The major factors fueling the growth of the application security testing market are rise in security breaches targeting web and mobile applications and strong regulations and compliance requirements among SMEs and large enterprises Open source tools were also developed for security testing by companies. As security threats evolved, new methods of security testing were developed. The market for security testing has evolved from an in-house process to a service-based market, with rapid growth in the use of applications in organizations. In the testing type, application security testing segment to hold the largest market size during the forecast periodĪpplication security testing is carried out to identify the vulnerabilities, threats, and overall risks associated with the internal and external applications along with its APIs.
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