The global penetration testing market is anticipated to grow with a CAGR of 14.9% over the forecast period, i.e., 2022-2031. Factors such as growing penetration of smartphones, along with urge to avoid security breaches are projected to drive the growth of market in the coming years. Additionally, growing adoption of cloud computing, and rise in adoption of penetration testing system are also expected to boost the market trend. The market is estimated to garner a revenue of more than USD 5,500 Million by the end of 2031, up from a revenue of near to USD 1,400 Million, in the year 2021.
The global penetration testing market is segmented into numerous segment, which includes segmentation component, type, enterprise size, deployment, and by end user industry. By enterprise size, the market is segmented into small & medium enterprise [SMEs], and large enterprise. By the end of 2031, the small & medium enterprise [SMEs] segment is anticipated to grow at a highest CAGR of around 16% over the forecast period.
On the basis of region, the global penetration testing market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in the North America is anticipated to garner the largest revenue of more than USD 2,100 Million by the end of 2031. Moreover, in the year 2021, the market in the region generated a revenue of over USD 530 Million.
Some of the prominent industry leaders in the global penetration testing market that are included in the report are Synopsys, Inc., Invicti, FireEye, IBM Corporation, Rapid7, Rhino Security Labs, Inc., Bishop Fox, VERACODE, Secureworks, Inc., and others.
The global penetration testing market is segmented into numerous segment, which includes segmentation component, type, enterprise size, deployment, and by end user industry. By enterprise size, the market is segmented into small & medium enterprise [SMEs], and large enterprise. By the end of 2031, the small & medium enterprise [SMEs] segment is anticipated to grow at a highest CAGR of around 16% over the forecast period.
On the basis of region, the global penetration testing market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in the North America is anticipated to garner the largest revenue of more than USD 2,100 Million by the end of 2031. Moreover, in the year 2021, the market in the region generated a revenue of over USD 530 Million.
Some of the prominent industry leaders in the global penetration testing market that are included in the report are Synopsys, Inc., Invicti, FireEye, IBM Corporation, Rapid7, Rhino Security Labs, Inc., Bishop Fox, VERACODE, Secureworks, Inc., and others.
