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Penetration Testing Market 2026: Research Focuses On Exploring Factors Influencing The Industry Development

Penetration testing is also known as pen testing. It is a simulated process used to test a computer system, application or a network to check for security weaknesses, which could be easily capitalized on by hacker.<br>

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Penetration Testing Market 2026: Research Focuses On Exploring Factors Influencing The Industry Development

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  1. Penetration Testing Market Forecast To Witness Considerable Growth From 2018 To 2026 Penetration Testing Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players. Penetration testing is also known as pen testing. It is a simulated process used to test a computer system, application or a network to check for security weaknesses, which could be easily capitalized on by hacker. They are designed in such way that they will be useful in security assessments and security testing. For penetration testing, a wide variety of security assessment tools are used, which can be hardware-software, websites and (PEA) proprietary enterprise applications. There are various methods under the ambit of penetration testing, which include external testing, internal testing, blind testing, and double blind testing. Request Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2103 Increasing incidence of cyber-attacks and need to secure vulnerable data are key drivers for penetration testing market growth Major driving factor for growth of the penetration testing market is the ability of penetration testing to provide security to industries from various cyber-attacks, as increasing incidence of cyber-attacks can increase the vulnerability of critical data stored by organizations and adversely impact the revenue. For instance, according to a report published by Academy and Industry Research Collaboration Center (AIRCC) in 2016, the number of web attacks in the U.S. in 2015, increased by 36% with over 4,500

  2. new attacks each day. Moreover, increasing adoption of advance technologies such as Internet of Things (IoT), cloud computing, Bring Your Own Device (BYOD), and rise in disposable income has contributed to growth of the penetration testing market. For instance, according to a June 2018, report by Bureau of Economic Analysis (BEA), Disposable Personal Income (DPI) in the U.S. increased by US$ 39.8 billion (0.3 %) in April 2018 as compared to 2017. The same report stated that personal disposable income of Americans increased at an average rate of 2.8% year on year from the second quarter of 2015 to the second quarter of 2017. Adoption of cloud computing has increased over the last decade as this technology is highly scalable, efficient in operation, and cost effective in comparison to other data storage and transfer technologies but is highly vulnerable and provides easy access to unauthorized users. This makes the deployment of penetration technologies very important. For instance, according to 2016, report by United States International Trade Commission (USITC) US$ 43.3 billion was invested by the U.S. in cloud computing services in 2015. Furthermore, use of computers and mobile devices have increased over the last few years. Computers or laptops are used for storing or handling large amount of critical data and applications, which are used by government and defense agencies. It is highly important to equip systems with security software, which can counter data theft. Moreover, security of Banking, Financial Services, and Industries (BFSI) are most important as critical web applications used in BFSI are at high risk of cyber- attacks. This makes the deployment of penetration testing indispensable. Regional analysis of penetration testing market North America and Europe dominated the market with respect to penetration testing and are expected to maintain their dominance during forecast period, owing to increasing adoption of cloud services and Bring Your Own Device (BYOD) technology. For instance, according to Coherent Market Insights, in 2018, the U.S invested around US$ 95 billion on cloud services, accounting for more than 58% of the amount spent on cloud services worldwide. Furthermore, the UK and Germany collectively spent over US$ 14 billion on cloud services in 2018. Another factor which is contributing to the growth of the market in the region is presence of many key players (such as IBM Corporation, Synopsys, and WhiteHat Security among others) serving the penetration testing market in the region. Asia Pacific is expected to register rapid growth during the forecast period in the penetration testing market due to increased adoption of cloud-based services, primarily in India and China. For instance, according to Coherent Market Insights, the digital transformation in Asia Pacific is driving multi-cloud and hybrid environments, which allows enterprises to create a more agile and cost-effective IT frameworks. Heavily regulated industries such as banking and finance are increasingly adopting

  3. Software as a Service (SaaS) for non-core functionality, Platform as a service (PaaS) for app development and testing, and Infrastructure as a Service (IaaS) for workload trial runs and testing for their new service offerings. Drivers of IaaS growth in the Asia Pacific include the increasing demand for more rapid processing infrastructure, as well as increasing requirement of better data backup and disaster recovery systems. Browse Detail Market Study @ https://www.coherentmarketinsights.com/ongoing- insight/penetration-testing-market-2103 Global Penetration Testing Market: Competitive Landscape The key players operating in penetration sensing market include IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc., Core Security SDI Corporation, Whitehat Security, Trustwave Holdings, Inc., Checkmarx.com LTD, VERACODE, Inc., Secure Works Inc., Acunetix, Contrast Security, and Paladion Network Private Limited. Global Penetration Testing Market: Taxonomy Ask Query @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/2103 On the basis of Testing Service •Network penetration testing •Web application penetration testing •Mobile application penetration testing •Social engineering •Wireless penetration testing •Others About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah

  4. Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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