Dynamic Application Security Testing is Estimated to Witness High Growth Owing to Rising Adoption of Automated Security Testing

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The Dynamic Application Security Testing (DAST) market provides security solutions for web, mobile, API, and IoT applications by simulating real-world attacks. DAST tools allow developers and security teams to validate application defense mechanisms to protect against the OWASP Top 10 most critical web application security risks such as injection flaws, broken authentication, sensitive data exposure, and cross-site scripting. The rapid adoption of DevOps practices and cloud-native platforms has accelerated the need for integrating security throughout the software development lifecycle. DAST solutions enable developers to receive security insights earlier in development and make applications more robust against cyber threats. The Global Dynamic Application Security Testing Market is estimated to be valued at US$1.86 Bn in 2024 and is expected to exhibit a CAGR of 24.% over the forecast period 2023 to 2030.

Key Takeaways
Key players operating in the Dynamic Application Security Testing market are WhiteHat Security, Veracode, Synopsys Accenture, IBM Corporation, Micro Focus, Pradeo, Rapid7, Tieto, and Trustwave holdings, Inc.
The increasing demand for web and mobile applications along with stringent regulatory compliances for data privacy act as key opportunities in the Dynamic Application Security Testing market.
Automated security testing tools use machine learning and artificial intelligence to intelligently crawl through applications, recognize vulnerabilities, and re-test applications to validate remediation – allowing security to seamlessly scale with rapid DevOps cycles.

Market drivers
One of the key drivers for the Dynamic Application Security Testing market is the need for security testing throughout the software development life cycle (SDLC). With Agile and DevOps methodologies accelerating release cycles, it has become imperative for security to integrate with development practices. Continuous scanning and integration of DAST tools into CI/CD pipelines allows developers to identify and fix vulnerabilities early before they reach production environments. This leads to improved application security, reduced remediation times and costs.

Current challenges in Dynamic Application Security Testing Market
The Dynamic Application Security Testing (DAST) market is still developing and faces several challenges. With more applications and websites being created every day, it is a challenge for security teams to continuously scan new applications and identify vulnerabilities. Further, as attacking techniques evolve rapidly, it is difficult for DAST tools to monitor all potential vulnerability types. Integration of DAST with the development process also remains a headache for many organizations. With pressure to release applications faster, dedicating time and resources for security testing is another challenge.

SWOT Analysis
Strength: DAST tools can automatically scan applications without needing manual testing. This improves efficiency and scalability of testing. Weakness: DAST may not detect all vulnerabilities and security issues compared to manual testing. False positives can also occur. Opportunity: Growing demand for application security and compliance is driving increased adoption of DAST. Threats: Highly sophisticated attacks may bypass DAST tools. Lack of skilled security professionals impacts effective use of DAST.

Geographical regions
North America accounts for the largest share of the Dynamic Application Security Testing market currently due to stringent data privacy and security compliance mandates. Presence of major DAST vendors and widespread adoption of DevOps practices also propels the regional market. Asia Pacific is poised to become the fastest growing regional market during the forecast period owing to increased digitalization, enterprise mobility, and cloud migration in countries like India, China and Japan.

Fastest growing region
Asia Pacific region is projected to grow at the fastest pace in the Dynamic Application Security Testing market during the forecast period. This is attributed to rapidly growing e-commerce sector, heavy investments in digital infrastructure, and blossoming start-up culture in major APAC countries. Continuous emergence of new online applications and websites requires robust security testing facilities. Favorable government initiatives for cybersecurity adoption would further stimulate the APAC DAST market in coming years.

 

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  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it