Mobile Application Security Testing Market

Mobile Application Security Testing Market - Size and Share Analysis

The global mobile application security testing (MAST) market size is expected to reach USD 3.2 billion by 2028 from USD 0.9 billion in 2023 to grow at a CAGR of 28.3%.

The mobile application security testing market is poised for substantial growth in the coming years, driven by several key factors:

  • Rapid Proliferation of Mobile Applications
  • Increasing Cyber Threats Targeting Mobile Platforms
  • Stringent Regulatory Requirements
  • Shift to DevOps and Agile Development Practices
  • Growing Adoption of Mobile Payment and Financial Apps

These growth factors collectively contribute to the expansion of the Mobile Application Security Testing market, as organizations prioritize securing their mobile apps against evolving cyber threats and regulatory requirements.

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Rapid Proliferation of Mobile Applications:

  • The exponential growth in mobile applications across various industries increases the attack surface for cyber threats. Organizations are increasingly focusing on securing their mobile apps, driving the demand for robust security testing solutions.

Increasing Cyber Threats Targeting Mobile Platforms:

  • Mobile devices are increasingly targeted by cybercriminals due to their popularity and the valuable data they store. The rising sophistication of mobile-specific threats like mobile malware, phishing, and data leakage necessitates comprehensive security testing measures.

Stringent Regulatory Requirements:

  • Regulatory bodies worldwide are mandating stringent data protection and privacy regulations (e.g., GDPR, CCPA) that require organizations to ensure the security of mobile applications. Compliance with these regulations fuels the adoption of mobile application security testing solutions.

Shift to DevOps and Agile Development Practices:

  • The adoption of DevOps and Agile methodologies accelerates the pace of mobile app development. Security testing integrated into these continuous integration and continuous deployment (CI/CD) pipelines becomes crucial to detect vulnerabilities early and ensure secure coding practices.

Growing Adoption of Mobile Payment and Financial Apps:

  • The increasing popularity of mobile payment systems and financial applications necessitates rigorous security testing to protect sensitive financial data and ensure compliance with industry standards (e.g., PCI-DSS).

Mobile Application Security Testing Market Share - Global Industry Landscape

The mobile application security testing market is characterized by the presence of several key players competing for market share. Some of the leading companies in the mobile application security testing industry include:

  • HCLTech (India)
  • OpenText (Canada)
  • Qualys (US)
  • Syhunt (Brazil)
  • Testhouse (UK)

These companies represent a diverse range of offerings within the Mobile Application Security Testing market, from comprehensive security assessments and vulnerability management to automated testing tools and compliance auditing. Their market shares reflect their respective strengths in providing effective solutions to secure mobile applications against evolving cyber threats.

HCL Technologies (India)

  • Market Share: HCL Technologies offers a range of cybersecurity services, including mobile application security testing, leveraging its global presence and expertise in IT services.
  • Key Offerings: Their offerings include comprehensive mobile app security assessments, vulnerability scanning, penetration testing, and secure coding practices aimed at mitigating risks and ensuring compliance.

OpenText (Canada)

  • Market Share: OpenText provides a suite of security solutions that include mobile application security testing capabilities, focusing on threat detection and vulnerability management.
  • Key Offerings: Their portfolio includes tools for static and dynamic application security testing (SAST and DAST), as well as mobile app shielding and runtime protection, aimed at securing mobile applications throughout their lifecycle.

Qualys (US)

  • Market Share: Qualys is a leading provider of cloud-based security and compliance solutions, including mobile application security testing services.
  • Key Offerings: Qualys offers a platform for vulnerability management, including mobile app scanning, continuous monitoring, and compliance auditing, with a focus on automating security assessments and enhancing visibility into mobile app security posture.

Syhunt (Brazil)

  • Market Share: Syhunt specializes in web and mobile application security testing tools, offering solutions tailored to detect vulnerabilities and protect against cyber threats.
  • Key Offerings: Their offerings include dynamic application security testing (DAST), static analysis (SAST), and interactive application security testing (IAST), aimed at ensuring the security and resilience of mobile applications.

Testhouse (UK)

  • Market Share: Testhouse provides software testing and quality assurance services, including mobile application security testing, catering to diverse industry verticals.
  • Key Offerings: Their services encompass manual and automated mobile app security testing, penetration testing, and compliance testing, aimed at identifying vulnerabilities and ensuring robust security measures for mobile applications.

Related Reports:

Mobile Application Security Testing Market by Offering, Operating System (iOS, Android), Deployment Mode (On-premises, Cloud), Organization Size, Vertical (BFSI, IT & Telecom, Retail & eCommerce) and Region - Global Forecast to 2028

Mobile Application Security Testing Market Size,  Share & Growth Report
Report Code
TC 8894
RI Published ON
12/14/2023
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