NORTH AMERICA APPLICATION SECURITY MARKET FORECAST 2021-2028

The North America application security market is expected to register a CAGR of 11.23%, over the forecast years of 2021 to 2028. The region’s market growth is ascribed to key factors, such as, increased security challenges and cybercrimes, the rising expenditure on defense activities, and the growing adoption of cloud solutions. 

north-america-application-security-market

The North America application security market growth is assessed through the analysis of the United States and Canada. The United States increasingly focuses on cybersecurity at national and state levels, especially for financial services companies. For instance, in 2017, New York implemented novel cybersecurity regulations, governing the information security programs of the state’s licensed financial service institutions. In this regard, it requires banks to have a strengthened cybersecurity plan, while employing a CISO to supervise security processes and maintenance. As a result, the advent of these regulations across several states has augmented the demand for security testing.

In 2019, the United States recorded a proximity mobile payment usage penetration of 29%, compared to China’s penetration rate of 81%. The discrepancy indicates the relatively lowered adoption of mobile payment services in regions beyond the Asia Pacific. Although contactless payment choices provide several advantages like time-efficiency, flexibility, and convenience, several United States-based mobile users are reluctant to pay via their smartphones, owing to privacy and safety concerns. In this regard, debit cards and cash remain the most utilized payment methods in restaurants, stores, and various other points of sales, across the country. Therefore, these factors are set to fuel the application security market in the United States, over the forecast years.

Contrast Security, headquartered in the United States, provides Interactive Application Security Testing (IAST) that helps identify application vulnerabilities. The company also delivers Runtime Application Self-Protection (RASP) that enables applications to recognize and inhibit threats.

TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY                
    1. STUDY OBJECTIVES                  
    2. SCOPE OF STUDY                      
    3. METHODOLOGY              
    4. ASSUMPTIONS & LIMITATIONS                       
  2. EXECUTIVE SUMMARY                     
    1. MARKET SIZE & ESTIMATES               
    2. MARKET OVERVIEW                  
  3. MARKET DYNAMICS              
    1. PARENT MARKET ANALYSIS: SECURITY TESTING                      
    2. KEY DRIVERS                  
      1. RISE OF CYBER BREACHES                 
      2. OUTSOURCED IT MODELS                     
      3. STRINGENT BY-LAWS AND COMPLIANCE REQUIREMENT                      
    3. KEY RESTRAINTS                       
      1. LACK OF EXPERTISE IN APPLICATION SECURITY             
      2. BUDGET CONSTRAINTS FOR IMPLEMENTING APPLICATION SECURITY           
  4. KEY ANALYTICS                      
    1. IMPACT OF COVID-19 ON APPLICATION SECURITY MARKET              
    2. KEY INVESTMENT INSIGHTS               
    3. PORTER’S FIVE FORCE ANALYSIS               
      1. BUYER POWER                  
      2. SUPPLIER POWER            
      3. SUBSTITUTION                   
      4. NEW ENTRANTS                
      5. INDUSTRY RIVALRY                     
    4. OPPORTUNITY MATRIX            
    5. VENDOR LANDSCAPE              
  5. MARKET BY SOLUTION                     
    1. WEB APPLICATION SECURITY           
    2. MOBILE APPLICATION SECURITY                 
  6. MARKET BY SERVICE           
    1. MANAGED             
    2. PROFESSIONAL              
  7. MARKET BY DEPLOYMENT             
    1. CLOUD                   
    2. ON PREMISE                    
  8. MARKET BY ORGANIZATION SIZE            
    1. SMALL AND MEDIUM ENTERPRISE              
    2. LARGE ENTERPRISE                 
  9. MARKET BY TESTING TYPE            
    1. SAST                       
    2. DAST                       
    3. IAST             
    4. RASP                      
    5. OTHERS                 
  10. MARKET BY END-USER                   
    1. BFSI                      
    2. GOVERNMENT AND DEFENSE                    
    3. HEALTHCARE                
    4. IT & TELECOM               
    5. MANUFACTURING                    
    6. RETAIL                 
    7. OTHERS              
  11. GEOGRAPHICAL ANALYSIS            
    1. NORTH AMERICA                                 
      1. COUNTRY ANALYSIS                 
        1. UNITED STATES                             
        2. CANADA                                           
  12. COMPETITIVE LANDSCAPE            
    1. KEY STRATEGIC DEVELOPMENTS             
      1. PRODUCT LAUNCH & DEVELOPMENTS                  
      2. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION           
      3. BUSINESS EXPANSION            
    2. COMPANY PROFILES              
      1. IBM CORPORATION                    
      2. ACUNETIX             
      3. CHECKMARX                   
      4. CONTRAST SECURITY              
      5. HEWLETT PACKARD ENTERPRISE               
      6. NSFOCUS              
      7. N-STALKER           
      8. PRADEO                
      9. QUALYS INC         
      10. RAPID7 INC         
      11. SITELOCK            
      12. SYNOPSYS                     
      13. TRUSTWAVE                  
      14. WHITEHAT SECURITY             
      15. VERACODE
LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - APPLICATION SECURITY

