Global Security Testing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Testing Type;
Application Security Testing, Network Security Testing, Device Security testing, and Social Engineering.By Deployment Mode;
Cloud and On-premises.By Organization Size;
Small and Medium Enterprises (SMES) and Large Enterprises.By Vertical;
BFSI, Healthcare, IT, Telecom, Retail and eCommerce, Education, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Security Testing Market (USD Million), 2021 - 2031
In the year 2024, the Global Security Testing Market was valued at USD 13,632.49 million. The size of this market is expected to increase to USD 56,110.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 22.4%.
The security testing market is experiencing significant growth driven by several key factors. These include the rise in web and mobile-based business-critical applications, which necessitate stronger endpoint protection to safeguard against cyber threats. Additionally, the increasing sophistication of cyberattacks underscores the importance of robust security testing measures to identify and mitigate vulnerabilities effectively.
Furthermore, there is a growing need to ensure seamless end-user experiences while maintaining shorter release cycles, driving the demand for security testing solutions that can integrate seamlessly into agile development processes. Stringent government regulations further contribute to market growth by emphasizing the importance of data protection and privacy compliance.
Moreover, government and enterprise initiatives focused on digitalization and the adoption of new technologies such as DevOps, DevSecOps, and Agile methodologies present lucrative opportunities for security testing vendors. These initiatives prioritize software security testing as an integral component of the development lifecycle, creating a favorable environment for the expansion of security testing services and solutions.
Global Security Testing Market Recent Developments
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In August 2023, Synopsys has launched Software Risk Manager, an Application Security Posture Management solution that streamlines application security testing throughout multiple teams and projects by integrating policy,driven orchestration and vulnerability management with Synopsys' SAST and SCA engines, thereby enhancing security testing productivity and risk visibility.
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In June 2023, DXC Technology teamed up with Checkmarx to enhance software security worldwide. DXC will support and sell the Checkmarx One platform, which will be integrated into its services. The partnership provides an all,in,one AppSec solution that includes static and dynamic testing, thus accelerating and securing the development process.
Segment Analysis
The global security testing market is segmented by testing type into Application Security Testing, Network Security Testing, Device Security Testing, and Social Engineering. Application Security Testing (AST) is one of the fastest-growing segments as organizations increasingly rely on web and mobile applications that need to be thoroughly tested for vulnerabilities such as SQL injection, cross-site scripting, and data leaks. This segment is critical for companies aiming to prevent breaches and ensure their applications are secure before deployment. Network Security Testing, on the other hand, focuses on identifying vulnerabilities in an organization’s network infrastructure, such as weak points in firewalls, routers, and wireless networks, helping businesses safeguard against cyberattacks like denial-of-service and unauthorized intrusions. Device Security Testing is gaining traction with the proliferation of IoT devices, ensuring that connected devices meet security standards to prevent attacks. Lastly, Social Engineering tests human vulnerabilities, simulating phishing attacks, pretexting, and other manipulation tactics to assess how employees react to security threats, which is an essential aspect of comprehensive security testing.
The deployment mode of security testing is categorized into Cloud and On-premises, offering distinct advantages to organizations based on their operational needs. Cloud-based security testing is increasingly popular due to its cost-effectiveness, flexibility, and ease of access. Cloud deployments allow businesses to scale security testing as needed, with automatic updates to the latest testing tools and technologies, without significant upfront investment in physical infrastructure. This model is ideal for organizations with dynamic testing needs or those lacking extensive IT resources. In contrast, On-premises security testing is more suitable for large enterprises or industries with stringent compliance and regulatory requirements. By conducting testing on their own infrastructure, companies can maintain full control over sensitive data and testing environments, ensuring higher privacy and security for mission-critical applications. On-premises testing, however, can require a larger initial investment and dedicated IT staff to manage testing operations.
The segmentation by organization size into Small and Medium Enterprises (SMEs) and Large Enterprises reflects different security needs and budgets. SMEs are increasingly adopting cloud-based security testing solutions due to their affordability and scalability. These businesses typically face resource constraints and require cost-effective testing solutions that do not compromise on security. Cloud-based offerings provide SMEs with access to advanced security testing tools and expertise, allowing them to identify vulnerabilities in applications, networks, and devices without extensive in-house capabilities. Large Enterprises, on the other hand, often prefer customized, on-premises security testing solutions due to the complexity and size of their operations. With large IT infrastructures, these organizations require comprehensive and tailored security testing to address a broader range of vulnerabilities. They also tend to focus on more specialized testing, including penetration testing and vulnerability assessments, to ensure their extensive digital ecosystems remain secure.
