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Network Security Testing Market by Type (VPN Testing, Firewall Testing, Others), by Deployment Model (On Premise, Cloud), by Enterprise Size (Large Enterprises, SMEs), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail and E Commerce, Education, Others): Global Opportunity Analysis and Industry Forecast, 2023-2031

Network Security Testing Market by Type (VPN Testing, Firewall Testing,...

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Network Security Testing Market by Type (VPN Testing, Firewall Testing, Others), by Deployment Model (On Premise, Cloud), by Enterprise Size (Large Enterprises, SMEs), by Industry Vertical (BFSI, IT and Telecom, Healthcare, Retail and E Commerce, Education, Others): Global Opportunity Analysis and Industry Forecast, 2023-2031
Network Security Testing Market by...
Report Code
RO9/128/1098

Publish Date
10/Nov/2023

Pages
200
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The global network security testing market revenue was around US$ 2.1 billion in 2022 and is estimated to reach US$ 10.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 19.6% from 2023 to 2031.

Network security testing is a way of estimating the current state of security of the overall enterprise network including external, internal, security assessment, and device-level security policies throughout a network to illustrate and detect flaws and assess hazards.

Factors Influencing Market Growth

- The growth in demand for remote working and work-from-home policies during the time of the COVID-19 pandemic helped in driving the demand for global network and enterprise security solutions.

- The maintenance challenges and higher installation costs of network security testing platforms can hinder the growth of the network security testing market.

- The integration of developed tools like data analytics and machine learning with network security testing solutions suites is anticipated to show lucrative possibilities during the forecast period.

Impact of COVID-19

The impact of COVID-19 pandemic had a positive influence on the network security testing market because of the dramatically expanded digital dependence during the period of COVID-19-induced lockdowns and strict social distancing policies, which further boosted the demand for testing solutions and remote network management, which contributed in the development of the network security testing market during the period.

Regional Analysis

In 2022, North America dominated the network security testing market and is expected to maintain its position during the forecast period because of its high concentration of data visualization solutions vendors like IBM Corporation and McAfee, AT&T, LLC, which is anticipated to propel the demand for the network security testing technology in the network security testing market within the region during the forecast period.

Also, Asia-Pacific is anticipated to notice a notable growth during the forecast period, due to rapid technological and economic developments in the region, which is expected to boost the expansion of the network security testing industry in the region in the upcoming years.

Leading Companies

The leading prominent companies profiled in the global network security testing market are: -

- AT&T
- Checkmarx Ltd.
- Cigniti
- Core Security
- Data Theorem, Inc.
- IBM
- ImpactQA
- Kryptowire
- LogRhthym, Inc.
- McAfee, LLC
- Micro Focus
- NowSecure
- Parasoft
- PortSwigger Ltd.
- Rapid7
- ScienceSoft USA Corporation
- SecureWorks, Inc.
- Synopsys, Inc.
- Veracode
- Other prominent key players

Segmentation Outline

The global network security testing market segmentation focuses on Type, Deployment Model, Enterprise Size, Industry Vertical, and Region.

Segmentation based on Type

- VPN Testing
- Firewall Testing
- Others

Segmentation based on Deployment Model

- On-Premise
- Cloud

Segmentation based on Enterprise Size

- Large Enterprises
- SMEs

Segmentation based on Industry Vertical

- BFSI
- IT and Telecom
- Healthcare
- Retail and E-Commerce
- Education
- Others
- Energy and Utilities
- Transportation
- Social Media

Segmentation based Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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