Static Application Security Testing (SAST) Market - Forecast(2024 - 2030)

The Global market for Static Application Security Testing is forecast to reach $455 million by 2025, growing at a CAGR of 24.31% from 2020 to 2025. The growing demand for application security by leading sectors and high usage in mobile applications are the major drivers towards market growth of static application security testing. Early stage vulnerability detection with static application security testing has caused more demands from the developers as it allows them in solving the issues easily, thus simplifying the final application process.

With the increasing technological advancements, cloud based security testing is expected to have a major share in the application security market during the forecast period 2020-2025. The cloud based security testing provides building of more secured, fully managed and highly scalable software thus satisfying the needs of complex environments. In contrast with earlier security testing tools, cloud based security helps in eliminating low as well as medium risk applications over a large application base. With adoption of cloud security in mobile applications, the static application security testing market is growing with major shares over the past years.

North America is seen dominating the global Static Application Security testing market during the forecast period from 2020 to 2025 with major share of 34.5%. Presence of key players such as Synopsys, IBM and Contrast Security are acting as major drivers for the growth of Static Application Security testing market. Increasing demand for application security by leading organisations and rise of smart phone market hasbeen helping the region with major market shares. Technological advancements and investments towards the research and development activities are also fuelling the application security market.

With rising growth of E-commerce industry, static application security is gaining much popularity prior tocyber attacks protection. As the shopping websites and many other e-commerce applications can be accessed from different type of devices, thereby causing major security concerns. Payments made through e-wallets and many other transaction applications make use of your personal data such as bank account details, thus causing severe threats of password hacking and financial thefts. With use of static application security offering features such as authentication, account management, user verification and many more, the data is protected while accessing harmful ecommerce websites as well as during online payments. With growing rate of cybercrimes and data privacy concerns, use of security tools by ecommerce market is driving the market growth for static application security testing systems.

With growing demand of application security from various organizations due to rising number of breaches, static application security testing market is contributing with major shares in the application security market. Static application security is highly demanded by organizations due to offering early stage identification of vulnerabilities, thus helping the developers to resolve the issues before the final release of application. High risk of breaches is reduced using static application security testing tools as it highlights the vulnerability location, promoting fast application development.

The major challenge for Static application security testing market is its inability to identify defects in third party interfaces. As static application security testing tool makes use of source code in order to detect vulnerabilities, it is difficult to identify the vulnerabilities outside the application source code such as in third party interfaces. Detection of defects in third party interfaces are majorly interrupted due to source code approach in static application security testing tools.

Partnerships and acquisitions along with product launches are the key strategies of the players in the Static Application Security Testing Market. The major key players in the Static Application Security Testing Market include White Hat Security, Synopsys, Veracode, IBM Corporation, Hewlett Packard Enterprise, Rapid7, Checkmarx, Contrast Security, RedHat, GrammaTech, Code Dx, HighTech Bridge, Adacore, Appknox and Parasoft.