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Security Testing Market Growth From $18.55 Billion In 2026 To $41.64 Billion By 2030 At A CAGR Of 22.4%
The security testing market has experienced significant expansion in recent years. This market is projected to grow from $15.09 billion in 2025 to $18.56 billion in 2026, achieving a compound annual growth rate (CAGR) of 23.0%. Historically, this expansion has been driven by increasing cyberattack incidents, expansion of digital applications and services, early adoption of vulnerability assessment tools, rising awareness of data breach risks, and growing regulatory scrutiny on data security.
The security testing market is projected to experience substantial expansion in the coming years. By 2030, this market is anticipated to reach $41.64 billion, exhibiting a compound annual growth rate (CAGR) of 22.4%. This anticipated growth during the forecast period is fueled by factors such as the greater embrace of cloud-native security testing, increased capital allocated to AI-driven testing solutions, the broadening scope of security testing for IoT and connected devices, a heightened need for real-time risk evaluation, and the enhanced embedding of security testing within software development lifecycles. Key trends expected during this period encompass the wider implementation of continuous security testing, a surging demand for automated penetration testing tools, an intensifying focus on verifying application security, the spread of DevSecOps testing methodologies, and a stronger emphasis on testing for regulatory adherence.
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Security Testing Market Growth Factors Supporting Long-Term Expansion
Globally, the escalation of cybercrime is anticipated to boost the expansion of the security testing market in the future. Cybercrime encompasses any illicit action employing a computer, a networked device, or a network. Security testing plays a crucial role in preventing cybercrimes by hindering hackers from acquiring and misusing confidential data, thereby safeguarding businesses from potential closure. For example, in March 2024, data from the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3), which is a US-based government agency serving as the primary channel for reporting cybercrime to the FBI, indicated a significant increase in ransomware incidents, climbing from 2,385 complaints in 2022 to 2,825 complaints in 2023, an 18% increase. Consequently, the global surge in cybercrimes is fostering the growth of the security testing market.
Security Testing Market Segment Analysis And Revenue Opportunities
The security testing market covered in this report is segmented –
1) By Type: Application Security Testing, Network Security Testing, Device Security Testing, Social Engineering
2) By Deployment Mode: On-Premises, Cloud
3) By Organization Size: SMEs, Large Enterprises
4) By Verticals: BFSI, Healthcare, IT, Telecom, Retail And E-Commerce, Education, Other Verticals
Subsegments:
1) By Application Security Testing: Static Application Security Testing (SAST), Dynamic Application Security Testing (DAST), Interactive Application Security Testing (IAST), Mobile Application Security Testing
2) By Network Security Testing: Vulnerability Assessment, Penetration Testing, Network Scanning
3) By Device Security Testing: IoT Device Security Testing, Hardware Security Testing, Endpoint Security Testing
4) By Social Engineering: Phishing Simulation, Awareness Training, Red Teaming Exercises
Security Testing Market Transformation Trends: Which Innovations Are Driving Change?
Major companies operating in the security testing market are focused on introducing advanced security testing solutions to maximize their profits in the market. Advanced security testing solutions refer to the use of advanced techniques and tools to identify vulnerabilities and security weaknesses in IT systems, applications, and cloud infrastructure. For instance, in July 2023, New Relic, a US-based software company, introduced New Relic Interactive Application Security Testing (IAST). In comparison to other security testing solutions, New Relic IAST offers advanced detection accuracy with almost no false positives, proof-of-exploit, continuous visibility and context into security findings, guided remediation to fix vulnerabilities before putting apps into production, and proof-of-exploit. By automating vulnerability validation using realistic attack simulation, New Relic’s proprietary deterministic technique allows security teams, DevOps, and engineers to concentrate on critical security threats and release code more quickly and confidently.
Security Testing Market Leading Players Shaping Industry Direction
Major companies operating in the security testing market are AT&T Inc.; Cigniti Technologies Limited; International Business Machines Corporation; McAfee Corp; Micro Focus; Rapid7; Cisco Systems Inc.; SecureWorks Inc.; F-Secure Corporation; Data Theorem Inc.; Hewlett Packard Enterprise Development LP; NTT Security AppSec Solutions Inc.; Synopsys Inc.; Veracode; Now Secure; Parasoft; ScienceSoft; WhiteHat Security; Kryptowire LLC; Accenture PLC; Aon PLC; AppSec Labs; Bishop Fox; Capgemini SE; Check Point Software Technologies Ltd.; Coalfire Systems Inc.; Cybercom Group AB; Deloitte Touche Tohmatsu Limited; Ernst & Young Global Limited; FireEye Inc.; Fortinet Inc.; HCL Technologies Limited; Infosys Limited
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Security Testing Market Leading Geography: Which Region Generates The Most Revenue?
North America was the largest region in the security testing market in 2025. Asia-Pacific is expected to be the fastest-growing region in the security testing market report forecast period. The regions covered in the security testing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.