Global Cyber Security Testing Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Cyber Security Testing Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Cyber Security Testing market size was valued at USD 8540.3 million in 2023 and is forecast to a readjusted size of USD 16690 million by 2030 with a CAGR of 10.0% during review period.

Cybersecurity testing involves assessing and validating the effectiveness of security controls implemented in software systems, networks, devices, and infrastructure. Its primary purpose is to detect vulnerabilities and protect sensitive data or critical assets from unauthorized access, modification, disruption, destruction, or misuse. A cyber attack can cause significant financial loss, reputational harm, legal liabilities, decreased customer confidence, regulatory fines, or even physical harm if applicable to medical equipment or autonomous vehicles.

The growth of this market is being driven by the increasing number of cyber attacks, the growing adoption of cloud computing, and the increasing awareness of the importance of cyber security.

Cyber security testing is the process of evaluating the security of an information system or network. It is used to identify and fix vulnerabilities that could be exploited by attackers.

The key drivers of the cyber security testing market include:

Increasing number of cyber attacks: The number of cyber attacks is increasing every year. This is driving the demand for cyber security testing, as organizations need to ensure that their information systems and networks are secure.

Growing adoption of cloud computing: Cloud computing is becoming increasingly popular. This is increasing the attack surface for organizations, as cloud-based applications and data are more vulnerable to attack.

Increasing awareness of the importance of cyber security: Businesses and governments are increasingly aware of the importance of cyber security. This is driving the demand for cyber security testing, as organizations need to ensure that they are compliant with regulations and that they are taking steps to protect their information systems and networks.

The key challenges faced by the cyber security testing market include:

Lack of skilled professionals: There is a shortage of skilled professionals who can conduct cyber security testing. This could limit the growth of the market.

Complexity of cyber security testing: Cyber security testing can be complex and time-consuming. This could make it difficult for organizations to conduct regular cyber security testing.

High cost of cyber security testing: Cyber security testing can be costly. This could make it difficult for some organizations to afford cyber security testing.

Overall, the global cyber security testing market is expected to grow at a significant CAGR during the forecast period. The growth of this market is being driven by the increasing number of cyber attacks, the growing adoption of cloud computing, and the increasing awareness of the importance of cyber security.

The Global Info Research report includes an overview of the development of the Cyber Security Testing industry chain, the market status of Defense (Vulnerability Scanning, Penetration Test), Healthcare (Vulnerability Scanning, Penetration Test), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cyber Security Testing.

Regionally, the report analyzes the Cyber Security Testing markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cyber Security Testing market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Cyber Security Testing market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cyber Security Testing industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Vulnerability Scanning, Penetration Test).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cyber Security Testing market.

Regional Analysis: The report involves examining the Cyber Security Testing market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cyber Security Testing market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Cyber Security Testing:

Company Analysis: Report covers individual Cyber Security Testing players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cyber Security Testing This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Defense, Healthcare).

Technology Analysis: Report covers specific technologies relevant to Cyber Security Testing. It assesses the current state, advancements, and potential future developments in Cyber Security Testing areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cyber Security Testing market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Cyber Security Testing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Vulnerability Scanning
Penetration Test
Risk Assessment
Application Security
Third-party Risk Assessment

Market segment by Application
Defense
Healthcare
Retail
IT and Telecommunications
Government
Others

Market segment by players, this report covers
Cigniti
Optiv
Kualitatem
TestingXperts
ScienceSoft
Dekra
CrowdStrike
Synopsys
Audacix
QinetiQ
RSI Security
Rapid7
Capgemini
Bridewell Consulting
BSG
Secureworks
Ksolves
Trustwave
Kontex
Infosys
RedTeam Security
CommSec
Infostretch
Centorrino Technologies
Bruce & Butler
SecOps NZ
ValueMentor
Advantio
True Digital Security
A-LIGN

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Cyber Security Testing product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Cyber Security Testing, with revenue, gross margin and global market share of Cyber Security Testing from 2019 to 2024.

Chapter 3, the Cyber Security Testing competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Cyber Security Testing market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Cyber Security Testing.

Chapter 13, to describe Cyber Security Testing research findings and conclusion.