Penetration Testing Market
Global Penetration Testing Market Size, Share & Trends Analysis Report by End-User (Banking, Financial Services and Insurance (BFSI), Healthcare, Information Technology (IT), Telecom, Education, Retail & eCommerce, and Others (Social Media, Energy, and Transportation)), By Testing Service (Web Application, Mobile Application, Network Infrastructure, Social Engineering, Cloud and Others (Wireless, IoT & Embedded)), By Deployment Mode (Cloud and On-Premises), By Organization Size (Large Organization, Medium and Small Organizations) Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global penetration testing market is expected to register a considerable growth of CAGR 12.2% during the forecast period. Penetration testing is one of the most crucial techniques for finding bugs and vulnerabilities, which can compromise the security of any computing platform. It is a process of measuring, testing, and increasing fixed security solutions on devices such as mobile phones and other information systems. As digitalization is increasing with the advent of newer technologies every few years, there is a growing need for the security and safety of online platforms. Hence this security need is increasing the market growth for penetration as well.
With technology being the foundation of every industry and department, demand for penetration testing is set to progress at a significant pace. Furthermore, the rise in cyber-attacks and the government initiatives for safe and secure digital public platforms is creating a need for penetration testing, in turn driving the market growth. With the emergence of IoT and 5G, the companies are shifting to a novel technology, there is a growing need to secure these systems. In addition, an increasing number of smartphones, smart devices wireless connections can leave users vulnerable to malicious cyber-attacks and hacks, which is compelling users to opt for penetration testing, hence propelling the market growth. However, the high cost of penetration testing is expected to restrain the market growth.
Segmental Outlook
The global penetration testing market is segmented based on end-user, testing service, deployment model, and organization size. Based on the end-user, the market is sub-segmented BFSI, healthcare, information technology (IT), telecom, education, retail & e-commerce, and others (social media, energy, and transportation). Based on the testing service, the market is segmented into the web application, mobile application, network infrastructure, social engineering, cloud, and others (wireless, IoT & embedded). Based on the deployment model the market is segmented into on-premises and cloud. Further, based on organization size the market is segmented into a large organizations, medium, and small organizations.
The Large Organization Penetration Testing segment will dominate a large percentage of the market share.
Large organizations are the most vulnerable to security-related risks owing to a large amount of data generated and managed by them. They are early adopters of penetration testing as they have huge associated networking devices and have a large workforce as well, which results in considerable growth for the segment during the forecast period. Further, large organizations have no budget restriction, which makes them adopt on-premises solutions, however, certain benefits associated with cloud penetration testing are also expected to draw these organizations.
Global Penetration Testing Market Share by Organization Size, 2020 (%)
Regional Outlooks
The global penetration testing market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to be the leading region in the Penetration Testing market followed by Europe. The growth of the market in both these regions can be mainly attributed to a large number of penetration testing companies present. further, these regions have focused on security and safety for a long time, which has hugely contributed to the market growth.
Global Penetration Testing Market Growth, by Region 2021-2027
Asia-Pacific is anticipated to grow at a considerable rate
The Asia-Pacific is estimated to witness considerable market growth in the global penetration testing market during the forecast period. The growth of the region can be attributed to the increasing adoption of smartphones and smart devices. Further, due to rising cyber-attacks, online scams, and frauds in the region are positively impacting the market growth. Countries such as India, Japan, and China are already performing penetration testing across various fields including BFSI, healthcare, defense among others. Further, the increase in digital payment in the region is compelling government and financial institutions to assess security vulnerabilities regarding online payment, which has propelled the market growth for penetration testing as well.
Market Players Outlook
The key players of the penetration testing market include Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, SecureWorks Inc., FireEye, Inc., and Rapid7, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, In November 2020, FireEye, Inc. announced the acquisition of Respond Software, the cybersecurity investigation automation company and creator of the Respond Analyst. This acquisition will enable FireEye to deliver extended Detection and Response (XDR) capabilities to a broad set of customers.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global penetration testing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Cisco Systems, Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Hewlett Packard Enterprise Development LP
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. SecureWorks, Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. FireEye, Inc.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Rapid7, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Penetration Testing Market by Testing Service
5.1.1. Web application
5.1.2. Mobile application
5.1.3. Network Infrastructure
5.1.4. Social Engineering
5.1.5. Cloud
5.1.6. Others (Wireless, IoT & Embedded)
5.2. Global Penetration Testing Market by Deployment Mode
5.2.1. Cloud
5.2.2. On-premises
5.3. Global Penetration Testing Market by Organization Size
5.3.1. Large Organization
5.3.2. Medium and Small Organizations
5.4. Global Penetration Testing Market by End-User
5.4.1. Banking, Financial Services and Insurance (BFSI)
5.4.2. Healthcare
5.4.3. Information Technology (IT)
5.4.4. Telecom
5.4.5. Education
5.4.6. Retail and eCommerce
5.4.7. Others (Social Media, Energy, and Transportation)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Acunetix, Ltd.
