Portland, OR -- (SBWIRE) -- 12/28/2017 -- Global Security Testing Market is expected to grow at a CAGR of around 15% from 2017 to 2025. Security testing is a technique to check that an information system protects data and maintains functionality as intended. Security testing is performed to check whether there is leakage of information by encrypting the application or using wide range of softwares and hardwares and firewall.

Based on type, the Security Testing Market is divided into network security testing, application security testing and device security testing. Based on various tools, market is segmented into penetration testing tools, web testing tools, automated testing tools and code review tools. By deployment model, market is bifurcated into cloud and on-premises. Based on organization size, market is classified into small and medium enterprise (SME) and large enterprises. Various industries included in the report are BFSI, healthcare, telecom & IT, retail, public utilities and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Increasing demand of cloud-based security solutions as it allows organizations to meet cloud security compliance requirements for encryption, separation of duties, and access control of protected data.
Stringent government regulations related to security.
Restraints:

High initial cost of security testing solutions
Market Players:

The top players in the global security testing market include Cisco Systems, Inc., Hewlett Packard Enterprise, IBM Corporation, Qualys, Inc., WhiteHat Security, Applause App Quality, Inc., Veracode, Checkmarx, UL LLC, and Intertek Group PLC

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MARKET LANDSCAPE

By Type

Network security testing
Firewall testing
VPN testing
IDS/IPS testing
URL filtering/UTM testing
Application security testing

By type

Static Application Security Testing (SAST)
Dynamic Application Security Testing (DAST)

By services

Web application security testing
Mobile application security testing
Cloud application security testing
Device security testing

By Tool

Penetration testing tools
Web testing tools
Automated testing tools
Code review tools

By Deployment Model

Cloud
On-premises

By Organization Size

Small and Medium Enterprises (SMEs)
Large enterprises

By Industry Vertical

Government and public utilities
BFSI
IT and telecom
Healthcare
Retail
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA