Dynamic application security testing technology is used to detect vulnerabilities in security in applications. Various benefits of application security includes spot configuration mistakes & errors and identification of other specific problems with applications. These benefits are expected to be factors aiding in growth of the market over the forecast years.

Increasing Degree of Business Risks is expected to Drive Growth of the Dynamic Application Security Testing Market

Enterprises are increasingly adopting third-party applications & cloud computing, to ease business operations, which is expected to further aid in growth of the market. Also, in order to reduce risk of cyber-attacks, companies are adopting dynamic application security testing solutions. High deployment costs is expected to negatively impact growth of the dynamic application security testing market. Dynamic application security testing services offer wide range of applications including monitoring, execution of the process, planning the application security, and others.

Dynamic application security testing have two application including, mobile application security and web application security. Mobile application security is used for Mobile Threat Protection from external threats such as hacking and others. Third-party applications are highly susceptible to cyber-attacks. Web application security aids in improving security of web applications from external and internal threats, with the help of security testing methods such as cross-site scripting (XSS), ethical hacking, and SQL Injection. This is expected to significantly aid in growth of the dynamic application security testing market. 

Dynamic Application Security Testing Market Taxonomy:

The dynamic application security testing market is segmented on the basis of:

By Offering Type:

  • Service
  • Solution

By Application:

  • Mobile Application Security
  • Web Application Security

By End-use Industry:

  • Retail
  • Healthcare
  • Manufacturing
  • IT & Telecom
  • Government & Defense
  • Banking Financial Services and Insurance

Banking, Financial Services and Insurance (BFSI) segment is expected to hold the largest share in the market, over the forecast period. This is owing to implementation of digital technologies such as artificial intelligence and Blockchain for enhancing safety and security, in turn improving consumer experience. Enterprises in the BFSI industry are more focused on improving security from cyber-attacks on their digital platforms and this is expected to boost growth of the dynamic application security testing market.  

By Organization Size:

  • Large Enterprises
  • small & medium enterprises

Small and medium-sized enterprises (SMEs) is the fastest growing segment in the market, due to high rate adoption of dynamic application security testing solutions to enhance productivity and desired results.  As per data published by Small Business Trends­­-an online publication for small enterprises43% of cyber-attacks are targeted towards small businesses. This has mandated small businesses to be prepared for security breaches, which has led them to adopt various security tools including dynamic application security testing.

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

Dynamic Application Security Testing Market Regional Insights:

North America is expected to be dominant region in the dynamic application security testing market and is expected to retain its dominance during the forecast period. This is owing to high adoption of security solutions by security testing service providers. The U.S. has the most advanced information technology services industry in the North America. According to the SelectUSA, an organisation led by the U.S government wide program, infrastructure are high priorities for businesses in the U.S. and increasing growth in the cloud computing and mobile applications. Asia Pacific is the fastest growing region in the dynamic application security testing market due to increasing adoption of mobile devices. According to International Data Corporation (IDC), Asia Pacific quarterly mobile phone tracker, smartphone around 48% to 16.3 million in 2012.

Dynamic Application Security Testing Market Competitive Background:

Major players in the dynamic application security testing market include WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc.


Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users