Dynamic Application Security Testing Market will witness a substantial growth by 2024 - PowerPoint PPT Presentation

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Dynamic Application Security Testing Market will witness a substantial growth by 2024


Dynamic Application Security Testing Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024 – PowerPoint PPT presentation

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Title: Dynamic Application Security Testing Market will witness a substantial growth by 2024

Dynamic Application Security Testing Market will
witness a rapid growth to 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Regional Analysis of Dynamic Application Security
Testing Market
  • The Asia Pacific DAST market is projected to show
    the unprecedented growth during the forecast
    timeline due to the rapid development in the IT
    infrastructure and digitalization initiatives in
    the region. Despite the increasing application
    related issues, the security solution providers
    across the region continue to cope up with the
    challenges and increasing data vulnerabilities.
    For instance, in December 2017, SecureMetric and
    Promon teamed up to help companies in Southeast
    Asia to maximize the data protection and reduce
    the data breaches by protecting the applications
    on mobile devices. Moreover, with the explosion
    of software applications, there is an increasing
    need to have effective processes for security and
    quality assurance within the application
    development lifecycle.
  • North America is estimated to dominate the DAST
    market due to increasing incidences of breaches
    among private companies and government networks.
    To address these challenges, public and private
    companies are collaborating with the security
    solution vendors to reduce their risks. For
    instance, in June 2017, Cisco and IBM teamed up
    to tackle growing cyber threats. Cisco integrated
    its security solutions with IBMs QRadar,
    enterprise security solution to protect
    organizations across networks, endpoints, and

  • Application Analysis of Dynamic Application
    Security Testing Market
  • DAST solutions have been widely used in a variety
    of applications including web-based and mobile
    application security testing. Web-based
    application security testing is leading the
    application landscape due to the high adoption of
    DAST solutions to protect the digital assets of
    the organization from the malicious activities
    and vulnerabilities. Security administrators and
    web developers perform web application testing to
    identify and mitigate vulnerabilities that can
    affect their existing networks.
  • Various security threats in the form of
    manipulation of applications for unauthorized
    access, modification, breach, and exposing
    sensitive data accelerate the demand for DAST
    solutions. Furthermore, organizations are
    constantly focusing on the application security
    testing to discover attacks and internal
    weaknesses to provide safe and reliable operating
    environment that supports business objectives.
    However, the budgetary constraints and lack of
    skilled individuals to perform DAST are the major
    constraints in the growth of the market.

Competitive Market Share of Dynamic Application
Security Testing Market
  • The key vendors of the DAST market include IBM,
    Accenture, Micro Focus, Veracode, Synopsys,
    Pradeo, Rapid7, Tieto, Trustwave, and WhiteHat
    Security. These players are entering into
    strategic partnerships to expand their product
    portfolio and gain market share. For instance, in
    February 2017, IBM and HCL collaborated to drive
    growth and innovation in applications security
  • Similarly, in April 2018, RiskSense partnered
    with WhiteHat Security for app security risk
    management. The partnership enabled organizations
    to automate business impact assessment of web
    vulnerabilities, scoring, and management.


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