What Growth Outlook Does the Global Application Security Market Propose?
The global application security market size has consistently grown with an expected increase from $13.62 billion in 2024 to $16.61 billion in 2025, witnessing a compound annual growth rate (CAGR) of 21.9%. The growth in the historical period is a reflection of rising security awareness, escalating cybersecurity threat landscapes, increasing sophistication and frequency of attacks, and the threat of insider privilege abuse.
The application security market is anticipated to continue its exponential growth, predicted to reach $41.8 billion by 2029 at a CAGR of 26.0%. The forecasted growth is attributed to developments in supply chain security, enhanced multi-factor authentication, continuous security testing, focus on insider threat mitigation, and unified security platforms. The major trends forecasted in this period include a shift toward left security, DevSecOps integration, runtime application self-protection, automated security testing, supply chain security, and user and data-centric security.
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What Drives the Growth of the Application Security Market?
The rise in security breaches at the business application level has directly contributed to the expansion of the application security market. Application security works to enhance the security of web and mobile-based applications, mitigating breaches at the application level. The Cyber Security Hub, a community of U.S-based cyber and IT security professionals, reported approximately 4,100 public data breaches in December 2022, compromising almost 22 billion pieces of information. Hence, the escalating security breaches at business application levels are propelling the application security market.
What Are the Main Segments of the Application Security Market?
1) By Solution: Web Application Security, Mobile Application Security
2) By Testing Type: Static Application Security Testing, Dynamic Application Security Testing, Interactive Application Security Testing
3) By End-User: BFSI, IT and Telecommunication, Government and Defense, Healthcare, Retail, Education, Other End Users
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Who Are the Major Players in the Application Security Market?
The application security market comprises major companies such as International Business Machines Corporation, Synopsys Inc., Checkmarx Ltd., Veracode Inc., Micro Focus International plc, WhiteHat Security Inc., Rapid7 Inc., Contrast Security Inc., Qualys Inc., Trustwave Holdings Inc., Acunetix Limited, HCL Technologies Limited, Cisco Systems Inc., Capgemini SE, Onapsis Inc., GitLab Inc., CAST, VMware Inc., OneSpan Inc., Imperva Inc., F5 Networks Inc., NowSecure Inc., Pradeo Security Systems, Lookout Inc., Data Theorem Inc., Zimperium Inc., Kryptowire LLC, Appthority Inc., NSFocus Information Technology Co. Ltd., N-Stalker Inc., Oracle Corporation, SiteLock LLC, Fasoo. com Inc., Apriorit Inc., UnderDefense LLC, Exodata S. A. S, Palo Alto Networks Inc., McAfee LLC, Microsoft Corporation, CrowdStrike Inc., OneTrust Inc., Fortinet Inc., WhiteSource Software Ltd., SecureLink Inc., Appknox.
What Are the Emerging Trends in the Application Security Market?
Emerging trends in the market highlight the use of artificial intelligence (AI) and machine learning (ML) to prevent attacks on web or mobile-based applications. AI can autonomously and continuously train itself, gather enterprise data, analyze patterns, and solve cyberattack-related issues. As an example, Legit Security, a U.S-based SaaS company, launched the Legit AI Security Command Center in August 2024. This center offers a centralized dashboard enabling application and product security teams to monitor and manage AI attack surfaces efficiently, minimizing risks associated with malicious and vulnerable AI implementations.
Which Region Leads in the Application Security Market?
In 2024, North America was the largest region in the application security market, followed by Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What is the Application Security Market Report 2025 Offering?
The application security process involves creating, incorporating, and testing security measures within applications to guard against threats such as illegal access and modification. It also includes tools and methodologies to protect applications post-deployment. Only goods and services traded between entities or sold to end consumers are included in the market scope. This report also offers crucial data on global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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