Static Application Security Testing (SAST) Market - Forecast(2021 - 2026)

 Overview

The Global market for Static Application Security Testing is forecast to reach $455 million by 2025, growing at a CAGR of 24.31% from 2020 to 2025. The growing demand for application security by leading sectors and high usage in mobile applications are the major drivers towards market growth of static application security testing. Early stage vulnerability detection with static application security testing has caused more demands from the developers as it allows them in solving the issues easily, thus simplifying the final application process.

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Key Takeaways

• Cloud based security is contributing for major shares in the static application security due to rising adoption in mobile applications and support towards complex environments.
• North America accounted for the highest growth in the global static application security testing market in 2019, due to rising demands of application security by various organizations and increasing use of smart phones.
• Increasing dependence on online transactions and rising growth of ecommerce market are the major factors in dominance of static application security testing in the market.

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Type - Segment Analysis

With the increasing technological advancements, cloud based security testing is expected to have a major share in the application security market during the forecast period 2020-2025. The cloud based security testing provides building of more secured, fully managed and highly scalable software thus satisfying the needs of complex environments. In contrast with earlier security testing tools, cloud based security helps in eliminating low as well as medium risk applications over a large application base. With adoption of cloud security in mobile applications, the static application security testing market is growing with major shares over the past years.

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Geography - Segment Analysis

North America is seen dominating the global Static Application Security testing market during the forecast period from 2020 to 2025 with major share of 34.5%. Presence of key players such as Synopsys, IBM and Contrast Security are acting as major drivers for the growth of Static Application Security testing market. Increasing demand for application security by leading organisations and rise of smart phone market hasbeen helping the region with major market shares. Technological advancements and investments towards the research and development activities are also fuelling the application security market.

Drivers – Static Application Security TestingMarket

• Growth of E-commerce sector

With rising growth of E-commerce industry, static application security is gaining much popularity prior tocyber attacks protection. As the shopping websites and many other e-commerce applications can be accessed from different type of devices, thereby causing major security concerns. Payments made through e-wallets and many other transaction applications make use of your personal data such as bank account details, thus causing severe threats of password hacking and financial thefts. With use of static application security offering features such as authentication, account management, user verification and many more, the data is protected while accessing harmful ecommerce websites as well as during online payments. With growing rate of cybercrimes and data privacy concerns, use of security tools by ecommerce market is driving the market growth for static application security testing systems.

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