategies before the application is deployed or updated in a live environment. Mobile application security testing encompasses a variety of testing methods, including static application security testing (SAST), dynamic application security testing (DAST), and penetration testing. It covers several security aspects, including data protection, authentication, authorization, session management, and security configurations. The mobile application security testing market's growth is driven by an upsurge in mobile app usage, tighter security regulations, technological advancements, and enhanced awareness of security's pivotal role in organizational strategy, further stimulated by the escalating menace of mobile-centric cyber-attacks. Besides, challenges such as high service costs and limited security expertise in SMEs act as hindering factors for market growth. However, the integration of AI and blockchain technology offers fresh avenues for market expansion. The deployment of machine learning, AI for precise vulnerability detection, and the application of blockchain for robust data integrity represents lucrative opportunities for the global mobile application security testing market.Regional InsightsThe mobile application security testing market in the Americas is witnessing robust growth, largely driven by the heightened awareness around cyber security and data protection. The U.S., in particular, stands as a significant contributor to the market, hosting numerous startups and established firms that specialize in security testing. Latin America is also observing a surge in demand as mobile penetration deepens and enterprises prioritize securing their mobile applications. The EMEA region shows a varied performance in the mobile application security testing market, with regulations including the GDPR mandating strict data protection and security measures, influencing demand for comprehensive testing solutions. The Middle East, while still developing in this space, exhibits potential for market growth due to rising digital transformation efforts and increasing cyber threats. Africa's market is nascent but presents opportunities linked to mobile-first strategies and a soaring number of mobile users. The Asia-Pacific region is experiencing exponential growth in the mobile application security testing market, with widespread adoption of smartphones, a burgeoning e-commerce sector, and escalating incidents of cyber-attacks. The surge in mobile app development and a growing emphasis on regulatory compliance is catalyzing the adoption of mobile application testing in this region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mobile Application Security Testing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mobile Application Security Testing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mobile Application Security Testing Market, highlighting leading vendors and their innovative profiles. These include A&O IT Group, Appknox Inc., Astra IT, Inc., BreachLock Inc., Cigniti Technologies Limited, Cyberops, Detox Technologies, eSec Forte Technologies Private Ltd., eShard, HCL Technologies Limited, Indian Cyber Security Solutions, Indusface Pvt ltd., Komodo Consulting, Kratikal Tech Pvt. Ltd, Nettitude Limited, NowSecure, Inc., Positive Technologies, Synack, Inc., Synopsys, Inc., TestingXperts, Valency Networks, LLP, ValueMentor, Varutra Consulting, Wattlecorp Cyber Risk Management Services LLC, and Wattlecorp Cybersecurity Labs LLP.

Market Segmentation & Coverage

This research report categorizes the Mobile Application Security Testing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Deployment
Cloud
On-premises
Application Type
Hybrid Apps
Native Apps
Web Apps
Organization Size
Large enterprises
SMEs
Vertical
BFSI
Education
Healthcare
IT
Retail & eCommerce
Telecom
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Mobile Application Security Testing Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mobile Application Security Testing Market?
3. What are the technology trends and regulatory frameworks in the Mobile Application Security Testing Market?
4. What is the market share of the leading vendors in the Mobile Application Security Testing Market?
5. Which modes and strategic moves are suitable for entering the Mobile Application Security Testing Market?

Note: PDF & Excel + Online Access - 1 Year