Research and Markets: Global Dynamic Application Security Testing Market 2010-2014 - Dynamic Application Security Testing

July 26, 2011

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DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/44be90/global_dynamic_app) has announced the addition of the "Global Dynamic Application Security Testing Market 2010-2014" report to their offering.

Research conducted by TechNavio reveals that the Dynamic Application Security Testing (DAST) market is expected to grow at a CAGR of 33.5 percent. Technavio's report, which examines the Americas, EMEA, and APAC regions, indicates that the market is currently being driven by companies' and consumers' increasing dependence on web applications.

It is imperative for the Payment Card and Banking industries to ensure that their websites are secure. Breaches can lead to loss of confidential customer data, which may result in hefty fines. The increasing dependence on websites and web applications of such industries is leading them to adopt proactive defense mechanisms such as DAST solutions, reports a TechNavio analyst.

In spite of the demand for DAST solutions, the inability of these solutions to detect code errors continues to hinder the growth of this market. However, the rise in web security attacks is expected to keep driving the market. Moreover, the DAST market is witnessing an increasing demand for on-demand and cloud based solutions.

The report, Global Dynamic Application Security Testing Market 2010-2014 examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.

TechNavio's analysts forecast the Global Dynamic Application Security Testing (DAST) market to grow at a CAGR of 33.5 percent over the period of 2010-2014. One of the key factors contributing to this market growth is the increasing dependence on web applications and the increasing number of web application-specific attacks. The DAST market has also been witnessing integration of DAST with SAST to form hybrid security testing solutions.

Key vendors dominating this market space include IBM Corp., Hewlett-Packard Co., Cenzic Inc., WhiteHat Security Inc., and Veracode Inc.

TechNavio's Global Dynamic Application Security Testing Market 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers those companies that provide DAST solutions to end-users. The report takes into account both the software/licence and service revenue of DAST vendors. Additionally, the report includes companies that may have partnered with pure play DAST providers and purchased the solutions from them, but that provide the services as their own.

For more information visit http://www.researchandmarkets.com/research/44be90/global_dynamic_app.