The Dynamic Application Security Testing Market is to reach $8.3 Billion by 2030; Increasing demand for application security by major industry verticals such as healthcare, IT and Telecom and many others along with higher usage of mobile applications

The Dynamic Application Security Testing Market size is estimated to reach $8.3 billion by 2030, growing at a CAGR of 18.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Dynamic Application Security Testing Market – By Type (Services (Professional Services and Managed Services), Solution), By Deployment Mode (Cloud based and On premises), By Application (Web Application Security, Mobile Application Security), By Organization Size (Large Enterprises, Small scale and medium sized enterprises), By End User (Government and Defense, Banking, Financial Services, and Insurance, IT and Telecom, Healthcare, Retail, Manufacturing and Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030”.

North America held the largest share in the Dynamic Application Security Testing Market in 2023. the region boasts a mature and well-developed software development and IT infrastructure, leading to a high demand for robust security testing solutions. Additionally, the United States and Canada, the two largest economies in North America, have a strong focus on cybersecurity and data privacy, driving investment in DAST tools to protect sensitive information. The region's stringent regulatory landscape, including compliance with standards like HIPAA and PCI DSS, has also increased the need for organizations to implement effective application security measures. Furthermore, the region's well-established supply chain and logistics infrastructure have facilitated the efficient distribution and supply of DAST tools to end-users, further contributing to the market growth in the North America region.

The increase in cybercrime rates has been a significant driver of growth in the Dynamic Application Security Testing Market. As cyberattacks become increasingly sophisticated and frequent, organizations are recognizing the critical need to protect their applications and data from vulnerabilities, DAST tools provide a proactive approach to identify and address security weaknesses in web applications, preventing potential breaches and mitigating financial losses. The rising threat of data breaches, ransomware attacks, and other cybercrimes has compelled organizations to invest in robust security measures, including DAST solutions, to safeguard their sensitive information and maintain business continuity. Additionally, regulatory compliance requirements, such as GDPR and CCPA, mandate organizations to implement appropriate security measures to protect customer data which has expanded the appeal of Dynamic Application Security Testing Market.