The global market for runtime application self-protection is witnessing a tremendous surge in its size, thanks to the advent of cloud computing and the rising trend of virtualization. Apart from this, the augmenting requirement to secure critical applications and data in enterprises is also supporting the growth of this market substantially.
Albany, NY -- (SBWIRE) -- 03/16/2018 -- Global Runtime Application Self-Protection Market: Overview
The market overview section of the report showcases the market dynamics and trends which includes drivers, restraints, opportunities that influence the current nature and future status of this market. It also provides an overview about the key market indicators given across the five geographical regions. Under the porter's five forces analysis section, a brief analysis of the level of competition within the RASP industry is given and business strategy is provided in order to determine the competitive attractiveness and intensity of the RASP market. The report also includes key industry developments covering significant advances made by leading market players over the period of time.
The report provides analysis of the RASP market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. Data for 2015 has been included as historical information. The report covers all the major trends and technologies playing a major role in the RASP market growth over the forecast period. It highlights the drivers, restraints and opportunities expected to influence the market growth during this period.
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In 2016, the market presented an opportunity worth US$0.25 bn. It is expected to rise exponentially at a CAGR of 32.40% over the period from 2017 to 2025 and reach US$3.13 bn by the end of 2025. The rising implementation of stringent regulatory policies pertaining to the protection of sensitive information is likely to boost the market considerably in the years to come.
Global Runtime Application Self-Protection Market: Research Methodology
The RASP market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company's capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in the market.
The study provides a holistic perspective on the market's growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes - the U.S, Canada, Germany, France, the U.K., India, China, Japan, GCC, South Africa and Brazil.
Global Runtime Application Self-Protection Market: Competitive Landscape
The report provides competitive landscape of the RASP market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players for the year 2016. Arxan Technologies, Inc., Veracode, Contrast Security, Inc., Micro Focus International plc, Signal Sciences, VASCO Data Security International, Inc., Pradeo, IMMUNIO, Prevoty Inc., and Waratek are few of the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, and other such strategic information pertaining to these players has been duly provided as part of company profiling.
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On the basis of component, the market has been divided into solution and services. Furthermore, the solutions segment is divided into web applications, mobile applications and others. The services sub segment is further divided into professional services and managed services. In terms of market share, in 2016, solutions was the highest revenue generating segment and services segment is expected to witness highest CAGR growth over the forecast period from 2017 to 2025. On the basis of deployment the global RASP market is sub segmented into on-premise and cloud. On-premise segment is expected to hold highest market share over the forecast period. By industry vertical the global RASP market is divided in to BFSI, IT and telecommunications, government and defense, energy and utilities, manufacturing, healthcare, retail and others.
The global runtime application self-protection market is segmented as below.
By Industry Vertical
IT and Telecommunications
Government and Defense
Energy and Utilities
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East and Africa (MEA)
Rest of Middle East and Africa
Rest of South America
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