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Penetration Testing Market Latest Trend, Business Opportunities, And Industry Forecast 2027

Summary:

A new study title “Penetration Testing market size, status and forecast 2027” has been featured on market research future.

Market Overview:
Globally, the penetration testing market is expected to have significant growth over the forecast period. This is due to increasing need to fulfill the compliance requirements which is one of the driving factors for the growth of the penetration testing market.
The penetration testing market is differentiated by type, component, deployment, organization size, and end-user.
By component, the penetration testing market is sub-segmented as services and testing solutions. By services, the market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services, implementing & integrating services, and training services. The testing solutions are segregated as network penetration testing, web application penetration testing, mobile application penetration testing, social engineering, wireless penetration testing, and others.
By organization type, the market is segregated into large enterprise and small & medium enterprise.
Additionally, by type, the market is classified external testing, blind testing, internal testing, and double blind testing.
Furthermore, on the basis of deployment, the market is sub-divided into on-cloud and on-premises. Additionally, on the basis of organization size, the market is classified as small and medium enterprises and large enterprises.
By end-user, the market is sub-divided into IT & telecom, BFSI, manufacturing, energy & power, healthcare, media & entertainment, and others.

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Key Players:
Some of the key players of penetration testing market are Core Security SDI Corporation (U.S.), Redteam Security Consulting (U.S.),Context Information Security (U.S.), and Rapid7, Inc. (U.S.). Qualys, Inc. (U.S.), Veracode (U.S.), Trustwave Holdings, Inc. (U.S.), Acunetix (Malta), Hewlett Packard Enterprise (U.S.), IBM Corporation (U.S.), Cigital Inc. (U.S.), and WhiteHat Security (U.S.), and Checkmarx (Israel) are among others.

Segments:
The penetration testing market is differentiated by type, component, deployment, organization size, and end-user.
• By component, the penetration testing market is sub-segmented as services and testing solutions. On the basis of services, the penetration testing market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services, implementing & integrating services, and training services. The testing solutions are segregated as network penetration testing, web application penetration testing, mobile application penetration testing, social engineering, wireless penetration testing, and others.
• On the basis of organization type, the penetration testing market is segregated into large enterprise and small & medium enterprise.
• By type, the penetration testing market is classified external testing, blind testing, internal testing, and double blind testing.
• On the basis of deployment, the penetration testing market is sub-divided into on-cloud and on-premises. Additionally, on the basis of organization size, the penetration testing market is classified as small and medium enterprises and large enterprises.
• By end-user, the penetration testing market is sub-divided into IT & telecom, BFSI, manufacturing, energy & power, healthcare, media & entertainment, and others.

Regional Analysis:
Geographically, the penetration testing market is categorized into four different regions, namely North America, Asia Pacific, Europe, and the Rest of the World.
North America penetration testing market is expected to have significant growth over the forecast period. U.S. and Canada are leading countries in the region owing to the presence of IT giants, such as IBM Corporation, and Oracle Corporation. Asia Pacific region is expected to be the fastest growing region in penetration testing market. China, India, Japan, and South Korea are the leading countries in the region. This is due to an increase in the number of small and medium enterprises in IT sector. Additionally, India is expected to be the fastest growing country in the Asia Pacific region owing to, government initiatives to boost the startups involved in IT sector.

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About Us:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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