Web Application Firewall Global Market Report 2023 – By Component (Solutions, Services), By Deployment Model (On-Premise, Cloud), By Organization Size (Large Enterprises, Small and Medium Sized Enterprises), By Vertical or End User (Banking, Financial Services and Insurance, Retail, IT and Telecommunications, Government and Defense, Healthcare, Energy and Utilities, Education, Other Verticals) – Market Size, Trends, And Global Forecast 2023-2032

Application security refers to the process of creating, incorporating, and testing security measures into applications to guard against dangers including illegal access and modification. 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. The application security market covered in this report is segmented by solution into web application security, and mobile application security; by testing type into static application security testing, dynamic application security testing, and interactive application security testing; by end-user into BFSI, IT & telecommunication, government and defence, healthcare, retail, education, others. The global application security market is segmented - 1) By Solution: Web Application Security, Mobile Application Security 2) By Testing Type: Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing 3) By End-User: BFSI, IT And Telecommunication, Government And Defense, Healthcare, Retail, Education, Other End Users The global application security market size will grow from $9.41 billion in 2022 to $11.55 billion in 2023, at a compound annual growth rate (CAGR) of 22.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the application security is expected to grow to $27.49 billion in 2027 at a CAGR of 24.2%. Increased security breaches at the business application level contributed to the growth of the application security market. For instance, in March 2020, Keepnetlabs, a UK-based security firm, announced a data leak that exposed nearly 5 billion records. Application security enhances the security of the web and mobile-based applications that can mitigate some of the breaches through the application. Thus, the rising security breaches at the business application level drove the market for the application security. Major players in the application security market are IBM Corporation, Synopsys, Checkmarx, Veracode, MicroFocus, WhiteHat Security, Rapid7, Contrast Security, Qualys, and Trustwave. The lack of application security expertise is expected to limit the growth of the application security market over the forthcoming years. According to Burning Glass International Inc., an analytics software company, the demand for application development security and cloud security is a fast-growing skills area projected to grow 164%, and 115% respectively between 2020-2025. According to the ESG and Information Systems Security Association (ISSA) analysis published in August 2020, 70% of cybersecurity professionals claim that their organization is facing issues with the cybersecurity skill shortage. In the past four years, the percentage ranged from a low of 69% to a high of 74%. Therefore, the lack of application security expertise is projected to restrict the growth of the application security market. Artificial intelligence (AI) and machine learning (ML) are increasingly being used to prevent attacks on the web or mobile-based applications. AI can be used to automate 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. For instance, Fortinet, a California-based security solutions company provides solutions from network and web application security to threat protection for IT infrastructure. Fortinet’s AI-based product, FortiWeb, is a web application firewall that uses machine learning and two layers of statistical probabilities for detecting attacks and threats. In April 2020, Hellman & Friedman (H&F), a US-based software security solution provider for DevOps, acquired Checkmarx, a software security solutions company from Insight Partners for a deal amount of $1.15 billion. The acquisition is expected to drive the company’s growth and the cybersecurity threats continue to intensify, so embedding security early in the software development lifecycle is critical. Checkmarx is an Israel-based software security solution for modern enterprise software development and is engaged in providing static and interactive application security testing training development, software composition analysis, and application security. North America was the largest region in the application security market in 2022. The regions covered in the application security market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application security market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The application security market includes revenues earned by entities by scanning database security, analysing software composition, and testing interactive application security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The application security market research report is one of a series of new reports from The Business Research Company that provides application security market statistics, including application security industry global market size, regional shares, competitors with an application security market share, detailed application security market segments, market trends and opportunities, and any further data you may need to thrive in the application security industry. This application security market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Firewall as a service (FWaaS) is a firewall solution delivered as a cloud-based service that allows companies to simplify IT infrastructure. Firewall as a Service