Global Application Security Software Market Growth (Status and Outlook) 2023-2029

Application Security Software refers to the software tool to protect applications from external threats throughout their lifecycle. Application security is defined as the process of making apps more secure by finding, fixing, and enhancing the security of apps. Much of the process happens during the development phase, security tools and methods are used to protect apps once they are deployed. 
The application security market is seeing a rapid growth primarily driven by the increase in the number of cyber-attacks and their sophistication, strict government regulations and growing smartphone penetration and adoption. Additionally, the space has seen a lot of investments by venture capitalists and private equity investors giving rise to a bunch of rising cybersecurity startups in the world. Other factors contributed to the growth of the application security market include the development and adoption of Internet of Things (IoT), digitization and automation in the industrial space, and technological development in the finance space especially in the emerging economies, etc.

LPI (LP Information)' newest research report, the “Application Security Software Industry Forecast” looks at past sales and reviews total world Application Security Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Application Security Software sales for 2023 through 2029. With Application Security Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Application Security Software industry.

This Insight Report provides a comprehensive analysis of the global Application Security Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Application Security Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Application Security Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Application Security Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Application Security Software.

The global Application Security Software market size is projected to grow from US$ 2713.4 million in 2022 to US$ 8251.4 million in 2029; it is expected to grow at a CAGR of 17.2% from 2023 to 2029.

The main companies in the market include Micro Focus, Veracode, Rogue Wave Software, CAST Software, HCL Technologies (formerly IBM), Synopsys, Parasoft and Checkmarx. In 2019, HCl technologies (formally IBM) accounted for the largest proportion, about 13%.

This report presents a comprehensive overview, market shares, and growth opportunities of Application Security Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Cloud-based
    On-Premise

Segmentation by application
    Web App
    Mobile App

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Micro Focus
    Veracode
    Rogue Wave
    CAST Software
    IBM
    Synopsys
    Parasoft
    Checkmarx
    Akamai
    Trustwave Holdings
    WhiteHat Security
    QUALYS, INC
    Secure Decisions
    Rapid7
    Kiuwan
    GrammaTech
    Acunetix Ltd
    Intertrust

