Mobile Application Security Testing Market

The global Mobile Application Security Testing (MAST) Market size was valued at USD 0.9 billion in 2023 and is expected to expand at a CAGR of 28.3% during the forecast period, reaching USD 3.2 billion by 2028. The driving force behind the Mobile application security testing market lies in the increasing trend of remote work and the use of mobile devices for business activities. The shift toward remote work, accelerated by global events, has increased reliance on mobile applications for accessing corporate data, collaboration, and communication. This trend amplifies the potential attack surface for cyber threats, as mobile devices may connect to networks outside the traditional corporate perimeter. As employees use mobile apps to handle sensitive information and conduct business operations remotely, organizations are compelled to prioritize security testing to identify and mitigate vulnerabilities. Ensuring the resilience of mobile applications becomes paramount in this context, addressing risks associated with unsecured Wi-Fi networks, device theft or loss, and potential exposure to malicious apps. Consequently, the increased use of mobile devices for work purposes has become a driving force behind the implementation of rigorous Mobile application security testing strategies to safeguard corporate data and maintain business continuity in a mobile-centric work environment.

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Driver: Increasing Mobile App Usage

The proliferation of smartphones and the ubiquity of mobile applications across various sectors drive the need for robust security testing. The sheer volume and diversity of mobile apps increase the attack surface, making securing applications against potential threats and vulnerabilities essential. The driver here lies in the recognition that mobile apps have become integral to personal and business operations, necessitating a proactive approach to security.

Restraint: Skill Shortages

The shortage of skilled cybersecurity professionals capable of conducting effective Mobile application security testing can hinder organizations from implementing robust security measures. The demand for individuals well-versed in mobile application development and security is high, and the scarcity of these skills may limit the effectiveness of Mobile application security testing programs.

Opportunity: Increasing Awareness and Adoption

The growing awareness of cybersecurity risks and the impact of data breaches creates an opportunity for Mobile application security testing providers. As businesses become more cognizant of the potential consequences of insecure applications, there is a heightened willingness to invest in Mobile application security testing solutions and services to mitigate risks and enhance overall security posture.

Challenge: Diversity of Mobile Platforms

The diversity of mobile platforms, including iOS and Android, coupled with variations in device configurations, poses a challenge for Mobile application security testing. Solutions need to adapt to different environments to ensure comprehensive testing coverage. This diversity requires Mobile application security testing providers to develop testing methodologies that account for platform-specific vulnerabilities and nuances.

Mobile Application Security Testing Market Ecosystem

The major players in the Mobile application security testing market are IBM, HCLTech, Synoypsys, OpenText, Qualys and so on. The Mobile application security testing market is driven by prominent companies that have established themselves as leaders in the industry. These firms have a strong foundation, financial stability, and a demonstrated history of delivering inventive solutions and services within the Mobile application security testing domain. Their varied range of products encompasses infrastructure, solutions, applications, and services, allowing them to meet the changing demands of the market. Leveraging cutting-edge technologies and broad capabilities, these companies lead the way in advancing Mobile application security testing technology.

By offering, the services segment to register the highest growth rate during the forecast period.

Mobile application security testing services are a critical process aimed at identifying and addressing vulnerabilities in mobile apps to ensure the protection of sensitive data and user privacy. This type of testing involves evaluating the security posture of mobile applications across various platforms, such as iOS and Android, by assessing potential risks and weaknesses in their code, data storage, communication channels, and user authentication mechanisms.

Based on OS, the Android segment to account for the largest market size in the MTD market.

Android OS is developed by Google. It serves as the OS for various smartphones and tablets produced by multiple hardware manufacturers. Unlike iOS, Android operates on an open-source model, allowing each manufacturer to offer a customized version of the OS on its devices. Mobile application security testing solutions for Android are essential to address the increasing threats and vulnerabilities associated with mobile applications on the Android platform. Android, being an open-source operating system, offers a diverse ecosystem of applications, making it susceptible to various security risks. Mobile application security testing solutions play a crucial role in identifying and mitigating potential security vulnerabilities in Android applications.

Asia Pacific to register the highest growth rate during the forecast period.

The Asia Pacific region has witnessed a substantial surge in the adoption of mobile application security testing, reflecting the growing awareness of the critical need to fortify digital assets in an increasingly connected landscape. Organizations across diverse sectors, from finance to healthcare, are recognizing the unique challenges posed by the proliferation of mobile applications and the associated security vulnerabilities. With the escalating use of smartphones and the rapid digital transformation in the region, ensuring the robustness of mobile applications has become a top priority.

Key Market Players:

The major players in the Mobile application security testing market are IBM (US), HCLTech (India), OpenText (Canada), Synopsys (US), 3i Infotech (India), Qualys (US), Syhunt (Brazil), Checkmarx (US), Testhouse (UK), Ivanti (US), Digital.ai (US), Veracode (US), Onapsis (US), Snyk (US), Secure Code Warrior (Australia), eShard (France), Quokka (India), Data Theorem (US), Pradeo (France), PortSwigger (UK), ImmuniWeb (Switzerland), Contrast Security (US), Codified Security (UK), App-Ray (Austria), Entersoft Security (India), DerSecur (Israel), Fluid Attacks (US), Acunetix (US), VerSprite (US), Appknox (Singapore), and NowSecure (US).

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Scope of the Report

Mobile Application Security Testing Market Highlights

This research report categorizes the mobile application security testing market to forecast revenues and analyze trends in each of the following submarkets:

Recent Developments

• August 2023 - Synopsys announced two new collaboration agreements with NowSecure, recognized experts in mobile security and privacy, and Secure Code Warrior, provider of the leading agile learning platform for developer-driven security, to expand its Software Integrity Group's industry-leading portfolio of application security testing (AST) solutions.
• August 2023 - IBM completed its acquisition of Apptio. Apptio's products merged with IBM's IT automation portfolio creating a comprehensive technology management platform for businesses to optimize and automate IT decisions across their landscape.
• October 2023 - OpenText released its Cloud Editions (CE) 23.4, which includes OpenText Aviator artificial intelligence (AI) capabilities. OpenText Aviator enables AI orchestration and the creation of information flows across multiple clouds and knowledge bases.
• March 2023 - HCL AppScan releases version 10.2.0 for three application security testing solutions. Three on-premises products have now been updated with critical capabilities and user experience functionality, all based on extensive security research and customer feedback.

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