MRRS adds "Security Testing Market by Type,Tool, Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

MarketsandMarkets estimates the global security testing market to grow from USD 3.31 billion in 2016 to USD 7.61 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.1%. The security testing market is growing rapidly as the organizations are more focused on protection of valuable assets such as web & mobile applications and customer data. However, factors such as higher innovation and deployment cost affecting budgets are the major restraints in the overall growth of the market.
“Application security testing to have the largest market size in 2016”
Application security testing is estimated to have the largest market size in 2016 as the increased deployment of web and mobile applications and the protection of these applications is the prime objective of the organizations. The growth in the application security testing is associated with the rise in security breaches targeting enterprise applications, whereby hackers try to gain access to sensitive data. Furthermore, the same segment will grow at the highest CAGR during the forecast period, due to the rising need for improved security because of increased deployment of third-party applications.

Figure And Tables

TABLE 1 SECURITY TESTING MARKET SIZE AND GROWTH RATE,  
2014–2021 (USD MILLION, Y-O-Y %) 27
TABLE 2 SECURITY TESTING MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION) 46
TABLE 3 SECURITY TESTING MARKET SIZE, BY NETWORK SECURITY TESTING,  
2014–2021 (USD MILLION) 47
TABLE 4 NETWORK SECURITY TESTING: SECURITY TESTING MARKET SIZE, BY REGION,  2014–2021 (USD MILLION) 48
TABLE 5 FIREWALL TESTING: SECURITY TESTING MARKET SIZE, BY REGION,  
2014–2021 (USD MILLION) 49
TABLE 6 VIRTUAL PRIVATE NETWORK TESTING: SECURITY TESTING MARKET SIZE, 
BY REGION, 2014–2021 (USD MILLION) 49
 ...

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