# Penetration Testing Market to Register an Impressive CAGR of 13.9% During 2017 – 2027 |IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-10-12
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Penetration Testing Market: Key Players and Growth
Meta Description: Discover key players, market trends, challenges, and forecasts in the global penetration testing market in a comprehensive report by Future Market Insights.
URL: https://financedigest.com/penetration-testing-market-to-register-an-impressive-cagr-of-13-9-during-2017-2027-ibm-corporation-rapid7-inc-microfocus-qualys-inc-synopsys-inchtml

Key players in the global [penetration testing market](https://www.futuremarketinsights.com/reports/penetration-testing-market) are launching new products and increasing their business partnerships with other players. The U.S. is expected to be a key market in the global penetration testing market, due to the presence of major players in the region, an increasing number of data breaches and a rising adoption of cloud computing solutions and services. Insights such as these are included in a new report published by Future [Market Insights titled **“** **Penetration Testing Market:** **Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).”** The global penetration testing market is expected to witness significant growth with an impressive CAGR](https://www.financedigest.com/fmi-finds-the-market-is-fuelled-by-rising-internet-usage-and-explosion-of-digital-payments-india-online-grocery-market-is-to-register-a-32-7-of-cagr-through-2032.html "FMI Finds, The Market is Fuelled by Rising Internet Usage and Explosion of Digital Payments; India Online Grocery Market is to Register a 32.7% of CAGR Through 2032") of 13.9% during the forecast period of 10 years from 2017 to 2027. This growth can be attributed to the increasing usage of penetration testing solutions in various industrial verticals, and the increasing adoption of [cloud based solutions and services](https://www.financedigest.com/cloud-migration-for-financial-services-organisations-whats-the-best-approach.html "Cloud Migration for Financial Services Organisations – What’s the best approach?").

**Global [Penetration Testing Market:](https://www.financedigest.com/penetration-of-robotics-coupled-with-energy-efficient-drives-will-facilitate-electric-motors-market-growth-at-5-1-cagr-through-2031.html "Penetration of Robotics coupled with Energy-Efficient Drives will Facilitate Electric Motors Market Growth at 5.1% CAGR through 2031") Challenges**

- One of the biggest challenges for penetration testing solution vendors is the extreme and growing shortage of skilled [cyber security personnel to analyse and respond to incidents of cyber threats](https://www.financedigest.com/cyber-threats-for-finance-organisations-to-watch-in-2023.html "Cyber threats for finance organisations to watch in 2023")
- There are many multinational companies in North America, especially in the United States, who are looking to [build multinational conferencing facilities](https://www.financedigest.com/li-cycle-to-build-french-battery-processing-facility.html "Li-Cycle to build French battery processing facility"). Such companies normally [face challenges](https://www.financedigest.com/factbox-the-challenges-automakers-and-now-tesla-face-with-humanoid-robots-2.html "Factbox-The challenges automakers, and now Tesla, face with humanoid robots") such as unauthorised access to the company’s bridge and network
- [Small businesses](https://www.financedigest.com/finance-management-for-small-business.html "Finance management for small business") have smaller IT budgets, and consequently spend less on penetration testing and other cyber security solutions. The lesser adoption of penetration testing solutions in small enterprises is one of the major [challenges for the penetration testing market](https://www.financedigest.com/challenging-orthodoxy-kwarteng-clings-on-after-uk-market-rout.html "Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout")
- Lack of knowledge and awareness about the usage of [cyber security solutions](https://www.financedigest.com/james-trainor-top-fbi-cyber-expert-joins-aons-cyber-solutions-group.html "James Trainor, top FBI cyber expert, joins Aon’s Cyber Solutions Group") such as penetration testing, network testing, and firewalls is another big growth restraint in the penetration testing market

**Request a report sample to gain comprehensive market insights @** **[https://www.futuremarketinsights.com/reports/sample/rep-gb-2447](https://www.futuremarketinsights.com/reports/sample/rep-gb-2447)**

**Global Penetration [Testing Market:](https://www.financedigest.com/stability-test-chamber-market-gain-impetus-due-to-the-growing-demand-over-2019-2027.html "Stability Test Chamber Market Gain Impetus due to the Growing Demand over 2019-2027") Key Players**

IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc., Core Security SDI Corporation, Whitehat Security, Trustwave Holdings, Inc., Checkmarx.com LTD, VERACODE, Inc., Secure Works Inc., Acunetix, Contrast Security, and Paladion [Network Private Limited are some of the key companies operating](https://www.financedigest.com/how-can-network-operators-monetise-television-quickly-and-effectively.html "How can network operators monetise television quickly and effectively?") in the global penetration testing market.

