Dynamic Application Security Testing Market Valued at USD 16.03 Billion by 2030, Growing at 26.98% CAGR

The Dynamic Application Security Testing Market size was valued at USD 3.03 Billion in 2023 and the total Dynamic Application Security Testing revenue is expected to grow at a CAGR of 26.98 % from 2024 to 2030, reaching nearly USD 16.03 Billion by 2030.

Dynamic Application Security Testing Market Overview:

Dynamic Application Security Testing (DAST) involves evaluating web applications during their operational phase to detect and address security vulnerabilities. This proactive approach is becoming increasingly vital as organizations strive to protect sensitive data and maintain compliance with stringent regulatory standards. The surge in mobile and web application usage across various industries has further amplified the demand for robust DAST solutions. The market's expansion is also fueled by the integration of DAST tools with DevSecOps practices, enabling continuous security assessment throughout the software development lifecycle. Innovations in automation and artificial intelligence are enhancing the accuracy and efficiency of these testing solutions, making them more accessible and effective for organizations of all sizes.

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Dynamic Application Security Testing Market Dynamics:

The proliferation of cloud services has significantly influenced the DAST market's growth. As companies migrate to cloud-native applications, the need for specialized security testing tools has become paramount. Gartner's projection of the cloud security services market reaching USD 24.6 billion by 2023 underscores this trend.

However, the market faces challenges, including the complexity of modern application architectures and the rapid pace of software development cycles. Balancing the need for thorough security testing with the demand for agile deployment requires organizations to adopt integrated solutions that do not compromise on either front.

Dynamic Application Security Testing Market Outlook and Future Trends

Looking ahead, the DAST market is set to witness substantial advancements driven by the incorporation of artificial intelligence and machine learning technologies. These innovations aim to enhance the predictive capabilities of security testing tools, allowing for the identification of vulnerabilities before they can be exploited.

Furthermore, as regulatory frameworks around data protection become more stringent globally, organizations will increasingly prioritize comprehensive security testing solutions to ensure compliance and safeguard their reputations. The emphasis on integrating security measures seamlessly into the development process is expected to shape the future landscape of the DAST market.

Key Recent Developments:

Vietnam and Thailand: The Southeast Asian region is witnessing a surge in cybersecurity initiatives, with governments and enterprises investing in advanced security testing solutions to combat rising cyber threats. Collaborations between local firms and international security providers are becoming more prevalent, aiming to bolster the region's cybersecurity infrastructure.

Japan and South Korea: In 2023, Synopsys completed the acquisition of PikeTec, a provider of verification and testing tools for automotive software, enhancing its DAST capabilities in the automotive sector.

Singapore: Singapore continues to position itself as a cybersecurity hub in Asia, with the government launching initiatives to support the development and adoption of advanced security solutions. Public-private partnerships are fostering innovation in DAST technologies, catering to the needs of both local and regional markets.

United States: In April 2022, Synopsys announced the acquisition of WhiteHat Security for $330 million, expanding its portfolio in application security and providing insights for DevOps teams.

Europe: In 2023, OpenText acquired Micro Focus, including its Fortify Software products, strengthening its position in the DAST market.

Dynamic Application Security Testing Market Segmentation

by Type

Solution
Service

by Deployment

On-Premises
Cloud

by Organization Size

SMEs
Large Enterprises

by Application

Web Application Security
Mobile Application Security

by End User

Government & Defense
BFSI
IT & Telecom
Healthcare
Retail
Manufacturing
Others

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Some of the current players in the Dynamic Application Security Testing Market are:

Major Contributors in the Dynamic Application Security Testing Industry in North America:
1. Veracode, Burlington, MA, USA
2. WhiteHat Security, San Jose, CA, USA
3. Synopsys, Mountain View, CA, USA
4. IBM Security Armonk, NY, USA

Leading players in the Europe Dynamic Application Security Testing Market:
1. Micro Focus, Newbury, UK
2. Pradeo Paris, France
3. Tieto Espoo, Finland
4. HTTPCS, Anglet, France

Key players driving the Asia-Pacific Dynamic Application Security Testing market:
1. Appknox, Singapore
2. Horangi, Singapore
3. SecureLayer7 Bengaluru, India

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