According to a new market research report titled, Penetration Testing Market by Offering, Position, Type, Method, Visibility, and End User, black box testing, white box testing, and automated pen testing are some of the methods used.
The growth of this market is driven by a surge in need to identify cybersecurity threats and risks across enterprise networks, adherence to regulatory compliance and laws for the implementation The implementation of penetration testing technologies may be hampered by high cost and high turn around time.
Increasing awareness regarding the benefits of penetration testing technology in the medical field/imaging, the rising number of data centers, and the rising demand for cloud computing solutions among SMEs are some of the things expected. A major challenge to the growth of this market is the lack of skilled professionals.
The Penetration Testing Market has an impact on COVID-19.
The global economy was impacted by the COVID-19 epidemic. Multiple industries, including the penetration testing market, were negatively affected by the implementation of lock downs, movement restrictions, and social distancing rules. It was difficult for the key market players to anticipate the recovery of the global penetration testing market because of the uncertainty regarding the duration of lockdowns. Penetration testing providers were under a lot of pressure. The penetration testing market is growing due to countries shifting their focus to security solutions.
Increased attacks on mobile devices and remote working systems were caused by a growth in the use of cloud solutions and by the increase in remote working. According to the 2021, Mobile Security Report by Check Point Research, in 2020, almost all of the organizations faced mobile threats that used multiple attack vectors. Penetration testing providers plan to take advantage of the lucrative market growth opportunities caused by the COVID-19 pandemic. Several leading companies are growing quickly through strategies such as product launches, product enhancements, partnerships and collaborations.
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The global penetration market is broken down into offering, position/location, method/depth, visibility, and organization size. The study analyses the markets at regional and country levels.
The global penetration testing market is divided into solutions and services. The solutions segment is expected to have the largest share of the global penetration testing market in 2022. The large market share of this segment is due to various enterprises that quickly accept it for its flexible, affordable, and easy features. It provides the highest level of data security. The need for solutions isFueled by the increasing use of internet services, collaboration among antivirus providers and technology manufacturers such as mobile and computer. During the forecast period, the services segment is expected to register the highest CAGR.
The global penetration testing market is categorized into internal and external networks. The external network segment is expected to have the largest share in the global penetration testing market. The large market share of this segment is attributed to identifying security vulnerabilities before hacking, compliance with security standards and regulations, and rising demand for a faster and cheaper network The internal network segment is expected to register the highest CAGR in the forecast period.
Black box testing, white box testing, and gray box testing are the types of penetration testing in the global market. The gray box testing segment is expected to have the largest share in the penetration testing market. The rising demand for efficiency and accuracy of testing in organizations, a surge in the number of aspects in web applications, and the growing need to test domains based on necessity are some of the factors that have led to the growth of this segment. The white box segment is expected to have the highest CAGR during the forecast period.
Infrastructure or network testing, application testing, wireless, configuration/build review testing, social engineering, and other test types are included in the global penetration testing market. The infrastructure or network testing segment is expected to have the largest share of the global penetration testing market in 2022. The rising need for identifying exposed vulnerabilities and security weaknesses in the network infrastructure, rising penetration of integrated security solutions, and increasing demand for better and more intelligent testing solutions are some of the reasons why the large market of this segment is. The application testing segment is expected to have the highest CAGR during the forecast period.
Large enterprises and small and medium-sized enterprises are the segments of the global penetration testing market. The large enterprises segment is expected to have the largest share of the global penetration testing market. The large market share of this segment is attributed to the early adopters of advanced technologies that directly impact revenue growth, increasing focus on developing strategic IT initiatives, and consistently deploy state-of-the-art firewall protection solutions to stay ahead of cyberattacks. The small and middle-sized enterprises segment is expected to register the highest CAGR during the forecast period.
There is a research report on the Quick Buy – Penetration Testing market.
BFSI, manufacturing, retail & e-commerce, education, IT & telecommunication, healthcare, media & entertainment, transport & logistics, automotive, government & public sector, and other end users are some of the end users that are included in the global penetration testing market. The BFSI segment is expected to have the largest share of the global penetration testing market. The large market share of this segment is attributed to the large volume of highly sensitive financial data of individuals, governments, and public and private corporations that are highly vulnerable to data breeches and cyberattacks, the rapidly increasing transactions through cloud-based QR/UPI, and growing need to ensure confidentiality, The healthcare industry segment is anticipated to register the highest CAGR during the forecast period.
The global penetration testing market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The penetration testing market is expected to be dominated by North America. The rise in the number of cyberattacks on networks, especially in private and government companies, a surge in demand for advanced security and vulnerability management solutions in the healthcare industry, and increasing investments for R&D process and widespread adoption of the penetration testing technology across various industries are some of the reasons why The Asia-Pacific region is projected to register the highest CAGR.
Rapid7 (U.S.), Synopsys, Inc. (U.S.), and International Business Machines Corporation (U.S.) are some of the key players in the global penetration market. (U.S.) Rhino Security Labs, Inc, FireEye, Veracode, NetSPI, and others. Coalfire, Trustwave, and Software secured are in the US.
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The report was Scope of the Report.
The Penetration Testing market is offered.
- Encryption & Authentication Flaws
- Vulnerability Assessment
- Network Monitoring & Scanning
- SQL Injection Attacks
- Threat Identification
- Security Evaluation
- Risk & Compliance Management
- Other Solutions
- Professional Services
- Managed Services
There is a Penetration Testing market.
- External Network
- Internal Network
Penetration testing can be used by method.
- Black Box Testing
- White Box Testing
- Gray Box Testing
Penetration testing can be done by test type.
- Infrastructure or Network Testing
- Application Testing
- Web Application
- Mobile Application
- Wireless (Wi-Fi) Testing
- Configuration/Build Review Testing
- Social Engineering
- Other Test Types
(Cloud Security Testing, Hardware Testing, End-0point/Kiosk PC Testing, and IoT, IoMT & OT Testing)
There is a Penetration Testing market.
- Overt Pen Testing
- Convert Pen Testing
- Automated Pen Testing
There is a Penetration Testing market by organization size.
- Large Enterprises
- Small and Medium-sized Enterprises
Penetration testing is done by end users.
- Retail & E-commerce
- IT & Telecommunication
- Media & Entertainment
- Transport & Logistics
- Government & Public Sector
- Other End Users
(Aerospace & Defense, Travel & Hospitality, and Energy & Utility)
Penetration Testing is a market.
- North America
- South Korea
- Australia & New Zealand
- Rest of Asia-Pacific
- Rest of Europe
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
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