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Security Testing Market to exceed $46 Bn by 2032, Says Global Market Insights Inc.

Major security testing market participants include IBM Corporation, Hewlett Packard Enterprise (HPE), Cisco Systems, Inc., Qualys, Inc., McAfee, LLC, Check Point Software Technologies Ltd., and Fortinet, Inc.

Selbyville, Delaware, May 22, 2024 (GLOBE NEWSWIRE) —

The security testing market valuation is predicted to surpass USD 46 billion by 2032, as reported in a

In July 2023, Hewlett Packard Enterprise (HPE) revealed that Fastweb S.p.A, a top telecom operator in Italy, chose HPE’s GreenLake edge-to-cloud platform to revamp its Fastcloud Business Unit. This move aims to hasten the deployment of new services and enhance agility. Additionally, the platform improves governance, security, and operational efficiency while offering better visibility into utilization and costs.

Partial chapters of report table of contents (TOC):

Chapter 1   Methodology & Scope
1.1    Market scope & definition
1.2    Base estimates & calculations
1.3    Forecast calculation
1.4    Data sources
1.4.1    Primary
1.4.2    Secondary
1.4.2.1   Paid sources
1.4.2.2   Public sources
Chapter 2   Executive Summary
2.1    Security testing market 3600 synopsis, 2018 – 2032
2.2    Business trends
2.2.1    Total Addressable Market (TAM), 2024 – 2032
2.3    Regional trends
2.4    Type trends
2.5    Enterprise size trends
2.6    Deployment model trends
2.7    Industry vertical trends
Chapter 3   Security Testing Market Insights
3.1    Impact of COVID-19
3.2    Impact of the Russia-Ukraine war
3.3    Industry ecosystem analysis
3.4    Technology & innovation landscape
3.5    Patent analysis
3.6    Key news and initiatives
3.6.1    Partnership/Collaboration
3.6.2    Merger/Acquisition
3.6.3    Investment
3.6.4    Product launch & innovation
3.7    Regulatory landscape
3.8    Impact forces
3.8.1    Growth drivers
3.8.1.1   Increasing cyberattacks and data breaches
3.8.1.2   Growing adoption of cloud computing and IoT
3.8.1.3   Rising demand for security testing from Small- & Medium-sized Enterprises (SMEs)
3.8.1.4   Advancements in security testing
3.8.1.5   Surge in government regulations to protect data and privacy
3.8.2    Industry pitfalls & challenges
3.8.2.1   High costs associated with security testing tools and services
3.8.2.2   Lack of skilled security professionals
3.9    Growth potential analysis
3.10    Porter’s analysis
3.11    PESTEL analysis
Chapter 4   Competitive Landscape, 2023
4.1    Introduction
4.2    Company market share, 2023
4.3    Competitive analysis of major market players, 2023
4.3.1    Synopsys
4.3.2    Veracode
4.3.3    Checkmarx Ltd
4.3.4    OpenText
4.3.5    Intertek Group PLC
4.3.6    SecureWorks
4.3.7    Cisco
4.4    Competitive positioning matrix, 2023
4.5    Strategic outlook matrix, 2023
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About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Global Market Insights Inc.
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