MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET 2021-2028

ICT | Security

MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET 2021-2028

Market by Solution, Service, Deployment, Organization Size, Testing Type, End-user, and Country | Forecast 2021-2028

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According to Triton’s research report, the application security market in the Middle East and Africa is likely to grow at a compound annual growth rate of 12.13% during the predicted years 2021-2028.


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The countries considered for analysis in this market are:

•        The United Arab Emirates

•        Turkey

•        South Africa

•        Saudi Arabia

•        Rest of Middle East & Africa

In the recent past, the digital landscape has been entirely transformed in the United Arab Emirates. Moreover, the country has created a favorable environment for digital technologies via infrastructures and policies. Along with this, the government has promoted several innovators supporting the growth of new technologies. This support has resulted in the higher adoption of connected devices among the population base. Here, social media platforms have gained significant traction, increasing the demand for smartphones to a large extent. This massive upsurge in internet usage has led to the rise in threats related to cyberattacks, influencing industry players to take steps to mitigate such risks. Therefore, as stated above, these factors are likely to influence the investment in security solutions, fueling the growth of the application security market.

Similarly, there is a high penetration of smartphones in Turkey, with the highest internet traffic globally. Earlier, the country was considered the origin of cyberattacks; however, the rise in awareness about the importance of security supported the development of security infrastructure. Additionally, DenizBank, a leading Turkish bank, uses OneSpan’s mobile security suite to protect customers using the mobile banking app MobilDeniz. Hence, such developments are likely to boost the growth of the application security market in Turkey.

Checkmarx offers software services that help detect security weaknesses in mobile and web applications. Moreover, it provides a source code analysis solution that assists in detecting, tracking, and mending logical and technical security errors. The company also offers on-premise secure software development lifecycle, compliance and risk management, and on-demand solutions to its customer base. Checkmarx has its headquarter based in Tel Aviv, Israel. 

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Table of Content

1. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. KEY INSIGHTS

2.1.1. GROWING ADOPTION OF THIRD-PARTY APPLICATIONS

2.1.2. SURGE IN MOBILE PAYMENTS

2.2. IMPACT OF COVID-19 ON APPLICATION SECURITY MARKET

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

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 MATRIX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. CONTRACTS & PARTNERSHIPS

2.6.2. BUSINESS EXPANSIONS & DIVESTITURES

2.6.3. NEW PRODUCT LAUNCHES

2.7. MARKET DRIVERS

2.7.1. INCREASE IN NUMBER OF CYBER BREACHES

2.7.2. OUTSOURCING IT

2.7.3. STRINGENT BY-LAWS

2.8. MARKET CHALLENGES

2.8.1. LACK OF EXPERTISE IN APPLICATION SECURITY

2.8.2. BUDGET CONSTRAINT FOR IMPLEMENTING APPLICATION SECURITY

2.9. MARKET OPPORTUNITIES

2.9.1. GOVERNMENT REGULATIONS DRIVING SECURITY NEEDS

3. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET – BY SOLUTION

3.1. WEB APPLICATION SECURITY

3.2. MOBILE APPLICATION SECURITY

4. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - BY SERVICE

4.1. MANAGED

4.2. PROFESSIONAL

5. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - BY DEPLOYMENT

5.1. CLOUD

5.2. ON-PREMISE

6. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - BY ORGANISATION SIZE

6.1. SMALL AND MEDIUM ENTERPRISE

6.2. LARGE ENTERPRISE

7. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - BY TESTING TYPE

7.1. SAST

7.2. DAST

7.3. IAST

7.4. RASP

7.5. OTHERS

8. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET - BY END-USER

8.1. BFSI

8.2. GOVERNMENT AND DEFENSE

8.3. HEALTHCARE

8.4. IT & TELECOM

8.5. MANUFACTURING

8.6. RETAIL

8.7. OTHERS

9. MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET – REGIONAL OUTLOOK

9.1. COUNTRY ANALYSIS

9.1.1. UNITED ARAB EMIRATES

9.1.2. TURKEY

9.1.3. SAUDI ARABIA

9.1.4. SOUTH AFRICA

9.1.5. REST OF MIDDLE EAST & AFRICA

10. COMPETITIVE LANDSCAPE

10.1. ACUNETIX

10.2. CHECKMARX

10.3. CONTRAST SECURITY

10.4. HEWLETT PACKARD ENTERPRISE

10.5. IBM CORPORATION

10.6. NSFOCUS

10.7. PRADEO

10.8. QUALYS INC

10.9. RAPID7 INC

10.10. SITELOCK

10.11. SYNOPSYS

10.12. TRUSTWAVE

10.13. VERACODE INC

10.14. WHITEHAT SECURITY

11. METHODOLOGY & SCOPE

11.1. RESEARCH SCOPE & DELIVERABLES

11.2. SOURCES OF DATA

11.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS MATRIX

TABLE 3: VENDOR SCORECARD

TABLE 4: LIST OF CONTRACTS & PARTNERSHIPS

TABLE 5: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 6: LIST OF NEW PRODUCT LAUNCHES

TABLE 7: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SOLUTION, 2021-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SERVICE, 2021-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY DEPLOYMENT, 2021-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY TESTING TYPE, 2021-2028 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 12: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, 2021-2028 (IN $ MILLION)

TABLE 13: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 14: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SOLUTION, 2020 & 2028 (IN %)

FIGURE 3: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY WEB APPLICATION SECURITY, 2021-2028 (IN $ MILLION)

FIGURE 4: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY MOBILE APPLICATION SECURITY, 2021-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SERVICE, 2020 & 2028 (IN %)

FIGURE 6: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY MANAGED, 2021-2028 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY PROFESSIONAL, 2021-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY DEPLOYMENT, 2020 & 2028 (IN %)

FIGURE 9: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY CLOUD, 2021-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY ON-PREMISE, 2021-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY TESTING TYPE, 2020 & 2028 (IN %)

FIGURE 12: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SMALL AND MEDIUM ENTERPRISE, 2021-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY LARGE ENTERPRISE, 2021-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY END-USER, 2020 & 2028 (IN %)

FIGURE 15: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY SAST, 2021-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY DAST, 2021-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY IAST, 2021-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY RASP, 2021-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY ORGANISATION SIZE, 2020 & 2028 (IN %)

FIGURE 21: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY BFSI, 2021-2028 (IN $ MILLION)

FIGURE 22: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY GOVERNMENT AND DEFENSE, 2021-2028 (IN $ MILLION)

FIGURE 23: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)

FIGURE 24: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)

FIGURE 25: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

FIGURE 26: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY RETAIL, 2021-2028 (IN $ MILLION)

FIGURE 27: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 28: MIDDLE EAST AND AFRICA APPLICATION SECURITY MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 29: UNITED ARAB EMIRATES APPLICATION SECURITY MARKET 2021-2028 (IN $ MILLION)

FIGURE 30: TURKEY APPLICATION SECURITY MARKET 2021-2028 (IN $ MILLION)

FIGURE 31: SAUDI ARABIA APPLICATION SECURITY MARKET 2021-2028 (IN $ MILLION)

FIGURE 32: SOUTH AFRICA APPLICATION SECURITY MARKET 2021-2028 (IN $ MILLION)

FIGURE 33: REST OF MIDDLE EAST & AFRICA APPLICATION SECURITY MARKET 2021-2028 (IN $ MILLION)

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