The global penetration testing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. The primary factors driving the growth of the penetration testing market are rising cyber-attacks and the growing number of connected devices. 

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According to the NTSC (National Technology Security Coalition) in 2020, Capital One, one of the largest banking institutions in the US, suffered a massive data breach, exposing the personal information of over 106 million credit card applicants between 2005 and 2019.

Further, the NTSC report disclosed that Over 770 million email addresses and 21 million unique passwords were exposed in a popular hacking forum after being hosted in the cloud service MEGA. It became the single largest collection of breached personal credentials in history. These cyber-attacks are playing a crucial role in the compelling organization for security services including penetration testing, and it is anticipated to tremendously drive the penetration testing market. 

Global Penetration Testing Market Report Segment

By End-User

• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Information Technology (IT)
• Telecom
• Education
• Retail and eCommerce
• Others (Social Media, Energy, and Transportation)

By Testing Service

• Web application 
• Mobile application 
• Network Infrastructure
• Social Engineering
• Cloud
• Others (Wireless, IoT & Embedded)

By Deployment Mode

• Cloud
• On-premises

By Organization Size

• Large Organization
• Medium and Small Organizations

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Penetration Testing Market Report Segment by Region

North America          

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific   

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

·        Acunetix, Ltd.

·        Checkmarx, Ltd.

·        Cisco Systems, Inc.

·        Context Information Security (Accenture plc)

·        FireEye, Inc.       

·        HackerOne, Inc.

·        Hewlett Packard Enterprise Development LP

·        IBM Corp.

·        ISECURION Technology & Consulting Pvt. Ltd.

·        Micro Focus International plc

·        PortSwigger, Ltd.

·        Qualys, Inc.

·        Rapid7, Inc.

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