Region:North America
Author(s):Rakib Das
Product Code:KROD200
The US Security Testing Market is one of the largest markets overviewing the security and testing facilities in multiple companies, owing a high digitized profile and high priority data collection, leading them to be a prime target to cybersecurity threats. Owing to the large fractions of hackers and malware content, stringent regulatory compliances like the HIPA, has been set in order for the companies to abide by strict rules and norms.
The adoption of cloud-based services and environment, IoT devices and other such vast ranged devices are easily being scanned and checked for any vulnerabilities or any other false positives/negatives. This is done by multiple staged scans at the development stages itself, making the program searching for the treat in its creation period. With higher cyber threats, Cybersecurity Framework 2.0 has been started which is a broader and stronger version of the CSF 1.0, allowing multiple authentication checks, checks on any backdoor entry and multiple checks on each software. Along with this, Penetration Testing has come up to rise up to the challenge and make promising efforts towards the elimination of threats and thefts and together with the Cloud services, from mobile devices, IoT devices and others having cloud function within, can be scanned at various levels daily.
By Type of Security: The market is segmented on its type of security as application and network type of securities. Among the variations, the application security testing prevails more as because of the availability of a greater number of things which needs to be secured, rather than traditional ones. Application Security Testing are currently making the market flow, with two major components namely, Dynamic Application Security Testing (DAST) and Static Application Security Testing (SAST), which have stronger encryption protocols and maintain multiple checks through the software.
By End-User Industry: Wider requirement in the Financial, Governmental and most importantly Healthcare, has been overserved over the years. In these sectors, security testing is a must for every individual, even among the hierarchy chain, leading to a secured network of data and authentications. This industry has been in at its core striving to greater security availability in these areas where security is a priority for every individual present. With the strong AI based automated security testing protocols and stringent regulatory compliances, stronger encrypted databases have been kept in order to turn down any malignant spyware or backdoor entries with ease.
By Regional Split: The Eastern regions of America are heavily populated by Government agencies, defense contractors and Financial Sectors. These areas require a lot of security without which theft and digital laundering is possible in matter of seconds. This is why these areas are heavily monitored by the security testing providers. In the Eastern Regions are filled with heavy duty technology hubs and sectors like Silicon Valley in San Francisco, Los Angeles etc. which are constantly required to be kept in check with the workflow of the software and be ready for any impending danger to the mainframe. In the central region and southern region, some of which the previous regions are reigning on, apart from which central regions like Austin, Texas is practically known for its strength in energy industry which requires only recruited and trained official to handle their jobs, making sure no offset of imminent danger.
The US Security Testing Market is growing every year with a successive change into their database and workflow, with an expected CAGR of ~18%, within the time period 2022 to 2028.
US Security Testing Market Segmentation |
|
By Security Type |
Application Networking |
By End-User Industry Type |
Government Healthcare Finance |
By Regional Split |
East North West Central South |
2.1 Taxonomy of the US Security Testing Market
2.2 US Security Testing Industry Value Chain
2.3 US Security Testing Market Ecosystem
2.4 Government Regulations/Initiatives for the US Security Testing Market
2.5 Growth Drivers of the US Security Testing Market
2.6 Issues and Challenges of the US Security Testing Market
2.7 Impact of COVID-19 on the US Security Testing Market
2.8 SWOT Analysis
4.1 By Security Type, 2017 - 2022
4.2 By End-User Industry Type, 2017 – 2022
4.3 By Regional Split (North, West, East, Central, South), 2017-2022
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players of US Security Testing Market.
5.3 Company Profiles – (Top 7 Major Players)
5.3.1 IBM Security
5.3.2 HP Enterprise (HPE)
5.3.3 Synopsys
5.3.4 McAfee
5.3.5 WhiteHat Security
5.3.6 Qualys
5.3.7 Trustwave
7.1 By Security Type, 2022 - 2028
7.2 By End-User Industry Type, 2022 – 2028
7.3 By Regional Shift (North, West, East, Central, South), 2022-2028
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The US security testing market is valued at USD $6BN in 2021 and this market is projected to reach USD 12 Bn by 2028. It is growing with the CAGR of 10%.
The key players in US security testing market are IBM Security, HP Enterprise (HPE), Synopsys, Trustwave SpiderLabs, Trustwave and Qualys.
The major trends in US security testing market are Major changes in technologies like Penetration testing and also multiple bio-sensor fitter scanners are trending which are effecting the market.
The segments which are dividing the US security testing market are by type of security and by end-user industry. And in by type the segments are further divided into application and network security.
The US Security testing market is divided into North, south, east and west regions. The eastern region is the dominant region. The Eastern regions of America are heavily populated by Government agencies, defense contractors and Financial Sectors.
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