Runtime Application Self-Protection Market - Greater Growth Rate during forecast 2018 - 2027 | Coronavirus Effects

 Market Highlights

In its recently published research report, Market Research Future (MRFR) affirms that the global runtime application self-protection market 2020 is booming and projects to rise exponentially over the review period, recording a significant market valuation of 1.2 billion and a healthy 29% CAGR over the forecast period.

The rising need to prevent malicious malware attacks on a running application is surging the rate of adoption of runtime application self-protection (RASP) technology. This is expected to boost the growth of the global runtime application self-protection market. According to MRFR findings, the global runtime application market is expected to expand at a high CAGR during the forecast period. The technology analyses the behavior of applications and interprets the contexts. This aids in the identification of potential attacks and the technology offering effective resolutions for the same are attracting high prominence across different verticals. This is expected to support the growth of the runtime application self-protection market.

Drivers and Restraints

The industry is driven by growing enterprise- of cloud infrastructure technologies. Cloud computing has emerged as the organization's most transformative technology in the last decade, allowing organizations to digitize their business operations and processes. It reduces the need for capital investment on the IT infrastructure and helps companies reduce the IT infrastructure maintenance costs. In addition, cloud computing provides more versatility, business agility, and scalability for enterprises. This fuels the corporations 'adoption of cloud computing technologies, which in turn is increasing the demand for runtime application self-protection solutions over the review period.  

Also acting as a significant catalyst for the Runtime Application Self-Protection (RASP) market is the organic growth of the cloud and mobile device-based solution. In addition, the introduction of the RASP systems with other defense initiatives further speeds up business growth. Nevertheless, the organizations 'small protection budget is serving as a significant obstacle in business development. In fact, the lack of technological skills and lack of knowledge about advance cyber-attacks are two of the key industry growth obstacles.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1536

Segmentation:

The worldwide market of runtime application self-protection is assessed by deployment, component, vertical, and organization size. By component, the market is sectioned into services and solutions. The solution segment comprises mobile applications, web applications, and others. The services segment comprises managed services and professional services. By deployment, the market is sectioned into on-demand and on-premise. By organization size, the market is segmented large enterprises and small and medium enterprises. By vertical, the market is sectioned into IT and telecommunications, BFSI, healthcare, government, manufacturing, retail, and others.

Regional Analysis

The geographical overview of the global market has been analyzed in four major regions, including the Asia Pacific, North America, Europe, Latin America, the Middle East, and Africa. North America dominates the worldwide market for self-protection runtime applications. The information security risks to the countries of North America and substantial investment in keeping the secure network push the Runtime Technology Self-Protection market. In addition, strong economic growth in developed countries, along with strengthened regulatory changes and financial stability, is driving development in the Asia Pacific region through the runtime implementation of self-protection markets. Asia Pacific provides growth opportunities for the RASP industry to expand, as countries in this area invest heavily in the delivery of RASP solutions and compliance management. Increasing internet dependency has raised vulnerabilities and has created targets for hackers and attackers. Many small and medium-sized companies in the Asia Pacific region have invested in cybersecurity because of growing major security vulnerability concerns. It is anticipated that the rising number of cyberattacks on the network layer, that cloud, and smartphone device, and strict policy bylaws would further fuel business growth in the Asia-Pacific region. In Latin America, SMEs and large enterprises, fitting in a range of verticals, such as government and defense, BFSI, and IT and telecommunications, are estimated to augment their investments in runtime application self-protection solutions and services.

Competitive Landscape

The major market players operating in the global market as identified by MRFR are Veracode (U.S.), Wipro (India), Waratek (Ireland), Cigital, Inc. (U.S.), Optiv Inc (U.S), WhiteHat Security (U.S.), Hewlett-Packard (U.S.), VASCO Data Security International, Inc. (U.S Prevoty (U.S.), .), IMMUNIO (Canada), Promon AS (Norway) among others.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/runtime-application-self-protection-market-1536

Global Runtime Application Self-Protection Market Research Report: By Component (Solution, Service), Deployment (On-Premise, On-Demand), Organization Size (SME, Large Enterprise), Application (Government, Banking, Healthcare) – Forecast till 2022

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                    

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

IT Asset Management Software Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027 | Coronavirus Effects

  Market Highlights The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization. The IT asset management software market is estimated to reach a valuation of USD 3 Bn towards the end of 2023. The software has developed a significant role in devising growth strategies of enterprises which is likely to accelerate its adoption over the next couple of years. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management. Get a F...
Read more

Intelligent Railway Transport System Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

  Market Scenario: The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of Intelligent Railway Transport System Market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the...
Read more

Network Slicing Market Research Report- Forecast till 2026

  Market Highlights The global network slicing market is projected to reach USD 1,936.67 million by 2026, registering a CAGR of 51.48% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the network slicing market to offer a better glimpse into the coming years Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10624 Segmentation: The global network slicing market has been segmented based on component, end user, application, and region Based on component, the global network slicing market has been segmented into solution and services. The services segment is further sub-divided into professional and managed services. The solution segment is expected to account for a significant market share over the projected period. The increasing adoption of network slicing solutions in the market for delivering high-speed network coverage services across various end users contributes to the growth of...
Read more