filters network traffic to safeguard organizations from both inside and outside threats. The main service types of firewalls as a service are traffic monitoring and control, compliance and audit management, reporting and log management, automation and orchestration, and security management. Traffic monitoring and control reports, alert, and provides vital information. Firewall services use this for web-traffic details, security attacks, VPN log-on and log-off trends, and firewall rule changes. The services are deployed in private and hybrid deployment by large enterprises, small and medium enterprises, and used for banking, financial services, and insurance, it and telecom, manufacturing, travel and hospitality, healthcare, energy and utilities, retail and consumer goods, and other verticals. The global firewall as a service market is segmented - 1) By Service Type: Traffic Monitoring and Control, Compliance and Audit Management, Reporting and Log Management, Automation and Orchestration, Security Management 2) By Deployment: Private, Hybrid 3) By Enterprise Size: Large Enterprise, Small and Medium Enterprises 4) By Vertical: Banking, Financial Services and Insurance, IT and Telecom, Manufacturing, Travel and Hospitality, Healthcare, Energy and Utilities, Retail and Consumer goods, Other Verticals The global firewall-as-a-service market size will grow from $2.32 billion in 2022 to $2.93 billion in 2023 at a compound annual growth rate (CAGR) of 26.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the firewall-as-a-service is expected to grow to $7.39 billion in 2027 at a CAGR of 26.0%. The increase in the number of fraud cases and cyber-attacks is expected to propel the growth of the firewall as a service market going forward. A cyberattack is a malicious and deliberate attempt by an individual or organization to breach the information system of another individual or organization. Cybercrime has increased every year as people try to benefit from vulnerable business systems. The visibility and traffic filtering that a firewall provides enable an organization to identify and block a large percentage of malicious traffic before it enters the network perimeter and can provide defense in depth. For instance, according to an article published by Forbes, a US-based business magazine, the average number of cyberattacks and data breaches worldwide increased by 15.1% in 2020. Furthermore, according to a statistical report published by Packetlabs, a Canadian-based penetration testing company, in 2021 cybercrime costs the world $6 trillion and by 2025 this figure would climb to $10.5 trillion. Therefore, an increase in the number of fraud cases and cyber-attacks will drive the firewall-as-a-service market. Major players in the firewall-as-a-service market are Barracuda Networks Inc., Cisco Syatems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc., Check Point Software Technologies Inc., Palo Alto Networks, WatchGuard, Microsoft Corporation, SonicWall, Sophos group PLC., and Zscaler. Advancements in cloud-based firewall services have emerged as a key trend gaining popularity in the firewall as a service market. A cloud firewall protects cloud infrastructure from attacks, just as a traditional firewall protects on-premise networks. Major companies operating in the firewall as a service market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, Palo Alto, a US-based cybersecurity company launches a cloud-native firewall service for AWS (Amazon Web Services). It would be a managed Next-Generation Firewall (NGFW) service designed to simplify securing AWS deployments, enabling organizations to speed their pace of innovation while remaining highly secured. In May 2021, Arayaka, a US-based wide-area software-defined network connectivity, and application delivery company acquired Secucloud GmbH for an undisclosed amount. With this acquisition, Arayaka would be able to deliver on the promise of a managed SASE (SECURE ACCESS SERVICE EDGE) offering, while providing customers and partners with greater choice for the type of solution they would position for different deployment of use-cases. Secucloud GmbH is a Germany-based company working on security technology and provides cloud-based firewall-as-a-service. North America was the largest region in the firewall as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the firewall-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the firewall-as-a-service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The firewall as a service (FWaaS) market consists of revenues earned by entities by providing FWaaS such as providing next-generation firewall (NGFW) capabilities like web filtering, advanced threat protection (ATP), intrusion prevention system (IPS), and Domain Name System (DNS) security. The market value includes the value of related goods sold by the service provider or included within the service offering. The FwaaS service market also includes stateful firewall features such as packet filtering, network monitoring, Internet Protocol security (IPsec), secure sockets layer virtual private network (SSL VPN) support, and Internet Protocol (IP) mapping features. FWaaS also has deeper content inspection capabilities that include the ability to identify malware attacks and other threats. