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Penetration testing is an authorized and proactive effort to assess the security of a computer system by running tests to exploit the vulnerabilities of the system. These tests help the computer to identify the target systems and a particular goal then reviews available information and undertakes various means to attain that goal. It may also assess potential impacts on the organization and suggest countermeasures to reduce risk.
The global penetration testing market is expected to achieve USD XXX Million by 2023 and the market is currently is accounted for USD XXX Million in 2017. The market is a growing market because every business considers the test due to the relatively small cost compared to real security and it brings improvements and insights in the market.
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(1) Detect and arrange security threats.
(2) It protects customers loyalty and company image.
(3) It helps in evading penalties for the non-compliance.
(4) It helps in identifying poor management processes.
(5) It helps in avoiding costly network downtime.
The global penetration testing market is bifurcated on the basis of type, components and by enterprises. By type, it is divided into Network penetration testing, web application penetration testing, mobile application penetration testing, social engineering penetration testing and cloud infrastructure penetration testing. By components, it is divided into Software and pen-teat services. By enterprises, it is bifurcated into small and medium enterprises and large enterprises. They are widely used in BFSI, healthcare and life science, consumer goods and retail, automotive, IT and telecommunication, media and entertainment, government and others.
The reports analyzed that web penetration testing dominates the market because of the increasing number of attacks on critical software and hardware application of the organizations.
The market revolves around the evaluation of the penetration testing market in the countries as such Europe, North America, Asia-Pacific and the Middle East and Africa. North America followed by Europe and Asia-Pacific is the major contributor to the total revenue earned because of the high focus on innovations and high expenditure on research and development. Further, the rising adoption of online business and software has driven the demand of the market.
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The major competitors in the penetration testing market are IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc., Core Security SDI Corporation, Whitehat Security, Trustwave Holdings, Inc., Checkmarx.com LTD, VERACODE, Inc., and Other Major & Niche Key Players. Recently, cloud-based security specialist Qualys launched a new IT Asset inventory cloud application to provide quick analysis of complex and interconnected global environments and help collaboration on security remediation efforts.