The vertical segmentation of the security testing market includes BFSI (Banking, Financial Services, and Insurance), Healthcare, IT, Telecom, Retail and eCommerce, Education, and Others, each with unique security testing needs. The BFSI sector requires rigorous testing due to the high volume of sensitive financial data and regulatory compliance needs. Security testing for financial institutions often involves application and network security testing, with a focus on securing transactions, preventing fraud, and ensuring data protection. Healthcare organizations face similar challenges, with patient data privacy being paramount. Security testing helps ensure compliance with regulations such as HIPAA and protects sensitive medical data from cyber threats. The IT and Telecom industries rely on comprehensive testing for their digital infrastructures, including cloud security and network security, to prevent data breaches and service disruptions. Retail and eCommerce businesses also prioritize application and device security testing to safeguard customer data and secure online transactions, particularly as the number of cyberattacks targeting online platforms increases. The Education sector, increasingly reliant on digital learning platforms and student data, also invests in security testing to protect its IT networks and prevent breaches. As these industries continue to digitalize, the demand for security testing will grow, providing an opportunity for tailored security solutions across various verticals.
Global Security Testing Segment Analysis
In this report, the Global Security Testing Market Growth has been segmented into by Testing Type, Deployment Mode , Organization Size, Vertical, Geography .
Global Security Testing Market, Segmentation by Testing Type
The Global Security Testing Market has been segmented by Testing Type into Application Security Testing, Network Security Testing, Device Security testing and Social Engineering.
Application Security Testing plays a critical role in identifying and mitigating vulnerabilities within software applications, ensuring robust protection against cyber threats. Network Security Testing focuses on evaluating the security of network infrastructure components to prevent unauthorized access and data breaches, while Device Security Testing assesses the security posture of devices such as smartphones, tablets, and IoT devices to mitigate potential exploits and unauthorized access.
Furthermore, Social Engineering testing evaluates human vulnerabilities by simulating cyberattacks to assess the effectiveness of security awareness training and measures. This segmentation enables organizations to tailor their security testing strategies to address specific vulnerabilities and threats within each domain effectively. By leveraging specialized testing methodologies and solutions tailored to each segment, businesses can enhance their overall security posture and mitigate the risks posed by cyber threats more comprehensively.
Global Security Testing Market, Segmentation by Deployment Mode
The Global Security Testing Market has been segmented by Deployment Mode into Cloud and On-premises.
The global security testing market is segmented by deployment mode into Cloud and On-premises, each offering distinct advantages depending on the organization's specific needs and infrastructure. Cloud-based security testing has become increasingly popular due to its flexibility, scalability, and cost-effectiveness. Cloud deployment allows organizations to conduct security tests remotely without the need for extensive on-site infrastructure. It offers easy access to a wide range of security testing tools and services, enabling businesses to scale their testing operations as needed. The cloud model is also ideal for organizations with limited IT resources, as it eliminates the need for dedicated hardware and provides ongoing updates and support, ensuring that security testing stays up-to-date with the latest threats and vulnerabilities.
On the other hand, on-premises security testing offers a higher degree of control over the testing process, making it a preferred option for organizations with specific compliance requirements or those dealing with highly sensitive data. By conducting tests on their own infrastructure, businesses can ensure that their data does not leave their premises, addressing security concerns related to third-party access. This model also allows for customization, enabling organizations to fine-tune their security testing environments to match their unique security needs. However, on-premises testing often requires more upfront investment, as businesses must purchase, install, and maintain the necessary software and hardware.
The choice between cloud and on-premises deployment for security testing ultimately depends on factors such as the size of the organization, the sensitivity of the data being tested, compliance regulations, and budget constraints. Cloud-based security testing is particularly suitable for smaller organizations or those looking for a cost-effective, scalable solution, while on-premises security testing is favored by larger enterprises or industries with strict regulatory requirements, such as finance, healthcare, or government. As cybersecurity threats continue to evolve, both deployment models play a crucial role in helping businesses identify and mitigate vulnerabilities, ensuring the security and integrity of their digital assets.
