Title: MRFR123
1Penetration Testing Market Research Report By
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Penetration Testing Market
Penetration Testing Market
Penetration test, also referred to as pen test,
is a virtual cyber-attack launched against the
computer system to check for probable flaws
existing within the system. When integrated with
web application security, penetration testing
helps in augmenting the web application firewall
(WAF). The global penetration testing market is
anticipated to generate revenue of approximately
USD 2.8 billion by 2023. The market is estimated
to develop at 26 CAGR during the forecast period
2017-2023. Pen testing can deal with attempted
breaching of several application systems, for
instance frontend/backend servers and application
protocol interfaces (APIs), to expose risks that
are prone to code injection attacks.
3Penetration Testing Market
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
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content TOC market synopsis on Internet of
Penetration Testing Market Forecast To 2023
The outcomes obtained from penetration test can
find application in fine tuning the WAF security
policies coupled with patch detected
vulnerabilities. Penetration Testing Market is
best carried out by contractors hired from
external agencies who are typically known as
ethical hackers. They are hired to test the
flaws and loopholes present in a system which
they are not familiar with. The ethical hackers
are provided with the access to the system and
are permitted to enter it for the time being to
detect the pitfalls, if any.
4Penetration Testing Market
Regional Analysis
As per the research reports published by Market
Research Future, the penetration testing market
is geographically segmented into four key markets
namely Europe, Asia Pacific, North America, and
the Rest of the World. North America is likely to
dominate the global penetration testing market
owing to presence of large number of industries
and IT giants in the region. Canada and the
United States are ruling the North America
market. The IT giants present in the North
America market are extremely sensitive about
safeguarding the data they deal in and protecting
the credentials of their client. Asia Pacific is
estimated to hold a substantial share of the
penetration testing market. It is regarded as one
of the rapidly developing markets for penetration
testing, during the forecast period. Increasing
instances of urbanization and industrialization
in the emerging economies of China and India are
considered as significant factors for driving
growth of the penetration testing market.
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5Penetration Testing Market
Application Major Players in this Research
- Penetration Testing Market Prominent Players
- Core Security SDI Corporation (U.S.)
- Redteam Security Consulting (U.S.)
- Context Information Security (U.S.)
- Rapid7, Inc. (U.S.)
- Qualys, Inc. (U.S.)
- Veracode (U.S.)
- Trustwave Holdings, Inc. (U.S.)
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6Penetration Testing Market
Penetration Testing Market Segmented on the
basis of
Segment The penetration testing market is
segmented based on component, type, end-user,
organization size, and deployment. Based on
component, the penetration testing market is
sub-segmented as testing solutions and services
solutions. The services solutions segment is
sub-segmented into managed services and
professional services. The professional
services segment is sub-segmented into
implementing services, consulting services,
training services, and integrating services. The
testing solutions are segmented as web
application penetration testing, wireless
penetration testing, network penetration testing,
social engineering, mobile application
penetration testing, and others.
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