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(IT-NEWSWIRE.COM, April 21, 2015 ) Dallas, TX -- Companies around the world are witnessing unprecedented dependence on technology to run their business and drive revenue growth. With more and more business functions being enabled and enriched by innovative IT applications and solutions, IT security has become more crucial. In addition, ensuring a secure infrastructure has become a top priority for business organizations. In the past few years, the world had witnessed several high profile security threats and attacks on organizations across different industry verticals and business segments. The consequences were not only severe from a financial standpoint but in most cases, very public, thus putting the organizationís goodwill and reputation at stake.
Security testing is a type of software testing service that helps in tracking the vulnerabilities in the information system. This enables rectification of the flaws in an information system and safeguards it from exposure to security breach and unauthorized access by intruders. The security testing services are segmented under the non-functionality testing service and adopted by most business enterprises and government organizations. With an increase in internet penetration, the number of security threats has also increased, leading to increased demand for security testing services.
The analysts forecast Global Security Testing market to grow at a CAGR of 13.46 percent over the period 2014-2019.
Covered in this Report
The Global Security Testing market is divided into the following segments based on end-users: BFSI, Telecom, Manufacturing, and Others. The market is also segmented by geography into the Americas, the EMEA region, and the APAC region.
The report, Global Security Testing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.
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Other Prominent Vendors
Check Point Software Technologies
Verizon Enterprise Solutions
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Rise in Number of Security Threats
High Implementation Cost
Increased Need for Security Testing among SMEs
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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