NEW YORK, Nov. 30, 2016 /PRNewswire/ -- The introduction of wide range of applications and an unprecedented growth in cyber threats have led to need for security testing services. The major drivers that are driving the security testing market are the need for protecting vital assets such as web & mobile applications, data such as government mandates and regulatory compliances. The security testing market has unprecedented demand due to rapid growth in the need for security of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends. Increased deployment of web & cloud-based business applications has further propelled the market growth.
The security testing market is broadly classified into application services, application types, tools, deployment models, industry verticals and network services. Application services include enterprise/desktop application, mobile application, web application and cloud application. Application types are bifurcated into SAST (Static Application Security Testing) and DAST (Dynamic Application Security Testing). The tools segment is categorized as automated testing tools, code review tools, penetration testing tools and web testing tools. Based on deployment models, the market is bifurcated into on-premise deployment and cloud deployment.
Some of the industry verticals that deploy security systems would be retail, healthcare & life sciences, BFSI, IT & Telecom, and Government & Public utilities. Network services include Intrusion Detection System and Intrusion Prevention system (IDS/IPS) testing, Virtual Private Network (VPN) testing, firewall testing, and Universal Resource Locator (URL) / Unified Threat Management (UTM) testing.
Based on Country, Europe Security Testing market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Security Testing market in 2015. Italy would witness highest CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Security Testing market. Key companies profiled in the report include IBM Corporation, HP Enterprise Company, FireEye, Inc., Logrhythm, Inc., Alien Vault, Inc., Arbor Networks, Inc. and Blue Coat Systems, Inc.
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