DUBLIN – (COMMERCIAL THREAD) – The report “Dynamic Application Security Testing Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” has been added to ResearchAndMarkets.com offer.
The Dynamic Application Security Testing (DAST) market is expected to grow at a CAGR of 24.3% during the forecast period (2021-2026).
The growing number of web applications and mobile applications requiring faster deployment, the robust maintenance of these applications and the continuous increase in cyber attacks are some of the major growth factors of the market.
The rapid adoption of cloud infrastructure and third-party applications, the trend towards open banking has led to more emphasis on application security testing. Big players in the BFSI industry are reorganizing access to third party data due to security threats. For example, in January 2020, JPMorgan Chase announced that it would block third-party apps from accessing customer passwords.
In February 2020, London-based Finastra, one of the largest fintech companies, mentioned its partnership with Synopsis for the adoption of cloud-based security solutions for all of its online banking applications. To date, Finastra has a customer base of over 9,000 banks and financial institutions.
In addition, mobile banking malware requires little technical knowledge to develop and even less to operate. The malware searches for a banking app on the infected device and creates a fake overlay page once the user opens it. The user will then enter the user’s credentials, sending them directly to the attacker’s server. The increasing sophistication of cyber attacks has also led to increased adoption of security testing solutions.
The dynamic application security testing market is moderately fragmented owing to the presence of global players in the market. Automating the testing process with the integration of AI and machine learning is expected to provide a sustainable competitive advantage for gamers. The high investment and the technology required are significant obstacles to the entry of new players into the market.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s Five Forces Analysis
4.4 Market drivers
4.4.1 Growing adoption of third-party applications
4.4.2 Increasing the level of sophistication of cyber attacks
4.5 Market challenges
4.5.1 High deployment costs and the need to rapidly deploy applications to end users
5 IMPACT OF COVID-19 ON THE PLASTIC PACKAGING INDUSTRY?
6 MARKET SEGMENTATION
6.1 By type
6.2 By application
6.2.1 Web application security
6.2.2 Mobile application security
6.3 By end user vertical
6.3.1 IT and Telecom
6.3.2 Banks, financial services and insurance
6.3.3 Health care
6.3.4 Government and Defense
7 COMPETITIVE LANDSCAPE
7.1 Company profiles
7.1.1 IBM Company
7.1.2 Micro Focus International PLC
7.1.3 Synopsys, Inc.
7.1.4 Veracode, Inc.
7.1.5 WhiteHat Security, Inc.
7.1.6 Accenture PLC
7.1.7 Pradeo Security Systems SAS
7.1.8 Rapid7 inc.
7.1.9 Tieto Company
7.1.10 Trustwave Holdings, Inc.
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
For more information on this report, visit https://www.researchandmarkets.com/r/enaivq