Asia Pacific Application Security Market Forecast 2021-2028

Asia Pacific Application Security Market Forecast 2021-2028

The Asia Pacific application security market is set to record a CAGR of 17.99% during the forecast period, 2021-2028. The lack of cybercrime legislation and awareness and knowledge of basic security in the region makes it vulnerable to digital thefts. This is also one of the major reasons for malware attacks like ransomware. Such factors present market growth opportunities.

Indonesia, Japan, India, South Korea, China, Australia & New Zealand, Vietnam, Thailand, Singapore, and Rest of Asia Pacific are evaluated for the Asia Pacific application security market growth assessment. In Japan, companies' growing focus on the threats associated with access to corporate resources below security levels is one of the market growth drivers. There are also several regulations in place for curbing security breaches. Also, businesses in critical infrastructure are investing to safeguard their models, given the cybersecurity threats. Further, the government introduced a Basic Act on Cybersecurity. It established the National Centre of Incident Readiness and Strategy for Cybersecurity (NISC). Such factors enable market growth in Japan.
In countries like Indonesia, most businesses have low security awareness, and hence penetration testing becomes a necessity in the country. The government collaborated with the US in 2018 to promote strong cyberspace co-operation. Further, in Vietnam, rapid technological developments have facilitated the access and sharing of information on the internet. This has also made the country vulnerable to sophisticated cyber-attacks. Moreover, cashless payments are surging in the country, doubling in value in the first three quarters of 2018. The shifting preference to digital payments, the growing penetration of smartphones and the internet, the thriving e-commerce industry, and the surging need for immediate transactions, are the important factors propelling market growth in Vietnam.

Some of the eminent companies in the market are Synopsys, Trustwave, Veracode, Whitehat Security, Sitelock, Rapid7 Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis: Security Testing
3.2. Key Drivers
3.2.1. Rise Of Cyber Breaches
3.2.2. Outsourced It Models
3.2.3. Stringent By-laws And Compliance Requirement
3.3. Key Restraints
3.3.1. Lack Of Expertise In Application Security
3.3.2. Budget Constraints For Implementing Application Security
4. Key Analytics
4.1. Impact Of Covid-19 On Application Security Market
4.2. Key Investment Insights
4.3. Porter’s Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Solution
5.1. Web Application Security
5.2. Mobile Application Security
6. Market By Service
6.1. Managed
6.2. Professional
7. Market By Deployment
7.1. Cloud
7.2. On Premise
8. Market By Organization Size
8.1. Small And Medium Enterprise
8.2. Large Enterprise
9. Market By Testing Type
9.1. Sast
9.2. Dast
9.3. Iast
9.4. Rasp
9.5. Others
10. Market By End-user
10.1. Bfsi
10.2. Government And Defense
10.3. Healthcare
10.4. It & Telecom
10.5. Manufacturing
10.6. Retail
10.7. Others
11. Geographical Analysis
11.1. Asia Pacific
11.1.1. Key Growth Enablers
11.1.2. Key Challenges
11.1.3. Key Players
11.1.4. Country Analysis China Japan India South Korea Indonesia Thailand Vietnam Australia & New Zealand Singapore Rest Of Asia Pacific
12. Competitive Landscape
12.1. Key Strategic Developments
12.1.1. Product Launch & Developments
12.1.2. Partnership, Contract/Agreement & Collaboration
12.1.3. Business Expansion
12.2. Company Profiles
12.2.1. Ibm Corporation
12.2.2. Acunetix
12.2.3. Checkmarx
12.2.4. Contrast Security
12.2.5. Hewlett Packard Enterprise
12.2.6. Nsfocus
12.2.7. N-stalker
12.2.8. Pradeo
12.2.9. Qualys Inc
12.2.10. Rapid7 Inc
12.2.11. Sitelock
12.2.12. Synopsys
12.2.13. Trustwave
12.2.14. Whitehat Security
12.2.15. Veracode

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