Table of Contents
1. Introduction1.1. Market definition
1.2. Market segmentation
1.3. Solution Overview
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.2.1. Solution Providers
3.2.2. End-Users
3.3. Secondary Research
3.4. Market Size Estimation
4. Analyst Review
5. Executive Summary
5.1. Market Size and Forecast
5.2. Competitive Landscape
5.3. Market Dynamics
5.4. Regional Opportunity Analysis
6. Market Dynamics
6.1. Drivers
6.2. Challenges
6.3. Trends
6.4. Opportunities
7. Regulatory & Standards Landscape
7.1. Open Web Application Security Project (OWASP)
7.2. Payment Card Industry Data Security Standard (PCI DSS)
7.3. General Data Protection Regulation (GDPR) Article 32
7.4. Others
8. Industry Risk Analysis
9. World Economic Outlook: Challenges for Global Recovery and its Impact on Global Penetration Testing Market
9.1. Ukraine-Russia Crisis
9.2. Potential US Economic Slowdown
10. Impact of COVID-19 on Global Penetration Testing Market
11. Analysis of Industry Trends in Penetration Testing Market
11.1. DevSecOps
11.2. Integrations with GRC, SIEM, and Helpdesk Systems
11.3. Artificial Intelligence(AI)-Centric Cybersecurity
11.4. Environment-Friendly 5G Networks
11.5. User Behavior Analytics
11.6. Cloud Security Testing
11.7. Others
12. End User Analysis
13. Assessment of Stages for Penetration Testing Process
13.1. Planning and Reconnaissance
13.2. Scanning
13.3. Gaining System Access
13.4. Persistent Access
13.5. Analysis and Reporting
14. Industry Value Chain Analysis
15. Analysis of Penetration Testing Methods
15.1. External testing
15.2. Internal testing
15.3. Blind testing
15.4. Others
16. Assessment of Used Cases
16.1. Penetration Testing Against Information Security Risks
16.2. Network Security Audit
16.3. Web Application Penetration Test
16.4. IoT Penetration Test
17. Competitive Landscape
17.1. Market Share Analysis, 2021
17.1.1. Market Share Analysis of Major Players (%), 2021
17.1.2. Market Share Analysis by Size of Players (Large, Medium, and Small Players), 2021
17.2. Competitive Positioning
17.3. Competitive Benchmarking
17.3.1. Synopsys, Inc
17.3.2. Invicti
17.3.3. FireEye
17.3.4. IBM Corporation
17.3.5. Rapid7
17.3.6. Rhino Security Labs, Inc
17.3.7. Bishop Fox
17.3.8. VERACODE
17.3.9. Secureworks, Inc.
17.3.10. Other prominent players
18. Global Penetration Testing Market
18.1. Market Overview
18.2. Cross Segmentation Analysis*
18.3. By Value (USD million)
18.4. Global Penetration Testing Market Segmentation Analysis 2021-2031
18.4.1. By Component
18.4.1.1. Software, 2021-2031F (USD Million)
18.4.1.2. Services, 2021-2031F (USD Million)
18.4.2. By Type
18.4.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
18.4.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
18.4.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
18.4.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
18.4.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
18.4.2.6. Others, 2021-2031F (USD Million)
18.4.3. By Enterprise Size
18.4.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
18.4.3.2. Large Enterprise, 2021-2031F (USD Million)
18.4.4. By Deployment
18.4.4.1. On-Premise, 2021-2031F (USD Million)
18.4.4.2. Cloud, 2021-2031F (USD Million)
18.4.5. By End User Industry
18.4.5.1. Education, 2021-2031F (USD Million)
18.4.5.2. BFSI, 2021-2031F (USD Million)
18.4.5.3. Healthcare, 2021-2031F (USD Million)
18.4.5.4. Retail, 2021-2031F (USD Million)
18.4.5.5. IT & Telecom, 2021-2031F (USD Million)
18.4.5.6. Others, 2021-2031F (USD Million)
18.4.6. Global Penetration Testing Market by Region
18.4.6.1. North America, 2021-2031F (USD million)
18.4.6.2. Europe, 2021-2031F (USD million)
18.4.6.3. Asia-Pacific, 2021-2031F (USD million)
18.4.6.4. Latin America, 2021-2031F (USD million)
18.4.6.5. Middle East & Africa, 2021-2031F (USD million)
19. North Penetration Testing Market
19.1.1. By Component
19.1.1.1. Software, 2021-2031F (USD Million)
19.1.1.2. Services, 2021-2031F (USD Million)
19.1.2. By Type
19.1.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
19.1.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
19.1.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
19.1.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
19.1.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
19.1.2.6. Others, 2021-2031F (USD Million)
19.1.3. By Enterprise Size
19.1.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
19.1.3.2. Large Enterprise, 2021-2031F (USD Million)
19.1.4. By Deployment
19.1.4.1. On-Premise, 2021-2031F (USD Million)
19.1.4.2. Cloud, 2021-2031F (USD Million)
19.1.5. By End User Industry
19.1.5.1. Education, 2021-2031F (USD Million)
19.1.5.2. BFSI, 2021-2031F (USD Million)
19.1.5.3. Healthcare, 2021-2031F (USD Million)
19.1.5.4. Retail, 2021-2031F (USD Million)
19.1.5.5. IT & Telecom, 2021-2031F (USD Million)
19.1.5.6. Others, 2021-2031F (USD Million)
19.1.6. By Country
19.1.6.1. US, 2021-2031F (USD Million)
19.1.6.2. Canada, 2021-2031F (USD Million)
20. Europe Penetration Testing Market
20.1.1. By Component
20.1.1.1. Software, 2021-2031F (USD Million)
20.1.1.2. Services, 2021-2031F (USD Million)
20.1.2. By Type
20.1.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
20.1.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
20.1.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
