Market Research Logo

Penetration Testing Market by Testing Service (Network, Web, Mobile, Social Engineering, Wireless, Embedded Devices and Industrial Control System), Deployment Mode (Cloud and On-Premises), Organization Size, Vertical, and Region - Global Forecast to 2021

Penetration Testing Market by Testing Service (Network, Web, Mobile, Social Engineering, Wireless, Embedded Devices and Industrial Control System), Deployment Mode (Cloud and On-Premises), Organization Size, Vertical, and Region - Global Forecast to 2021

“Increased sophistication level in attacking techniques is driving the growth of the penetration testing market”
MarketsandMarkets estimates the global penetration testing market 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%. The penetration testing market is growing rapidly due to the increased sophistication level of attacking techniques.

“Web application penetration testing to have the largest market size in 2016”
Web application penetration testing is estimated to have the largest market size in 2016 as the increased deployment of web applications and the protection of these application is the prime objective of the organizations. The growth in the web application penetration testing is associated with the rise in security breaches targeting enterprise web applications, where hackers try to gain access to sensitive data. Furthermore, wireless penetration testing will grow at the highest CAGR during the forecast period, due to the rise in Internet of Things (IoT) and Bring Your Own Device (BYOD) trends.

“BFSI vertical to have the highest growth rate during the forecast period”
Penetration testing services have been deployed across various industry verticals, including government & defense, Banking, Financial Services, and Insurance (BFSI), IT & telecom, healthcare, retail, and others. The BFSI vertical is expected to witness the highest CAGR during the forecast period because of the increasing adoption of web and mobile applications, which are prone to advanced cyber-attacks.

“Asia-Pacific (APAC) is expected to have the highest growth rate during the forecast period”
APAC includes emerging economies, such as India and China, which are rapidly deploying penetration testing services. This is mainly due to the digitization of businesses and adoption of cloud services by small, medium, and large enterprises in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the penetration testing market place.
By Company Type: Tier 1: 27%, Tier 2: 48%, Tier 3: 25%
By Designation: C-Level: 16%, Director Level: 72%, Others: 12%
By Region: North America: 57%, Europe: 16%, Asia-Pacific: 15%, ROW: 12%
The report includes the study of key players offering penetration testing services; Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Rapid7, Inc. (U.S.), Qualys, Inc.(U.S.), Veracode (U.S.), Trustwave Holdings, Inc. (U.S.), Acunetix (Malta), Cigital, Inc. (U.S.), WhiteHat Security (U.S.), and Checkmarx (Israel) are some of the companies profiled in the report. The report includes in-depth competitive analysis of these key players in the penetration testing market, with their company profiles, SWOT analysis, recent developments, and key market strategies.

Objective of the Study
To define, describe, and forecast the global penetration testing market on the basis of testing services, organization sizes, deployment modes, verticals, and regions
To provide a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To analyze the opportunities in the market for the stakeholders and detail the competitive landscape for the market leaders
To forecast the market size of the various market segments with respect to the regions of North America, Europe, APAC, MEA, and Latin America
To track and analyze competitive developments such as partnerships and collaborations, mergers and acquisitions, and new product launches in the penetration testing market

The target audiences of the penetration testing market report are given below:
Penetration testing tool providers
Penetration testing service providers
Network solution providers
Network administrators
Application developers
System integrators
Resellers
Managed service providers
Cyber security consulting firms

Scope of the Report
The research report categorizes the penetration testing market to forecast the revenues and analyze the trends in each of the following subsegments:
By Testing Service
Network penetration testing
Web application penetration testing
Mobile application penetration testing
Social engineering
Wireless penetration testing
Others

By Deployment Mode
Cloud
On-premises
By Organization Size
Small and Medium Enterprises (SMEs)
Large enterprises
By Industry Vertical
Government and defense
Banking, Financial Services, and Insurance (BFSI)
IT and telecom
Healthcare
Retail
Others
By Region
North America
Europe
MEA
APAC
Latin America


