Bharat Book Bureau Provides the Trending Market Research Report on “Asia-Pacific Application Security Market Report 2023” under Media & Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
The Asia-pacific Application Security Market to grow from USD 499.38 million in 2016 to USD 3,617.73 million by 2023, at a Compound Annual Growth Rate (CAGR) of 32.70%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
The major forces driving the growth of the application security market include the adoption of best security practices to fight cybercrime and avoid vulnerabilities and increased adoption of mobile and web application. However certain factors such as the traditional security issues may hinder the market growth. In the middle of difficulty lies opportunity such as the growing trend of online shopping and payment card industry. The possible challenges for the market growth is inherited security issues due to devops. But key players in the market are overcoming the challenges with continual improvement and innovation.
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Based on industry, the asia-pacific application security market is studied across aerospace & defense, banking, financial services & insurance, consumer goods & retail, education, energy & utilities, government, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, automotive & transportation & logistics, and travel & hospitality. Based on geography, the asia-pacific application security market is studied across China, Japan, India, and Australia.
The report features a competitive scenario of the application security market and provides inclusive analysis of key growth strategies adopted by major players. Key products profiled in the study are Acunetix Vulnerability Scanner, Burp Suite, Checkmarx CxSAST, Fortify on Demand, IBM AppScan, Nessus Vulnerability Scanner, Qualys Web Application Scanning, Synopsys Application Security Services, Trustwave Application Security, and Veracode Application Security Platform.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of application security market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the application security market that will impact the demand during the forecast period. Moreover, the competitive analysis of application security market brings an insight on the product usability profiles of the leading players. Additionally, the analysis highlights features & pricing, informant reviews of the key products in the market.
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