Global Penetration Testing Market 2024-2028
The penetration testing market is forecasted to grow by USD 1928.85 mn during 2023-2028, accelerating at a CAGR of 13.98% during the forecast period. The report on the penetration testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing cyberattacks and data breaches, growing dependence on digital technologies, and security awareness and increased budget allocation.
Technavio's penetration testing market is segmented as below:
By Component
By End-user
- Large enterprises
- Small
- medium enterprises
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the increasing endorsement of cloud computing solutions and services as one of the prime reasons driving the penetration testing market growth during the next few years. Also, increase in the number of data centers and increasing demand of penetration testing among government and defense sector will lead to sizable demand in the market.
The report on the penetration testing market covers the following areas:
- Penetration testing market sizing
- Penetration testing market forecast
- Penetration testing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading penetration testing market vendors that include Acunetix, Aujas, Checkmarx Ltd., Coalfire Systems Inc., Cycops Information Security Services, Fortra LLC, HackerOne Inc., ImmuniWeb SA, Indium Software India Ltd., International Business Machines Corp., NetSPI LLC., Network Intelligence, PALADIN SECURITY, Rapid7 Inc., Raxis LLC, SecureLayer7.net, SecureTeam Ltd., SecurEyes, Vumetric Inc., and ScienceSoft USA Corp.. Also, the penetration testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.