USD 11.01 billion
Report ID:
SQMIG45F2171 |
Region:
Global |
Published Date: February, 2025
Pages:
196
|Tables:
92
|Figures:
71
Global Security Testing Market size was valued at USD 11.01 billion in 2023 and is poised to grow from USD 13.0 billion in 2024 to USD 49.20 billion by 2032, growing at a CAGR of 18.1% in the forecast period (2025-2032).
The global security testing market growth is rapidly expanding with more and more online and mobile-based business-critical applications that require increased endpoint protection to be secure. Furthermore, digitization of enterprise operations is growing the volume of sensitive data being shared across digital platforms, thereby further emphasizing the need for strong security measures. With increasing sophisticated and recurrent cyberattacks, that might damage their brand, businesses are now focusing on security testing for their systems.
The strict regional compliance requirements and regulatory laws are also driving the demand for security testing solutions. The regulatory frameworks emphasize that organizations should use advanced security methods to safeguard consumer data and ensure confidence. In light of such regulatory requirements, such regulations help promote a conducive climate for security testing providers, given that businesses aim to ensure the integrity of their systems and make their operations abreast of the industry standards. Due to the integration of security testing solutions with cutting-edge technologies such as machine learning (ML) and artificial intelligence (AI), the market is expanding. Such technologies make security testing more effective and proactive with real-time threat detection, vulnerability analysis, and predictive insights. As a result, the global security testing market is going to rise with a huge scale as companies will continue to emphasize cybersecurity in the increasingly digital world to provide innovative answers to evolving cyber threats.
Market snapshot - (2025-2032)
Global Market Size
USD 11.01 billion
Largest Segment
Cloud-Based
Fastest Growth
On-Premises
Growth Rate
18.1% CAGR
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The global security testing market is segmented into type, testing tool, deployment mode, and region. By type, the market is classified into application security testing, network security testing, device security testing, social engineering, and others. Depending on testing tool, it is divided into web application testing tool, code review tool, penetration testing tool, software testing tool, and others. According to deployment mode, the market is bifurcated into on-premises and cloud-based. Regionally, it is studied across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Analysis by Type
As per the 2024 global security testing market analysis, since network infrastructure needs protection against advanced cyber threats, the network security testing segment has become the largest segment. This category is about evaluating and enhancing the defenses of networks, such as firewalls, routers, switches, and intrusion detection systems to identify weaknesses and reduce risks. Companies are putting great emphasis on all-inclusive testing of network security in an effort to protect sensitive information, comply with regulations, and avoid disruption to business operations since attacks on the layers of networks are increasing with time. This segment is one of the key categories of the global security testing market, considering that reliance on digital infrastructure has intensified along with advances in methods and techniques of attack.
As new vulnerabilities are brought by developing linked devices and IoT, there are great expectations that device security testing segment will grow remarkably. This section entails assessing and protecting endpoint devices, which encompass laptops, smartphones, and Internet of Things devices from malware, illegal access, and data breaches. Strong device security measures are more imperative today with the increase in remote work and the rules on BYOD. Furthermore, testing of devices for security is also highly fueled by the fact that assaults on the endpoints are now even more focused and are often the weakest point in a company's security architecture. This market segment is expected to be critical to the growth of the industry as companies realize how important device security is.
Analysis By Deployment Mode
Based on the 2024 global security testing market forecast, the cloud-based category held the largest share, mainly because of the extensive adoption of cloud computing across various industries. The solutions offer unmatched scalability, flexibility, and cost-effectiveness that make it possible for organizations to run extensive security testing without having the need for much infrastructure on premises. Cloud-based security testing offers real-time monitoring, automatic updates, and integration with other cloud services that create strong protection against dynamic cyber threats. They are very attractive because of their easy deployment, accessible from any place, and low maintenance requirements. As more organizations shift toward cloud environments, the need for cloud-based security testing solutions will continue to surge, and, therefore, a strong footing for them in the market is now established.
The on-premises deployment segment is expected to grow by a huge margin in the global security testing industry because of its attraction by the industries that need more control over sensitive data and security systems. Organisations for on-premises solutions can conduct security testing within their own infrastructure so that they are compliant with strict regulatory standards and maintain confidentiality. Data privacy is a most prominent requirement for sectors like finance, healthcare, and government. Other driving factors for the on-premises segment are advancement in on-premises technologies, growing demand for custom security solutions, and rising on-premises deployment requirements from organizations who need specific security and compliance features.
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North America dominated the market, mainly due to robust technological infrastructure, higher adoption rates for digital and cloud-based solutions, and a highly regulated environment. Presence of key cybersecurity players and high business acumen on cyber threats also further added to market growth. Besides this, the imposition of various regulatory requirements that force organizations to implement very strict security measures, including security testing at regular intervals to comply with regulations and protect sensitive data, is driving the growth of the market. In addition to this, the growing incidences of complex cyberattacks that hit the financial, healthcare, and government sectors are driving the growth of the market.
Asia-Pacific is predicted to emerge as the leader in the security testing market, due to the accelerated pace of digital transformation and adoption of more sophisticated technologies by all sectors of industry. In emerging economies such as China and India, growth is very rapid in the IT, manufacturing, and banking sectors, all of which are particularly vulnerable to cyber threats. The rise in cyberattacks and increasing community awareness about cybersecurity results in heavy investments by organizations in powerful security testing solutions. Government initiatives also lead to the enhancement of frameworks in cybersecurity, and the increase in cloud computing and IoT devices foster market growth. Asia-Pacific, with an expanding digital infrastructure and inorganic technological advancements, is predicted to lead in the security testing market.
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Drivers
Increasing Threats to Cybersecurity
Needs for Regulatory Compliance
Restraints
High Costs of Implementing and Maintaining Security Testing Solutions
Lack of Cyber Skills
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The competitive environment of the global security testing industry is defined by the fierce competition between major competitors fighting for market share and innovation. Large-scale corporations focus on developing leading-edge solutions that integrate automation, AI, and machine learning to address the changing cybersecurity challenges. Regular product launches, alliances, and acquisitions are also witnessed. The growth in the adoption of cloud-based platforms and increasing R&D spendings further escalate the competition in this fast-changing area.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the globalization of the global security testing market increases with threats facing greater complexity, digital transformation initiatives spread wider, and regulatory requirements for data protection and privacy become tougher. They need to actively identify the weakness, threat, and vulnerabilities into their system applications and network. Growth drivers within this market include the recent advances in sophisticated and automated security testing tools that have just evolved; AI ad machine learning, especially threat identification; cloud security solutions with rapidly increasing demand from customers. Despite some challenges such as the absence of qualified cybersecurity professionals and high implementation costs, investment in cybersecurity infrastructure and rising awareness of the need for powerful security testing is projected to fuel growth in this market. So, the market outlook, looks promising and more promising even with opportunities in innovation and partnerships between vendors regarding emerging security issues.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 11.01 billion |
Market size value in 2032 | USD 49.20 billion |
Growth Rate | 18.1% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Security Testing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Security Testing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Security Testing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Security Testing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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