TABLE 2: NORTH AMERICA APPLICATION SECURITY MARKET, BY SOLUTION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: NORTH AMERICA APPLICATION SECURITY MARKET, BY SOLUTION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: NORTH AMERICA APPLICATION SECURITY MARKET, BY SERVICE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: NORTH AMERICA APPLICATION SECURITY MARKET, BY SERVICE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: NORTH AMERICA APPLICATION SECURITY MARKET, BY DEPLOYMENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: NORTH AMERICA APPLICATION SECURITY MARKET, BY DEPLOYMENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: NORTH AMERICA APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: NORTH AMERICA APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA APPLICATION SECURITY MARKET, BY TESTING TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: NORTH AMERICA APPLICATION SECURITY MARKET, BY TESTING TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA APPLICATION SECURITY MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: NORTH AMERICA APPLICATION SECURITY MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA APPLICATION SECURITY MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: NORTH AMERICA APPLICATION SECURITY MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: LEADING PLAYERS OPERATING IN NORTH AMERICA APPLICATION SECURITY MARKET

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY SOLUTION, IN 2020

FIGURE 6: NORTH AMERICA APPLICATION SECURITY MARKET, BY WEB APPLICATION SECURITY, 2021-2028 (IN $ MILLION)

FIGURE 7: NORTH AMERICA APPLICATION SECURITY MARKET, BY MOBILE APPLICATION SECURITY, 2021-2028 (IN $ MILLION)

FIGURE 8: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY SERVICE, IN 2020

FIGURE 9: NORTH AMERICA APPLICATION SECURITY MARKET, BY MANAGED, 2021-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA APPLICATION SECURITY MARKET, BY PROFESSIONAL, 2021-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY DEPLOYMENT, IN 2020

FIGURE 12: NORTH AMERICA APPLICATION SECURITY MARKET, BY CLOUD, 2021-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA APPLICATION SECURITY MARKET, BY ON PREMISE, 2021-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2020

FIGURE 15: NORTH AMERICA APPLICATION SECURITY MARKET, BY SMALL AND MEDIUM ENTERPRISE, 2021-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA APPLICATION SECURITY MARKET, BY LARGE ENTERPRISE, 2021-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY TESTING TYPE, IN 2020

FIGURE 18: NORTH AMERICA APPLICATION SECURITY MARKET, BY SAST, 2021-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA APPLICATION SECURITY MARKET, BY DAST, 2021-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA APPLICATION SECURITY MARKET, BY IAST, 2021-2028 (IN $ MILLION)

FIGURE 21: NORTH AMERICA APPLICATION SECURITY MARKET, BY RASP, 2021-2028 (IN $ MILLION)

FIGURE 22: NORTH AMERICA APPLICATION SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA APPLICATION SECURITY MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 24: NORTH AMERICA APPLICATION SECURITY MARKET, BY BFSI, 2021-2028 (IN $ MILLION)

FIGURE 25: NORTH AMERICA APPLICATION SECURITY MARKET, BY GOVERNMENT AND DEFENSE, 2021-2028 (IN $ MILLION)

FIGURE 26: NORTH AMERICA APPLICATION SECURITY MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)

FIGURE 27: NORTH AMERICA APPLICATION SECURITY MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)

FIGURE 28: NORTH AMERICA APPLICATION SECURITY MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

FIGURE 29: NORTH AMERICA APPLICATION SECURITY MARKET, BY RETAIL, 2021-2028 (IN $ MILLION)

FIGURE 30: NORTH AMERICA APPLICATION SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 31: NORTH AMERICA APPLICATION SECURITY MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 32: UNITED STATES APPLICATION SECURITY MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: CANADA APPLICATION SECURITY MARKET, 2021-2028 (IN $ MILLION)

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