LATIN AMERICA SECURITY TESTING MARKET 2021-2028
MARKET OUTLOOK
Triton Market Research’s report anticipated that the Latin American security testing market would surge at a CAGR of 24.97% during the projected phase 2021-2028. Mexico, Brazil, and Rest of Latin America outline the market in this region.
In Rest of Latin America, Argentina is transforming to form a digitalized infrastructure, and has witnessed numerous cyber attacks over the years. The Personal Data Protection Law is the most comprehensive statutory regulation in the country, which mandates that the data subject must approve any treatment of personal data. Moreover, the government and organizations are realizing the importance of forming strategies to protect confidential data from the surging cyber attacks. Hence, the Argentina government has made cybersecurity policies a major priority, which influences the demand for security testing solutions. Therefore, as stated above, these factors are expected to propel the security testing market on a positive growth trajectory.
In Mexico, the government is taking steps to grow its cybersecurity sector, reducing the threat of cyber attacks. Besides, the country has established the National Institute of Transparency, Access to Information and Protection of Personal Data, to safeguard information transparency and data monitoring. Moreover, this institute is required to be given economic and logistical support to concentrate on tools, resources, and expertise to deal with cyber attacks. This institute helps keep the government accountable for its actions. Such developments stimulate the demand for security testing solutions, simultaneously generating several new opportunities for the security testing market across Mexico.
COMPETITIVE OUTLOOK
The leading companies in the security testing market comprise Core Security Technologies Inc, IBM Corporation, Paladion Networks Pvt Ltd, Offensive Security LLC, Rapid7, McAfee LLC, and Veracode Inc.
- 1. LATIN AMERICA SECURITY TESTING MARKET - SUMMARY
- 2. INDUSTRY OUTLOOK
- 2.1. KEY INSIGHTS
- 1.1.1. STRINGENT SECURITY REGULATIONS AGAINST CYBER BREACHES
- 1.1.2. SURGE IN ADOPTION OF BYOD IN WORKPLACES
- 1.1.3. USAGE OF ARTIFICIAL INTELLIGENCE IN SECURITY APPLICATIONS
- 1.2. PORTER’S FIVE FORCES ANALYSIS
- 1.1.1. THREAT OF NEW ENTRANTS
- 1.1.2. THREAT OF SUBSTITUTE
- 1.1.3. BARGAINING POWER OF SUPPLIERS
- 1.1.4. BARGAINING POWER OF BUYERS
- 1.1.5. THREAT OF COMPETITIVE RIVALRY
- 1.1. MARKET ATTRACTIVENESS INDEX
- 1.2. VENDOR SCORECARD
- 1.3. KEY MARKET STRATEGIES
- 1.3.1. MERGERS & ACQUISITIONS
- 1.3.2. PRODUCT LAUNCH & DEVELOPMENTS
- 1.3.3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- 1.4. MARKET DRIVERS
- 1.1.1. SURGE IN SECURITY THREATS
- 1.1.2. GOVERNMENT REGULATIONS DRIVING SECURITY NEEDS
- 1.1.3. GROWING NETWORK ATTACKS
- 1.2. MARKET RESTRAINTS
- 1.1.1. LACK OF TESTING KNOWLEDGE
- 1.1.2. LACK OF SKILLED CYBER SECURITY PERSONNEL
- 1.2. MARKET OPPORTUNITIES
- 1.1.1. INCREASE IN ADOPTION OF CLOUD-BASED SERVICES
- 1.1.2. CHANGING BUSINESS ENVIRONMENTS
