Penetration Testing Market size was valued at US$ 1.90 Billion in 2022 and the total Penetration Testing revenue is expected to grow at 16.5% through 2022 to 2029, reaching nearly US$ 5.53 Billion.

Penetration Testing Market Report Scope and Research Methodology

The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Penetration Testing market.

Penetration Testing Market Overview

The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Penetration Testing Market. 

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Penetration Testing Market Regional Insights

A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.

Penetration Testing Market Segmentation

Web application penetration testing, mobile application penetration testing, network penetration testing, and other are the segments listed by kind. The CAGR for mobile applications is predicted to be 6.8% over the forecast period (2023-2029). The strong demand for E-Commerce applications like Amazon and Zomato in the worldwide IT sector is responsible for this growth. Continuous data breaches occur at massive online retailers like Amazon and Facebook. The potential breach or vulnerability in these apps is expected to be found with the use of penetration testing. In April 2022, the personal information of approximately 530 million Facebook users was exposed online. It contained the personal phone numbers, e-mail addresses, and other biographical data of the app's users worldwide. 

In terms of industry, the banking and finance sector, government, and defense, along with them, held the top two spots in the global penetration testing market in 2020. Russian hackers broke into the federal government of the United States' database in 2020. Therefore, throughout the aforementioned forecast period, cyber-attacks on government databases like these are expected to fuel the expansion of the government and defense segment in the global market. A ransomware assault that targeted the US banking institution CNA in March 2022 resulted in a three-day interruption of employee and customer services. The nation's Federal Trade Commission had issued a warning about an email scam involving the COVID-19 stimulus funds provided by the governments in the same month.

1 Global Penetration Testing Market, by Type (2022-2029)
• Web Application Penetration Testing
• Mobile Application Penetration Testing
• Network Penetration Testing
• Other
2 Global Penetration Testing Market, by Deployment (2022-2029)
• On-premise
• Cloud
3 Global Penetration Testing Market, by Industry (2022-2029)
• Government and Defense
• BFSI
• IT and Telecom
• Retail & E-Commerce
• Other

 

 

 

 

 

 

 

 

 

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Penetration Testing Market Key Players

1. WhiteHat Security
2. Checkmarx
3. FireEye
4. Micro Focus
5. Secureworks
6. Rhino Security Labs
7. Immuniweb
8. PortSwigger Web Security
9. iSECURION
10.Core Security SDI Corporation
11.Redteam Security Consulting
12.Context Information Security
13.Rapid7, Inc.
14.Qualys, Inc
15.Veracode
16.Trustwave Holdings, Inc
17.Acunetix
18.Hewlett Packard Enterprise
19.IBM Corporation
20.Cigital Inc

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Key questions answered in Penetration Testing Market are:

  • What is the Penetration Testing market size of the dominating region?
  • What was the Penetration Testing market size in 2022?
  • What is the expected Penetration Testing market size by 2029?
  • What is the growth rate of the Penetration Testing Market?
  • Which are the factors expected to drive the Penetration Testing market growth?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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