Data Security Vulnerabilities in a Hyperactive Virtual Ecosystem Amplifies Reliance and Adoption of Penetration Testing Solutions

Burgeoning advances in sophisticated orchestration of cyber-attacks are likely to ensure a thumping growth outlook for global penetration testing market in the foreseeable future, opines Adroit Market Research in its recent research data, pinned in the humongous data archive.

To align with the proliferation of services in AI and ML integrate ecosystems further translate substantial growth fillip in global penetration testing market. Penetration testing is a dedicated string of initiatives such as data security fortification, gauging and testing of the solutions integrated across multiple information matrix, and allows device owners to identify the pain points and vulnerabilities identified in the smart devices.

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The global penetration testing market size is anticipated to reach over USD 3 billion by 2025. Besides, it is expected to exhibit a CAGR of over 19% during the forecast period 2020-2025. The penetration testing or pen testing is a method that enables the simulated attack similar to the hacker to find out the potential weaknesses in the system or network.

With astonishing peaks in smart device ownership and longer time span devoted to online activities, chances of a potentially dangerous cyber threats remain highly appalling, posing greater threat to data privacy and security. Factors as such are creating ample growth possibilities for penetration testing market in the forthcoming years.

Penetration testing is highly intervening services in general as it involves breaking into the network capabilities of enterprises to detect network vulnerability. Advances in network penetration testing have been supporting high rise growth in the market, thus ensuring a brisk growth map in the foreseeable future.

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Matured economies such as Europe and the Americas are likely to hold their dominance in the penetration testing market as the regions display larger number of players and entities. advances in developing sophisticated penetration testing, besides improved mindsets amongst end use companies, resulting in steadfast adoption of penetration testing.

The major players of the global penetration testing market are FireEye, IBM, Micro Focus, Qualys, Secureworks, Acunetix, Veracode, Netsparker, Trustwave Holdings, and Rhino Security Labs. Moreover, the other potential players in the Penetration Testing market are Rapid7, Cigital, Core Security, Immuniweb, and Checkmarx. The recognized companies are coming up with innovative and new entertainment technologies and solutions. For instance, In May 2019, FireEye announced the acquisition of Verodin, a security testing start-up for $250 million. With this acquisition, FireEye now has access to the Verodin Security Instrumentation Platform.

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Key Segments of the Global Penetration Testing Market

Component Overview, 2018-2025 (USD Million)

Solution
Services
Application Overview, 2018-2025 (USD Million)

Network infrastructure
Web Application
Social Engineering
Mobile Application
Cloud
Others
Industry vertical Overview, 2018-2025 (USD Million)

IT & telecom
BFSI
Retail
Healthcare
Others
Regional Overview, 2018-2025 (USD Million)

North America

U.S.
Canada
Europe

UK
Germany
France
Rest of Europe
Asia Pacific

China
Japan
India
Rest of Asia-Pacific
Middle East and Africa

UAE
South Africa
Rest of Middle East and Africa
South America

Brazil
Rest of South America
What does the report include?

The study on the global penetration testing market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the penetration testing industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented based on component, application, industry vertical, Application. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.
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The report provides insights into the global Penetration testing market with the latest market trends and forecasts for the future to illustrate future investment pockets.
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This Penetration testing Market Report offers insight into key influencers, constraints and opportunities, as well as detailed impact analysis.
Five Porter strength analyzes to demonstrate supplier and buyer strength.
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