LAMEA Security Testing Market (2016 – 2022)

Date: 2016-11

“The introduction of wide range of applications and an unprecedented growth in cyber threats have led to need for security testing services. Application security testing solutions are used to ensure security of web and mobile applications that are deployed by organizations to bring in efficiency in business operations. The new technological trends such as IoT and BYOD have successfully connected wide range of applications, which have despite efficiency, have turned vulnerable to advanced persistent threats. Therefore, the security of these applications has been a prime concern for organizations.
The security testing market is broadly classified into application services, application types, tools, deployment models, industry verticals and network services. Application services include enterprise/desktop application, mobile application, web application and cloud application. Application types are bifurcated into SAST (Static Application Security Testing) and DAST (Dynamic Application Security Testing). The tools segment is categorized as automated testing tools, code review tools, penetration testing tools and web testing tools. Based on deployment models, the market is bifurcated into on-premise deployment and cloud deployment.
Some of the industry verticals that deploy security systems would be retail, healthcare & life sciences, BFSI, IT & Telecom, and Government & Public utilities. Network services include Intrusion Detection System and Intrusion Prevention system (IDS/IPS) testing, Virtual Private Network (VPN) testing, firewall testing, and Universal Resource Locator (URL) / Unified Threat Management (UTM) testing.
Based on Country, LAMEA Security Testing market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA. Brazil remained the dominant Country in the LAMEA Security Testing market in 2015. Nigeria would witness highest CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Security Testing market. Key companies profiled in the report include IBM Corporation, HP Enterprise Company, FireEye, Inc., Logrhythm, Inc., Alien Vault, Inc., Arbor Networks, Inc. and Blue Coat Systems, Inc.


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