Dynamic Application Security Testing Market in the Asia Pacific 2010-2014

Technavio’s analysts forecast the Dynamic Application Security Testing (DAST) market in the APAC region to grow at a CAGR of 33.6 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increasing dependence on web applications and websites for critical business processes. The DAST market in the APAC region has also been witnessing the adoption of cloud- and SaaS-based models. However, low technological knowledge and awareness about DAST solutions in the APAC region could pose a challenge to the growth of this market. Key vendors dominating this market include IBM Corp., Hewlett-Packard Co., Cenzic Inc., WhiteHat Security Inc., Parasoft Corp., and Veracode Inc. Technavio’s Dynamic Application Security Testing Market in the Asia Pacific Region 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses specifically on the APAC region and covers the DAST market landscape and its growth prospects. Further, the report covers the vendors that provide DAST solutions to end-users in the APAC region. The report takes into account both the software/license and service revenue from the DAST vendors. In addition, the report includes companies that might have collaborated with pure-play DAST providers and purchased solutions from them but provide the solution as their own. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

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Increased Web Application-specific Attacks Encouraging Adoption of DASTA recently published report by Technavio, specialists in emerging technologies market research, reveals that the Dynamic Application Security Testing (DAST) market in the Asia Pacific (APAC) region is expected to grow at a CAGR of 33.6 percent over the period 2010-2014. The report, which focuses on the APAC region exclusively, indicates that the market is being driven by the alarming increase in the number of web application-specific attacks.According to Technavio’s industry analyst, “With the increasing complexity and growing dependence on websites and web applications, there is an exponential increase in web application-specific attacks. By the end of 2012, 75-80 percent of the web attacks are expected to be targeted towards web applications. Since DAST solutions offer holistic security, several companies are increasingly adopting DAST solutions to secure their web applications.”The report also highlights that the availability of inexpensive security solutions is hindering the growth of this market. However, the increasing dependency on web applications for critical business processes is expected to drive the market. This market is also marked by the growing availability of DAST-as-a-service option. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.Technavio’s report, Dynamic Application Security Testing Market in the Asia Pacific Region 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.Companies mentioned in this report include IBM Corp., Hewlett-Packard Co., Cenzic Inc., WhiteHat Security Inc., Parasoft Corp. and Veracode Inc.