ASIA-PACIFIC APPLICATION SECURITY MARKET 2022-2028

ICT | Security

ASIA-PACIFIC APPLICATION SECURITY MARKET 2022-2028

Market by Security Testing Type, Offering, Application, Organization Size, End-user, and Country | Forecast 2022-2028

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As per Triton Market Research’s report, the application security market is estimated to progress at a CAGR of 18.03% over the forecast period 2022-2028.


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The countries considered in this market include:

•        India

•        China

•        Japan

•        Australia & New Zealand

•        South Korea

•        ASEAN countries

•        Rest of Asia-Pacific

Asia-Pacific is among the major regions in terms of internet consumption globally. The region has witnessed a rise in security breaches targeting businesses, which has highlighted the need for advanced security solutions. Additionally, the high use of open-source applications for security testing is another factor supporting the studied market’s progress.

The region accounts for half of the world’s internet users, with more people using the internet owing to remote working trends. China and India, for instance, have a high population that is accessing the internet through mobile devices. Such strong internet penetration raises the chances of data breaches, increasing the need for application security solutions. Therefore, these factors are driving the growth of the application security market.

In China, the number of internet users is approximately over 800 billion, contributing to the rise in the adoption of connected devices. The country has introduced cyber security laws to strengthen security protocols. For instance, one of the major laws mandates network operators to store any specific data in the country and allows the authorities to perform spot-checks on a company’s network. These security measures, coupled with the surge in internet users, support the implementation of security solutions, fueling the application security market’s growth.

HCL Technologies is a global IT services provider that offers a wide range of software and IT solutions. Its product portfolio comprises infrastructure, application, business process, supply chain management services, and others. Through partnerships with technology vendors, customers, and niche solution providers, the company provides its services. It serves the financial, public, healthcare, consumer services, and manufacturing sectors. HCL has operations across the globe, with headquarters in Noida, India. 