Global Security Testing Market, Segmentation by Organization Size
The Global Security Testing Market has been segmented by Organization Size into Small and Medium Enterprises (SMES) and Large Enterprises.
Small and Medium Enterprises (SMEs) typically have limited budgets and resources allocated for cybersecurity, making them particularly vulnerable to cyber threats. As a result, security testing solutions tailored to the needs and constraints of SMEs are crucial for enhancing their security posture and safeguarding their digital assets.
On the other hand, Large Enterprises often have more extensive IT infrastructure, higher volumes of sensitive data, and greater exposure to cyber risks due to their size and complexity. Security testing solutions for Large Enterprises need to scale to accommodate their diverse environments and address the sophisticated threats they face. By segmenting the market based on organization size, security testing vendors can develop targeted solutions that cater to the specific requirements and challenges of SMEs and Large Enterprises, enabling organizations of all sizes to effectively mitigate cyber risks and protect their assets.
Global Security Testing Market, Segmentation by Vertical
The Global Security Testing Market has been segmented by Vertical into BFSI, Healthcare, IT, Telecom, Retail and eCommerce, Education and Others.
In the BFSI sector, stringent regulatory requirements and the high value of financial transactions necessitate robust security testing measures to safeguard sensitive customer data and prevent cyber threats such as fraud and identity theft. Similarly, the Healthcare industry faces increasing cybersecurity challenges as it transitions to digital platforms for electronic health records and telemedicine services, requiring rigorous security testing to protect patient confidentiality and comply with healthcare regulations.
In the IT and Telecom sectors, where companies handle vast amounts of data and provide critical infrastructure services, security testing is essential to detect and mitigate vulnerabilities in networks, applications, and communication systems. Additionally, the Retail and eCommerce sector relies heavily on secure online transactions and customer data protection to maintain consumer trust and brand reputation, driving the need for comprehensive security testing solutions.
The Education sector, while traditionally less focused on cybersecurity, is increasingly vulnerable to cyber threats due to the widespread adoption of online learning platforms and digital education tools. By segmenting the market by vertical, security testing vendors can tailor their offerings to address the specific security challenges and compliance requirements unique to each industry, ensuring effective protection against evolving cyber threats.
Global Security Testing Market, Segmentation by Geography
In this report, the Global Security Testing Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Security Testing Market Share (%), by Geographical Region, 2024
North America and Europe, as mature markets with advanced cybersecurity infrastructure and stringent regulatory standards, are expected to hold significant shares in the global security testing market. These regions are characterized by a high level of awareness regarding cybersecurity threats and a strong emphasis on data protection and privacy regulations. In contrast, the Asia Pacific region is witnessing rapid growth driven by increasing digitalization, expanding IT infrastructure, and rising cyber threats.
The Middle East and Africa, along with Latin America, are experiencing growing demand for security testing solutions as businesses and governments invest in cybersecurity measures to address evolving threats and safeguard critical infrastructure. By examining regional nuances and market dynamics, stakeholders can formulate targeted strategies to capitalize on opportunities and navigate challenges in the global security testing market effectively.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Security Testing Market. These factors include; Market Drivers, Restraints and Opportunities Analysis .
Drivers, Restraints and Opportunity Analysis
Drivers :
- Increasing cyber threats
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Rising data breaches - The Global Security Testing Market is witnessing significant growth in response to the rising incidence of data breaches worldwide. With organizations increasingly reliant on digital technologies to store and manage sensitive information, the threat landscape has expanded, leading to a surge in cyberattacks targeting valuable data assets. High-profile data breaches, affecting organizations across various sectors including banking, healthcare, retail, and government, have underscored the critical importance of robust security testing measures to identify and mitigate vulnerabilities before they can be exploited by malicious actors.
Furthermore, the financial and reputational repercussions of data breaches have amplified the urgency for organizations to invest in comprehensive security testing solutions. Beyond the direct costs of data breach remediation, organizations also face regulatory fines, legal liabilities, and damage to brand reputation, highlighting the far-reaching consequences of security lapses. As a result, there is a growing recognition among businesses of all sizes of the need to prioritize cybersecurity and adopt proactive measures such as security testing to protect against data breaches and safeguard sensitive information.
