Application Security Market Share

North American Market Forecast

The application security market in North America is poised to dominate 40% revenue share by 2037, backed by rising digital transformation along with the growing prevalence of financially motivated attacks. Additionally, it was frequently noticed that hackers were utilizing stolen credentials to access the company's web-based email along with additional web applications in North America. The usage of hacked credentials has risen in lockstep with the rise in business adoption of cloud-based technologies. Software and services for application security are essential in this region. Therefore, this factor is set to influence the growth of the market in this region.

European Market Analysis

The application security market in Europe is poised to have significant growth over the forecast period. This growth of the market in this region could be influenced by rising government initiatives in order to protect organizations from cyberattacks. Moreover, there has been a growing launch of applications in this region would also be an important factor. Also, companies in this region are investing heavily in cyber-security, hence giving scope for market expansion.

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 Share