Growing Cyber Security Risks to Foster the Growth of Global Penetration Testing Market

The global penetration testing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The primary factors driving the growth of the penetration testing market are rising cyber-attacks and the growing number of connected devices. 

Browse the full report description Global Penetration Testing Market Size, Share & Trends Analysis Report by End-User (Banking, Financial Services and Insurance (BFSI), Healthcare, Information Technology (IT), Telecom, Education, Retail & eCommerce, and Others (Social Media, Energy, and Transportation)), By Testing Service (Web Application, Mobile Application, Network Infrastructure, Social Engineering, Cloud and Others (Wireless, IoT & Embedded)), By Deployment Mode (Cloud and On-Premises), By Organization Size (Large Organization, Medium and Small Organizations) Forecast Period 2021-2027 at https://www.omrglobal.com/industry-reports/penetration-testing-market

According to the NTSC (National Technology Security Coalition) in 2020, Capital One, one of the largest banking institutions in the US, suffered a massive data breach, exposing the personal information of over 106 million credit card applicants between 2005 and 2019.

Further, the NTSC report disclosed that Over 770 million email addresses and 21 million unique passwords were exposed in a popular hacking forum after being hosted in the cloud service MEGA. It became the single largest collection of breached personal credentials in history. These cyber-attacks are playing a crucial role in the compelling organization for security services including penetration testing, and it is anticipated to tremendously drive the penetration testing market. 

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By End-User

o By Testing Service

o By Deployment Mode

o By Organization Size

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, IBM Corp., FireEye, Inc., and Rapid7, Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Penetration Testing Market Report Segment

By End-User

• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Information Technology (IT)
• Telecom
• Education
• Retail and eCommerce
• Others (Social Media, Energy, and Transportation)

By Testing Service

• Web application 
• Mobile application 
• Network Infrastructure
• Social Engineering
• Cloud
• Others (Wireless, IoT & Embedded)

By Deployment Mode

• Cloud
• On-premises

By Organization Size

• Large Organization
• Medium and Small Organizations

Global Penetration Testing Market Report Segment by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World