7.2. Checkmarx, Ltd.
7.3. Cisco Systems, Inc.
7.4. Context Information Security (Accenture plc)
7.5. FireEye, Inc.
7.6. HackerOne, Inc.
7.7. Hewlett Packard Enterprise Development LP
7.8. IBM Corp.
7.9. ISECURION Technology & Consulting Pvt. Ltd.
7.10. Micro Focus International plc
7.11. PortSwigger, Ltd.
7.12. Qualys, Inc.
7.13. Rapid7, Inc.
7.14. Redbot Security
7.15. SecureWorks, Inc.
7.16. Suma Soft Pvt. Ltd.
7.17. Synopsys, Inc.
7.18. Trustwave Holdings, Inc.
7.19. Veracode, Inc.
7.20. WhiteHat Security, Inc.
1. GLOBAL PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
2. GLOBAL PENETRATION TESTING IN BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL PENETRATION TESTING IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL PENETRATION TESTING IN INFORMATION TECHNOLOGY (IT) MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL PENETRATION TESTING IN TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL PENETRATION TESTING IN EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL PENETRATION TESTING IN RETAIL & E-COMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL PENETRATION TESTING IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY TESTING SERVICE, 2020-2027 ($ MILLION)
10. GLOBAL WEB APPLICATION PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL MOBILE APPLICATION PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL NETWORK INFRASTRUCTURE PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL SOCIAL ENGINEERING PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL CLOUD PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL OTHER PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
17. GLOBAL CLOUD-BASED PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
GLOBAL ON-PREMISES PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2020-2027 ($ MILLION)
19. GLOBAL PENETRATION TESTING FOR LARGE ORGANIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
20. GLOBAL PENETRATION TESTING FOR MEDIUM AND SMALL ORGANIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
21. NORTH AMERICAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. NORTH AMERICAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
23. NORTH AMERICAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY TESTING SERVICE, 2020-2027 ($ MILLION)
24. NORTH AMERICAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
25. NORTH AMERICAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2020-2027 ($ MILLION)
26. EUROPEAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. EUROPEAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
28. EUROPEAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY TESTING SERVICE, 2020-2027 ($ MILLION)
29. EUROPEAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
30. EUROPEAN PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2020-2027 ($ MILLION)
31. ASIA-PACIFIC PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY TESTING SERVICE, 2020-2027 ($ MILLION)
34. ASIA-PACIFIC PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
35. ASIA-PACIFIC PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2020-2027 ($ MILLION)
36. REST OF THE WORLD PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
37. REST OF THE WORLD PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2020-2027 ($ MILLION)
38. REST OF THE WORLD PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY TESTING SERVICE, 2020-2027 ($ MILLION)
39. REST OF THE WORLD PENETRATION TESTING MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2020-2027 ($ MILLION)
1. GLOBAL PENETRATION TESTING MARKET SHARE BY END-USER, 2020 VS 2027 (%)
2. GLOBAL PENETRATION TESTING MARKET SHARE BY TESTING SERVICE, 2020 VS 2027 (%)
3. GLOBAL PENETRATION TESTING MARKET SHARE BY DEPLOYMENT MODE, 2020 VS 2027 (%)
4. GLOBAL PENETRATION TESTING MARKET SHARE BY ORGANIZATION SIZE, 2020 VS 2027 (%)
5. GLOBAL PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL PENETRATION TESTING IN BANKING, FINANCIAL SERVICES AND INSURANCE (BFSI) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL PENETRATION TESTING IN HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL PENETRATION TESTING IN INFORMATION TECHNOLOGY (IT) MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL PENETRATION TESTING IN TELECOM MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL PENETRATION TESTING IN EDUCATION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL PENETRATION TESTING IN RETAIL AND E-COMMERCE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL PENETRATION TESTING IN OTHERS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL WEB APPLICATION PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL MOBILE APPLICATION PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL NETWORK INFRASTRUCTURE PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL SOCIAL ENGINEERING PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL CLOUD PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL OTHERS (WIRELESS, IOT & EMBEDDED) PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL CLOUD-BASED PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL ON-PREMISES PENETRATION TESTING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
21. GLOBAL PENETRATION TESTING FOR LARGE ORGANIZATION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. GLOBAL PENETRATION TESTING FOR MEDIUM AND SMALL ORGANIZATION APPLICATION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
23. US PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
24. CANADA PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
25. UK PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
26. FRANCE PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
27. GERMANY PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
28. ITALY PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
29. SPAIN PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF EUROPE PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
31. INDIA PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
32. CHINA PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
33. JAPAN PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
34. SOUTH KOREA PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
35. REST OF ASIA-PACIFIC PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
36. REST OF THE WORLD PENETRATION TESTING MARKET SIZE, 2020-2027 ($ MILLION)