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The firewalls as a service market research report are one of a series of new reports from The Business Research Company that provides firewalls as a service market statistic, including firewalls as a service industry global market size, regional shares, competitors with firewalls as a service market share, detailed firewalls as a service market segments, market trends, and opportunities, and any further data you may need to thrive in the firewalls as a service industry. This firewalls as a service market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Application testing services is a broad term that refers to all varieties of verification and validation services that support the quality assurance (QA) and quality control (QC) of clients' applications. Both validation and verification evaluate the technical and functional behaviour of the tested components. The main types of application testing services market testing types include functionality testing, usability testing, performance testing, compatibility testing, security testing, compliance testing, automation testing, and others. Functionality testing is used to check whether a system's functionality complies with its specific functional requirements. A type of software testing called functional testing checks the system's functionality against the software requirements. Small and medium-sized businesses, as well as large corporations, are represented, and a variety of service types, such as professional services and managed services, are provided. The different delivery modes include onshore, offshore, nearshore, and onsite. The various verticals include telecom and IT, BFSI, healthcare and life sciences, government and the public sector, media and entertainment, manufacturing, retail, and others. The global application testing services market is segmented - 1) By Testing Type: Functionality Testing, Usability Testing, Performance Testing, Compatibility Testing, Security Testing, Compliance Testing, Automation Testing, Other Testing Types 2) By Organization Size: Small and Medium Enterprises, Large Enterprises 3) By Service Type: Professional Services, Managed Services 4) By Delivery Model: Onshore, Offshore, Nearshore, Onsite 5) By Vertical: Telecom and IT, BFSI, Healthcare and Life Sciences, Government and Public Sector, Media and Entertainment, Manufacturing, Retail, Energy and Utilities, Logistics and Transportation, Other Verticals The global application testing services market size will grow from $38.17 billion in 2022 to $42.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the application testing services is expected to grow to $66.59 billion in 2027 at a CAGR of 11.6%. Digital transformations of businesses are expected to propel the growth of the application testing services market going forward. "Digital transformation" refers to the integration of digital technology across all functional areas of a company that helps to improve efficiency, value, and innovations in the organization. Digital transformations help reduce manual efforts in application testing by providing faster feedback and minimising the time to release the products and services into the market. For instance, according to International Business Machines Corporation, a US-based technology company, in the year 2020, the COVID-19 pandemic will have accelerated digital transformation by 59%. Also, 64% more companies have shifted to cloud-based activities, and 60% of executives expect to employ AI-based customer engagement tools to achieve their goals. Therefore, an increase in the adoption of digital transformations in businesses is driving the application testing services market growth. Major players in the application testing services market are Accenture, Capgemini, Cognizant, DXC Technology Company, International Business Machines Corporation, Infosys Limited, Qualitest, Software Quality Systems S.A., Tata Consultancy Services, Wipro Limited, Deloitte Touche Tohmatsu Limited, Tech Mahindra, Amazon Web Services Inc., Cigniti Technologies Limited, and Xoriant Corporation. Strategic partnerships are a key trend gaining popularity in the application testing services market. Many companies operating in the application testing services market are undergoing partnerships to strengthen their position in the market. For instance, in February 2020, Applause, a US-based testing and digital quality company, partnered with Infosys Limited, an India-based information technology company. This partnership aims to launch digital testing services for clients and provide broader end-to-end digital experience testing services to clients. The partnership combines Applause's white-glove crowd testing approach with Infosys' behind-the-firewall validation to achieve real outcomes for clients in three emphasis areas: improving customer intimacy, accelerating development, and providing high-quality digital experiences. Furthermore, in May 2022, BT Group plc, a UK-based telecommunications company, partnered with MTN Group Limited, a South African-based telecommunications company. The partnership would provide managed connectivity, cloud security, and voice services to MTN Business clients, which is a significant new overseas endeavour for BT. Despite being marketed as an MTN corporate initiative, it appears the South African division is in charge. In October 2021, Qualitest, a UK-based provider of overall software testing solutions, acquired Telexiom GmbH for a deal amount of USD 41.73 billion. The deal is expected to expand Qualitest's capabilities in digital engineering and cyber security and broaden Qualitest's geographic reach into the DACH market. Telexiom GmbH is a Germany-based company that provides managed software testing services. Asia-Pacific was the largest region in the application testing services market in 2022. North America was the second-largest region of the application testing services market. The regions covered in the application testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application testing services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The application testing services market includes revenues earned by entities through localization testing, mobile application testing, and crowdsourced testing that are used to provide end-to-end application testing services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organisations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The application testing services market research report is one of a series of new reports from The Business Research Company that provides application testing services market statistics, including application testing services industry global market size, regional shares, competitors with an application testing services market share, detailed application testing services market segments, market trends and opportunities, and any further data you may need to thrive in the application testing services industry. This application testing services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Security as a service refers to a business model in which a service provider provides or integrates security solutions into the company’s infrastructure on a subscription basis. With the utilization of security as a service model, companies benefit from the expertise of a dedicated security team specialized in preventing breaches in cloud computing environments. The main types of security as a service include solutions and services. The solution refers to security solutions offered through the cloud or private network as a service model, which includes business continuity and disaster recovery, encryption, data loss prevention, identity and access management, intrusion management, security information and event management, vulnerability scanning, and others. The main applications of security as a service include network security, endpoint security, application security, and cloud security. They are used in both SME’s and large enterprises ranging from BFSI, telecom and IT, healthcare, retail, manufacturing, and government. The global security as a service market is segmented - 1) By Component: Solution, Service 2) By Application: Network Security, Endpoint Security, Application Security, Cloud Security, Other Applications 3) By Organization Size: SMEs, Large Enterprises 4) By End User: BFSI, Telecom & IT, Healthcare, Retail, Manufacturing, Government, Other End Users The global security as a service market size will grow from $13.59 billion in 2022 to $15.37 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the security as a service is expected to grow to $25.65 billion in 2027 at a CAGR of 13.7%. The increase in adoption of cloud-based services has driven the security as a services market. Cloud-based services are services offered over the Internet or dedicated network with delivery on demand. Due to the COVID-19 pandemic and lockdowns, small and medium-scale Enterprises are increasingly focusing on streamlining their business models by adopting cloud services, which are highly prone to cyber-attackers. Thus, companies are increasingly investing in cloud-based security services to tackle cyber-attacks and protect sensitive and confidential information. According to the report of Ziff Davis, a New York-based digital media and internet company, approximately 40% of the global workforce adopted cloud-based services in 2020 and is expected to reach 80% by 2025, exceeding 100 Zettabytes of data in cloud data centres. Furthermore, according to the Findstack report, 92% of an organization’s IT environment is likely to be in the cloud by 2022. Hence, the rising adoption of cloud-based services is expected to boost security as a service market during the forecast period. Major players in the security as a service market are Trend Micro Incorporated, IBM Corporation, Microsoft Corporation, Zscaler Inc., Cisco Systems Inc., Fortinet, Norton LifeLock, Mindsight, Sentinel Technologies, Happiest Minds, Okta, Proofpoint, Stratejm, HackerOne, Forcepoint, Sophos, Clearswift, Alert Logic, Cygilant, Barracuda Networks, and Barracuda Networks. Strategic partnership and collaboration is an emerging trend gaining popularity in security as a services market. The companies operating in the security as a service sector are entering into collaboration and partnership for the smooth development of the technologically-advanced solutions and to deliver the most trusted and innovative solutions to public sector organizations and companies across the globe. For instance, in May 2020, McAfee Corp., an American global computer security software company announced a collaboration with Atlassian Corporation PLC. to bring advanced data security and threat protection to enable the customers who accelerate their move to the cloud. Furthermore, in July 2020, Thales Group announced a collaboration with Google Cloud to co-develop a sovereign hyper-scale cloud offering for France. In February 2022, Inspira Enterprise India Limited (Inspira), an India-based company engaged in providing cyber-security services, acquired Al Gebra Security & Solutions Pvt Ltd., an India-based provider of private identity access and cloud security management solutions for an undisclosed amount. With this acquisition, Inspira will help its customers to create and maintain a more safe and robust security architecture and meet legal obligations, reduce data breaches, and manage user identities to the maximum possible extent. North America was the largest region in the security as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the security as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The security as a service market includes revenues earned by entities by providing services such as threat intelligence and response, cybersecurity expertise, and constant monitoring for threats. