December 6, 2024

Dynamic Application Security Testing: Accelerating mobile adoption driving demand

The global dynamic application security testing market is enabled by accelerating mobile adoption. Dynamic application security testing (DAST) helps detect security vulnerabilities and protects web and mobile applications from breaches. It automates the process of simulating real user attacks to test applications for common flaws like SQL injections, cross-site scripting and more.

DAST solutions have become necessary for organizations developing mobile apps and APIs which face unique security threats. The explosion of mobile devices and bring your own device policies have increased the attack surface for hackers. At the same time, new web and mobile technologies like progressive web apps have also introduced new points of entry. Dynamic application security testing addresses these challenges by providing thorough visibility of an application’s security and continuously monitoring for vulnerabilities.

The global dynamic application security testing Market is estimated to be valued at US$1.86 Bn in 2023 and is expected to exhibit a CAGR of 24% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the key trends in the dynamic application security testing market is the shift left philosophy. Moving security testing left in the development cycle helps avoid costly fixes later and ensures applications are secure by design. Vendors are now integrating DAST tools with APIs, SDKs and developer tools to enable testing in production environments and catch bugs early. This continues to drive adoption of continuous and automated security testing practices.

Porter’s Analysis
Threat of new entrants: Low-medium threat as it requires high R&D investment and integration efforts. However, cloud-based solutions lower the entry barriers.
Bargaining power of buyers: Medium – large buyers can negotiate for better pricing and customized solutions. However, need for testing security and compliance keeps the power in balance.
Bargaining power of suppliers: Low-medium as there are many solution providers. However, switching costs and integration efforts provide some bargaining power.
Threat of new substitutes: Low as other methods cannot holistically test applications behavior and identify vulnerabilities like DAST. However, alternative security testing methods put competitive pressure.
Competitive rivalry: High among existing vendors as the market is growing rapidly. Players compete based on features, pricing, and specialized sector solutions.

Key Takeaways
The global Dynamic Application Security Testing market is expected to witness high growth. The global dynamic application security testing Market is estimated to be valued at US$1.86 Bn in 2023 and is expected to exhibit a CAGR of 24% over the forecast period 2023 to 2030.

Regional analysis comprises:
North America is expected to hold the largest share in the Dynamic Application Security Testing Market. This growth can be attributed to stringent laws and regulations for data security in the US and Canada. For instance, US implemented laws like HIPPA for healthcare data protection are fueling the adoption of DAST solutions in the region.

Key players related content comprises:
Key players operating in the Dynamic Application Security Testing market are WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc. WhiteHat Security leads the market with its comprehensive platform for detecting vulnerabilities early in the development cycle. Veracode focuses on providing specialized solutions for financial and healthcare institutions.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it
Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.

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