Global Network Security Testing Solutions Market Growth (Status and Outlook) 2024-2030

Global Network Security Testing Solutions Market Growth (Status and Outlook) 2024-2030

Enterprises are adopting technologies, such as the Internet of Things (IoT) and BYOD, which have increased the attack surface. Enterprises allow employees to bring their own devices, such as laptops and smartphones, to access company data and provide company-specific web and mobile-based applications. These devices function on the private network of the respective user, which is susceptible to various cyberattacks due to insufficient security. Business-sensitive data will be leaked and misused if any of these devices or applications are hacked. Timely security testing of such devices and applications for checking vulnerabilities can help prevent and mitigate potential cyber threats.

The global Network Security Testing Solutions market size is projected to grow from US$ 2332 million in 2024 to US$ 5024 million in 2030; it is expected to grow at a CAGR of 13.6% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Network Security Testing Solutions Industry Forecast” looks at past sales and reviews total world Network Security Testing Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Network Security Testing Solutions sales for 2023 through 2029. With Network Security Testing Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Network Security Testing Solutions industry.

This Insight Report provides a comprehensive analysis of the global Network Security Testing Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Network Security Testing Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Network Security Testing Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Network Security Testing Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Network Security Testing Solutions.

The cybersecurity statistics of Veronis revealed that the breached data from sources, such as loT and smartphones, are increasing drastically. The same study suggested that most companies have unprotected data and poor security testing practices, making them vulnerable to data loss. According to Symantec, in 2018, 1 in 36 mobile devices had high-risk apps installed, an average of 10,573 malicious mobile apps were blocked daily, and many devices experienced an average of 5,200 attacks per month. According to CSO Online, 61% of organizations have experienced a lot of security incidents, and as per NETSCOUT, IoT devices are typically attacked within five minutes, mainly through malicious servers. These statistics highlight the need to secure endpoints to prevent data loss and, in turn, financial loss. These statistics are also making enterprises realize the importance of better security. This factor drives the Market CAGR.

This report presents a comprehensive overview, market shares, and growth opportunities of Network Security Testing Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud
On-premise

Segmentation by Application:
Education
BFSI
Retail
Telecomm
IT
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Cloud
On-premise

Segmentation by Application:
Education
BFSI
Retail
Telecomm
IT
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BreachLock Inc
ScienceSoft
Acunetix
Netsparker
CyberHunter
Raxis
ImmuniWeb
QAlified
Cipher Security LLC
Indusface WAS
Intruder
Astra
FireEye
Secureworks
Rapid 7
QA Mentor
SoftScheck
Cisco Systems Inc
Hewlett Packard Enterprise
IBM Corporation
Qualys Inc.
WhiteHat Security
Applause App Quality Inc
Veracode
Checkmarx
UL LLC
Intertek Group PLC

Please note: The report will take approximately 2 business days to prepare and deliver.