[72 Pages Report] Application security is a continuously evolving security approach. As the frequency of cybercrime is rapidly increasing, organizations are compelled to adopt advanced security solutions to protect their applications, data, network, and devices. Application layer has been a new target for attackers to penetrate into an enterprises IT infrastructure or bring damage to it, which acts as a major driving factor for the application security market.
This report on vendor comparison in application security based on the MNM DIVE methodology analyzes and evaluates the key vendors in the application security market.
MarketsandMarkets defines application security as to safeguard applications from cyber threats and vulnerabilities. This involves the use of security testing techniques, such as Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), and Interactive Application Security Testing (IAST) to scan the web and mobile applications for vulnerabilities throughout the application development lifecycle. With proper application security testing solutions, an organization can prevent security breaches and cut down business cost by optimizing the applications and enhancing their information security infrastructure. Lack of security expertise in enterprises is the major driving factor for the large-scale adoption of application security solutions and services. This provides great opportunities of growth for various application security solution and service providers.
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Vendor Inclusion Criteria
We have selected 15 vendors for evaluations based on their breadth of product offering and robust business strategy. The focus of our vendor evaluation was on the product they offer in the application security market. A comprehensive list of all the vendors in this market was created through a product mapping strategy and MarketsandMarkets analysis. Based on their capabilities, technology innovations, industry coverage, breadth of product offering, support services & their business strategies, global reach, partner ecosystem, new product launches, and acquisitions, the vendors were shortlisted.
The report covers a comprehensive study of the key vendors offering solutions for the application security market. We have evaluated the following 15 vendors: Acunetix, Checkmarx Ltd., Contrast Security, Fasoo, Hewlett Packard Enterprise (HPE), High-Tech Bridge, International Business Machines (IBM) Corporation, Pradeo, Qualys, Inc., Rapid7, Inc., SiteLock, Synopsys, Inc., Veracode, Inc. (CA, Inc.), Trustwave Holdings, Inc. (Singtel), and WhiteHat Security, Inc.
Application security protects web and mobile-based applications from vulnerabilities via various security testing procedures throughout the application development lifecycle. This involves the measures taken throughout the application code’s lifecycle to identify the security gaps and flaws to protect applications from cybercriminals and malicious attacks. The security testing techniques for securing business critical applications include Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), and Interactive Application Security Testing (IAST). As the threat landscape is continuously evolving, organizations are struggling to address the sophisticated and advanced threats. Security vulnerabilities hidden within an application remain undetected during the development and deployment process. This weakness can be easily targeted by hackers and exploited to leak private data or cause disruption in the business processes. An application security solution ensures the protection of critical applications from such exploits and vulnerabilities and is concerned with the business risks. This ensures adherence to compliance requirements by safeguarding applications that support business operations.
The major factors driving the growth of the application security market are the rising security breaches targeting business applications and stringent compliance and regulatory requirement for application security. Furthermore, due to the rise in the demand for Software as a Service (SaaS)-based application security solutions, the application security market finds huge opportunity to grow in the next five years. The biggest challenge for organizations will be to address the high cost of innovation for application security solutions due to budget constraints as well as lack of application security expertise.
The report on vendor comparison in application security based on MarketsandMarkets DIVE methodology reviews major players that offer application security solutions and outlines the findings and analysis on the basis of two broad categories: product offerings and business strategies. Each category carries various criteria, based on which the vendors are evaluated. The criteria are provided below:
Based on the extensive secondary and primary research, key information about the vendors’ product offerings and business strategies was gathered. After the completion of data gathering and verification process, the scores and weightage for shortlisted vendors against each parameter were finalized. A comparison scorecard was prepared after evaluating all the vendors, and each vendor was placed in the MNM DIVE matrix on the basis of their product offering and business strategy scores.
This report is instrumental in helping the stakeholders, such as application security vendors, cybersecurity vendors, network solution providers, security testing service providers, consulting firms, system integrators, value-added resellers, and Managed Security Service Providers (MSSPs) to understand the capabilities of the major players in the application security market.
The report covers the comprehensive study of key application security vendors, including Acunetix, Checkmarx Ltd., Contrast Security, Fasoo, Hewlett Packard Enterprise (HPE), High-Tech Bridge, International Business Machines (IBM) Corporation, Pradeo, Qualys, Inc., Rapid7, Inc., SiteLock, Synopsys, Inc., Veracode, Inc. (CA, Inc.), Trustwave Holdings, Inc. (Singtel), and WhiteHat Security, Inc.
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Table of Contents
About the Document
MnM Dive Overview
Dive Evaluation Criteria
Vendor Inclusion Criteria
MnM Voice: Application Security
Application Security: A Solution That Enables an Enterprise to Detect Vulnerabilites In Its Applications and Help Remediate Them
Application Security Best Practices
Application Security: Vendor Comparison
MnM Dive Vendor Comparison Scorecard
Hewlett Packard Enterprise
Veracode, Inc. (CA, Inc.)
MnM Dive: Vendor Comparison Methodology
List of Abbreviations
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