The latest market report published by Credence Research, Inc. “Penetration Testing As A Service (PTaaS) Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Penetration Testing As A Service (PTaaS) Market generated around USD 398.5 million in 2021 and is anticipated to grow a CAGR of over 15.4% during the forecast period from 2022 to 2028 to reach around USD 941.16 million in 2028.
The market for penetration testing as a service (PTaaS) is expected to grow due to the increased demand for compliance measures and the frequency of cyberattacks. The increased demand for software-based assets’ security, particularly mobile and online apps, is predicted to grow the global market. As cloud-based security solutions are utilized more frequently, it is also projected that demand for penetration testing as a service (PTaaS) will increase. Hence, it is anticipated that this will promote market expansion. As digitization extends throughout emerging countries, it is also projected that the trend of linked devices based on the Internet of Things will increase. As a result, there is a higher demand for penetration testing as a service (PTaaS). Due to the expanding worldwide internet economy and the rising demand for security, the global market will rise throughout the projection period. Additionally, the necessity for penetration testing as a service is increasing due to the rise in wireless networks and linked devices across several industrial sectors (PTaaS). However, penetration testing as a service (PTaaS) market expansion is anticipated to be constrained by a lack of competent workforces and a lack of awareness in several emerging and underdeveloped nations.
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The penetration testing as a service (PTaaS) market is segmented into service type, organization type, type, deployment, end users, and geography. Based on the service type, the penetration testing as a service (PTaaS) market is segmented into professional and managed services. Based on organization type, the penetration testing as a service (PTaaS) market is segmented into large enterprises and SMEs. Based on type, the penetration testing as a service (PTaaS) market is segmented into web applications, mobile applications, network infrastructure, cloud, and social engineering. Based on the deployment, the Penetration Testing As A Service (PTaaS) market is segmented into on-cloud and on-premise. Based on the end user, the Penetration Testing As A Service (PTaaS) market is segmented into BFSI, healthcare, IT and ITES, telecommunications, retail and e-commerce, manufacturing, education, and others. Based on geography, the penetration testing as a service (PTaaS) market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
In 2021, North America dominated the global Penetration Testing As A Service (PTaaS) market. Businesses in North America use the best business practices in all aspects of their daily operations, and they are also leaders in developing security, penetration testing, and vulnerability management solutions, causing the region to adopt options for penetration testing as a service (PTaaS). The evolution of cyberattacks, the necessity for regulatory compliance, and growing security concerns are other key factors impacting the demand increase. The two nations with the greatest economies in the region—the US and Canada—contribute significantly to the North American penetration testing as a service (PTaaS) market.
Why To Buy This Report-
- The report provides a qualitative and quantitative analysis of the Penetration Testing As A Service (PTaaS) market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at regional and country level.
- In-depth analysis of the Penetration Testing As A Service (PTaaS) market segmentation based on the service type, organization type, type, deployment, and end users.
- The Penetration Testing As A Service (PTaaS) market report also includes analyzing the regional and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
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Table oF Content:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Penetration Testing As A Service (PTaaS) Market
2.2. Global Penetration Testing As A Service (PTaaS) Market, By Service Type
2.3. Global Penetration Testing As A Service (PTaaS) Market, By Organization Type
2.4. Global Penetration Testing As A Service (PTaaS) Market, By Type
2.5. Global Penetration Testing As A Service (PTaaS) Market, By Deployment
2.6. Global Penetration Testing As A Service (PTaaS) Market, By End-Users
2.7. Global Penetration Testing As A Service (PTaaS) Market, By Region
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Penetration Testing As A Service (PTaaS) Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Service Type
3.3.2. Organization Type
3.3.3. Type
3.3.4. Deployment
3.3.5. End-Users
3.3.6. Geography
4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others
6. COVID 19 Impact Analysis
6.1. Global Penetration Testing As A Service (PTaaS) Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply
7. Global Internet of Things Market
7.1. Global Penetration Testing As A Service (PTaaS) Market, by Service Type, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Penetration Testing As A Service (PTaaS) Market, By Service Type, 2021 vs 2028 (in%)
7.1.3. Global Penetration Testing As A Service (PTaaS) Market, By Professional Services, 2016-2028 (US$ Bn)
7.1.4. Global Penetration Testing As A Service (PTaaS) Market, By Managed Services, 2016-2028 (US$ Bn)
