Market Size of Dynamic Application Security Testing Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 3.04 Billion |
| Market Size (2029) | USD 7.17 Billion |
| CAGR (2024 - 2029) | 18.74 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dynamic Application Security Testing (DAST) Market Analysis
The Dynamic Application Security Testing Market size is estimated at USD 3.04 billion in 2024, and is expected to reach USD 7.17 billion by 2029, growing at a CAGR of 18.74% during the forecast period (2024-2029).
Dynamic Application Security Testing (DAST) is an application security solution that finds vulnerabilities in online applications and allows for sophisticated scanning with minimal user interaction.
- One of the main drivers propelling the market's expansion is the demand for quicker deployment of web-based and mobile applications, as well as the robust maintenance of these applications and steadily rising cyberattacks.
- Furthermore, the rising global rate of cybercrime and increasing demand from the e-commerce industry are driving the growth of the Dynamic Application Security Testing Market. Consumers and businesses are still vulnerable to security breaches. Communication between important business apps and data sharing across platforms, devices, and users is the backbone of digital infrastructure. Cybercriminals target business software because they store sensitive corporate data.
- The rising use of DevOps has made DAST solutions more applicable across sectors by enabling them to be integrated into the software development process. This has made integration easier, along with other advantages like cloud deployment, continuous and on-demand risk assessments, secure production, and AI-enabled verification. This reduces the quantity of false positives. As a result, it saves the company a significant amount of money. Additionally, it is anticipated that focusing on prevention rather than solely on detection and correction would increase demand for dynamic application security testing solutions.
- However, the budgetary constraints and lack of skilled individuals to perform DAST are the major constraints in the market's growth. These are the common challenges that some agencies are addressing by outsourcing their security requirements.
- The globe was at serious risk of experiencing more severe supply chain pain, manufacturing disruptions, and severely impacted manufacture, distribution, and sales products in upcoming market sales because of COVID outbreaks and China's already uncertain post-pandemic path.