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The security as a service market research report is one of a series of new reports from The Business Research Company that provides security as a service market statistic, including security as a service industry global market size, regional shares, competitors with a security as a service market share, detailed security as a service market segments, market trends and opportunities, and any further data you may need to thrive in the security as a service industry. This security as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The malware analysis refers to a process that analyze suspicious files' behavior and their purposes using tools and techniques. The goal of malware analysis is to identify and mitigate any potential hazard. This realistic method allows analysts to use malware analysis tools to comprehend the malware's functions, goals, and potential consequences. They examine and assess individual malware samples, usually in a confined setting known as a sandbox. The main types components in malware analysis are solution and service. The solution malware refers to a rapid and accurate technique that lowers the total cost of malware processing while enhancing the accuracy of malware detection. It entails the most cutting-edge technologies for assisting enterprises in detecting undiscovered cyber threats. The various deployment models include on-premises and cloud-based that are used by large enterprises, and small and medium enterprises. It is employed in various industries including aerospace and defense, BFSI, public sector, retail, healthcare, IT and telecom, energy and utilities, manufacturing, and others. The global malware analysis market is segmented - 1) By Component: Solution, Service 2) By Deployment Model: On-Premises, Cloud-Based 3) By Organization Size: Large Enterprises, Small Medium Enterprise 4) By Industry Vertical: Aerospace And Defense, BFSI, Public Sector, Retail, Healthcare, IT And Telecom, Energy And Utilities, Manufacturing, Other Industries The global malware analysis market size will grow from $7.6 billion in 2022 to $9.84 billion in 2023, at a compound annual growth rate (CAGR) of 29.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the malware analysis is expected to grow to $26.79 billion in 2027 at a CAGR of 28.4%. The rise in the instances of cyberattacks is expected to propel the growth of the malware analysis market going forward. A cyber-attack is a cybercriminal attack that uses one or more computers to target numerous computers or networks. One of the most important aspects of cybersecurity is malware analysis. Security analysts are frequently tasked with determining if a suspicious file is legitimate or malicious. Responders benefit from it as it helps them eliminate false positives and determine the scope of a malware incident. Malware analysis provides actionable information during an incident by identifying and classifying the malware. For instance, according to Positive Technologies, a South Korea-based cybersecurity company, the number of cyberattacks climbed by 17% in Q1 2021 compared to Q1 2020 and by 1.2% compared to Q4 2020, with 77% being targeted attacks. Therefore, the rise in the instances of cyberattacks is driving the malware analysis market growth. Major players in the malware analysis market are FireEye, Cisco Systems Inc., Palo Alto Networks Inc., Sophos Group plc, Kaspersky Lab, Fortinet, Check Point Software Technologies, Qualys Inc., CrowdStrike Holdings Inc., AT&T Inc., Broadcom Inc., McAfee Corp., Juniper Networks Inc., VIPRE Security Group, Forcepoint, and Fidelis Cybersecurity. Strategic collaborations between companies have emerged as a key trend gaining popularity in the malware analysis market. Companies providing malware analysis are undergoing partnerships and collaboration to develop new technologies and products. For instance, in September 2020, a German-based company that provides automated malware analysis and detection solutions and Sababa Security an Italian vendor with an innovative approach to cyber security signed a strategic partnership. As per the deal, Sababa Security will be able to incorporate VMRay's products into its security portfolio and distribute industry-leading malware detection and analysis to construct unique end-to-end solutions that help its clients respond faster to emerging and elusive malware threats. Similarly, in September 2020, OPSWAT, a US-based company that provides on-premises malware analysis, and Webroot, a US-based privately held cybersecurity software company, entered into a partnership. As part of the deal, OPSWAT's multi-scanning technology now includes a streaming malware detection solution developed by Webroot, which is available both in the cloud and on-premises. The service can detect malware before it infiltrates a network using advanced malware detection of polymorphic malware and zero-day exploits, allowing users to block files or routes for further examination. In October 2022, Opswat, a US-based critical infrastructure protection (CIP) cybersecurity solutions provider, acquired FileScan.IO for an undisclosed amount. Through this acquisition, Opswat aims to strengthen its product portfolio in cyber security solutions. FileScan.IO is a Germany-based malware analysis company. North America was the largest region in the malware analysis market in 2022. The regions covered