Penetration Testing Industry - Regional Synopsis
North America Market Analysis
North America industry is predicted to dominate majority revenue share of 38% by 2037, attributed to growing adoption of DevOps, and growing pace of quality assurance (QA) tools. Additionally, the government in North America has set stringent regulation for penetration testing, has this region is the center for technology and hence it is more prone to cybercrime. Organizations in this area are frequently the target of cyberattacks. Phishing attacks were the most frequent cyberattacks that American businesses encountered in 2019. According to estimates from IT security professionals, successful phishing attempts via email, social media, or phone affected about 60 percent of U.S. firms in that year. However, the penetration testing market in Asia Pacific region is estimated to grow at a highest CAGR of 15.6% over the forecast period.
