Mobile Application Security Testing Market

HCLTech (India), OpenText (Canada) and Qualys (US) are leading players in Mobile Application Security Testing Market

The global mobile application security testing (MAST) market is estimated to be worth USD 0.9 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 28.3% during the forecast period. There is a growing dependence on mobile applications for various activities, including financial transactions, communication, and data storage. As the usage of mobile apps increases, so does the attractiveness of these platforms to attackers seeking to exploit security weaknesses. Additionally, the diversity of mobile devices and operating systems adds complexity, making it crucial to assess security across different environments. Regulatory requirements and increasing awareness of data privacy issues also drive the need for robust mobile application security testing as organizations strive to comply with standards and safeguard user information. Proactively addressing security concerns through comprehensive testing helps mitigate risks, build user trust, and ensure the overall integrity of mobile applications in an evolving threat model.

The major players in the MAST market are IBM (US), HCLTech (India), OpenText (Canada), Synopsys (US), 3i Infotech (India), Qualys (US), Syhunt (Brazil), Checkmarx (US), Testhouse (UK), Ivanti (US), Digital.ai (US), Veracode (US), Onapsis (US), Snyk (US), Secure Code Warrior (Australia), eShard (France), Quokka (India), Data Theorem (US), Pradeo (France), PortSwigger (UK), ImmuniWeb (Switzerland), Contrast Security (US), Codified Security (UK), App-Ray (Austria), Entersoft Security (India), DerSecur (Israel), Fluid Attacks (US), Acunetix (US), VerSprite (US), Appknox (Singapore), and NowSecure (US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the MAST market. The organic and inorganic strategies have helped the market players expand globally by providing application performance and security.

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OpenText

OpenText is leading in Information Management. It offers a comprehensive line of Information Management products and services that power and protect businesses of all sizes. OpenText’s Information Management solutions manage the creation, capture, use, analysis, and lifecycle of structured and unstructured data. Its Information Management solutions are designed to help organizations extract value from their information, secure it, and meet the growing list of privacy and compliance requirements. The company offers a mobile testing methodology that tests all three tiers: the client, network, and server. OpenText helps customers improve efficiencies, redefine business models, and transform industries. In 2023, OpenText acquired Micro Focus, another leading provider of enterprise software. This acquisition has expanded OpenText's product portfolio and made it one of the largest enterprise software companies in the world.

HCLTech

HCL Technologies is a leading global IT services and consulting company. It provides a wide range of services to clients in over 50 countries. The company's services include application development and maintenance, infrastructure management, business process outsourcing, and consulting. HCL Technologies has been recognized as a leader in several areas, including cloud computing, analytics, and digital transformation. The company had over 220,000 employees in the fiscal year 2022. HCL Technologies offers Mobile Application Security Testing (MAST) Solutions. It offers a comprehensive suite of mobile application security testing solutions to help organizations identify and remediate vulnerabilities in their mobile apps. These solutions help organizations protect their sensitive data, meet compliance requirements, and enhance the overall security of their mobile applications. HCL Technologies' mobile application security testing solutions include static application security testing (SAST), which scans the source code of mobile apps to identify vulnerabilities, including insecure coding practices, SQL injection attacks, and cross-site scripting (XSS). Its other offering includes dynamic application security testing (DAST), it scans mobile apps while running to identify vulnerabilities that may not be detected by SAST, such as insecure input validation and authorization flaws. It also offers MAST services, including mobile application penetration testing (MAPT), which involves manual testing of mobile apps to identify and exploit vulnerabilities that automated tools may not detect. HCL Technologies' mobile application security testing solutions are supported by a team of experienced security professionals that provide guidance and support throughout the testing process. HCL Technologies also offers a variety of training and certification programs to help organizations develop the skills they need to secure their mobile apps. The company operates in the Americas, Europe, Asia Pacific, and Middle East & Africa.

Qualys

Qualys is a cloud-based information security, compliance, and vulnerability management solutions provider. It enables organizations to identify, assess, and remediate security risks across their IT infrastructure and applications. Its core services allow integrated workflows, management, and real-time analysis and reporting across all of its IT, security, and compliance solutions for its customers inside their organizations, on the perimeter, on endpoints, or in the cloud. The company’s core services include dynamic and customizable dashboards and centrally managed, self-updating integrated Cloud Apps through a natively integrated unified platform. Qualys also offers a variety of MAST solutions, including Qualys VMDR for Mobile Devices. VMDR solution provides continuous vulnerability assessment of Android, iOS, and iPadOS devices and the apps they use. It offers comprehensive vulnerability coverage, real-time visibility, and easy deployment and management. It also offers Qualys Web Application Scanning (WAS) solution, which scans mobile web apps for vulnerabilities. It provides a wide range of vulnerability coverage, automated reporting, and easy integration with CI/CD pipelines. More than 13,000 organizations worldwide use the company's solutions, including government agencies and service providers.

Related Reports:

Mobile Application Security Testing Market by Offering, Operating System (iOS, Android), Deployment Mode (On-premises, Cloud), Organization Size, Vertical (BFSI, IT & Telecom, Retail & eCommerce) and Region - Global Forecast to 2028

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Mobile Application Security Testing Market Size,  Share & Growth Report
Report Code
TC 8894
RI Published ON
12/14/2023
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