Definition of Dynamic Application Security Testing (DAST) 

Dynamic application security testing (DAST) is a form of black-box security testing that checks for security problems while an application is in use by simulating external threats. By checking for faults and flaws in the application's exposed interfaces, it seeks to enter the system from the outside. Finding runtime issues is one of the main advantages of dynamic application security testing (DAST). Moreover, a user can identify server setup and security problems and vulnerabilities that become apparent only once a known user signs in with the help of DAST.

Global Dynamic Application Security Testing (DAST) Market: Key Insights

Global Dynamic Application Security Testing (DAST) Market Highlights Over 2023 - 2035

The global dynamic application security testing (DAST) market is estimated to garner a revenue of ~USD 15 billion by the end of 2035 by growing at a CAGR of ~23% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 3 billion in the year 2022. This can be attributed to the growing prevalence of cyber threats. Furthermore, DAST tools use application fault injection techniques, such as injecting various malicious data, to find common security flaws. The global data breach cost to companies increased to USD 4.24 million per incident, on average, from USD 3.86 million.

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With the increasing incidence of data breaches across the globe, it has become essential to opt for web and mobile application security testing solutions to reduce the threat of attackers. Therefore, web and mobile applications can be tested with the help of three types of security tests such as DAST (Dynamic Application Security Testing), IAST (Interactive Application Security Testing), and SAST (Static Application Security Testing), to identify security flaws that can expose an application to attack. With the increasing government support for research and development, the automated version of security testing will be able to provide better services to customers through advanced features. For, instance, according to the National Science Board, the federal and non-federal government and other non-profit expenditures on research and development accounted for USD 85.6 billion in 2018.

Global Dynamic Application Security Testing (DAST) Market: Growth Drivers and Challenges

Growth Drivers

• Growth in the Information Technology Industry– With the growth in the information technology industry, more IT organizations are projected to adopt advanced levels of software and services. Hence, it is anticipated to drive the growth of the global dynamic application security testing market. As per the India Brand Equity Foundation, in India’s union budget 2022-2023 the amount allocated to the IT and Telecom sectors accounted for USD 11.58 billion

• Development of Digital Economy–There is a need for advancement in digital solutions owing to the increasing human error in detecting any vulnerability that can lead to any threat in the organization. Hence, it is expected to rise the growth of the global dynamic application security testing market. According to the U.S. Bureau of Economic Analysis, the United States digital economy accounts for 10.2 percent of the U.S. GDP or USD 2.1 trillion in 2020.

• Increasing Urbanization population- The shift of the population from rural to urban areas increases their standard of living, which is likely to enable better services at a better speed and lower cost. Hence, it is anticipated to drive the growth of the market. Nearly 57 percent of the total population in 2021 represents the urban population which has increased from 49 percent in 2005 as per the World Bank.

• The surge in Internet Users – A surge in internet users will increase the use of mobile and web-based applications, and it is projected to rise the growth of the global dynamic application security testing market. As per the World Bank, internet users grow to 60 percent of the total population in 2020 from 43 percent of the total population in 2016 across the globe.

• Rising Investment in Research and Development Across the Globe- According to the United Nations Educational Scientific and Cultural Organization, global spending on research and development has reached approximately USD 1.7 trillion. 

Challenges

• Nonavailability of Skilled Labor to Operate the Dynamic Application Security Testing - Depth knowledge is required to find the exact location of a fault in a code. Moreover, security knowledge is essential to interpret records after the testing. Therefore, it is expected to hamper the growth of the global dynamic application security market.

• Lack of Awareness About the Dynamic Application Security Testing Services Offered by the Industry

• High Investment Constraints 

The global dynamic application security testing market is segmented and analyzed for demand and supply by end users into retail & e-commerce, banking, and others. The banking segment is expected to hold the largest share of the market during the forecast period on the back of factors such as an increase in online banking, improved web technologies, and the adoption of cloud solutions for security purposes. Moreover, to illustrate, there are approximately 5.22 billion mobile users worldwide, and the total payment that has been made using mobile devices has reached nearly USD 503 billion in 2020.

Global Dynamic Application Security Testing (DAST) Market Regional Synopsis

The North American region market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. This can be attributed to factors such as the rise in the number of data breaches, the presence of dynamic application security testing service providers, and strict regulations formulated by the government to implement security practices. As per the Annual Data Breach Report 2021, published by the Identity Theft Resource Center, the total number of data compromises (1,862) is up more than 68 percent from 2020. Moreover, the new record number of data compromises is 23 percent over the previous all-time high (1,506) set in 2017. 

The market in the region of Asia Pacific is attributed to witnessing significant growth as the region is perceiving increased adoption of dynamic application security testing systems, the rapid growth of mobile and web applications, and a need to secure data from vulnerabilities. 

Market Segmentation

Our in-depth analysis of the global dynamic application security testing (DAST) market includes the following segments:

Key Companies Dominating the Global Dynamic Application Security Testing (DAST) Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global dynamic application security testing (DAST) market that are included in our report are Accenture PLC, IBM Corporation, Micro Focus, Veracoda, Inc., WhiteHat Security (Synopsys, Inc.), Trustwave Holdings, Inc., Tietoevry, Rapid7, Inc., Synopsys, Inc., PRADO SECURITY SYSTEMS, and others.

Global Dynamic Application Security Testing (DAST) Market: Latest Developments

• April 2022:  Synopsys, Inc., announced that it has signed a definitive agreement with NTT to acquire WhiteHat Security. The addition of WhiteHat Security will provide Synopsys with significant SaaS capabilities as well as market-leading dynamic application security testing (DAST) technology.

• December 2021:  Micro Focus LLC, announced that Amazon Web Services (AWS) has selected the company as a key partner for the new AWS Mainframe Modernization service.   

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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