Application Security - Australia & Oceania
Australia & Oceania- Revenue in the Application Security market is projected to reach US$106.70m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 12.51%, resulting in a market volume of US$192.40m by 2029.
- The average Spend per Employee in the Application Security market is projected to reach US$5.02 in 2024.
- In global comparison, most revenue will be generated United States (US$3.0bn in 2024).
Definition :
The Application Security market refers to the market for security techniques or processes to protect computer applications against external security threats. It includes all tasks that monitor, manage, and fix application vulnerabilities to prevent malicious exploits and/or unauthorized access to software.
Application security is crucial for organizations when it comes to building sustainable software applications that protect against many types of cyber threats, enhancing the level of trust among users and stakeholders.
Additional information:
The Application Security market comprises revenues, revenue change, and average spend per employee. Market values represent revenues that are generated by primary vendors, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C), business spending (B2B), and government spending (B2G). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include Broadcom, Rapid7, and Check Point Software.
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In-Scope
- Application security testing, such as Veracode (Broadcom), IBM Security – Application Security, and Rapid7 InsightAppSec
- Vulnerability scanning, such as Nessus Professional Feed (Tenable), Trustwave Vulnerability Management, and Qualys
- Web application firewall (WAF), such as Fortinet FortiWeb, F5 Silverline WAF, and Cloudflare WAF
- Intrusion prevention systems (IPS), such as Cisco Firepower, Trend Micro TippingPoint IPS, and Fortinet FortiGate Intrusion Prevention System
Out-Of-Scope
- Custom applications, such as Intellectsoft, SienceSoft, and Chetu
- Hardware security, such as Brightsight, Riscure, and Red Balloon Security
- Data security, such as IBM Guardium Data Encryption, Varonis Data Security Platform, and Sophos
- Network security, such as Palo Alto Networks, Check Point, and Juniper Networks
- Endpoint security, such as Microsoft, Symantec, and Crowdstrike
