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Penetration Testing Market: Technological Advancements and Future Prospects (2023-2029)

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Aishwarya Bhasme
Penetration Testing Market: Technological Advancements and Future Prospects (2023-2029)

Penetration Testing Market size was valued at US$ 1.90 Billion in 2022 and the total Penetration Testing revenue is expected to grow at 16.5% through 2022 to 2029, reaching nearly US$ 5.53 Billion.

Penetration Testing Market Overview: 

For the global industry's Penetration Testing Market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.

The worldwide Penetration Testing market's growth reasons, as well as the market's many users, are discussed. Data is provided by market participants, regions, and specific requirements. This market-ready study proposal includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis should be presented in the form of statistics, infographics, and presentations.

For detail insights on this market, request for methodology here 

https://www.maximizemarketresearch.com/request-sample/65450 

Penetration Testing Market Scope:

Our crew gathers market information and data from a variety of sources in order to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic data.

The competitive landscape for the Penetration Testing market gives information by a competitor. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application domination are all contained in the details. The data points shown above are only linked to the firms' concentration on the window sensors industry.

Penetration Testing Market Segmentation: 

Web application penetration testing, mobile application penetration testing, network penetration testing, and other are the segments listed by kind. The CAGR for mobile applications is predicted to be 6.8% over the forecast period (2023-2029). The strong demand for E-Commerce applications like Amazon and Zomato in the worldwide IT sector is responsible for this growth. Continuous data breaches occur at massive online retailers like Amazon and Facebook. The potential breach or vulnerability in these apps is expected to be found with the use of penetration testing. In April 2022, the personal information of approximately 530 million Facebook users was exposed online. It contained the personal phone numbers, e-mail addresses, and other biographical data of the app's users worldwide.

In terms of industry, the banking and finance sector, government, and defense, along with them, held the top two spots in the global penetration testing market in 2020. Russian hackers broke into the federal government of the United States' database in 2020. Therefore, throughout the aforementioned forecast period, cyber-attacks on government databases like these are expected to fuel the expansion of the government and defense segment in the global market. A ransomware assault that targeted the US banking institution CNA in March 2022 resulted in a three-day interruption of employee and customer services. The nation's Federal Trade Commission had issued a warning about an email scam involving the COVID-19 stimulus funds provided by the governments in the same month.

1 Global Penetration Testing Market, by Type (2022-2029)

• Web Application Penetration Testing

• Mobile Application Penetration Testing

• Network Penetration Testing

• Other

2 Global Penetration Testing Market, by Deployment (2022-2029)

• On-premise

• Cloud

3 Global Penetration Testing Market, by Industry (2022-2029)

• Government and Defense

• BFSI

• IT and Telecom

• Retail & E-Commerce

• Other

For any Queries Linked with the Report, Ask an Analyst 

https://www.maximizemarketresearch.com/request-sample/65450 

Penetration Testing Market Key Players: The key players are

1. WhiteHat Security

2. Checkmarx

3. FireEye

4. Micro Focus

5. Secureworks

6. Rhino Security Labs

7. Immuniweb

8. PortSwigger Web Security

9. iSECURION

10.Core Security SDI Corporation

11.Redteam Security Consulting

12.Context Information Security

13.Rapid7, Inc.

14.Qualys, Inc

15.Veracode

16.Trustwave Holdings, Inc

17.Acunetix

18.Hewlett Packard Enterprise

19.IBM Corporation

20.Cigital Inc

For any Queries Linked with the Report, Ask an Analyst 

https://www.maximizemarketresearch.com/market-report/global-penetration-testing-market/65450/ 


Regional Analysis:

A country-level study of the Penetration Testing Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Penetration Testing Market study.

COVID-19 Impact Analysis on Penetration Testing Market: The report covers COVID-19 impact on Penetration Testing market.

Key Questions Answered in the Penetration Testing Market Report are: 

  • What will be the CAGR of the Penetration Testing market during the forecast period?
  • Which segment emerged as the leading segment in the Penetration Testing market?
  • Which are the prominent players in the Penetration Testing market?
  • What will be the Penetration Testing market size by 2027?
  • Which company held the largest share in the Penetration Testing market?

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