Learn about the global application security market through The Business Research Company, which provides information on application security market size, application security market drivers and restraints, application security market players, the COVID-19 impact on the application security market, and more.

The global application security market size is expected to grow from $7.67 billion in 2021 to $9.39 billion in 2022 at a compound annual growth rate (CAGR) of 22.4%. The change in the application security market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $21.90 billion in 2026 at a CAGR of 22.2%.

Increased security breaches at the business application level contributed to the growth of the application security market.

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The application security market consists of sales of application security products and related services. Application security is a method of making applications more secure by fixing, finding, and enhancing the security of the application. It also includes tools and methods to protect applications once application security is deployed. Only goods and services traded between entities or sold to end consumers are included.

Global Application Security Market Segments Include:

By Solution: Web Application Security, Mobile Application Security

By Testing Type: Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing

By End-User: BFSI, IT and Telecommunication, Government and Defense, Healthcare, Retail, Education, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the application security market in 2021.

Artificial intelligence (AI) and machine learning (ML) are increasingly being used to prevent attacks in the web or mobile-based applications. AI can be used to automating threat detection and respond more effectively than a traditional software-driven approach. AI-based cybersecurity will train itself continuously and independently gather the data across the enterprise information systems through that data it analyses and performs correlation of patterns across billions of signals relevant to the cyberattacks and solve the issue.

TBRC’s application security market report covers:

Major Market Players: IBM Corporation, Synopsys, Checkmarx, Veracode, MicroFocus, WhiteHat Security, Rapid7, Contrast Security, Qualys, Trustwave, Acunetix, HCL Software, Cisco Systems, Capgemini, Onapsis, Gitlab, CAST software, VMware, OneSpan, Imperva, F5 Inc, NowSecure, Pradeo, Lookout, Data Therorem, Zimperium, Kryptowire, Appthority, NSFocus, N-Stalker and Pradeo.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Application Security Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides application security market overviews, analyzes and forecasts market size, share, application security market players, application security market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s application security market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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