Penetration Testing Market By Component (Solution, Services), By Deployment Mode (On-Premise, Cloud), By Testing Type (Network Penetration Testing, Application Penetraiton Testing, Social Engineering Tests, Cloud Penetration Testing, Others), By Organization Size (Large Enterprise, Small and Medium Enterprise), By Industry Vertical (BFSI, Manufacturing, Healthcare, Government and Defense, Energy and Utilities, Retail and E-commerce, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Penetration testing is the process of simulating cyber-attack that exploit vulnerabilities in computer system. In addition, the solution improves, tests, and measures the information systems. A person can easily access different resources through this system without being detected. This advanced set of technologies is growing higher in demand in industrial verticals, which holds a large amount of sensitive data.
High adoption of cloud computing solutions and services and increasing number of data centres is boosting the growth of the global penetration testing market. In addition, stringent government regulations to increase the adoption of penetration testing solutions and services is positively impacts growth of the penetration testing market. However, lack of skilled security professionals and high implementation cost is hampering the penetration testing market growth. On the contrary, increasing popularity of PTaaS and security assessment for remote workers is expected to offer remunerative opportunities for expansion of the penetration testing market during the forecast period.
The penetration testing market is segmented on the basis of by component, deployment mode, testing type, enterprise size, industry vertical, and region. On the basis of component, the market is categorized into solution and service. On the basis of deployment mode, the market is fragmented into On-Premise, and Cloud. On the basis of testing type the market is classified into network penetration testing, application penetration testing, social engineering tests, cloud penetration testing, and others. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By industry vertical, it is classified into BFSI, Manufacturing, Healthcare, Government and Defense, Energy and Utilities, Retail and E-commerce, IT and Telecom, and Others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the penetration testing market are Breachlock Inc., Bugcrowd, Cigniti Technology Ltd., Cisco Systems, Inc., CovertSwarm, Isecurion ,Netragard, NetSPI LLC, Nowsecure, PortSwigger Ltd., Rapid 7, Rebot Security, SecurityMetrics, TrustWave Holdings, Inc., Vumetric Cybersecurity, Astra Security, Vairav Technology. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the penetration testing market analysis from 2021 to 2031 to identify the prevailing penetration testing market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the penetration testing market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global penetration testing market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Organization Size
Large Enterprise
Small and Medium Enterprise
By Industry Vertical
BFSI
Sector
Banking
Insurance
Others
Manufacturing
Sector
Food and Beverages
Materials and Chemicals
Industrial Machinery and Heavy Equipments
High-Tech and Consumer Electronics
Others
Healthcare
Government and Defense
Energy and Utilities
Sector
Energy
Utilities
Retail and E-commerce
IT and Telecom
Sector
Software Companies
ITeS
Telecommunication Companies
Others
By Component
Solution
Services
Service Type
Professional Services
Managed Services
By Deployment Mode
On-Premise
Cloud
By Testing Type
Network Penetration Testing
Application Penetraiton Testing
Type
Web Applications
Mobile Applications
Social Engineering Tests
Cloud Penetration Testing
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Australia
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Synopsys
Breachlock Inc.
Bugcrowd
Cigniti Technology Ltd.
Cisco Systems, Inc.
CovertSwarm
Isecurion
Netragard
NetSPI LLC
Nowsecure
PortSwigger Ltd
Rapid 7
Rebot Security
SecurityMetrics
TrustWave Holdings, Inc.
Vumetric Cybersecurity
Astra Security
Vairav Technology
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