List of Tables
    Table 1. Application Security Software Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Cloud-based
    Table 3. Major Players of On-Premise
    Table 4. Application Security Software Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 5. Global Application Security Software Market Size by Type (2018-2023) & ($ Millions)
    Table 6. Global Application Security Software Market Size Market Share by Type (2018-2023)
    Table 7. Application Security Software Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 8. Global Application Security Software Market Size by Application (2018-2023) & ($ Millions)
    Table 9. Global Application Security Software Market Size Market Share by Application (2018-2023)
    Table 10. Global Application Security Software Revenue by Players (2018-2023) & ($ Millions)
    Table 11. Global Application Security Software Revenue Market Share by Player (2018-2023)
    Table 12. Application Security Software Key Players Head office and Products Offered
    Table 13. Application Security Software Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 14. New Products and Potential Entrants
    Table 15. Mergers & Acquisitions, Expansion
    Table 16. Global Application Security Software Market Size by Regions 2018-2023 & ($ Millions)
    Table 17. Global Application Security Software Market Size Market Share by Regions (2018-2023)
    Table 18. Global Application Security Software Revenue by Country/Region (2018-2023) & ($ millions)
    Table 19. Global Application Security Software Revenue Market Share by Country/Region (2018-2023)
    Table 20. Americas Application Security Software Market Size by Country (2018-2023) & ($ Millions)
    Table 21. Americas Application Security Software Market Size Market Share by Country (2018-2023)
    Table 22. Americas Application Security Software Market Size by Type (2018-2023) & ($ Millions)
    Table 23. Americas Application Security Software Market Size Market Share by Type (2018-2023)
    Table 24. Americas Application Security Software Market Size by Application (2018-2023) & ($ Millions)
    Table 25. Americas Application Security Software Market Size Market Share by Application (2018-2023)
    Table 26. APAC Application Security Software Market Size by Region (2018-2023) & ($ Millions)
    Table 27. APAC Application Security Software Market Size Market Share by Region (2018-2023)
    Table 28. APAC Application Security Software Market Size by Type (2018-2023) & ($ Millions)
    Table 29. APAC Application Security Software Market Size Market Share by Type (2018-2023)
    Table 30. APAC Application Security Software Market Size by Application (2018-2023) & ($ Millions)
    Table 31. APAC Application Security Software Market Size Market Share by Application (2018-2023)
    Table 32. Europe Application Security Software Market Size by Country (2018-2023) & ($ Millions)
    Table 33. Europe Application Security Software Market Size Market Share by Country (2018-2023)
    Table 34. Europe Application Security Software Market Size by Type (2018-2023) & ($ Millions)
    Table 35. Europe Application Security Software Market Size Market Share by Type (2018-2023)
    Table 36. Europe Application Security Software Market Size by Application (2018-2023) & ($ Millions)
    Table 37. Europe Application Security Software Market Size Market Share by Application (2018-2023)
    Table 38. Middle East & Africa Application Security Software Market Size by Region (2018-2023) & ($ Millions)
    Table 39. Middle East & Africa Application Security Software Market Size Market Share by Region (2018-2023)
    Table 40. Middle East & Africa Application Security Software Market Size by Type (2018-2023) & ($ Millions)
    Table 41. Middle East & Africa Application Security Software Market Size Market Share by Type (2018-2023)
    Table 42. Middle East & Africa Application Security Software Market Size by Application (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Application Security Software Market Size Market Share by Application (2018-2023)
    Table 44. Key Market Drivers & Growth Opportunities of Application Security Software
    Table 45. Key Market Challenges & Risks of Application Security Software
    Table 46. Key Industry Trends of Application Security Software
    Table 47. Global Application Security Software Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 48. Global Application Security Software Market Size Market Share Forecast by Regions (2024-2029)
    Table 49. Global Application Security Software Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 50. Global Application Security Software Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 51. Micro Focus Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 52. Micro Focus Application Security Software Product Offered
    Table 53. Micro Focus Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 54. Micro Focus Main Business
    Table 55. Micro Focus Latest Developments
    Table 56. Veracode Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 57. Veracode Application Security Software Product Offered
    Table 58. Veracode Main Business
    Table 59. Veracode Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 60. Veracode Latest Developments
    Table 61. Rogue Wave Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 62. Rogue Wave Application Security Software Product Offered
    Table 63. Rogue Wave Main Business
    Table 64. Rogue Wave Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 65. Rogue Wave Latest Developments
    Table 66. CAST Software Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 67. CAST Software Application Security Software Product Offered
    Table 68. CAST Software Main Business
    Table 69. CAST Software Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 70. CAST Software Latest Developments
    Table 71. IBM Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 72. IBM Application Security Software Product Offered
    Table 73. IBM Main Business
    Table 74. IBM Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 75. IBM Latest Developments
    Table 76. Synopsys Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 77. Synopsys Application Security Software Product Offered
    Table 78. Synopsys Main Business
    Table 79. Synopsys Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 80. Synopsys Latest Developments
    Table 81. Parasoft Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 82. Parasoft Application Security Software Product Offered
    Table 83. Parasoft Main Business
    Table 84. Parasoft Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 85. Parasoft Latest Developments
    Table 86. Checkmarx Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 87. Checkmarx Application Security Software Product Offered
    Table 88. Checkmarx Main Business
    Table 89. Checkmarx Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 90. Checkmarx Latest Developments
    Table 91. Akamai Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 92. Akamai Application Security Software Product Offered
    Table 93. Akamai Main Business
    Table 94. Akamai Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 95. Akamai Latest Developments
    Table 96. Trustwave Holdings Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 97. Trustwave Holdings Application Security Software Product Offered
    Table 98. Trustwave Holdings Main Business
    Table 99. Trustwave Holdings Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 100. Trustwave Holdings Latest Developments
    Table 101. WhiteHat Security Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 102. WhiteHat Security Application Security Software Product Offered
    Table 103. WhiteHat Security Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 104. WhiteHat Security Main Business
    Table 105. WhiteHat Security Latest Developments
    Table 106. QUALYS, INC Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 107. QUALYS, INC Application Security Software Product Offered