- 1.1.3. SURGE IN IOT CONNECTIONS
- 2. LATIN AMERICA SECURITY TESTING MARKET OUTLOOK - BY DEPLOYMENT MODE
- 2.1. ON-PREMISE
- 2.2. CLOUD
- 3. LATIN AMERICA SECURITY TESTING MARKET OUTLOOK - BY TYPE
- 3.1. NETWORK SECURITY TESTING
- 1.1.1. FIREWALL TESTING
- 1.1.2. VPN TESTING
- 1.1.3. OTHER SERVICE TYPES
- 1.2. APPLICATION SECURITY TESTING
- 1.1.1. MOBILE APPLICATION SECURITY TESTING
- 1.1.2. WEB APPLICATION SECURITY TESTING
- 1.1.3. CLOUD APPLICATION SECURITY TESTING
- 1.1.4. ENTERPRISE APPLICATION SECURITY TESTING
- 1.2. TESTING TYPE
- 1.1.1. STATIC APPLICATION SECURITY TESTING
- 1.1.2. DYNAMIC APPLICATION SECURITY TESTING
- 1.1.3. INTERACTIVE APPLICATION SECURITY TESTING
- 1.1.4. RUNTIME APPLICATION SELF PROTECTION
- 2. LATIN AMERICA SECURITY TESTING MARKET OUTLOOK - BY TESTING TOOLS
- 1.1. WEB APPLICATION TESTING TOOL
- 1.2. CODE REVIEW TOOL
- 1.3. PENETRATION TESTING TOOL
- 1.4. SOFTWARE TESTING TOOL
- 1.5. OTHER TESTING TOOLS
- 2. LATIN AMERICA SECURITY TESTING MARKET OUTLOOK - BY END-USER
- 1.1. GOVERNMENT
- 1.2. BFSI
- 1.3. HEALTHCARE
- 1.4. MANUFACTURING
- 1.5. IT & TELECOM
- 1.6. RETAIL
- 1.7. OTHER END-USER INDUSTRIES
- 2. LATIN AMERICA SECURITY TESTING MARKET – REGIONAL OUTLOOK
- 2.1. BRAZIL
- 2.2. MEXICO
- 2.3. REST OF LATIN AMERICA
- 3. COMPETITIVE LANDSCAPE
- 3.1. CORE SECURITY TECHNOLOGIES INC
- 3.2. IVIZ SECURITY INC
- 3.3. OFFENSIVE SECURITY LLC
- 3.4. APPLAUSE APP QUALITY INC
- 3.5. ACCENTURE PLC
- 3.6. CISCO SYSTEMS INC
- 3.7. HEWLETT-PACKARD COMPANY
- 3.8. IBM CORPORATION
- 3.9. MCAFEE LLC
- 3.10. VERACODE INC
- 3.11. CONTROLCASE LLC
- 3.12. PALADION NETWORKS PVT LTD
- 3.13. MAVERIC SYSTEMS LTD
- 3.14. CHECKMARX LTD
- 3.15. RAPID7
- 4. METHODOLOGY & SCOPE
- 4.1. RESEARCH SCOPE & DELIVERABLES
- 4.2. SOURCES OF DATA
- 4.3. RESEARCH METHODOLOGY
- LIST OF TABLES
- TABLE 1: LATIN AMERICA SECURITY TESTING MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- TABLE 2: MARKET ATTRACTIVENESS INDEX
- TABLE 3: VENDOR SCORECARD
- TABLE 4: LATIN AMERICA SECURITY TESTING MARKET, BY DEPLOYMENT MODE, 2021-2028 (IN $ MILLION)
- TABLE 5: LATIN AMERICA SECURITY TESTING MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
- TABLE 6: LATIN AMERICA SECURITY TESTING MARKET, BY NETWORK SECURITY TESTING, 2021-2028 (IN $ MILLION)
- TABLE 7: LATIN AMERICA SECURITY TESTING MARKET, BY APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- TABLE 8: LATIN AMERICA SECURITY TESTING MARKET, BY TESTING TYPE, 2021-2028 (IN $ MILLION)
- TABLE 9: LATIN AMERICA SECURITY TESTING MARKET, BY TESTING TOOLS, 2021-2028 (IN $ MILLION)
- TABLE 10: LATIN AMERICA SECURITY TESTING MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
- TABLE 11: LATIN AMERICA SECURITY TESTING MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- LIST OF FIGURES
- FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
- FIGURE 2: LATIN AMERICA SECURITY TESTING MARKET, BY ON-PREMISE, 2021-2028 (IN $ MILLION)
- FIGURE 3: LATIN AMERICA SECURITY TESTING MARKET, BY CLOUD, 2021-2028 (IN $ MILLION)