**Global Penetration Testing Market: Segmental Analysis and Forecast**

By **type**, the global penetration testing market is segmented into network penetration testing, web application penetration testing, [mobile application](https://www.financedigest.com/mobile-application-stores-market-is-likely-to-grow-at-a-cagr-of-20-during-2022-to-2032-future-market-insights-inc.html "Mobile Application Stores Market is likely to grow at a CAGR of 20% during 2022 to 2032 | Future Market Insights Inc.   ") penetration testing, social engineering penetration testing, and cloud infrastructure penetration testing. Among the type segments, the web application penetration testing segment dominated the global penetration testing market with a 27.8% [share in terms of revenue](https://www.financedigest.com/shopifys-revenue-forecast-fails-to-impress-shares-fall.html "Shopify’s revenue forecast fails to impress, shares fall") in 2016. However, the mobile application penetration testing segment is expected to exhibit relatively high growth rates in terms of revenue, [registering a CAGR](https://www.financedigest.com/kombucha-tea-market-is-expected-to-register-a-12-3-cagr-between-2022-and-2032-analysis-by-future-market-insights-inc.html "Kombucha Tea Market is expected to register a 12.3% CAGR between 2022 and 2032 | Analysis by Future Market Insights Inc.") of 14.9% over the forecast period.

On the basis of **component**, the global penetration testing [market is segmented into software](https://www.financedigest.com/metrology-software-market-will-increase-at-a-cagr-of-7-0-from-2021-2031.html "Metrology Software Market will increase at a CAGR of 7.0% from 2021-2031."), and pen-test services (Consulting and Software-as-a-Service). Pen-test services segment is expected to register high Y-o-Y growth rates throughout the [forecast period](https://www.financedigest.com/hot-melt-adhesives-market-is-anticipated-to-expand-at-a-cagr-of-6-2-over-the-forecast-period-of-2021-and-2031.html "Hot Melt Adhesives Market is anticipated to expand at a CAGR of 6.2% over the forecast period of 2021 and 2031"). In terms of value, this segment is [expected to expand at a CAGR](https://www.financedigest.com/premium-chocolate-market-is-expected-to-have-a-cagr-of-8-8-through-2032-future-market-insights-inc.html "Premium Chocolate Market is Expected to have a CAGR of 8.8% through 2032 | Future Market Insights Inc. ") of 14.4% during the forecast period.

**For Information On The Research Approach Used In The Report, Ask Analyst @** [https://www.futuremarketinsights.com/ask-question/rep-gb-2447](https://www.futuremarketinsights.com/ask-question/rep-gb-2447)

By **enterprise size**, the segmentation comprises small and medium enterprises and large enterprises. In terms of value, the large enterprises segment is projected to be the most attractive segment in the global penetration testing [market over the forecast period](https://www.financedigest.com/vision-screeners-market-is-expected-to-grow-at-a-cagr-of-5-9-during-the-forecast-period-2022-2029-to-reach-us-815-2-mn-fmi.html "Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029 to reach US$ 815.2 Mn: FMI"). In 2016, the large enterprises segment was the dominant segment, valued at US$ 316.9 Mn, and is expected to remain dominant in terms of revenue throughout the [forecast period](https://www.financedigest.com/forging-lubricants-market-is-estimated-to-expand-at-a-cagr-of-5-6-over-the-forecast-period-of-2021-2031.html "Forging Lubricants Market is estimated to expand at a CAGR of 5.6% over the forecast period of 2021-2031").

By **vertical** the market is segmented into BFSI, healthcare and life sciences, consumer goods and retail, automotive, IT and telecommunication, media and entertainment, government, and others. The IT and telecommunication segment is [expected to register high Y-o-Y growth rates](https://www.financedigest.com/dollar-slips-before-expected-fed-rate-hike.html "Dollar slips before expected Fed rate hike") throughout the forecast period. In terms of value, this segment is [expected to expand at a CAGR](https://www.financedigest.com/wine-processing-equipment-market-is-expected-to-grow-at-6-2-cagr-through-2033-future-market-insights-inc.html "Wine Processing Equipment Market Is Expected to Grow At 6.2% CAGR Through 2033: Future Market Insights, Inc.") of 14.6% during the forecast period.

**Global Penetration Testing Market: Forecast by Region**

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are covered in this report. North America was the dominant market in 2016 in terms of revenue in the global penetration testing market. In the coming years, North America is [expected to be a key market](https://www.financedigest.com/paints-and-coatings-market-is-expected-to-accelerate-at-a-healthy-cagr-of-5-1-and-be-valued-at-around-us-239-bn-by-2031.html "Paints and Coatings Market is expected to accelerate at a healthy CAGR of 5.1% and be valued at around US$ 239 Bn by 2031") for substantial revenue generation. In terms of value, the North America market is [projected](https://www.financedigest.com/reverse-logistics-market-is-projected-to-have-a-cagr-of-12-through-2032-future-market-insights-inc.html "Reverse Logistics Market is projected to have a CAGR of 12% through 2032 | Future Market Insights, Inc.") to be the most attractive regional market for penetration testing during the forecast period.

#### About Technology Division at Future Market Insights

The [technology](https://www.futuremarketinsights.com/reports/technology) team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on [key trends](https://www.financedigest.com/key-trends-disrupting-uk-e-commerce-retail-in-2022.html "Key trends disrupting UK e-commerce retail in 2022") including competitive landscape, profit margin, and research development efforts.

The post [Penetration Testing Market to Register an Impressive CAGR of 13.9% During 2017 – 2027 \|IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc](https://industrynewsanalysis.com/penetration-testing-market-to-register-an-impressive-cagr-of-13-9-during-2017-2027-ibm-corporation-rapid7-inc-microfocus-qualys-inc-synopsys-inc/) appeared first on [Industry News Analsis](https://industrynewsanalysis.com).


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