Mobile Application Security Testing Market Growth, Size, Trends, Revenue and Future Outlook
Mobile Application Security Testing Market Size- By Offering, By Organization Size, By OS Type, By Deployment, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: IACT2421 | Pages: 1 - 223 | Formats*: |
| Category : Information & Communications Technology | |||
Mobile Application Security Testing Market Introduction and Overview
According to SPER Market Research, the Global Mobile Application Security Testing Market is estimated to reach USD 11.43 Billion by 2033 with a CAGR of 29%.
The report includes an in-depth analysis of the Global Mobile Application Security Testing Market, including market size and trends, product mix, applications, and supplier analysis. The process of evaluating and guaranteeing the security of mobile applications is known as mobile application security testing, or MAST. It involves using testing procedures to assess security holes, data leaks, and vulnerabilities in mobile apps. MAST seeks to protect sensitive data, prevent unwanted access, and identify and address possible security threats. This market offers solutions to developers, businesses, and organisations to improve the overall security posture of their mobile applications, addressing the growing concern over mobile app security.
- September 2023: In order to protect organisations from cyber threats, Qualys, Inc. partnered with BlueVoyant, a cybersecurity company that offers managed security services and sophisticated threat intelligence. By merging Qualys VMDR and Qualys TotalCloud through this partnership, Qualys would be able to revolutionise vulnerability management and cloud security, empowering businesses to improve cybersecurity throughout on-premises, hybrid, and cloud-native environments while maintaining compliance with industry standards.
- August 2023: The US software development firm Apptio Inc. was acquired by IBM Corporation. By means of this acquisition, IBM Corporation would augment its range of offerings with an all-encompassing technology management platform, which would facilitate the optimisation and automation of choices across its information technology settings.
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Market Opportunities and Challenges
Opportunities:
- Raising Adoption and Awareness: MAST providers have an opportunity as a result of the increased public awareness of cybersecurity threats and the consequences of data breaches. Businesses are more prepared to invest in MAST solutions and services to reduce risks and improve overall security posture as they become more aware of the possible repercussions of using insecure apps.
- Mobile applications for the healthcare industry frequently handle extremely private and sensitive patient data, such as medical histories, personal data, and medical records. Maintaining the privacy of this data is essential to complying with privacy laws, such as the Health Insurance Portability and Accountability Act (HIPAA) in the US. MAST solutions play a critical role in locating and addressing vulnerabilities that may jeopardise the integrity and privacy of patient data. These elements will present the market with profitable growth opportunities.
Challenge:
- Wide Range of Mobile Platforms: MAST faces difficulties due to the variety of mobile platforms, such as iOS and Android, as well as differences in device setups. For thorough testing coverage, solutions must adjust to various environments. Because of this variation, MAST providers must create testing procedures that take into consideration the peculiarities and vulnerabilities of each platform.
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Market Competitive Landscape
The major key players in the Global Mobile Application Security Testing Market are: Cisco Systems Inc., Data Theorem, Inc., GitLab Inc., Google LLC (Alphabet Inc.), HCL Technologies Ltd. (HCL Enterprises), IBM Corporation, Open Text Corporation, Oracle Corporation, Qualys, Inc., VMware, Inc. (Broadcom Inc.), Others. These companies are well-established, financially stable, and have a track record of providing creative services and solutions in the MAST space. They are able to adapt to the shifting needs of the market thanks to their wide range of products, which includes apps, services, infrastructure, and solutions. These businesses are at the forefront of MAST technology advancement, utilising state-of-the-art technologies and extensive capacities.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Offering, By Organization Size, By OS Type, By Deployment, By Vertical |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Cisco Systems Inc., Data Theorem, Inc., GitLab Inc., Google LLC (Alphabet Inc.), HCL Technologies Ltd. (HCL Enterprises), IBM Corporation, Open Text Corporation, Oracle Corporation, Qualys, Inc., VMware, Inc. (Broadcom Inc.), Others |
COVID-19 Impact on Global Mobile Application Security Testing Market
The global market for mobile application security testing was greatly impacted by the COVID-19 outbreak. Strong security solutions became more and more in demand as remote work and reliance on mobile apps expanded. To stop cyberattacks, organisations gave security for their mobile apps top priority. The demand for secure mobile applications drove consistent market growth in spite of the economic downturn. The pandemic brought mobile app security to the forefront, forcing companies to spend money on testing solutions to safeguard private information, uphold customer confidence, and guarantee continuous digital operations.
