PENETRATION TESTING MARKET ANALYSIS

Penetration Testing Market by Testing Service (Network penetration testing, Web Application Penetration Testing, Mobile Application Penetration Testing, Social Engineering, Wireless Penetration testing, and Others), by Deployment Mode (Cloud and On-premises), by Organization Size (Small and Medium Enterprises and Large Enterprises), by Industrial Vertical (Government and Defense, Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Healthcare, Retail, and Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Jan 2025
Code : CMI2103
Formats :
Excel and PDF
Industry : Information and Communication Technology

Market Challenges And Opportunities

Lower adoption of penetration testing systems by smaller organizations is hindering market growth

The adoption rate of penetration testing systems is very low in smaller enterprises, as these companies allocate lesser budget on cyber security solutions and penetration testing. Lack of knowledge and awareness regarding the use of security services in various industries coupled with shortage of skilled labor to carry out penetration testing exercises is adversely impacting growth of the penetration testing market.