Dynamic Application Security Testing Industry Analysis Report: Its Market Size growing with a CAGR of 10%, By Applications, Types and Region forecasted for period from 2024 to 2031

The global market overview of the "Dynamic Application Security Testing Market" provides a unique perspective on the key trends influencing the industry worldwide and in major markets. Compiled by our most experienced analysts, these global industrial reports offer insights into critical industry performance trends, demand drivers, trade dynamics, leading companies, and future trends. The Dynamic Application Security Testing market is projected to experience an annual growth rate of 10% from 2024 to 2031.

Dynamic Application Security Testing and its Market Introduction

Dynamic Application Security Testing (DAST) is a method of testing software applications by analyzing them in running mode. The purpose of DAST is to identify security vulnerabilities in web applications while they are running. This allows organizations to identify and address potential security flaws in real-time, preventing potential cyber-attacks and data breaches.

Some advantages of DAST include its ability to simulate real-world hacking scenarios, offering comprehensive coverage of web applications, and providing actionable results that can be used to fix vulnerabilities. This method can significantly impact the Dynamic Application Security Testing Market by driving the demand for more secure applications and increasing the adoption of DAST tools and services. The Dynamic Application Security Testing Market is expected to grow at a CAGR of 10% during the forecasted period.

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Dynamic Application Security Testing Market Segmentation

The Dynamic Application Security Testing Market Analysis by Types is Segmented into:

• Cloud Based
• On-Premise

Dynamic Application Security Testing (DAST) can be conducted through both cloud-based and on-premise solutions. Cloud-based DAST offers scalability, flexibility, and cost-efficiency, while on-premise DAST provides more control and customization options. Both types help in boosting the demand of the DAST market by addressing the increasing need for application security in organizations across different industries. Cloud-based solutions enable faster deployment and easier integration with existing systems, while on-premise solutions cater to companies with stricter data privacy and compliance requirements.

The Dynamic Application Security Testing Market Industry Research by Application is Segmented into:

• Government & Defense
• BFSI
• IT & Telecom
• Healthcare
• Retail
• Manufacturing
• Others

Dynamic Application Security Testing (DAST) is used in various industries such as Government & Defense, BFSI, IT & Telecom, Healthcare, Retail, Manufacturing, and others to identify vulnerabilities in web applications in real-time. It automatically scans applications for security weaknesses, assesses threat levels, and provides remediation recommendations. Among these industries, BFSI is the fastest growing application segment in terms of revenue, as financial institutions prioritize securing their online platforms to protect sensitive customer data. Overall, DAST is crucial for ensuring the security of web applications across a wide range of industries.

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Dynamic Application Security Testing Market Trends

- Increased adoption of AI and machine learning technologies to improve the accuracy and efficiency of dynamic application security testing.

- Growing demand for cloud-based DAST solutions to handle the scalability and flexibility requirements of modern applications.

- Rising emphasis on shifting security left in the software development lifecycle, leading to the integration of DAST tools into CI/CD pipelines.

- Regulatory requirements such as GDPR and CCPA driving the need for comprehensive application security testing to protect sensitive data.

- Shift towards DevSecOps approach, where security is integrated throughout the development process, fueling the demand for DAST solutions that align with agile methodologies.

These trends are expected to drive significant growth in the Dynamic Application Security Testing market as organizations strive to protect their applications from evolving cyber threats and vulnerabilities.

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Geographical Spread and Market Dynamics of the Dynamic Application Security Testing Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Dynamic Application Security Testing market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa is experiencing significant growth due to the increasing number of cyber attacks and data breaches. Key players such as Micro Focus, IBM, Veracode, and Synopsys are leading the market with a focus on innovation, product development, and strategic partnerships. The market offers numerous opportunities for growth, driven by factors such as the growing adoption of cloud-based applications, stringent regulations, and the increasing awareness of cybersecurity threats. Acquisitions, collaborations, and product launches are some of the growth strategies employed by these key players to strengthen their market presence. Overall, the dynamic application security testing market is expected to continue expanding rapidly in these regions, offering lucrative opportunities for both established players and new entrants.

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Growth Prospects and Market Forecast for the Dynamic Application Security Testing Market

The expected CAGR for the Dynamic Application Security Testing Market during the forecasted period is projected to be around 20%. This high growth rate can be attributed to factors such as the increasing trend of digital transformation, rising cyber threats, and stringent regulatory requirements regarding application security.

Innovative growth drivers for this market include the rising adoption of cloud-based application security solutions, the integration of artificial intelligence and machine learning technologies for advanced threat detection, and the growing emphasis on DevSecOps practices to ensure security throughout the software development lifecycle.

To further increase growth prospects, deployment strategies such as offering flexible pricing models, providing customized solutions for different industries, and partnering with cybersecurity experts to enhance service offerings can be implemented. Additionally, leveraging emerging trends such as the adoption of containerized applications, the proliferation of Internet of Things (IoT) devices, and the increasing focus on API security will help drive growth in the Dynamic Application Security Testing Market. By staying ahead of these trends and implementing innovative strategies, companies in this market can capitalize on the growing demand for robust application security solutions.

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Dynamic Application Security Testing Market Competitive Landscape

• Micro Focus
• IBM
• Veracode
• Synopsys
• Accenture
• Pradeo
• Rapid7
• Tieto
• Trustwave
• WhiteHat Security
• Optiv
• Acunetix
• Checkmarx Inc.
• Qualys, Inc.
• PortSwigger
• Contrast Security
• GitLab
• HCL Software

Micro Focus, a global software company, has a strong presence in the application security testing market with its Fortify product suite. The company has a history of acquiring innovative security companies to enhance its portfolio and improve its market position.

IBM is another key player in the market, offering a comprehensive range of security solutions, including static and dynamic application security testing tools. The company has a strong focus on research and development to stay ahead of market trends and provide cutting-edge solutions to its customers.

Veracode, now a part of Broadcom, is known for its cloud-based application security testing platform that helps organizations identify and remediate security vulnerabilities in their applications. The company has a strong customer base and a reputation for delivering high-quality solutions.

Synopsys is a leading provider of software security testing tools, including static analysis, dynamic analysis, and software composition analysis. The company has a strong presence in the market and is known for its innovative approach to security testing.

Accenture, a global professional services company, offers a range of application security testing services to help organizations improve their security posture. The company has a strong track record of delivering successful security projects for its clients.

In terms of sales revenue:

- Micro Focus: $ billion

- IBM: $77.1 billion

- Veracode: $250 million

- Synopsys: $3.2 billion

- Accenture: $44.33 billion

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