Mobile Application Security Testing Market Growth, Size, Trends, Revenue and Future Outlook: SPER Market Research

Q: How can I get a sample report on the Mobile Application Security Testing Market?

You can get the sample pages by clicking the link - Click Here

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.

Mobile Application Security Testing Market

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.

Get more information on this report: Download Free Sample PDF

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:

By Offering:	Services Solution
By Organization Size:	Large Enterprises Small & Medium Enterprises
By OS Type:	Android iOS Other OS
By Deployment:	Cloud On-premise
By Vertical:	BFSI Government & Defense Healthcare & Life Science IT & Telecom Manufacturing Retail & E-commerce Others

Key Topics Covered in the Report

Global Mobile Application Security Testing Market Size (FYâ€™2023-FYâ€™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 (FYâ€™2023-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. 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. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERâ€™s Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Mobile Application Security Testing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Services
7.2.1. Professional
7.2.2. Managed
7.3. 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, 2023-2033
8.2. Large Enterprises
8.3. 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, 2023-2033
9.2. Android
9.3. iOS
9.4. 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, 2023-2033
10.2. Cloud
10.3. 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, 2023-2033
11.2. BFSI
11.3. Government & Defense
11.4. Healthcare & Life Science
11.5. IT & Telecom
11.6. Manufacturing
11.7. Retail & E-commerce
11.8. 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. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific

18.4. Europe

18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe

18.5. Middle East and Africa

18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa

18.6. North America

18.6.1. Canada
18.6.2. Mexico
18.6.3. United States

18.7. Latin America

18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America

19. Company Profile

19.1. Cisco Systems Inc.

19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments

19.2. Data Theorem, Inc.

19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments

19.3. GitLab Inc.

19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments

19.4. Google LLC (Alphabet Inc.)

19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments

19.5. HCL Technologies Ltd. (HCL Enterprises)

19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments

19.6. IBM Corporation

19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments

19.7. Open Text Corporation

19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments

19.8. Oracle Corporation

19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments

19.9. Qualys, Inc.

19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments

19.10. VMware, Inc. (Broadcom Inc.)

19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. 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.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

What is the conclusion of the Mobile Application Security Testing Market?

The process of evaluating and guaranteeing the security of mobile applications is known as mobile application security testing, or MAST.

How big is the Mobile Application Security Testing Market?

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.

What is the growth rate of the Mobile Application Security Testing Market?

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.

What is the anticipated CAGR of the Mobile Application Security Testing Market?

Mobile Application Security Testing Market CAGR of 29% during the forecast period.

How can I get a sample report on the Mobile Application Security Testing Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Mobile Application Security Testing Market?

Mobile Application Security Testing Market size is USD 11.43 billion from 2023 to 2033.

Which segment is expected to Mobile Application Security Testing Market?

Mobile Application Security Testing Market Segment is covered By Offering, By Organization Size, By OS Type, By Deployment, By Vertical.

Which region is expected to have the highest Market share in the Mobile Application Security Testing Market?

The North America is anticipated to have the highest Market share in the Mobile Application Security Testing Market.

Who are the key players in 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.