Report ID: SQMIG45J2316
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Application Security Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Application Security industry players.
Application software usage is growing in all areas where enterprises increasingly emphasize the protection of their data from legal constraints. As a result, more users increasingly leverage complex techniques involving the protection of data and application security. Protecting sensitive business and customer data from cyber threats is now essential for user and investor confidence. Furthermore, the trend is reinforced by new technological advancements such as cloud and mobile technology, along with strict laws regarding data protection. In addition, an array of opportunities is presented by the ongoing growth of SaaS-based application security solutions. This page presents the key drivers and emerging trends shaping the global application software market.
According to SkyQuest Technology “Application Software Market By Solution (Web Application Security and Mobile Application Security) By Services (Professional Services and Managed Services), By End Use, By Region - Industry Forecast 2025-2032,” owing to more increasing cyber threats with a very low number of trained cybersecurity professionals, managed services are predicted to grow fastest in the behemothic market of global application security.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Palo Alto Networks |
2005 |
Santa Clara, CA, USA |
USD 8.03 billion (2024) |
Cloud-security & application security platform, Next-Gen Security ARR, SaaS-based protection. |
|
Synopsys Inc. |
1986 |
Mountain View, CA, USA |
USD 6.127 billion (2024) |
Application security testing (SAST/DAST), software composition analysis, DevSecOps integration. |
|
Veracode |
2006 |
Burlington, MA, USA |
NA |
Cloud-based application security testing (AST) platform, binary/static analysis, DevSecOps. |
|
Checkmarx Ltd. |
2006 |
Israel / global |
NA |
SAST, SCA, developer-centric application security solutions, pipeline integration. |
|
IBM Corporation |
1911 |
Armonk, NY, USA |
USD 62.75 billion (2024) |
AppScan platform, enterprise AST, runtime protection, hybrid cloud application security. |
|
Qualys Inc. |
1999 |
Foster City, CA, USA |
Revenue for 3rd Quarter of 2024 reached to USD 153.9 Million |
Cloud-native security & compliance, application vulnerability scanning, SaaS-based AST. |
|
Rapid7 Inc. |
2000 |
Boston, MA, USA |
NA |
InsightAppSec platform, dynamic and interactive application security testing, DevSecOps. |
|
Fortinet Inc. |
2000 |
Sunnyvale, CA, USA |
USD 5.96 Billion (2024) |
Web application firewall (WAF) FortiWeb, application security manager, multi-cloud app protection. |
|
Micro Focus International PLC |
1976 |
Newbury, UK |
NA |
Application security tools such as Fortify, specialist in static/dynamic analysis and software assurance. |
|
Akamai Technologies |
1999 |
Cambridge, MA, USA |
USD 3.99 Billion (2024) |
Kona Site Defender, cloud-WAF, API protection, application delivery + security. |
Palo Alto Networks is a global force in cybersecurity, integrating cloud and application security solutions across a general platformized Prisma Cloud safeguards today's apps in cloud, API, and container environments. Company's products allow enterprises to discover security vulnerability, stop attacks in their tracks, and ensure compliance with hybrid infrastructures. Palo Alto Networks is underpinning worldwide projects involving digital transformation, making applications more resilient through embedding DevSecOps and continuous security monitoring.
A subsistency of the Synopsys relating to Software Integrity Group, which is one of the top global companies in application security, provides an end-to-end set of dynamic, static, and interactive testing tools. According to the DevSecOps principle, its products support developers to find security issues as early as possible in the software development cycle. Software composition analysis (SCA) platform from the firm helps organizations to enforce compliance and reduce the risk associated with using third-party code within areas such as government, healthcare, and finance.
Veracode is an application security provider who requires integration of its automated security testing into the development pipeline. Identification and remediation of vulnerabilities take place quickly and easily using SAST, DAST, and software composition analysis. In conjunction with DevOps and Agile environments, Veracode has proven to be the main driving force in secure coding and continuous security. It helps very large enterprises in balancing reduction of risk with control of development speed and product quality.
It is famous for the developer-oriented approach towards application security. Complete code analysis capabilities complement the CI/CD pipeline. Open-source risk management, API security scanning, and static and interactive tests are available in one platform. Checkmarx shifts left for security, allowing developers to detect flaws within the lifecycle. Due to its focus on automation and developer support, it earned the trust of many contemporary DevSecOps teams worldwide.
IBM is very well relevant in application security with AppScan suite and cloud security. The very sophisticated static and dynamic testing tools allow companies such as IBM to safeguard their most critical applications from emerging threats. The AI-powered analytics of IBM enable easier visibility into the vulnerabilities and also prioritize the threats. Given its vast knowledge in the industry and its capability to work in hybrid environments, IBM is indeed a good strategic partner among the regulated industries where scalable and compliant application security frameworks are required.
Qualys manages vulnerabilities and cloud-natives applications but incorporates flexibility in security across the SDLC. Its solution carries out web application scanning, continuous assessment, and policy compliance checks without human intervention. Qualys provides real-time visibility into code-level security flaws along the integrated CI/CD pipelines. Through the company's scalable SaaS model, organizations can achieve compliance, increase the resiliency of their applications, and accelerate secure DevOps adoption across hybrid and multi-cloud environments.
Rapid7 has indeed brought about a revolution in the application security field with InsightAppSec and AppSpider. These technologies very innovatively and interactively assess modern applications delivered over the web and mobile. They are intended specifically to properly integrate with CI/CD workflows for continuous remediation of vulnerabilities. Automation, analytics, and prioritization of vulnerabilities allow Rapid7's help for development teams to assess and remediate issues in time so that they can easily migrate toward secure agile software development methods.
Solutions such as FortiWeb and FortiADC from Fortinet apply AI in threat detection and combine with an advanced WAF to provide solid application protection. Solutions of the company ensure that apps and APIs are operating at their best while taking protection measures against explodes, bots, and zero-day attacks. Businesses can easily safeguard multi-cloud and hybrid environments inside a single security framework due to Fortinet's combination of network and application security, which also enhances end-to-end visibility.
This is a significant discussion point in the arena of application security ecosystem impacts of OpenText acquisition brought by the Micro Focus Fortify suite. Fortify uses static, dynamic, and runtime analysis to enable businesses to detect security defects, early during development time. This makes it fit for compatibility with process automation and integration with DevSecOps frameworks. It gives credence to the argument of being secure by design. Many large organizations use the company's technologies for compliance and continuous testing to ensure software security through the process.
As it provides cloud-based firewall services against web applications and DDoS attacks, Akamai Technologies is a very important player in the security space of applications and APIs. Completely protecting digital assets from bot assaults, zero-day exploits, and the OWASP Top 10 vulnerabilities, it would include Kona Site Defender. Akamai offers low-latency protection against assaults from its global edge network, and its adaptive threat intelligence further enhances security for SaaS, banking, and e-commerce companies around the globe.
The application security sector is experiencing Rapid growth ace has result of escalated cyber risks, migrating to the Cloud, and utilizing DevSecOps. Companies are focusing on one secure software development ace part of their obligation to protect sensitive data and demonstrate regulatory compliance. Palo Alto Networks, Synopsys, and Checkmarx are the dominant vendors due to having have-driven systems in suites. Startups Like Snyk, Cycode, and GitGuardian are leading advancements in code protection security and automation. Ace organizations shift to digital transformation; proactive, continuous application security remains critical to the trust and longevity of businesses.
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