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The Dynamic Application Security Testing (DAST) market is expected to grow from USD 621.0 Million in 2017 to USD 2,542.7 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 28.5% during the forecast period. The base year considered for the study is 2017 and the forecast period considered is 20182025.
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This report studies the global Dynamic Application Security Testing (DAST) market, analyzes and researches the Dynamic Application Security Testing (DAST) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Accenture (Republic of Ireland)
IBM (US)
Micro Focus (UK)
Veracode (US)
Synopsys (US)
Pradeo (France)
Rapid7 (US)
Tieto (Finland)
Trustwave (US)
WhiteHat Security (US)
The research covers the current market size of the Global Dynamic Application Security Testing (DAST) market and its growth rates based on 5 year history data along with company profile of key players/manufacturers. The in-depth information by segments of Dynamic Application Security Testing (DAST) market helps monitor future profitability & to make critical decisions for growth. The information on trends and developments, focuses on markets and materials, capacities, technologies, CAPEX cycle and the changing structure of the Global Dynamic Application Security Testing (DAST)Market.
The study provides company profiling, product picture and specifications, sales, market share and contact information of key manufacturers of Global Dynamic Application Security Testing (DAST) Market, some of them listed here are Accenture (Republic of Ireland), IBM (US), Micro Focus (UK), Veracode (US), Synopsys (US), Pradeo (France), Rapid7 (US), Tieto (Finland), Trustwave (US) & WhiteHat Security (US). The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major driving factors for the market include increasing degree of business risks due to application vulnerabilities; stringent government mandates and regulations, such as the OWASP Foundation, Common Weakness Enumeration/SysAdmin, Audit, Network, and Security (SANS) Institute, Payment Card Industry Data Security Standard (PCI DSS), Health Insurance Portability And Accountability Act (HIPAA)/HITECH Compliance, and Security, and Trust And Assurance Registry (STAR); increasing sophistication level of cyber-attacks; and growing adoption of third-party applications and cloud computing. However, budget constraints may restrain the market growth.
Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market share during the forecast period
The BFSI vertical is expected to hold the largest market share in the global Dynamic Application Security Testing Market by vertical during the forecast period. The BFSI vertical is rapidly implementing digital technologies in its ecosystem for enhancing the customer experience. This move helps it with its marketing and promotional activities as well. The technological advancements in the vertical attract cybercriminals and cyber-attacks.
SMEs segment is expected to grow at a higher rate during the forecast period
The SMEs segment is expected to grow at a higher rate during the forecast period. The adoption of Dynamic Application Security Testing solutions is expected to be rapidly increasing among SMEs, as they are becoming proactive in terms of securing their IT infrastructure.
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