Application Security Market Analysis

Type of Security Testing (DAST, SAST, IAST, RASP)

The SAST segment in the application security market is anticipated to register a share of 40% by the end of 2037. This growth could be owing to the rising advantages of SAST. Since most SAST tools are automated, they can quickly and effectively investigate the whole source. This enables an in-depth study of the code and decreases the possibility of overlooking a vulnerability. Additionally, SAST can assist in lowering remediation costs by finding and repairing vulnerabilities early in the development phase.

End-User Vertical (Healthcare, BFSI, Education, Retail, Government)

The BFSI segment in the application security market is set to grow at a notable CAGR over the forecast period. The BFSI industry is one of major critical infrastructure sectors that experiences frequent cyber-attacks, and data breaches due to the magnitude of its customer base and the highly confidential financial data involved. Additionally, the market for application security is expected to grow as a result of the fact that financial institutions are four times extra vulnerable to cyberattacks than more industries.

Our in-depth analysis of the global market includes the following segments:

Type of Security Testing	SAST DAST IAST RASP
Organization Size	SMEs Large Enterprise
End-User Vertical	Healthcare BFSI Education Retail Government

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of application security is estimated at USD 12.5 billion.

The application security market size was over USD 10.97 billion in 2024 and is projected to cross USD 88.59 billion by the end of 2037, witnessing more than 17.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing demand for online shopping, the surge in mergers & acquisitions of companies, and the rise in the risk of cybersecurity to small businesses.

North America industry is poised to dominate 40% revenue share by 2037, backed by rising digital transformation along with the growing prevalence of financially motivated attacks.

The major players in the market include IBM Corporation, Capgemini Services SAS, Whitehat Security, Synopsys, Inc., SUBARU Corporation, Micro Focus, HCL Technologies Limited, Cisco Systems Inc., RapidAPI, Oracle Corporation.

Application Security Market Analysis