Global Application Security Market to Grow by +28.1% CAGR During the Forecasting Year 2019-2026 with Major Key Vendors IBM Corporation, ORACLE Corporation, MICRO FOCUS
Global Application Security Market is valued at USD +1.93 billion in 2018 and will continue to grow at a CAGR of +28.1% during the forecast period of 2019 to 2026
Houston, TX -- (SBWire) -- 03/20/2019 --Application programming is the structure of equipment, programming and other procedural technique to shield an application from outer dangers. The errand of utilization programming is to drop down the hazard engaged with security in the activities of different applications. Developing utilization of portable, fiscal related application and other cutting edge innovations have additionally requested for the development in application security arrangements. It has its wide application in government and guard, banking, monetary administrations, and protection, IT and telecom, medicinal services, retail, instruction, and others. Ascend in digital breaks may go about as a noteworthy driver in the development of use security advertise. Then again absence of mindfulness about cybersecurity may block the market.
Global Application Security Market is valued at USD +1.93 billion in 2018 and will continue to grow at a CAGR of +28.1% during the forecast period of 2019 to 2026
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The district has encountered abrupt development as for different innovations, applications being one of them. This has been activated different elements. One the center reason is the developing infiltration of cell phones. This has been the outcome of some incredible advertising (by Xiaomi) and openness of worthwhile brands. This expansion has been combined with different components like diminished expense for most recent access advancements, particularly LTE. The sliced costs of LTE in the area have been powered by exceptional challenge among the versatile system administrators as they are confronting rivalry from innovation players giving over the best administrations. Such exponential development has left holes on the application security front which thus has been utilized by assailants. These security vulnerabilities have made the open door for the application security sellers.
The Major Key Players for Global Application Security Market : IBM CORPORATION, ORACLE CORPORATION, MICRO FOCUS, CHECKMARX LTD., VERACODE (CA TECHNOLOGIES), SYNOPSYS, INC., WHITEHAT SECURITY, INC., RAPID7, QUALYS, INC., SITELOCK, LLC., CONTRAST SECURITY, POSITIVE TECHNOLOGIES, and FASOO.COM, INC., amongst others.
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Global Application Security Market :
By Regions/Countries:
- United States
- EU
- Japan
- China
- India
- Southeast Asia
By Type:
- Web application security
- Mobile application security
By Application:
- Government and defense
- BFSI
- IT and telecom
- Healthcare
- Retail
- Education
- Others
Reasons to Purchase Global Application Security Market are:
- The market is driven by increasing breaching points for the attackers and also the involvement of third parties in the application revenue model is an important factor.
- The report analyzes the various perspectives of the market with the help of Porter's five forces analysis
- The type of security and solution that are expected to dominate the market
- The regions are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares and strategies employed by the major market players.
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