- FIGURE 4: LATIN AMERICA SECURITY TESTING MARKET, BY NETWORK SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 5: LATIN AMERICA SECURITY TESTING MARKET, BY FIREWALL TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 6: LATIN AMERICA SECURITY TESTING MARKET, BY VPN TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 7: LATIN AMERICA SECURITY TESTING MARKET, BY OTHER SERVICE TYPES, 2021-2028 (IN $ MILLION)
- FIGURE 8: LATIN AMERICA SECURITY TESTING MARKET, BY APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 9: LATIN AMERICA SECURITY TESTING MARKET, BY MOBILE APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 10: LATIN AMERICA SECURITY TESTING MARKET, BY WEB APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 11: LATIN AMERICA SECURITY TESTING MARKET, BY CLOUD APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 12: LATIN AMERICA SECURITY TESTING MARKET, BY ENTERPRISE APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 13: LATIN AMERICA SECURITY TESTING MARKET, BY TESTING TYPE, 2021-2028 (IN $ MILLION)
- FIGURE 14: LATIN AMERICA SECURITY TESTING MARKET, BY STATIC APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 15: LATIN AMERICA SECURITY TESTING MARKET, BY DYNAMIC APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 16: LATIN AMERICA SECURITY TESTING MARKET, BY INTERACTIVE APPLICATION SECURITY TESTING, 2021-2028 (IN $ MILLION)
- FIGURE 17: LATIN AMERICA SECURITY TESTING MARKET, BY RUNTIME APPLICATION SELF PROTECTION, 2021-2028 (IN $ MILLION)
- FIGURE 18: LATIN AMERICA SECURITY TESTING MARKET, BY WEB APPLICATION TESTING TOOL, 2021-2028 (IN $ MILLION)
- FIGURE 19: LATIN AMERICA SECURITY TESTING MARKET, BY CODE REVIEW TOOL, 2021-2028 (IN $ MILLION)
- FIGURE 20: LATIN AMERICA SECURITY TESTING MARKET, BY PENETRATION TESTING TOOL, 2021-2028 (IN $ MILLION)
- FIGURE 21: LATIN AMERICA SECURITY TESTING MARKET, BY SOFTWARE TESTING TOOL, 2021-2028 (IN $ MILLION)
- FIGURE 22: LATIN AMERICA SECURITY TESTING MARKET, BY OTHER TESTING TOOLS, 2021-2028 (IN $ MILLION)
- FIGURE 23: LATIN AMERICA SECURITY TESTING MARKET, BY GOVERNMENT, 2021-2028 (IN $ MILLION)
- FIGURE 24: LATIN AMERICA SECURITY TESTING MARKET, BY BFSI, 2021-2028 (IN $ MILLION)
- FIGURE 25: LATIN AMERICA SECURITY TESTING MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
- FIGURE 26: LATIN AMERICA SECURITY TESTING MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)
- FIGURE 27: LATIN AMERICA SECURITY TESTING MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)
- FIGURE 28: LATIN AMERICA SECURITY TESTING MARKET, BY RETAIL, 2021-2028 (IN $ MILLION)
- FIGURE 29: LATIN AMERICA SECURITY TESTING MARKET, BY OTHER END-USER INDUSTRIES, 2021-2028 (IN $ MILLION)
- FIGURE 30: LATIN AMERICA SECURITY TESTING MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
- FIGURE 31: CYBER ATTACKS (%), BY COUNTRY, LATIN AMERICA
- FIGURE 32: BRAZIL SECURITY TESTING MARKET 2021-2028 (IN $ MILLION)
- FIGURE 33: MEXICO SECURITY TESTING MARKET 2021-2028 (IN $ MILLION)
- FIGURE 34: REST OF LATIN AMERICA SECURITY TESTING MARKET 2021-2028 (IN $ MILLION)