Global Penetration Testing Market Worth $1,724.3 Million by 2021 - Increased Sophistication Level in Attacking Technique - Research and Markets

DUBLIN, September 8, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Penetration Testing Market by Testing Service, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021" report to their offering.

The penetration testing market size is expected to grow from USD 594.7 Million in 2016 to USD 1,724.3 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 23.7% during the forecast period. The major growth drivers of the market include the increased sophistication level in attacking techniques, and the need to meet compliance requirements.

Organizations are rapidly deploying penetration testing services either on-premises or on cloud. The demand for cloud-based penetration testing services is increasing due to the cost-effective and time-efficient features of cloud; its growth is specifically high in enterprises, where low cost solutions are much required.

This is mainly because in the developed economies of the U.S. and Canada, there is high focus on innovations obtained from research and development and technology. The APAC region is expected to be the fastest growing region in the penetration testing market. The growth in this region is primarily driven by the growing adoption of web- and mobile-based business applications.

The penetration testing market faces challenges such as high cost and complexity. Moreover, factors such as lack of awareness about risks associated with cyber-attacks limit the market growth.

Companies Mentioned:

• Acunetix
• Checkmarx
• Cigital, Inc.
• Hewlett Packard Enterprise (HPE)
• International Business Machines (IBM) Corporation
• Portswigger Ltd.
• Qualys, Inc.
• Rapid7, Inc.
• Synopsys, Inc.
• Trustwave Holdings, Inc.
• Veracode
• Whitehat Security

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Penetration Testing Market Overview

6 Penetration Testing Market: Industry Trends

7 Penetration Testing Market Analysis, By Testing Services

8 Penetration Testing Market Analysis, By Deployment Mode

9 Penetration Testing Market Analysis, By Organization Size

10 Penetration Testing Market Analysis, By Vertical

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Key Innovators 

15 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/583gw3/penetration

Related Reports:

Security Analytics Market - Global Forecast to 2021

Related Topics: IT Security

Media Contact:

Research and Markets

Laura Wood, Senior Manager

[email protected]

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com