Latin America, Middle East & Africa Application Security Market By Components (Software, Services - Professional, Managed), Testing Types (Static, Dynamic, Interactive), Deployment (On-Demand, On-Premise), Verticals (Government & Defense, BFSI, Telecom & IT, Healthcare, Retail, Education)

Analysis of Market Size & Trends

The LAMEA Application Security Market Size is estimated to register a CAGR of 29.6% during the forecast period (2017-2023).

Application security is a process used to protect applications from external threats. Actions or measures to ensure application security are also referred to as countermeasures. Among the countermeasures, the most fundamental is the application firewall which limits the execution of files or data handling by different programs. Among the most common countermeasures on hardware level is to use a router which can prevent IP address from being visible over the World Wide Web. Various forms of countermeasures are prevalent such as conventional firewalls, encryptiondecryption programs, anti-virus programs, spyware detectionremoval programs and biometric authentication systems. The enhancement of an application can be ensured by following strict guidelines. Defining the assets of an enterprise helps in planning security to a significant level. Once assets are defined, it is easy to define the roles of an application and its limitations with respect to the assets, create security profiles for all the applications, identify and prioritize potential incidence and threats and accordingly document potential incidences and also record the actions taken in each case.

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Based on the component types, the Application Security market is segmented into Solution and Services. The Services market is segmented into Professional and Managed Services. Based on the Testing Types, the market is segmented into Static Application Security Testing, Dynamic Application Security Testing, and Interactive Application Security Testing. Based on Deployment Types, the market is segmented into On-Demand and On-Premise. The verticals covered under the report include BFSI, Government & Defense, Telecom & IT, Healthcare, Retail, Education, and Others. Based on Country, Application Security market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of Latin America, Middle East & Africa (LAMEA). Brazil remained the dominant Country in the Latin America, Middle East and Africa Application Security market in 2016. UAE and South Africa would witness promising CAGR during the forecast period (2017-2023). The report covers the analysis of key stake holders of the Application Security market.

Key companies profiled in the report include HP Enterprise Company, International Business Machines Corporation (IBM), Qualys, Inc., Rapid7, Inc., Synopsys, Inc., Whitehat Security, CA, Inc. (Veracode, Inc.), and Sitelock, LLC.

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