EUROPE APPLICATION SECURITY MARKET 2022-2028

ICT | Security

EUROPE 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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Based on estimates by Triton, the application security market in Europe is expected to witness revenue growth at a CAGR of 15.14% over the forecasted phase 2022-2028.


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The countries studied in this market comprise:

•        The United Kingdom

•        Spain

•        Germany

•        Italy

•        France

•        Russia

•        Rest of Europe

Data breaches have been on the higher end in the region. As per the Data Breach 2020 report by the European Union Agency for Cybersecurity, cloud or web applications are used as a vector for attempts to breach data or critical information. Moreover, exploiting limitations in the application servers to deliver information-stealing malware are examples of this vector. For instance, in May 2020, information relating to more than a thousand staff and members of the European Parliament was exposed in a major data breach incident. This unprotected data included personal information, prompting the need for advanced security solutions. Therefore, such incidents highlight the need for security measures, thereby driving the growth of the application security market.

In the United Kingdom, there are over 64 million people with high internet usage. The country is among the world leaders in mobile payment innovations, successfully implementing chip and PIN contactless technology for cards to ensure faster payments. Additionally, the country has witnessed tremendous growth in mobile users, inclining towards cashless mobile payments. This growth in contactless payments increases the risk of payment scams, which amplifies the adoption of application security solutions.

Acunetix offers on-premise and online solutions to businesses. It helps detect vulnerability in the applications that are built on PHP, WordPress, ASP.NET, and Java Frameworks. The company is also engaged in delivering a range of manual and automated testing tools that enables security analysts to perform vulnerability assessment and repair the identified security risks. Acunetix has operations across the globe, with headquarters in the United Kingdom. 

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Table of Content

1. EUROPE APPLICATION SECURITY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON 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 MORE 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. EUROPE 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. EUROPE 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. EUROPE APPLICATION SECURITY MARKET - BY APPLICATION

5.1. WEB APPLICATION SECURITY

5.2. MOBILE APPLICATION SECURITY

6. EUROPE APPLICATION SECURITY MARKET - BY ORGANIZATION SIZE

6.1. SMALL AND MEDIUM ENTERPRISE

6.2. LARGE ENTERPRISE

7. EUROPE 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. EUROPE APPLICATION SECURITY MARKET – REGIONAL OUTLOOK

8.1. UNITED KINGDOM

8.2. GERMANY

8.3. FRANCE

8.4. SPAIN

8.5. ITALY

8.6. RUSSIA

8.7. REST OF EUROPE

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: EUROPE 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: EUROPE APPLICATION SECURITY MARKET, BY SECURITY TESTING TYPE, 2022-2028 (IN $ MILLION)

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

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

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

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

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

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

TABLE 14: EUROPE APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: INDUSTRY COMPONENTS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 17: EUROPE APPLICATION SECURITY MARKET, BY APPLICATION, 2021 & 2028 (IN %)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 36: RUSSIA APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)

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

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