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Table of Content

1. ASIA-PACIFIC APPLICATION SECURITY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE APPLICATION SECURITY MARKET

2.2. KEY INSIGHTS

2.2.1. INCREASED BOTS AS SERVICE PROVIDERS CREATE DEMAND FOR SOPHISTICATED SECURITY SOLUTIONS

2.2.2. AI INTEGRATION MAY CREATE A ROBUST SOLUTION OFFERING

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF SUPPLIERS

2.3.4. BARGAINING POWER OF BUYERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. INDUSTRY COMPONENTS

2.7. KEY MARKET STRATEGIES

2.7.1. CONTRACTS & PARTNERSHIPS

2.7.2. BUSINESS EXPANSIONS & DIVESTITURES

2.7.3. NEW PRODUCT LAUNCHES

2.7.4. MERGERS & ACQUISITIONS

2.8. MARKET DRIVERS

2.8.1. RISE IN CYBER ATTACKS

2.8.2. GROWTH IN THIRD-PARTY APPLICATIONS

2.9. MARKET CHALLENGES

2.9.1. LACK OF EXPERTISE IN APPLICATION SECURITY

2.9.2. BUDGET CONSTRAINTS

2.10. MARKET OPPORTUNITIES

2.10.1. FAVORABLE GOVERNMENTAL REGULATIONS

2.10.2. RISE IN CLOUD-BASED APPLICATIONS

3. ASIA-PACIFIC APPLICATION SECURITY MARKET - BY SECURITY TESTING TYPE

3.1. STATIC APPLICATION SECURITY TESTING

3.2. DYNAMIC APPLICATION SECURITY TESTING

3.3. INTERACTIVE APPLICATION SECURITY TESTING

3.4. RUNTIME APPLICATION SELF PROTECTION

4. ASIA-PACIFIC APPLICATION SECURITY MARKET – BY OFFERING

4.1. SERVICE

4.1.1. MANAGED SERVICES

4.1.2. PROFESSIONAL SERVICES

4.2. SOLUTION

4.2.1. CLOUD

4.2.2. ON-PREMISE

5. ASIA-PACIFIC APPLICATION SECURITY MARKET - BY APPLICATION

5.1. WEB APPLICATION SECURITY

5.2. MOBILE APPLICATION SECURITY

6. ASIA-PACIFIC APPLICATION SECURITY MARKET - BY ORGANIZATION SIZE

6.1. SMALL AND MEDIUM ENTERPRISE

6.2. LARGE ENTERPRISE

7. ASIA-PACIFIC APPLICATION SECURITY MARKET - BY END-USER

7.1. HEALTHCARE

7.2. BFSI

7.3. EDUCATION

7.4. RETAIL

7.5. GOVERNMENT

7.6. OTHER END-USERS

8. ASIA-PACIFIC APPLICATION SECURITY MARKET – REGIONAL OUTLOOK

8.1. CHINA

8.2. JAPAN

8.3. INDIA

8.4. SOUTH KOREA

8.5. ASEAN COUNTRIES

8.6. AUSTRALIA & NEW ZEALAND

8.7. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

9.1. ACUNETIX

9.2. CHECKMARX

9.3. CONTRAST SECURITY

9.4. DATA THEOREM

9.5. HCL TECHNOLOGIES

9.6. HEWLETT PACKARD ENTERPRISE

9.7. IBM CORPORATION

9.8. MICRO FOCUS

9.9. NSFOCUS

9.10. PRADEO

9.11. QUALYS INC

9.12. RAPID7 INC

9.13. SITELOCK

9.14. SYNOPSYS

9.15. TRUSTWAVE

9.16. VERACODE

9.17. WHITEHAT SECURITY

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.2. SOURCES OF DATA

10.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF CONTRACTS & PARTNERSHIPS

TABLE 4: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 5: LIST OF NEW PRODUCT LAUNCHES

TABLE 6: LIST OF MERGERS & ACQUISITIONS

TABLE 7: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SECURITY TESTING TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY OFFERING, 2022-2028 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)

TABLE 11: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 12: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)

TABLE 13: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

TABLE 14: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 15: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: INDUSTRY COMPONENTS

FIGURE 3: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SECURITY TESTING TYPE, 2021 & 2028 (IN %)

FIGURE 4: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY STATIC APPLICATION SECURITY TESTING, 2022-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY DYNAMIC APPLICATION SECURITY TESTING, 2022-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY INTERACTIVE APPLICATION SECURITY TESTING, 2022-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY RUNTIME APPLICATION SELF PROTECTION, 2022-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY OFFERING, 2021 & 2028 (IN %)

FIGURE 9: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SERVICE, 2021 & 2028 (IN %)

FIGURE 11: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY MANAGED SERVICES, 2022-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY PROFESSIONAL SERVICES, 2022-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SOLUTION, 2021 & 2028 (IN %)

FIGURE 15: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 18: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY WEB APPLICATION SECURITY, 2022-2028 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY MOBILE APPLICATION SECURITY, 2022-2028 (IN $ MILLION)

FIGURE 20: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, 2021 & 2028 (IN %)

FIGURE 21: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY SMALL AND MEDIUM ENTERPRISE, 2022-2028 (IN $ MILLION)

FIGURE 22: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY LARGE ENTERPRISE, 2022-2028 (IN $ MILLION)

FIGURE 23: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 24: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)

FIGURE 25: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY BFSI, 2022-2028 (IN $ MILLION)

FIGURE 26: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY EDUCATION, 2022-2028 (IN $ MILLION)

FIGURE 27: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)

FIGURE 28: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)

FIGURE 29: ASIA-PACIFIC APPLICATION SECURITY MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

FIGURE 30: ASIA-PACIFIC APPLICATION SECURITY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 31: CHINA APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: JAPAN APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: INDIA APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: ASEAN COUNTRIES APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA-PACIFIC APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

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