Penetration Testing Services Market is Set To Fly High in Years to Come | Cipher Security, QAlified, ImmuniWeb
According to HTF Market Intelligence, the Global Penetration Testing Services market to witness a CAGR of 13.7% during forecast period of 2023-2028. The market is segmented by Global Penetration Testing Services Market Breakdown by Application (External Network, Internal Network, Others) by Type (Security service, Security testing service, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Penetration Testing Services market size is estimated to increase by USD 1.3 Billion at a CAGR of 13.7% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1.4 Billion.
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Penetration testing services are a type of cybersecurity service that simulates real-world cyberattacks on an organization’s computer systems, networks, and applications to identify vulnerabilities and weaknesses in their security defenses. Penetration testing is conducted by ethical hackers who use a variety of tools and techniques to attempt to exploit vulnerabilities and gain unauthorized access to an organization’s systems.
Penetration Testing Services market – Key Segment Analysis
The market share growth by the External Network, Internal Network, Others segment will be significant during the forecast period. The segment is driven by the Rising Adoption of Cloud Computing Solutions and Services.
Penetration Testing Services market – Competition Analysis
The global Penetration Testing Services market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Cipher Security LLC (United states), QAlified (Uruguay), ImmuniWeb (Switzerland), Raxis (United states), CyberHunter (Canada), Invicti (United States), Acunetix (Europe), DICEUS (united states), ScienceSoft (united states), BreachLock Inc (united states). Additionally, other players that are part of this detailed analysis are Hexway Hive (united states), Astra (united states), Software Secured (Canada), Others..
Penetration Testing Services market – Geographical Outlook
Asia Pacific will provide maximum growth opportunities in Penetration Testing Services market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in Asia Pacific is driven by High Demand for Wireless Penetration Testing Services.
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What key data is demonstrated in this Penetration Testing Services market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Penetration Testing Services market between 2023 and 2028
- Precise estimation of the size of the Penetration Testing Services market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Penetration Testing Services market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of Penetration Testing Services Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Penetration Testing Services Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Penetration Testing Services Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Penetration Testing Services Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Penetration Testing Services Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Penetration Testing Services Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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