The report "Americas Application Security Market - Trends Analysis, Product Usability Profiles & Forecasts to 2023", published by 360iResearch, states that the americas market was valued at USD 984.56 million in 2016 and is projected to reach USD 4,957.37 million by 2023, growing at a CAGR of 25.98% from 2016 to 2023.
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The major forces driving the growth of the application security market include the emergence of conversational systems, the expansion of the iot into a digital mesh and enforcement of government and industry regulation. However certain factors such as the precarious point of insecurity due to online applications may hinder the market growth. In the middle of difficulty lies opportunity such as the integrating artificial intelligence in security and forecast. The possible challenges for the market growth is vulnerabilities brought by continuosuly evolving advanced threats. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the americas application security market is studied across aerospace & defense, automotive & transportation & logistics, banking, financial services & insurance, building, construction & real estate, consumer goods & retail, education, energy & utilities, government & public sector, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, and travel & hospitality. Based on geography, the americas application security market is studied across United States, Brazil, Canada, Mexico, and Argentina.
The report features a competitive scenario of the application security market and provides inclusive analysis of key growth strategies adopted by major players. Key products profiled in the study are Acunetix Vulnerability Scanner, Burp Suite, Checkmarx CxSAST, Fortify on Demand, IBM AppScan, Nessus Vulnerability Scanner, Qualys Web Application Scanning, Synopsys Application Security Services, Trustwave Application Security, and Veracode Application Security Platform.
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