Global Security Testing Market Is Expected to Grow at a CAGR of Around 15% from 2017 to 2025

Global Security Testing Market is expected to grow at a CAGR of around 15% from 2017 to 2025.

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Portland, OR -- (SBWire) -- 07/25/2017 --Global Security Testing Market is expected to grow at a CAGR of around 15% from 2017 to 2025. Security testing is a technique to check that an information system protects data and maintains functionality as intended. Security testing is performed to check whether there is leakage of information by encrypting the application or using wide range of softwares and hardwares and firewall.

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Based on type, the Security Testing Market is divided into network security testing, application security testing and device security testing. Based on various tools, market is segmented into penetration testing tools, web testing tools, automated testing tools and code review tools. By deployment model, market is bifurcated into cloud and on-premises. Based on organization size, market is classified into small and medium enterprise (SME) and large enterprises. Various industries included in the report are BFSI, healthcare, telecom & IT, retail, public utilities and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Increasing demand of cloud-based security solutions as it allows organizations to meet cloud security compliance requirements for encryption, separation of duties, and access control of protected data.
Stringent government regulations related to security.

Restraints:

High initial cost of security testing solutions
Market Players:

The top players in the global security testing market include Cisco Systems, Inc., Hewlett Packard Enterprise, IBM Corporation, Qualys, Inc., WhiteHat Security, Applause App Quality, Inc., Veracode, Checkmarx, UL LLC, and Intertek Group PLC

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MARKET LANDSCAPE

By Type
Network security testing
Firewall testing
VPN testing
IDS/IPS testing
URL filtering/UTM testing

By Tool
Penetration testing tools
Web testing tools
Automated testing tools
Code review tools

By Deployment Model
Cloud
On-premises

By Organization Size
Small and Medium Enterprises (SMEs)
Large enterprises

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Table Of Contents:
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges

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View this press release online at: http://rwire.com/838584