in the malware analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the malware analysis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The malware analysis market includes revenues earned by entities by wildfire malware analysis, sandboxing solutions, network traffic analyzers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The malware analysis market research report is one of a series of new reports from The Business Research Company that provides malware analysis market statistics, including malware analysis industry global market size, regional shares, competitors with a malware analysis market share, detailed malware analysis market segments, market trends and opportunities, and any further data you may need to thrive in the malware analysis industry. This malware analysis market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The application development software refer to the process of designing, developing, and implementing software applications for various industrial uses. The application development can be done by a large team or a single programmer as well and describes the process of how the application is made, and generally follows a standard methodology. The main types of application development software are low code and no code. Low code development is an approach to software development to optimize the development process and speed up the delivery of the software, thus helping the enterprises to automate every step of the application of the product lifecycle. The various deployment types of application development software are on-cloud and on premise. Application development software is mainly used by organizations such as small and medium enterprises and large enterprises. The various applications of application development software are media and entertainment, telecom and IT, BFSI, and healthcare. The global application development software market is segmented - 1) By Type: Low Code, No Code 2) By Organization Size: SMEs, Large Enterprises 3) By Deployment: Cloud, On Premise 4) By Application: Media and Entertainment, Telecom and IT, BFSI, Healthcare The global application development software market size will grow from $260.79 billion in 2022 to $334.86 billion in 2023 at a compound annual growth rate (CAGR) of 28.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the application development software is expected to grow to $915.96 billion in 2027 at a CAGR of 28.6%. The increasing demand for customized apps is expected to propel the growth of the application development software market. Customized apps offer features such as being friendly to hybrid environments, serving niche and complex needs, easy integration with platforms, and better performance. According to a survey conducted by SmarterHQ, a US-based provider of a customer intelligence-driven marketing automation platform, on Data Privacy and Consumer Trust, 72% of consumers say that they only engage with personalized messaging and 80% of frequent shoppers only shop with brands that personalize the online experience. Therefore, increasing demand for customized apps is expected to drive the application development software market growth. Major players in the application development software are Alphabet Inc., AppSheet, Axure RP, Azure, CA Techology, Compuware Corporation, Datadog Cloud Monitoring, Fujitsu Ltd., GitHub, Google Cloud Platform, HCL Technologies, HP, IBM Corporation, Joget Workflow, Microsoft Corporation, Oracle Corporation, Salesforce, SAP HANA Cloud Platform, ServiceNow Inc., Snappii Custom Mobile Apps, Wipro Limited, and Zoho Corporation. The low code app development platform is a key trend gaining popularity in the application development software market. Low code development is an approach of software development to optimize the development process and speed up the delivery of the software, thus helping the enterprises to automate every step of the application of the product lifecycle. For instance, in June 2021, Salesforce, a US-based software company, released a powerful set of low-code development tools that allow everyone within an organization, to create and ship apps on a single platform. The platform includes interactive app development and automation, along with the new elastic computing, identity management, AI-driven data protection, and DevOps capabilities to help teams drive business outcomes faster. In January 2021, Cognizant, a US-based information technology services and consulting company, acquired Magenic Technologies for an undisclosed amount. The acquisition is expected to enable Cognizant to enhance its capabilities in software development and cloud modernization along with Cognizant's software product engineering footprint. Magenic Technologies is a US-based custom software development services company. North America was the largest region in the application development software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application development software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application development software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The application development software market includes revenues earned by entities by providing software tools for more efficient app-building and user interface (UI) design process by offering low-coding approaches and user-friendly app-building systems for front and back-end development including security, data storage, and monitoring layers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The application development software market research report is one of a series of new reports from The Business Research Company that provides application