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table PENETRATION TESTING MARKET SIZE AND GROWTH RATE, 2014-2021 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE PENETRATION TESTING MARKET
    • PENETRATION TESTING MARKET: DEPLOYMENT MODE
    • PENETRATION TESTING MARKET, BY REGION AND VERTICAL
    • PENETRATION TESTING MARKET POTENTIAL
    • LIFECYCLE ANALYSIS, BY REGION, 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY TESTING SERVICE
      • BY DEPLOYMENT MODE
      • BY ORGANIZATION SIZE
      • BY VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • REGULATORY IMPLICATIONS
      • PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI-DSS)
      • HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)
      • FEDERAL INFORMATION SECURITY MANAGEMENT ACT (FISMA)
      • GRAMM-LEACH-BLILEY ACT (GLB ACT)
      • SARBANES-OXLEY ACT (SOX)
    • INNOVATION SPOTLIGHT
      • Table INNOVATION SPOTLIGHT: LATEST APPLICATION SECURITY INNOVATIONS
  • PENETRATION TESTING MARKET ANALYSIS, BY TESTING SERVICE
    • INTRODUCTION
      • Table PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
    • NETWORK PENETRATION TESTING
      • Table NETWORK PENETRATION TESTING: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • WEB APPLICATION PENETRATION TESTING
      • Table WEB APPLICATION PENETRATION TESTING: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MOBILE APPLICATION PENETRATION TESTING
      • Table MOBILE APPLICATION PENETRATION TESTING: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SOCIAL ENGINEERING
      • Table SOCIAL ENGINEERING: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • WIRELESS PENETRATION TESTING
      • Table WIRELESS PENETRATION TESTING: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PENETRATION TESTING MARKET ANALYSIS, BY DEPLOYMENT MODE
    • INTRODUCTION
      • Table PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
    • CLOUD
      • Table CLOUD: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PENETRATION TESTING MARKET ANALYSIS, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
    • SMALL AND MEDIUM ENTERPRISES
      • Table SMALL AND MEDIUM ENTERPRISES: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PENETRATION TESTING MARKET ANALYSIS, BY VERTICAL
    • INTRODUCTION
      • Table PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • GOVERNMENT AND DEFENSE
      • Table GOVERNMENT AND DEFENSE: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • IT AND TELECOM
      • Table IT AND TELECOM: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HEALTHCARE
      • Table HEALTHCARE: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RETAIL
      • Table RETAIL: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table PENETRATION TESTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
      • Table EUROPE: PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
      • Table EUROPE: PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table EUROPE: PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: PENETRATION TESTING MARKET SIZE, BY TESTING SERVICE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: PENETRATION TESTING MARKET SIZE, BY DEPLOYMENT MODE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: PENETRATION TESTING MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: PENETRATION TESTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION AND TRENDS
      • AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2015-2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2016
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015-2016
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2013-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • HEWLETT PACKARD ENTERPRISE (HPE)
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
        • Table THE COMPANY OFFERS THE FOLLOWING SERVICES IN THE PENETRATION TESTING MARKET:
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTERNATIONAL BUSINESS MACHINES (IBM) CORPORATION
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RAPID7, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
        • Table THE COMPANY OFFERS THE FOLLOWING SERVICES IN THE PENETRATION TESTING MARKET:
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • QUALYS, INC.
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VERACODE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TRUSTWAVE HOLDINGS, INC.
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • ACUNETIX
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • CIGITAL, INC.
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • WHITEHAT SECURITY, INC.
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • CHECKMARX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
  • KEY INNOVATORS
    • PORTSWIGGER LTD.
    • SYNOPSYS, INC.
    • CONTRAST SECURITY
  • APPENDIX
    • OTHER DEVELOPMENTS
      • OTHER DEVELOPMENTS: PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table OTHER DEVELOPMENTS: PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2013-2015
      • OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES
        • Table OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES, 2013-2014
    • INDUSTRY EXCERPTS
    • DISCUSSION GUIDE
    • INTRODUCTION RT: REAL-TIME MARKET INTELLIGENCE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report