Application Security Market Is Expected To Grow At A CAGR Of Over 25% During 2022-2027
Global Application Security Market is expected to grow at a CAGR of over 25% during 2022-2027 owing to growing targeted attacks on the applications, growing security breaches at business application level and growing risk factors for mobile-based applications have increased the security needs for applications. Based on testing type, the market has been segmented into SAST, DAST and IAST. The IAST (Interactive Application Security Testing) segment is expected to grow at a highest CAGR during 2022-2027 since, it allows greater exposure of internal and external weaknesses in the applications, which might fault the applications. The key player in the market are WhiteHat Security, Veracode, Trustwave and many more. Moreover, North America region dominates the Application Security market in 2021 and is also expected to maintain its dominance over the next five years as well due to the region focuses on innovations and is investing heavily on its research & development technologies....