Security Testing Market Size, Global Industry Size, Growth, Segments and Forecast
The report Security Testing size to grow from USD 6.1 billion in 2020 to USD 16.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period. Surge in web and mobile-based business critical applications requiring higher secure endpoint protection, enterprises implementing security measures to prevent financial losses due to increased sophistication in cyber-attacks and stringent government regulations are major growth factors for the market. Initiatives by governments and enterprises with focus on digitalization and increased adoption of cloud-based security testing as well as evolution of technologies such as Testing-as-a-Service (TaaS) would provide lucrative opportunities for vendors in the security testing market.
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