Global Dynamic Application Security Testing Market Is Anticipated To Witness High Growth Owing To Growing Demand For Security Across Web-Based And Increasing Adoption Of Cloud-Based Services Among SMEs

 

Dynamic Application Security Testing Market

Overview:

A key component of any effective vulnerability management program, Dynamic Application Security Testing (DAST) is a type of black-box testing that examines an application from the outside in by launching automated attacks to uncover vulnerabilities. These tests simulate a hacker’s attack on the application to trigger unexpected results, revealing security risks such as SQL injection or cross-site scripting (XSS) attacks. Unlike other AppSec tools, DAST doesn’t require any access to the code and can be run during the development or production phases of the software development life cycle.

Legacy Dynamic Application Security Testing tools have limited libraries of attacks and rely on signature-based engines that misinterpret inputs, producing inaccurate results. This leads to roadblocks in release cycles, preventing teams from deploying at DevOps and Agile speeds. DAST results often lack context, making it difficult for developers to resolve issues quickly and efficiently. Modern DAST scanners are less invasive and can be fine-tuned to scan applications that are live in production environments, without disrupting normal operations. Regular post-release scanning helps ensure that all vulnerabilities are tagged and fixed before they are exploited in a breach or used to expose sensitive data.

Market Dynamics:

Increasing adoption of inorganic growth strategies by key players is estimated to augment growth of the global Dynamic Application Security Testing Market during the forecast period. For instance, Micro Focus International PLC announced their fortified on-demand application AWS Marketplace, in December 2022. This is a digital catalog having thousands of product listings by independent software suppliers. Moreover, increasing amount of time consumed is anticipated to restrain growth of the global dynamic application security testing market during the forecast period.

Impact of COVID-19:

The pandemic was declared as a public health emergency in 2020 by the World Health Organization. The pandemic had a huge impact on the growth of many sectors globally. The pandemic led to shutting down of many industries. Manufacturing activities were halted in many regions and several companies were shut down. This was a result of imposition of strict restrictions in many countries. The pandemic had a significant impact on the IT sector, as several companies had to switch to working remotely, as offices had to shut down. This led to increasing demand for data security. Thus, there was a rise in demand for Dynamic Application Security Testing. Thus, the pandemic had a positive impact on the growth of the global Dynamic Application Security Testing Market.

Key Takeaways:

The global Dynamic Application Security Testing Market is expected to witness robust growth, exhibiting CAGR of 18.5 % over the forecast period, due to rising business expansion by key players. For instance, Micro Focus International PLCacenter in the UK. Customers in the U.K. in January 2023. They can use software as a service (SaaS) IT Operations Management (ITOM) solutions from their neighborhood data center. This conforms to regional data residency laws that are associated with privacy, data security, transfer, and storage.

North America is anticipated to witness robust growth in the global Dynamic Application Security Testing Market during the forecast period, due to growing reliance on cloud-based services and rising investments by local players.

Key players active in the global dynamic application security testing market are Pradeo, IBM, Veracode, Accenture, Trustwave, Whitehat Security, Tieto, Micro Focus, Rapid7, and Synopsys.