7.2. Global Penetration Testing As A Service (PTaaS) Market, by Organization Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Penetration Testing As A Service (PTaaS) Market, By Organization Type, 2021 vs 2028 (in%)
7.2.3. Global Penetration Testing As A Service (PTaaS) Market, By Large Enterprise, 2016-2028 (US$ Bn)
7.2.4. Global Penetration Testing As A Service (PTaaS) Market, By SMEs, 2016-2028 (US$ Bn)
7.3. Global Penetration Testing As A Service (PTaaS) Market, by Type, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Global Penetration Testing As A Service (PTaaS) Market, By Type, 2021 vs 2028 (in%)
7.3.3. Global Penetration Testing As A Service (PTaaS) Market, By Web Applications, 2016-2028 (US$ Bn)
7.3.4. Global Penetration Testing As A Service (PTaaS) Market, By Mobile Applications, 2016-2028 (US$ Bn)
7.3.5. Global Penetration Testing As A Service (PTaaS) Market, By Network Infrastructure, 2016-2028 (US$ Bn)
7.3.6. Global Penetration Testing As A Service (PTaaS) Market, By Cloud, 2016-2028 (US$ Bn)
7.3.7. Global Penetration Testing As A Service (PTaaS) Market, By Social Engineering, 2016-2028 (US$ Bn)
7.4. Global Penetration Testing As A Service (PTaaS) Market, by Deployment, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Global Penetration Testing As A Service (PTaaS) Market, By Deployment, 2021 vs 2028 (in%)
7.4.3. Global Penetration Testing As A Service (PTaaS) Market, By On-cloud, 2016-2028 (US$ Bn)
7.4.4. Global Penetration Testing As A Service (PTaaS) Market, By On-premise, 2016-2028 (US$ Bn)
7.5. Global Penetration Testing As A Service (PTaaS) Market, by End-Users, 2016-2028(US$ Bn)
7.5.1. Overview
7.5.2. Global Penetration Testing As A Service (PTaaS) Market, By End-Users, 2021 vs 2028 (in%)
7.5.3. Global Penetration Testing As A Service (PTaaS) Market, By BFSI, 2016-2028 (US$ Bn)
7.5.4. Global Penetration Testing As A Service (PTaaS) Market, By Healthcare, 2016-2028 (US$ Bn)
7.5.5. Global Penetration Testing As A Service (PTaaS) Market, By IT and ITES, 2016-2028 (US$ Bn)
7.5.6. Global Penetration Testing As A Service (PTaaS) Market, By Telecommunications, 2016-2028 (US$ Bn)
7.5.7. Global Penetration Testing As A Service (PTaaS) Market, By Retail and E-commerce, 2016-2028 (US$ Bn)
7.5.8. Global Penetration Testing As A Service (PTaaS) Market, By Manufacturing, 2016-2028 (US$ Bn)
7.5.9. Global Penetration Testing As A Service (PTaaS) Market, By Education, 2016-2028 (US$ Bn)
7.5.10. Global Penetration Testing As A Service (PTaaS) Market, By Others, 2016-2028 (US$ Bn)
8. North America Penetration Testing As A Service (PTaaS) Market Analysis
8.1. North America Penetration Testing As A Service (PTaaS) Market, by Service Type, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Penetration Testing As A Service (PTaaS) Market, by Organization Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Penetration Testing As A Service (PTaaS) Market, by Type, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Penetration Testing As A Service (PTaaS) Market, by Deployment, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. SRC Analysis
8.5. North America Penetration Testing As A Service (PTaaS) Market, by End-Users, 2016-2028(US$ Bn)
8.5.1. Overview
8.5.2. SRC Analysis
8.6. North America Penetration Testing As A Service (PTaaS) Market, by Country, 2016-2028 (US$ Bn)
8.6.1. U.S.
8.6.1.1. U.S. Penetration Testing As A Service (PTaaS) Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.6.1.2. U.S. Penetration Testing As A Service (PTaaS), By Service Type, 2016-2028 (US$ Bn)
8.6.1.3. U.S. Penetration Testing As A Service (PTaaS), By Organization Type, 2016-2028 (US$ Bn)
8.6.1.4. U.S. Penetration Testing As A Service (PTaaS), By Type, 2016-2028 (US$ Bn)
8.6.1.5. U.S. Penetration Testing As A Service (PTaaS), By Deployment, 2016-2028 (US$ Bn)
8.6.1.6. U.S. Penetration Testing As A Service (PTaaS), By End-Users, 2016-2028 (US$ Bn)
8.6.2. Canada
8.6.2.1. Canada Penetration Testing As A Service (PTaaS) Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.6.2.2. Canada Penetration Testing As A Service (PTaaS), By Service Type, 2016-2028 (US$ Bn)
8.6.2.3. Canada Penetration Testing As A Service (PTaaS), By Organization Type, 2016-2028 (US$ Bn)
8.6.2.4. Canada Penetration Testing As A Service (PTaaS), By Type, 2016-2028 (US$ Bn)
8.6.2.5. Canada Penetration Testing As A Service (PTaaS), By Deployment, 2016-2028 (US$ Bn)
8.6.2.6. Canada Penetration Testing As A Service (PTaaS), By End-Users, 2016-2028 (US$ Bn)
9. Europe Penetration Testing As A Service (PTaaS) Market Analysis
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10. Asia Pacific Penetration Testing As A Service (PTaaS) Market Analysis
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11. Latin America Penetration Testing As A Service (PTaaS) Market Analysis
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12. Middle East and Africa Penetration Testing As A Service (PTaaS) Market Analysis
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13. Company Profiles
13.1. Rapid7
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Secureworks
13.3. Synopsys
13.4. CrowdStrike
13.5. IBM
13.6. Coalfire Labs
13.7. Indium Software
13.8. Cigniti Technologies Ltd
13.9. Trustwave
13.10. Cisco Systems
13.11. Fortinet
13.12. Bugcrowd
13.13. Invicti
13.14. Hackerone
13.15. Raxis
13.16. RSI Security
13.17. Rhino Security Labs
13.18. Sciencesoft Limited
13.19. Portswigger
13.20. Netragard
13.21. Software Secured
13.22. Vumetric Cybersecurity
13.23. Nettitude
13.24. Zimperium
13.25. NowSecure
13.26. SecurityMetrics
13.27. NetSPI
13.28. CovertSwarm
13.29. Holm Security
13.30. Intruder Systems
13.31. BreachLock
13.32. ISECURION
13.33. Redbot Security
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