Key Target Audience
- Mobile App Developers
- Chief Information Security Officers (CISOs) and Security Professionals
- IT Security Managers
- Quality Assurance (QA) Professionals:
- Mobile Device Management (MDM) Providers
- Cybersecurity Solution Providers
- Regulatory Authorities and Compliance Officers:
- Others
Our in-depth analysis of the Mobile Application Security Testing Market includes the following segments:
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Key Topics Covered in the Report
- Global Mobile Application Security Testing Market Size (FY’2023-FY’2033)
- Overview of Global Mobile Application Security Testing Market
- Segmentation of Global Mobile Application Security Testing Market By Offering (Services, Solution)
- Segmentation of Global Mobile Application Security Testing Market By Organization Size (Large Enterprises, Small & Medium Enterprises)
- Segmentation of Global Mobile Application Security Testing Market By OS Type (Android, iOS, Other OS)
- Segmentation of Global Mobile Application Security Testing Market By Deployment (Cloud, On-premise)
- Segmentation of Global Mobile Application Security Testing Market By Vertical (BFSI, Government & Defense, Healthcare & Life Science, IT & Telecom, Manufacturing, Retail & E-commerce, Others)
- Statistical Snap of Global Mobile Application Security Testing Market
- Expansion Analysis of Global Mobile Application Security Testing Market
- Problems and Obstacles in Global Mobile Application Security Testing Market
- Competitive Landscape in the Global Mobile Application Security Testing Market
- Impact of COVID-19 and Demonetization on Global Mobile Application Security Testing Market
- Details on Current Investment in Global Mobile Application Security Testing Market
- Competitive Analysis of Global Mobile Application Security Testing Market
- Prominent Players in the Global Mobile Application Security Testing Market
- SWOT Analysis of Global Mobile Application Security Testing Market
- Global Mobile Application Security Testing Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Mobile Application Security Testing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Mobile Application Security Testing Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Mobile Application Security Testing Market
7. Global Mobile Application Security Testing Market, By Offering (USD Million)
7.1. Global Mobile Application Security Testing Market Value Share and Forecast, By Offering, 2023-20337.2. Services7.2.1. Professional7.2.2. Managed7.3. Solution
8. Global Mobile Application Security Testing Market, By Organization Size (USD Million)
8.1. Global Mobile Application Security Testing Market Value Share and Forecast, By Organization Size, 2023-20338.2. Large Enterprises8.3. Small & Medium Enterprises
9. Global Mobile Application Security Testing Market, By OS Type (USD Million)
9.1. Global Mobile Application Security Testing Market Value Share and Forecast, By OS Type, 2023-20339.2. Android9.3. iOS9.4. Other OS
10. Global Mobile Application Security Testing Market, By Deployment (USD Million)
10.1. Global Mobile Application Security Testing Market Value Share and Forecast, By Deployment, 2023-203310.2. Cloud10.3. On-premise
11. Global Mobile Application Security Testing Market, By Vertical (USD Million)
11.1. Global Mobile Application Security Testing Market Value Share and Forecast, By Vertical, 2023-203311.2. BFSI11.3. Government & Defense11.4. Healthcare & Life Science11.5. IT & Telecom11.6. Manufacturing11.7. Retail & E-commerce11.8. Others
12. Global Mobile Application Security Testing Market Forecast, 2019-2033 (USD Million)
12.1. Global Mobile Application Security Testing Market Size and Market Share
13. Global Mobile Application Security Testing Market, By Offering, 2019-2033 (USD Million)
13.1. Global Mobile Application Security Testing Market Size and Market Share By Offering (2019-2026)13.2. Global Mobile Application Security Testing Market Size and Market Share By Offering (2027-2033)
14. Global Mobile Application Security Testing Market, By Organization Size, 2019-2033 (USD Million)
14.1. Global Mobile Application Security Testing Market Size and Market Share By Organization Size (2019-2026)14.2. Global Mobile Application Security Testing Market Size and Market Share By Organization Size (2027-2033)
15. Global Mobile Application Security Testing Market, By OS Type, 2019-2033 (USD Million)
15.1. Global Mobile Application Security Testing Market Size and Market Share By OS Type (2019-2026)15.2. Global Mobile Application Security Testing Market Size and Market Share By OS Type (2027-2033)
16. Global Mobile Application Security Testing Market, By Deployment, 2019-2033 (USD Million)
16.1. Global Mobile Application Security Testing Market Size and Market Share By Deployment (2019-2026)16.2. Global Mobile Application Security Testing Market Size and Market Share By Deployment (2027-2033)
17. Global Mobile Application Security Testing Market, By Vertical, 2019-2033 (USD Million)
17.1. Global Mobile Application Security Testing Market Size and Market Share By Vertical (2019-2026)17.2. Global Mobile Application Security Testing Market Size and Market Share By Vertical (2027-2033)
18. Global Mobile Application Security Testing Market, By Region, 2019-2033 (USD Million)
18.1. Global Mobile Application Security Testing Market Size and Market Share By Region (2019-2026)18.2. Global Mobile Application Security Testing Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific
18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada18.6.2. Mexico18.6.3. United States
18.7. Latin America
18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. Cisco Systems Inc.
19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments
19.2. Data Theorem, Inc.
19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments
19.3. GitLab Inc.
19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments
19.4. Google LLC (Alphabet Inc.)
19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments
19.5. HCL Technologies Ltd. (HCL Enterprises)
19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments
19.6. IBM Corporation
19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments
19.7. Open Text Corporation
19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments
19.8. Oracle Corporation
19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments
19.9. Qualys, Inc.
19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments
19.10. VMware, Inc. (Broadcom Inc.)
19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments
19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The process of evaluating and guaranteeing the security of mobile applications is known as mobile application security testing, or MAST.
Mobile Application Security Testing Market is projected to reach USD 11.43 billion by 2033, growing at a CAGR of 29% during the forecast period.
Mobile Application Security Testing Market grew in Market size from 2022. The Market is expected to reach USD 11.43 billion by 2033, at a CAGR of 29% during the forecast period.
Mobile Application Security Testing Market CAGR of 29% during the forecast period.
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Mobile Application Security Testing Market size is USD 11.43 billion from 2023 to 2033.
Mobile Application Security Testing Market Segment is covered By Offering, By Organization Size, By OS Type, By Deployment, By Vertical.
The North America is anticipated to have the highest Market share in the Mobile Application Security Testing Market.
The key players in the Market include Companies Covered Cisco Systems Inc., Data Theorem, Inc., GitLab Inc., Google LLC (Alphabet Inc.), HCL Technologies Ltd. (HCL Enterprises), IBM Corporation, Open Text Corporation, Oracle Corporation, Qualys, Inc., VMware, Inc. (Broadcom Inc.), Others.
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