20.1.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
20.1.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
20.1.2.6. Others, 2021-2031F (USD Million)
20.1.3. By Enterprise Size
20.1.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
20.1.3.2. Large Enterprise, 2021-2031F (USD Million)
20.1.4. By Deployment
20.1.4.1. On-Premise, 2021-2031F (USD Million)
20.1.4.2. Cloud, 2021-2031F (USD Million)
20.1.5. By End User Industry
20.1.5.1. Education, 2021-2031F (USD Million)
20.1.5.2. BFSI, 2021-2031F (USD Million)
20.1.5.3. Healthcare, 2021-2031F (USD Million)
20.1.5.4. Retail, 2021-2031F (USD Million)
20.1.5.5. IT & Telecom, 2021-2031F (USD Million)
20.1.5.6. Others, 2021-2031F (USD Million)
20.1.6. By Country
20.1.6.1. UK, 2021-2031F (USD Million)
20.1.6.2. Germany, 2021-2031F (USD Million)
20.1.6.3. France, 2021-2031F (USD Million)
20.1.6.4. Italy, 2021-2031F (USD Million)
20.1.6.5. Spain, 2021-2031F (USD Million)
20.1.6.6. Russia, 2021-2031F (USD Million)
20.1.6.7. Netherlands, 2021-2031F (USD Million)
20.1.6.8. Rest of Europe, 2021-2031F (USD Million)
21. Asia Pacific Penetration Testing Market
21.1.1. By Component
21.1.1.1. Software, 2021-2031F (USD Million)
21.1.1.2. Services, 2021-2031F (USD Million)
21.1.2. By Type
21.1.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
21.1.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
21.1.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
21.1.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
21.1.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
21.1.2.6. Others, 2021-2031F (USD Million)
21.1.3. By Enterprise Size
21.1.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
21.1.3.2. Large Enterprise, 2021-2031F (USD Million)
21.1.4. By Deployment
21.1.4.1. On-Premise, 2021-2031F (USD Million)
21.1.4.2. Cloud, 2021-2031F (USD Million)
21.1.5. By End User Industry
21.1.5.1. Education, 2021-2031F (USD Million)
21.1.5.2. BFSI, 2021-2031F (USD Million)
21.1.5.3. Healthcare, 2021-2031F (USD Million)
21.1.5.4. Retail, 2021-2031F (USD Million)
21.1.5.5. IT & Telecom, 2021-2031F (USD Million)
21.1.5.6. Others, 2021-2031F (USD Million)
21.1.6. By Country
21.1.6.1. China, 2021-2031F (USD Million)
21.1.6.2. India, 2021-2031F (USD Million)
21.1.6.3. Japan, 2021-2031F (USD Million)
21.1.6.4. South Korea, 2021-2031F (USD Million)
21.1.6.5. Australia, 2021-2031F (USD Million
21.1.6.6. Singapore, 2021-2031F (USD Million)
21.1.6.7. Rest of Asia-Pacific, 2021-2031F (USD Million
22. Latin America Penetration Testing Market
22.1.1. By Component
22.1.1.1. Software, 2021-2031F (USD Million)
22.1.1.2. Services, 2021-2031F (USD Million)
22.1.2. By Type
22.1.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
22.1.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
22.1.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
22.1.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
22.1.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
22.1.2.6. Others, 2021-2031F (USD Million)
22.1.3. By Enterprise Size
22.1.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
22.1.3.2. Large Enterprise, 2021-2031F (USD Million)
22.1.4. By Deployment
22.1.4.1. On-Premise, 2021-2031F (USD Million)
22.1.4.2. Cloud, 2021-2031F (USD Million)
22.1.5. By End User Industry
22.1.5.1. Education, 2021-2031F (USD Million)
22.1.5.2. BFSI, 2021-2031F (USD Million)
22.1.5.3. Healthcare, 2021-2031F (USD Million)
22.1.5.4. Retail, 2021-2031F (USD Million)
22.1.5.5. IT & Telecom, 2021-2031F (USD Million)
22.1.5.6. Others, 2021-2031F (USD Million)
22.1.6. By Country
22.1.6.1. Mexico, 2021-2031F (USD Million)
22.1.6.2. Brazil, 2021-2031F (USD Million)
22.1.6.3. Argentina, 2021-2031F (USD Million)
22.1.6.4. Rest of Latin America, 2021-2031F (USD Million)
23. Middle East & Africa Penetration Testing Market
23.1.1. By Component
23.1.1.1. Software, 2021-2031F (USD Million)
23.1.1.2. Services, 2021-2031F (USD Million)
23.1.2. By Type
23.1.2.1. Web Application Penetration Testing, 2021-2031F (USD Million)
23.1.2.2. Mobile Application Penetration Testing, 2021-2031F (USD Million)
23.1.2.3. Social Engineering Penetration Testing, 2021-2031F (USD Million)
23.1.2.4. Network and Infrastructure Penetration Testing, 2021-2031F (USD Million)
23.1.2.5. Wireless Network Security Assessment, 2021-2031F (USD Million)
23.1.2.6. Others, 2021-2031F (USD Million)
23.1.3. By Enterprise Size
23.1.3.1. Small & Medium Enterprise (SMEs), 2021-2031F (USD Million)
23.1.3.2. Large Enterprise, 2021-2031F (USD Million)
23.1.4. By Deployment
23.1.4.1. On-Premise, 2021-2031F (USD Million)
23.1.4.2. Cloud, 2021-2031F (USD Million)
23.1.5. By End User Industry
23.1.5.1. Education, 2021-2031F (USD Million)
23.1.5.2. BFSI, 2021-2031F (USD Million)
23.1.5.3. Healthcare, 2021-2031F (USD Million)
23.1.5.4. Retail, 2021-2031F (USD Million)
23.1.5.5. IT & Telecom, 2021-2031F (USD Million)
23.1.5.6. Others, 2021-2031F (USD Million)
23.1.6. By Country
23.1.7. GCC, 2021-2031F (USD Million)
23.1.8. Israel, 2021-2031F (USD Million)
23.1.9. South Africa, 2021-2031F (USD Million)
23.1.10. Rest of the Middle East & Africa, 2021-2031F (USD Million)
Companies Mentioned
- Synopsys Inc.
- Invicti
- FireEye
- IBM Corporation
- Rapid7
- Rhino Security Labs Inc.
- Bishop Fox
- VERACODE
- Secureworks Inc.
