MOBILE RUNTIME APPLICATION SELF-PROTECTION MARKET ANALYSIS

Regional Analysis

BFSI segment held dominant position in the market and is expected to retain its dominance over the forecast period

Asia Pacific market is projected to witness the highest CAGR over the forecast period

Asia Pacific is expected to be the fastest growing market for RASP software over the forecast period. The emerging economies in the region such as India and China are witnessing an influx of a large number of software companies such as IBM and HP setting up research and development facilities in the region, in order to technologically update their existing RASP products. These factors are driving growth of the market in the region.

A large number of RASP solution vendors based in North America and Europe are also focusing on expanding in Asia Pacific countries, in order to tap the market for RASP software services in the region, which in turn is expected to drive growth of the market.