development software market statistics, including application development software industry global market size, regional shares, competitors with an application development software market share, detailed application development software market segments, market trends and opportunities, and any further data you may need to thrive in the application development software industry. This application development software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Application lifecycle management refers to an integrated system of tools, processes, and people that supervise a software application from its initial planning and development stage. This aids businesses in establishing and meeting project criteria. Application lifecycle management is used to provide a framework for software development and help manage the software. The main types of solutions in application lifecycle management are software and services. Application lifecycle management (ALM) provides a framework for software creation as well as ongoing software administration. This is deployed either on the cloud or on-premise into various organization sizes, such as small and medium-sized enterprises (SMEs), and large enterprises. It is employed in several industry verticals, such as banking, financial services, and insurance (BFSI), telecom and IT, media and entertainment, retail and eCommerce, healthcare, manufacturing, energy and utilities, and others. The global application lifecycle management market is segmented - 1) By Solution: Software, Services 2) By Deployment: On-Premises, Cloud 3) By Organisation Size: Small and Medium-Sized Enterprises (SMEs), Large Snterprises 4) By Industry Vertical: Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Media and Entertainment, Retail and eCommerce, Healthcare, Manufacturing, Energy and Utilities, Other Industry Verticals The global application lifecycle management market size will grow from $4.34 billion in 2022 to $4.69 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the application lifecycle management is expected to grow to $6.27 billion in 2027 at a CAGR of 7.5%. The rapid adoption of mobile devices is expected to propel the growth of the application lifecycle management market going forward. A mobile device refers to a small, hand-held device that has a display screen with touch input and provides users with telephony capabilities. Application lifecycle management helps in ease of use for mobile applications and also helps in mobile testing and quality management. For instance, according to the Economic Times, an India-based daily newspaper, as of October 2021, there were 1.18 billion mobile connections, 700 million Internet users, and 600 million smartphones in use in India. In addition, India has the greatest monthly data use, at almost 12 GB per person. Therefore, the rapid adoption of mobile devices is driving the application lifecycle management market growth. Major players in the application lifecycle management market are Atlassian Corporation PLC., International Business Machines Corporation, Microsoft Corporation, Micro Focus, CollabNet, Digite, Inflectra, Perforce, Siemens, CA Technologies Inc., Hewlett-Packard Development Company L.P., Rocket Software Inc., Changepoint Corporation, and VersionOne Inc. New product innovations have emerged as the key trend gaining popularity in the application lifecycle management market. Major companies operating in the market are introducing new innovative products to sustain their position in the market. For instance, in January 2020, Inflectra, a US-based company that develops application lifecycle management software, launched the latest version of the application lifecycle management SpiraTeam platform, the SpiraTest system. The new version of SpiraPlan v6.3 provides several key enhancements, such as saved views, shareable folders, new document upload controls, and major usability and performance enhancements. In April 2022, PTC, a US-based company that develops application lifecycle management software, acquired Intland for a deal amount of $280 million. This acquisition helps PTC in developing a new application lifecycle management portfolio and increases its footprint. Also, it would help PTC in developing cloud-ready software products. Intland is a Germany-based company that develops application lifecycle management software tools and solutions. North America was the largest region in the application lifecycle management market in 2022. The regions covered in the application lifecycle management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application lifecycle management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The application lifecycle management market includes revenues earned by entities by providing services such as defining requirements, development of the product, testing and quality assurance, deployment, continuous maintenance and improvement of the product. