How Big Is the Application Security Services Market?
According to ÂÌñÉç internal database and industry insights, the application security services market was valued at USD 7.9 billion in 2024 and is anticipated to reach USD 16.4 billion by 2031, registering a CAGR of 12.1%.
The market growth is largely driven by the proliferation of web and mobile applications, increasing threat of data breaches, rising demand for DevSecOps integration, and stringent regulatory mandates worldwide. Organizations are seeking to secure applications across development and runtime environments, which is accelerating demand for both cloud-native and on-premise security services.
Growth Factors of the Application Security Services Market
- Growing adoption of microservices and containerized applications leading to broader attack surfaces.
- Rising complexity of application environments requiring dynamic and continuous security testing.
- Escalating incidents of cyberattacks targeting APIs, web apps, and mobile platforms.
- Demand for end-to-end protection throughout the CI/CD pipeline.
- Regulatory frameworks like GDPR, HIPAA, and PCI DSS pushing security-first approaches.
- Increasing preference for managed security service providers (MSSPs) to support in-house security gaps.
Application Security Services Market Trends
The Application Security Services Market is undergoing transformation as enterprises embrace DevSecOps, automate vulnerability scanning, and implement AI-powered threat detection. Cloud-native architectures and zero-trust frameworks are driving adoption of dynamic and interactive application security testing. In addition, real-time dashboards, threat analytics, and centralized visibility are becoming standard in modern application security ecosystems.
Emerging Developments in Application Security Services Market
Application Security Services Market is evolving rapidly as organizations prioritize secure software development and deployment. One major development is the widespread adoption of DevSecOps, integrating security earlier in the software lifecycle. There is also growing use of AI and machine learning to detect anomalies, predict vulnerabilities, and automate threat responses. The shift toward cloud-native applications has led to increased demand for dynamic and scalable security services, including container and API security.
Major Companies in the Application Security Services Industry
- Synopsys
- Checkmarx
- WhiteHat Security (Now part of NTT Security)
- Veracode
- Micro Focus (OpenText)
- Rapid7
How big is the Application Security Services Market : FAQ's
The application security services market is expected to exceed the valuation of USD 16.4 billion by 2031.
The market was valued at approximately USD 7.9 billion in 2024.
The market is expected to grow at a CAGR of 12.1% during this period.
Increasing cyber threats, adoption of DevSecOps, and compliance requirements are key drivers.
Key companies include Veracode, Synopsys, Checkmarx, and Micro Focus.
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