Security Testing Market

By Testing Type;

Application Security Testing, Network Security Testing, Device Security Testing, and Social Engineering

By Deployment Mode;

Cloud and On-premises

By Organization Size;

Small & Medium Enterprises (SMES) and Large Enterprises

By Vertical;

BFSI, Healthcare, IT, Telecom, Retail & e-Commerce, Education, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn251104414 Published Date: August, 2025

Security Testing Market Overview

Security Testing Market (USD Million)

Security Testing Market was valued at USD 13,632.49 million in the year 2024. The size of this market is expected to increase to USD 56,110.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 22.4%.


Security Testing Market

*Market size in USD million

CAGR 22.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)22.4 %
Market Size (2024)USD 13,632.49 Million
Market Size (2031)USD 56,110.63 Million
Market ConcentrationLow
Report Pages369
13,632.49
2024
56,110.63
2031

Major Players

  • IBM
  • Secureworks
  • Synopsys
  • Rapid7
  • Micro Focus International Plc
  • Cigniti
  • At&T
  • Whitehat Security
  • Veracode
  • Checkmarx
  • Mcafee
  • Core Security
  • Parasoft, Sciencesoft
  • Data Theorem
  • Kryptowire
  • Logrhythm
  • Portswigger
  • Impactqa
  • Nowsecure

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Security Testing Market

Fragmented - Highly competitive market without dominant players


The Security Testing Market is witnessing significant growth as organizations prioritize proactive measures against cyber threats. Over 65% of enterprises now incorporate security testing frameworks into their software development lifecycle to ensure system integrity. The growing complexity of digital infrastructure is leading to heightened investment in penetration testing, vulnerability scanning, and other assessment tools. This trend supports long-term expansion in the sector.

Rise in Cybersecurity Concerns
With cyberattacks increasing by over 70%, businesses are shifting from reactive security to preventive strategies. As a result, more than 60% of companies are adopting automated security testing tools to mitigate risk exposure. The focus on early detection, data protection, and system compliance is encouraging firms to invest in innovative testing methods. These evolving strategies are paving the way for stronger partnerships and enhanced protection frameworks.

Technological Advancements Shaping Innovation
Cutting-edge technologies such as AI-based threat simulation, machine learning algorithms, and automated code analysis are revolutionizing the security testing landscape. Over 58% of providers are integrating these technologies to deliver faster and more accurate results. This wave of technological advancements is fostering new opportunities for collaboration, customized testing services, and improved system resilience.

Future Outlook and Expansion Potential
The future outlook for the Security Testing Market is optimistic, with consistent innovation, rising investments, and an increasing focus on compliance assurance. Over 63% of enterprises are planning to boost their spending on advanced testing tools. This reflects a strong emphasis on expanding infrastructure and delivering secure digital experiences. The market is set for continuous growth, driven by strategic foresight and technology-led transformation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Testing Type
    2. Market Snapshot, By Deployment Mode
    3. Market Snapshot, By Organization Size
    4. Market Snapshot, By Vertical
    5. Market Snapshot, By Region
  4. Security Testing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing cyber threats
        2. Rising data breaches
      2. Restraints
        1. Skilled workforce shortage
        2. Cost of security testing
      3. Opportunities
        1. Focus on DevSecOps
        2. Increased demand for managed security testing services
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Security Testing Market, By Testing Type, 2021 - 2031 (USD Million)
      1. Application Security Testing
      2. Network Security Testing
      3. Device Security testing
      4. Social Engineering
    2. Security Testing Market, By Deployment Mode, 2021 - 2031 (USD Million)
      1. Cloud
      2. On-premises
    3. Security Testing Market, By Organization Size, 2021 - 2031 (USD Million)
      1. Small & Medium Enterprises (SMES)
      2. Large Enterprises
    4. Security Testing Market, By Vertical, 2021 - 2031 (USD Million)
      1. BFSI
      2. Healthcare
      3. IT
      4. Telecom
      5. Retail & e-Commerce
      6. Education
      7. Others
    5. Security Testing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM
      2. Secureworks
      3. Synopsys
      4. Rapid7
      5. Micro Focus International Plc
      6. Cigniti
      7. At&T
      8. Whitehat Security
      9. Veracode (Broadcom)
      10. Checkmarx (Hellman And Friedman)
      11. Mcafee
      12. Core Security (A Help Systems Company)
      13. Parasoft
      14. Sciencesoft
      15. Data Theorem
      16. Kryptowire
      17. Logrhythm
      18. Portswigger
      19. Impactqa
      20. Nowsecure
  7. Analyst Views
  8. Future Outlook of the Market