Dynamic Application Security Testing Market will witness a substantial growth by 2024

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Dynamic Application Security Testing Market will
witness a rapid growth to 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Dynamic Application Security
Testing Market

• The Asia Pacific DAST market is projected to show
  the unprecedented growth during the forecast
  timeline due to the rapid development in the IT
  infrastructure and digitalization initiatives in
  the region. Despite the increasing application
  related issues, the security solution providers
  across the region continue to cope up with the
  challenges and increasing data vulnerabilities.
  For instance, in December 2017, SecureMetric and
  Promon teamed up to help companies in Southeast
  Asia to maximize the data protection and reduce
  the data breaches by protecting the applications
  on mobile devices. Moreover, with the explosion
  of software applications, there is an increasing
  need to have effective processes for security and
  quality assurance within the application
  development lifecycle.
• North America is estimated to dominate the DAST
  market due to increasing incidences of breaches
  among private companies and government networks.
  To address these challenges, public and private
  companies are collaborating with the security
  solution vendors to reduce their risks. For
  instance, in June 2017, Cisco and IBM teamed up
  to tackle growing cyber threats. Cisco integrated
  its security solutions with IBMs QRadar,
  enterprise security solution to protect
  organizations across networks, endpoints, and
  cloud.

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• Application Analysis of Dynamic Application
  Security Testing Market
• DAST solutions have been widely used in a variety
  of applications including web-based and mobile
  application security testing. Web-based
  application security testing is leading the
  application landscape due to the high adoption of
  DAST solutions to protect the digital assets of
  the organization from the malicious activities
  and vulnerabilities. Security administrators and
  web developers perform web application testing to
  identify and mitigate vulnerabilities that can
  affect their existing networks.
• Various security threats in the form of
  manipulation of applications for unauthorized
  access, modification, breach, and exposing
  sensitive data accelerate the demand for DAST
  solutions. Furthermore, organizations are
  constantly focusing on the application security
  testing to discover attacks and internal
  weaknesses to provide safe and reliable operating
  environment that supports business objectives.
  However, the budgetary constraints and lack of
  skilled individuals to perform DAST are the major
  constraints in the growth of the market.

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Competitive Market Share of Dynamic Application
Security Testing Market

• The key vendors of the DAST market include IBM,
  Accenture, Micro Focus, Veracode, Synopsys,
  Pradeo, Rapid7, Tieto, Trustwave, and WhiteHat
  Security. These players are entering into
  strategic partnerships to expand their product
  portfolio and gain market share. For instance, in
  February 2017, IBM and HCL collaborated to drive
  growth and innovation in applications security
  space.
• Similarly, in April 2018, RiskSense partnered
  with WhiteHat Security for app security risk
  management. The partnership enabled organizations
  to automate business impact assessment of web
  vulnerabilities, scoring, and management.

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