Restraints :
- Skilled workforce shortage
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Cost of security testing - The cost of security testing in the Global Security Testing Market can vary significantly depending on various factors such as the type and scope of testing, the complexity of the systems being tested, and the expertise of the testing team. Generally, security testing services are priced based on factors such as the number of applications, devices, or networks being tested, the level of testing required (e.g., basic vulnerability scans versus comprehensive penetration testing), and the duration of the testing engagement.
Moreover, the cost of security testing may also be influenced by the deployment mode chosen by organizations, with cloud-based solutions often offering subscription-based pricing models that can be more cost-effective for some businesses compared to traditional on-premises deployments. Additionally, factors such as regulatory compliance requirements, industry standards, and the need for specialized skills or certifications among testing personnel can also impact the overall cost of security testing services. Overall, while the cost of security testing may represent a significant investment for organizations, it is essential to consider it as a critical aspect of maintaining cybersecurity resilience and protecting against potential threats and vulnerabilities.
Opportunities :
- Focus on DevSecOps
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Increased demand for managed security testing services - The Global Security Testing Market is witnessing a surge in demand for managed security testing services, reflecting a growing recognition among organizations of the need for comprehensive and proactive security measures. Managed security testing services offer businesses the expertise and resources to continuously monitor, assess, and improve their security posture, without the need for significant in-house investments or expertise.
This increased demand can be attributed to several factors, including the rising sophistication of cyber threats, the proliferation of digital technologies, and the evolving regulatory landscape. As cyberattacks become more frequent and complex, organizations are turning to managed security testing services to strengthen their defenses and mitigate risks effectively. Additionally, the adoption of managed services allows organizations to focus on their core business activities while relying on experienced security professionals to manage their security infrastructure and respond to emerging threats in real-time. Overall, the growing demand for managed security testing services underscores the critical importance of proactive security measures in safeguarding against cyber threats and ensuring the resilience of business operations in today's digital landscape.
Competitive Landscape Analysis
Key players in Global Security Testing Market include;
- IBM
- Secureworks
- Synopsys
- Rapid7
- Micro Focus International Plc
- Cigniti
- At&T
- Whitehat Security
- Veracode (Broadcom)
- Checkmarx (Hellman And Friedman)
- Mcafee
- Core Security (A Help Systems Company)
- Parasoft, Sciencesoft
- Data Theorem
- Kryptowire
- Logrhythm
- Portswigger
- Impactqa
- Nowsecure
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Testing Type
- Market Snapshot, By Deployment Mode
- Market Snapshot, By Organization Size
- Market Snapshot, By Vertical
- Market Snapshot, By Region
- Global Security Testing Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing cyber threats
- Rising data breaches
- Restraints
- Skilled workforce shortage
- Cost of security testing
- Opportunities
- Focus on DevSecOps
- Increased demand for managed security testing services
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Security Testing Market, By Testing Type, 2021 - 2031 (USD Million)
- Application Security Testing
- Network Security Testing
- Device Security testing
- Social Engineering
- Global Security Testing Market, By Deployment Mode, 2021 - 2031 (USD Million)
- Cloud
- On-premises
- Global Security Testing Market, By Organization Size, 2021 - 2031 (USD Million)
- Small and Medium Enterprises (SMES)
- Large Enterprises
- Global Security Testing Market, By Vertical, 2021 - 2031 (USD Million)
- BFSI
- Healthcare
- IT
- Telecom
- Retail and eCommerce
- Education
- Others
- Global Security Testing Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Security Testing Market, By Testing Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- IBM
- Secureworks
- Synopsys
- Rapid7
- Micro Focus International Plc
- Cigniti
- At&T
- Whitehat Security
- Veracode (Broadcom)
- Checkmarx (Hellman And Friedman)
- Mcafee
- Core Security (A Help Systems Company)
- Parasoft
- Sciencesoft
- Data Theorem
- Kryptowire
- Logrhythm
- Portswigger
- Impactqa
- Nowsecure
- Company Profiles
- Analyst Views
- Future Outlook of the Market