Security Testing Market Share, Size, Trends, Industry Analysis Report, By Type (Application Security, Network Security, Device Security, and Others); By Deployment Mode; By Size of Enterprise; By Industry Vertical; By Region; Segment Forecast, 2023 - 2032

The global security testing market size is expected to reach USD 56.02 billion by 2034, according to a new study by Polaris Market Research. The report “Security Testing Market Share, Size, Trends, Industry Analysis Report, By Type (Application Security, Network Security, Device Security, and Others), By Deployment Mode, By Size of Enterprise, By Industry Vertical, By Region -Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Software security testing is a critical process that aims to uncover vulnerabilities, threats, and risks within a software application. By examining the system, it effectively helps mitigate the risk of information loss, revenue loss, and damage to the organization's reputation. This is important for businesses of all sizes, from small to large-scale enterprises, as it helps pinpoint potential weaknesses and loopholes in the software system, whether from internal or external sources.

The global security testing market is experiencing a surge due to the growing reliance on web and mobile-based critical business applications, which necessitates heightened endpoint protection. Enterprises are taking measures to ramp up security to thwart financial losses resulting from increasingly sophisticated cyberattacks. Additionally, stringent government regulations mandating the adoption of security testing solutions and services are propelling market growth.

However, there are still challenges that need to be addressed, such as a shortage of skilled security professionals and the high costs associated with conducting security tests. Nevertheless, the rise in cloud-based security testing adoption, along with advancements in technologies like DevOps, DevSecOps, and Agile in software security testing, is poised to provide lucrative opportunities for market expansion in the forecast period.

Cloud-based security testing solutions are becoming increasingly popular due to their scalability and cost-effectiveness. As emerging technologies such as IoT and blockchain gain prominence, specialized testing services become essential. The growth of the market is further driven by the continuous evolution of cyber threats, which makes security testing an indispensable investment for organizations that want to strengthen their digital infrastructure and maintain customer trust.

Security Testing Market Report Highlights

The application security segment is expected to grow at the highest CAGR during the projected period on account of increasing security measures from threats of cybersecurity

Cloud segment accounted for the largest market share in 2024, which is mainly driven by higher performance and flexibility

Small and medium Enterprises segment held a significant market revenue share in 2024, mainly due to better affordability and flexibility

The BFSI segment accounted for the largest market share in 2024, owing to stringent compliance standards in this sector

North America region dominated the market with a majority share in 2024, owing to exponential growth in technology and rising R&D investments

The global key market players include Accenture PLC, Cognizant Technology Solutions Corporation, DXC Technology Company, IBM Corporation, Micro Focus International plc

Polaris Market Research has segmented the security testing market report based on type, deployment mode, size of enterprise, industry vertical, and region:

Security Testing, Type Outlook (Revenue - USD Billion, 2020 - 2034)

Application Security

Network Security

Device Security

Others

Security Testing, Deployment Mode Outlook (Revenue - USD Billion, 2020 - 2034)

Cloud

On-Premises

Security Testing, Size of Enterprise Outlook (Revenue - USD Billion, 2020 - 2034)

Small & Medium Enterprises

Large Enterprises

Security Testing, Industry Vertical Outlook (Revenue - USD Billion, 2020 - 2034)

IT & Telecom

BFSI

Healthcare

E-Commerce & Retail

Others

Security Testing, Regional Outlook (Revenue - USD Billion, 2020 - 2034)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa Show more