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The application lifecycle management market research report is one of a series of new reports from The Business Research Company that provides application lifecycle management market statistics, including application lifecycle management industry global market size, regional shares, competitors with an application lifecycle management market share, detailed application lifecycle management market segments, market trends and opportunities, and any further data you may need to thrive in the application lifecycle management industry. This application lifecycle management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Application management services refer to the services of enterprise application management provided by various organizations to companies that need to outsource their enterprise application management processes. The application management services are used to provide ongoing support for the apps to an external provider that specialises in maintenance and monitoring. The types of services in application management services are application portfolio assessment, application security, application modernization, web and mobile, cloud application migration, and other service types. The application portfolio assessment refers to the service that scans and evaluates applications by using analytics on them. The deployment types include on-premise and cloud. The organizations include small and medium-sized enterprises and large enterprises. The various industry verticals include telecom & IT, BFSI, healthcare, retail & eCommerce, government & defense, manufacturing, and other industry verticals. The global application management services market is segmented - 1) By Services Type: Application Portfolio Assessment, Application Security, Application Modernization, Web and Mobile, Cloud Application Migration, Other Service Type 2) By Deployment Type: On Premise, Cloud 3) By Organization Size: Small and Medium Enterprises, Large Enterprises 4) By Industry Vertical: Telecom and Information Technology (IT), Banking, Financial Services and Insurance (BFSI), Healthcare, Retail and eCommerce, Government and Defense, Manufacturing, Other Industry Vertical The global application management services market size will grow from $27.72 billion in 2022 to $32.83 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the application management services is expected to grow to $63.93 billion in 2027 at a CAGR of 18.1%. The high demand for mobile apps is expected to propel the growth of the application management services market. Mobile apps refer to the kind of software intended for use on a mobile device, like a tablet or smartphone. Application management services help mobile apps provide and control access to internally developed and commercially available mobile apps used in business settings. For instance, in October 2020, according to the data published by Sensor Tower, a US-based technology, information, and internet company engaged in mobile analytics and mobile data, in the third quarter of 2020, on Apple's App Store, consumer spending on in-app purchases, subscriptions, and premium apps increased by 31% to reach $19 billion, from $14.5 billion as compared to the previous year 2019. However, the number of app installations increased by 23.3% in 2020, from 29.6 billion in 2019.Therefore, the high demand for mobile apps is driving the application management services market growth. Major players in the application management services market are Accenture plc, Fujitsu Limited, IBM Corporation, DXC Technology, HCL Technologies, Wipro Limited, Atos, Capgemini SE, Cognizant, Tech Mahindra, Dell, Infosys Limited, Oracle Corporation, SAP SE, Deloitte Touche Tohmatsu Limited, Amazon Web Services, Google LLC, Larsen & Toubro Infotech Limited, Micro Focus International plc, Optimum Solutions, and Neoris. Strategic partnerships and collaborations are a key trend gaining popularity in the application management services market. The major players in the application management services sector are focused on partnerships and collaborations to sustain their market position. For instance, in May 2021, CapTech Consulting, a US-based IT services and consulting company, partnered with Workday, a software development company, for Workday Application Management Services. This partnership enables advanced technology integration along with data insight and change management. With Workday Financial Management and Workday Human Capital Management, Workday AMS enables Captech to offer continuing functional, technical, and administrative assistance to clients in production (HCM). In November 2020, IBM, a US-based technology corporation, acquired Instana for an undisclosed amount. With the acquisition of Instana, IBM can deliver the most advanced AI-powered automation capabilities available to handle the complexity of modern applications running across multiple hybrid cloud environments. Also, as a result of quick automatic feedback on their CI/CD pipeline, DevOps teams may significantly speed up deployment while also improving quality and reliability. Instana is a US-based company that offers application observability and monitoring solutions. North America was the largest region in the application management services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application management services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the application management services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The application management services market consists of revenues earned by entities by providing custom management systems, software, and business intelligence. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The application management services market research report is one of a series of new reports from The Business Research Company that provides application management services market statistics, including application management services industry global market size, regional shares, competitors with an application management services market share, detailed application management services market segments, market trends and opportunities, and any further data you may need to thrive in the application management services industry. This application management services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.