Market Executive Summary

Cybersecurity testing involves assessing and validating the effectiveness of security controls implemented in software systems, networks, devices, and infrastructure. Its primary purpose is to detect vulnerabilities and protect sensitive data or critical assets from unauthorized access, modification, disruption, destruction, or misuse. A cyber attack can cause significant financial loss, reputational harm, legal liabilities, decreased customer confidence, regulatory fines, or even physical harm if applicable to medical equipment or autonomous vehicles.

The global market for Cyber Security Testing was estimated to be worth US$ 8300 million in 2023 and is forecast to a readjusted size of US$ 16750 million by 2030 with a CAGR of 10.5% during the forecast period 2024-2030.

The growth of this market is being driven by the increasing number of cyber attacks, the growing adoption of cloud computing, and the increasing awareness of the importance of cyber security.

Cyber security testing is the process of evaluating the security of an information system or network. It is used to identify and fix vulnerabilities that could be exploited by attackers.

The key drivers of the cyber security testing market include:

Increasing number of cyber attacks: The number of cyber attacks is increasing every year. This is driving the demand for cyber security testing, as organizations need to ensure that their information systems and networks are secure.

Growing adoption of cloud computing: Cloud computing is becoming increasingly popular. This is increasing the attack surface for organizations, as cloud-based applications and data are more vulnerable to attack.

Increasing awareness of the importance of cyber security: Businesses and governments are increasingly aware of the importance of cyber security. This is driving the demand for cyber security testing, as organizations need to ensure that they are compliant with regulations and that they are taking steps to protect their information systems and networks.

The key challenges faced by the cyber security testing market include:

Lack of skilled professionals: There is a shortage of skilled professionals who can conduct cyber security testing. This could limit the growth of the market.

Complexity of cyber security testing: Cyber security testing can be complex and time-consuming. This could make it difficult for organizations to conduct regular cyber security testing.

High cost of cyber security testing: Cyber security testing can be costly. This could make it difficult for some organizations to afford cyber security testing.

Overall, the global cyber security testing market is expected to grow at a significant CAGR during the forecast period. The growth of this market is being driven by the increasing number of cyber attacks, the growing adoption of cloud computing, and the increasing awareness of the importance of cyber security.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Cyber Security Testing, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Cyber Security Testing by region & country, by Type, and by Application.

The Cyber Security Testing market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cyber Security Testing.

Market Segmentation

Global Cyber Security Testing Companies Covered

Cigniti, Optiv, Kualitatem, TestingXperts, ScienceSoft, Dekra, CrowdStrike, Synopsys, Audacix, QinetiQ, RSI Security, Rapid7, Capgemini, Bridewell Consulting, BSG, Secureworks, Ksolves, Trustwave, Kontex, Infosys, RedTeam Security, CommSec, Infostretch, Centorrino Technologies, Bruce & Butler, SecOps NZ, ValueMentor, Advantio, True Digital Security, A-LIGN

Global Cyber Security Testing Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Cyber Security Testing Market, Segment by Type

Vulnerability Scanning

Penetration Test

Risk Assessment

Application Security

Third-party Risk Assessment

Global Cyber Security Testing Market, Segment by Application

Defense

Healthcare

Retail

IT and Telecommunications

Government

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Cyber Security Testing manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Revenue of Cyber Security Testing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Revenue of Cyber Security Testing in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

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