Enterprises are increasingly utilising third-party applications and cloud computing to streamline business operations, which is projected to aid in market expansion. Companies are also implementing dynamic application security testing solutions to lessen the risk of cyber-attacks. High deployment costs are predicted to have a negative impact on the dynamic application security testing market's growth. Dynamic application security testing services include a wide range of applications such as monitoring, process execution, application security planning, and others.
The market for Dynamic Application Security Testing is estimated to increase from USD 736.0 Million in 2017 to USD 2,398.5 Million by 2022, at a compound annual growth rate (CAGR) of 26.7% over the forecast period.
Top Companies in the Dynamic Application Security Testing Industry:
1. WhiteHat Security: Operator of an iGaming full-service platform designed to enable modular casino and sportsbook player account management that is secure, scalable, and versatile. The platform of the company provides a digital wallet through a fully centralised back office, fraud detection and prevention tools, CRM connectivity, and a content management system, allowing operators to have a direct hosting platform to construct, operate, and transfer auxiliary services in-house as they grow. Founded 2012. The headquarters are in Malta.
2. Veracode: Provider of a cloud-based application security platform designed to detect and correct security flaws across the software development lifecycle. The company improves application security from the start by integrating security into the software development process, allowing security teams, software developers, and enterprises of all sizes to test and monitor the security of their applications during the development and deployment process. Founded 2006. Headquarters are in the United States.Veracode, a renowned global provider of application security testing tools, will launch the Veracode Velocity Partner Programme in 2022.
3. Synopsys: Established in 1986. Headquarters are in the United States. Synopsys is a company that sells electrical design automation software, intellectual property, and software integrity. In a full-flow end-to-end solution, EDA software automates the semiconductor design process, improving design accuracy, productivity, and complexity. Customers can manage and test the code base for security and quality as the firm's SI business expands. Synopsys' Strategic Partnership with Samsung Foundry Accelerates Access to Game-Changing 3nm GAA Technology
4. Accenture: Accenture is a worldwide management consulting organisation headquartered in Dublin, Ireland, that was founded in 1989. Management consulting, systems integration and technology, business process outsourcing, risk management, information technology, and infrastructure outsourcing services are among the firm's specialties. Accenture serves a diverse range of industries, including banking, financial markets, travel, utilities, communications, healthcare, natural resources, energy, media, technology, and retail. Accenture stated in 2019 that it has expanded its collaboration with Channel 4 to help generate new prospects for the broadcaster's award-winning streaming platform, "All 4", within its new National HQ in Leeds.
5. IBM Corporation: IBM intends to be involved in all aspects of an enterprise's IT requirements. The company primarily sells software, information technology services, consulting, and hardware. Founded 1911. , IBM announced the completion of its acquisition of Red Hat, establishing IBM as the premier hybrid cloud provider and driving IBM's high value business model.
6. Micro Focus: Micro Focus International is an enterprise software firm that supports the needs and problems of technology. Its solutions assist organisations in leveraging existing IT investments, enterprise applications, and future technologies to handle complex, fast changing business requirements while safeguarding corporate data at all times. It was founded in 1976. The company's headquarters are in England, United Kingdom.
Definition: Dynamic application security testing (DAST) is a method of AppSec testing in which testers examine an application while it's running, but have no knowledge of the application's internal interactions or designs at the system level, and no access or visibility into the source program.
