Overview and Scope
Static code analysis software is an automated tool used by software developers to analyze source code for defects, security vulnerabilities, and coding standards violations without executing the program. It scans code files, identifies issues based on predefined rules, and provides feedback to improve code quality, reliability, and security.
Sizing and Forecast
The static code analysis software market size has grown steadily in recent years. It will grow from $1.06 billion in 2023 to $1.10 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%. The growth in the historic period can be attributed to growing importance of security and quality of code, rising popularity of cloud-based static code analysis software, increased focus on cybersecurity measures, demand for efficient debugging tools, emphasis on code reliability and efficiency.
The static code analysis software market size is expected to see steady growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to integration of static code analysis into devops practices, growing emphasis on secure coding practices, expansion of IoT devices requiring secure coding practices, demand for scalable and cost-effective software solutions, focus on enhancing software development productivity. Major trends in the forecast period include integration of AI for more advanced threat detection capabilities, increased focus on real time code analysis solutions, adoption of hybrid cloud-based static code analysis platforms, emphasis on user friendly and intuitive static code analysis tools, rise in demand for industry-specific static code analysis solutions.
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Segmentation & Regional Insights
The static code analysis software market covered in this report is segmented –
1) By Type: Cloud Based, Web Based
2) By Component: Software, Service , Consulting , Support And Maintenance , Training And Education
3) By Application: Large Enterprises, Small And Medium Sized Enterprises
Asia Pacific was the largest region in the static code analysis software market in 2023. The regions covered in the static code analysis software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rise of the internet of things (IoT) is expected to propel the growth of the static code analysis software market going forward. The internet of things (IoT) refers to a network of interconnected devices embedded with sensors, software, and connectivity capabilities. The rise in IoT is due to the proliferation of high-speed internet and the development of wireless communication protocols. Static code analysis software helps IoT developers ensure compliance with industry standards, regulations, and best practices. For instance, in August 2022, according to Akamai Technologies Inc., a US-based internet company, IoT connections are expected to increase from 15.1 billion in 2021 to 23.3 billion IoT connections by 2025. Therefore, the rise of the Internet of Things (IoT) is driving the growth of the static code analysis software market
Key Industry Players
Major companies operating in the static code analysis software market are Google LLC, Microsoft Corporation, International Business Machines Corporation, Synopsys Inc., Micro Focus, Checkmarx, Veracode, JetBrains s.r.o, Perforce Software Inc., Rogue Wave Software Inc., SonarSource SA, Idera Inc., Parasoft, WhiteHat Security, GrammaTech, CAST Corporation, Embold Software Private Limited, RIPS Technologies, Codeplex Software Development Pty Ltd., Coverity, Clang Static Analyzer, Codacy, CodeScene AB
The static code analysis software market report table of contents includes:
1. Executive Summary
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