INFORMATION & COMMUNICATION TECHNOLOGY
Global Penetration Testing as a Service Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Penetration Testing as a Service Market, By Offerings (Solution and Managed Services), Organization Size (Large Enterprises and SMEs), Testing Type (Web Application Testing, Mobile Application Testing, Network/Device Testing, Cloud Testing, and Social Engineering), Vertical (BFSI, Healthcare, IT and ITeS, Telecommunications, Manufacturing, Retail and E-Commerce, Education, and Others), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global Penetration Testing as a Service market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
The Global Penetration Testing as a Service (PTaaS) market refers to the provision of penetration testing services by specialized cybersecurity firms or service providers to organizations on a subscription or on-demand basis. In other words, Penetration Testing as a Service (PTaaS) is a specialized cybersecurity offering where organizations engage third-party providers to conduct comprehensive and systematic assessments of their IT infrastructure, applications, and network security. Penetration testing, commonly known as pen testing, involves simulated cyber attacks on systems, networks, or applications to identify vulnerabilities that could be exploited by malicious actors. It plays a crucial role in helping organizations strengthen their cybersecurity defenses, mitigate risks, and maintain trust with customers and stakeholders in an increasingly interconnected digital landscape.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Increasing cyber threat landscape
- Growing adoption of cloud services
RESTRAINTS
- Complexity and expertise requirements
- Regulatory compliance burden
OPPORTUNITIES
- Risk-based assessments
- Industry-specific solutions
CHALLENGES
- Increasing complexity of IT environments
- Evolving threat landscape
SEGMENTATION
- Offerings
- Solution
- Managed Services
- Organization Size
- Large Enterprises
- SMEs
- Testing Type
- Web Application Testing
- Mobile Application Testing
- Network/Device Testing
- Cloud Testing
- Social Engineering
- Vertical
- BFSI
- Healthcare
- IT and ITeS
- Telecommunications
- Manufacturing
- Retail and E-Commerce
- Education
- Others
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Synack
- Edgescan
- Yogosha
- Software Secured
- Astra Security
- Immuniweb
- Pentest People
- SafeAeon
- Raxis
- Rootshell Security
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Penetration Testing as a Service Market, by Offerings
- 3.2 Global Penetration Testing as a Service Market, by Organization Size
- 3.3 Global Penetration Testing as a Service Market, by Testing Type
- 3.4 Global Penetration Testing as a Service Market, by Vertical
- 3.5 Global Penetration Testing as a Service Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Shift towards continuous testing
- 5.1.2 Integration with DevSecOps
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Increasing cyber threat landscape
- 5.2.2 Growing adoption of cloud services
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Complexity and expertise requirements
- 5.3.2 Regulatory compliance burden
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Risk-based assessments
- 5.4.2 Industry-specific solutions
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Increasing complexity of IT environments
- 5.5.2 Evolving threat landscape
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL PENETRATION TESTING AS A SERVICE MARKET, BY OFFERINGS
- 6.1 Offerings Summary
- 6.2 Market Attractive Index
- 6.3 Global Penetration Testing as a Service Market, by Offerings (2019-2032)
- SECTION 7 - GLOBAL PENETRATION TESTING AS A SERVICE MARKET, BY ORGANIZATION SIZE
- 7.1 Organization Size Summary
- 7.2 Market Attractive Index
- 7.3 Global Penetration Testing as a Service Market, by Organization Size (2019-2032)
- SECTION 8 - GLOBAL PENETRATION TESTING AS A SERVICE MARKET, BY TESTING TYPE
- 8.1 Testing Type Summary
- 8.2 Market Attractive Index
- 8.3 Global Penetration Testing as a Service Market, by Testing Type (2019-2032)
- SECTION 9 - GLOBAL PENETRATION TESTING AS A SERVICE MARKET, BY VERTICAL
- 9.1 Vertical Summary
- 9.2 Market Attractive Index
- 9.3 Global Penetration Testing as a Service Market, by Vertical (2019-2032)
- SECTION 10 - GLOBAL PENETRATION TESTING AS A SERVICE MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Penetration Testing as a Service Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA PENETRATION TESTING AS A SERVICE MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Penetration Testing as a Service Market, by Offerings (2019-2032)
- 11.4 North America Penetration Testing as a Service Market, by Organization Size (2019-2032)
- 11.5 North America Penetration Testing as a Service Market, by Testing Type (2019-2032)
- 11.6 North America Penetration Testing as a Service Market, by Vertical (2019-2032)
- 11.7 North America Penetration Testing as a Service Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE PENETRATION TESTING AS A SERVICE MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Penetration Testing as a Service Market, by Offerings (2019-2032)
- 12.4 Europe Penetration Testing as a Service Market, by Organization Size (2019-2032)
- 12.5 Europe Penetration Testing as a Service Market, by Testing Type (2019-2032)
- 12.6 Europe Penetration Testing as a Service Market, by Vertical (2019-2032)
- 12.7 Europe Penetration Testing as a Service Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC PENETRATION TESTING AS A SERVICE MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Penetration Testing as a Service Market, by Offerings (2019-2032)
- 13.4 Asia-Pacific Penetration Testing as a Service Market, by Organization Size (2019-2032)
- 13.5 Asia-Pacific Penetration Testing as a Service Market, by Testing Type (2019-2032)
- 13.6 Asia-Pacific Penetration Testing as a Service Market, by Vertical (2019-2032)
- 13.7 Asia-Pacific Penetration Testing as a Service Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA PENETRATION TESTING AS A SERVICE MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Penetration Testing as a Service Market, by Offerings (2019-2032)
- 14.4 South America Penetration Testing as a Service Market, by Organization Size (2019-2032)
- 14.5 South America Penetration Testing as a Service Market, by Testing Type (2019-2032)
- 14.6 South America Penetration Testing as a Service Market, by Vertical (2019-2032)
- 14.7 South America Penetration Testing as a Service Market, by Country (2019-2032)
- 14.7.1 Brazil
- 14.7.2 Argentina
- 14.7.3 Chile
- 14.7.4 Colombia
- 14.7.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA PENETRATION TESTING AS A SERVICE MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Penetration Testing as a Service Market, by Offerings (2019-2032)
- 15.4 Middle East and Africa Penetration Testing as a Service Market, by Organization Size (2019-2032)
- 15.5 Middle East and Africa Penetration Testing as a Service Market, by Testing Type (2019-2032)
- 15.6 Middle East and Africa Penetration Testing as a Service Market, by Vertical (2019-2032)
- 15.7 Middle East and Africa Penetration Testing as a Service Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Penetration Testing as a Service Market, Company Share Analysis
- 16.2 North America Penetration Testing as a Service Market, Company Share Analysis
- 16.3 Europe Penetration Testing as a Service Market, Company Share Analysis
- 16.4 Asia-Pacific Penetration Testing as a Service Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 Synack
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 Edgescan
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 Yogosha
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Software Secured
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 Astra Security
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 Immuniweb
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Pentest People
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 SafeAeon
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 Raxis
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 Rootshell Security
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.