Global Application Security Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

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 Size And Drivers:

The global application security market is expected to grow from $6.27 billion in 2020 to $7.67 billion in 2021 at a compound annual growth rate (CAGR) of 18.24%. The market is expected to reach $17.74 billion in 2025 at a CAGR of 23.31%. Increased security breaches at the business application level contributed to the growth of the application security market.

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Trends In The Global Application Security Market

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

Global Application Security Market Segments:
The global application security market is further segmented based on solution, testing type, end user and geography.
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 global application security market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global application security market.

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Application Security Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides application security market overviews, analyzes and forecasts market size and growth for the global application security market, application security market share, application security market players, application security market segments and geographies, application security market’s leading competitors’ revenues, profiles and market shares. The application security market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.