The static analysis global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Static Analysis Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The static analysis market size has grown rapidly in recent years. It will grow from $1.35 billion in 2023 to $1.59 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to increasing software complexity, stringent regulatory standards, shift left in software development, integration with development environments, open-source software proliferation.
The static analysis market size is expected to see rapid growth in the next few years. It will grow to $2.99 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to adoption of devops practices, increased emphasis on software security, rapid growth in iot development, ai and machine learning integration, compliance with privacy regulations, shift to microservices architecture. Major trends in the forecast period include collaborative development and code reviews, shift from on-premises to cloud-based solution, compliance and standards adherence, growing cybersecurity concerns, focus on security vulnerability detection.
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Scope Of Static Analysis Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Static Analysis Market Overview
Market Drivers –
The rising number of cyber threats is expected to propel the growth of the static analysis market going forward. A cyber threat refers to any potential or actual malicious activity or event in the digital realm that poses a risk to computer systems, networks, data, or digital infrastructure. Static analysis is an important technique for discovering and thwarting cyber threats as it finds vulnerabilities in the source code before the program is made public. It examines the source code and scans a program for security flaws before the code is generated, making it vulnerable to attack. For instance, in November 2022, according to the Australian Cyber Security Center, an Australia-based government agency, the number of cybercrime reports received in 2022 was 76,000, up from 13% the previous year. Therefore, the rising number of cyber threats is driving the growth of the static analysis market.
Market Trends –
Major companies operating in the static analysis market are innovating new technological solutions such as CI Spark to increase their profitability in the market. CI Spark is a novel approach to software security testing that leverages large language models (LLMs) and self-learning AI to cut the time it takes to build tests by a factor of 15. For instance, in September 2023, Code Intelligence GmbH, a Germany-based software company unveiled a new LLM-powered software security testing solution called CI Spark for assessing software security. CI Spark employs LLMs to detect attack surfaces automatically, generate fuzz tests, and suggest test codes. A broad collection of prompts is used to direct the solution in identifying security-critical tasks and automatically creating high-quality tests for them. Code Intelligence GmbH’s business growth may be aided by CI Spark’s automation, efficiency, scalability, and creativity.
The static analysis market covered in this report is segmented –
1) By Component: Software, Services, Consulting, Support And Maintainance, Training And Education
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
3) By End User: Information Technology And Telecom, Banking, Financial Services and Insurance (BFSI), Manufacturing, Retail, Government And Defense, Other End Users
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Regional Insights –
North America was the largest region in the static analysis market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the static analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the static analysis market report are Google LLC, Microsoft Corporation, Synopsys Inc., Fortinet Inc., Open Text Corporation, Micro Focus International plc, Verint Systems Inc., Rapid7, Bugcrowd, Qualys Inc., Checkmarx Ltd., Idera Inc., Jet Brains s.r.o, Trustwave Holdings, Perforce Software Inc., SonarSource S.A., Veracode, Contrast Security Inc., McAfee Corp., CAST Software Inc., RIPS Technologies GmbH, Parasoft Corporation, GrammaTech Technologies, Acunetix, Secure Code Warrior Limited, Embold Technologies GmbH, ImmuniWeb, VerSprite LLC, Code Dx Inc.
Table of Contents
1. Executive Summary
2. Static Analysis Market Report Structure
3. Static Analysis Market Trends And Strategies
4. Static Analysis Market – Macro Economic Scenario
5. Static Analysis Market Size And Growth
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27. Static Analysis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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