    Table 108. QUALYS, INC Main Business
    Table 109. QUALYS, INC Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 110. QUALYS, INC Latest Developments
    Table 111. Secure Decisions Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 112. Secure Decisions Application Security Software Product Offered
    Table 113. Secure Decisions Main Business
    Table 114. Secure Decisions Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 115. Secure Decisions Latest Developments
    Table 116. Rapid7 Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 117. Rapid7 Application Security Software Product Offered
    Table 118. Rapid7 Main Business
    Table 119. Rapid7 Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 120. Rapid7 Latest Developments
    Table 121. Kiuwan Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 122. Kiuwan Application Security Software Product Offered
    Table 123. Kiuwan Main Business
    Table 124. Kiuwan Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 125. Kiuwan Latest Developments
    Table 126. GrammaTech Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 127. GrammaTech Application Security Software Product Offered
    Table 128. GrammaTech Main Business
    Table 129. GrammaTech Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 130. GrammaTech Latest Developments
    Table 131. Acunetix Ltd Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 132. Acunetix Ltd Application Security Software Product Offered
    Table 133. Acunetix Ltd Main Business
    Table 134. Acunetix Ltd Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 135. Acunetix Ltd Latest Developments
    Table 136. Intertrust Details, Company Type, Application Security Software Area Served and Its Competitors
    Table 137. Intertrust Application Security Software Product Offered
    Table 138. Intertrust Main Business
    Table 139. Intertrust Application Security Software Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 140. Intertrust Latest Developments
List of Figures
    Figure 1. Application Security Software Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Application Security Software Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Application Security Software Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Application Security Software Sales Market Share by Country/Region (2022)
    Figure 8. Application Security Software Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Application Security Software Market Size Market Share by Type in 2022
    Figure 10. Application Security Software in Web App
    Figure 11. Global Application Security Software Market: Web App (2018-2023) & ($ Millions)
    Figure 12. Application Security Software in Mobile App
    Figure 13. Global Application Security Software Market: Mobile App (2018-2023) & ($ Millions)
    Figure 14. Global Application Security Software Market Size Market Share by Application in 2022
    Figure 15. Global Application Security Software Revenue Market Share by Player in 2022
    Figure 16. Global Application Security Software Market Size Market Share by Regions (2018-2023)
    Figure 17. Americas Application Security Software Market Size 2018-2023 ($ Millions)
    Figure 18. APAC Application Security Software Market Size 2018-2023 ($ Millions)
    Figure 19. Europe Application Security Software Market Size 2018-2023 ($ Millions)
    Figure 20. Middle East & Africa Application Security Software Market Size 2018-2023 ($ Millions)
    Figure 21. Americas Application Security Software Value Market Share by Country in 2022
    Figure 22. United States Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 23. Canada Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 24. Mexico Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Brazil Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 26. APAC Application Security Software Market Size Market Share by Region in 2022
    Figure 27. APAC Application Security Software Market Size Market Share by Type in 2022
    Figure 28. APAC Application Security Software Market Size Market Share by Application in 2022
    Figure 29. China Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 30. Japan Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 31. Korea Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Southeast Asia Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 33. India Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Australia Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Europe Application Security Software Market Size Market Share by Country in 2022
    Figure 36. Europe Application Security Software Market Size Market Share by Type (2018-2023)
    Figure 37. Europe Application Security Software Market Size Market Share by Application (2018-2023)
    Figure 38. Germany Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 39. France Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 40. UK Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 41. Italy Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 42. Russia Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Middle East & Africa Application Security Software Market Size Market Share by Region (2018-2023)
    Figure 44. Middle East & Africa Application Security Software Market Size Market Share by Type (2018-2023)
    Figure 45. Middle East & Africa Application Security Software Market Size Market Share by Application (2018-2023)
    Figure 46. Egypt Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 47. South Africa Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 48. Israel Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 49. Turkey Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 50. GCC Country Application Security Software Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Americas Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 52. APAC Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 53. Europe Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 54. Middle East & Africa Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 55. United States Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 56. Canada Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 57. Mexico Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 58. Brazil Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 59. China Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 60. Japan Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 61. Korea Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 62. Southeast Asia Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 63. India Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 64. Australia Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 65. Germany Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 66. France Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 67. UK Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 68. Italy Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 69. Russia Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 70. Spain Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 71. Egypt Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 72. South Africa Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 73. Israel Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 74. Turkey Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 75. GCC Countries Application Security Software Market Size 2024-2029 ($ Millions)
    Figure 76. Global Application Security Software Market Size Market Share Forecast by Type (2024-2029)
    Figure 77. Global Application Security Software Market Size Market Share Forecast by Application (2024-2029)

Micro Focus
Veracode
Rogue Wave
CAST Software
IBM
Synopsys
Parasoft
Checkmarx
Akamai
Trustwave Holdings
WhiteHat Security
QUALYS, INC
Secure Decisions
Rapid7
Kiuwan
GrammaTech
Acunetix Ltd
Intertrust

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape