Global $1.24 Billion Runtime Application Self-Protection Market Forecast to 2022

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13 Dec, 2017, 11:00 GMT

DUBLIN, Dec. 13, 2017 /PRNewswire/ --

The "Runtime Application Self-Protection Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

It's expected the global runtime application self-protection market size will grow from USD 294.7 Million in 2017 to USD 1,240.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3% during the forecast period.

The constant pressure of managing sensitive applications and data of consumers, along with the need to manage stringent compliances, has led enterprises of all sizes to adopt runtime application self-protection solutions for protecting critical business applications. Moreover, cloud-based deployment is gaining high traction in the market, as it requires less capital investment, helps decrease the operational and maintenance costs, and reduces the management's efforts. Cloud runtime application self-protection solutions are available according to customer's demand, wherein a customer can start or stop any service, at will. Runtime application self-protection solutions help organizations protect their sensitive applications and comply with stringent regulations.

Runtime application self-protection solutions are available for web applications, mobile applications, and others (packaged software, embedded software, and hosted software). The runtime application self-protection for web applications is expected to dominate the runtime application self-protection market and is estimated to hold the largest market share in 2017. The runtime application self-protection for mobile applications is expected to play a key role in changing the market landscape and is projected to grow at the highest CAGR during the forecast period, as global organizations are highly proactive toward protecting their sensitive business applications.

The cloud deployment mode is expected to grow at a faster rate in the runtime application self-protection market, as it benefits organizations with increased scalability, speed, 24/7 services, and enhanced management capabilities. Small and Medium-sized Enterprises (SMEs) continue to opt for the cloud deployment mode, as it helps them avoid costs pertaining to hardware, software, storage, and technical staff.

Market Dynamics

Drivers

  • Growing Need to Protect Critical Applications and Data in Organizations
  • Non-Involvement of Security Professionals During Sdlc
  • Strict Regulatory Compliances to Protect the Sensitive Information

Restraints

  • Limited Security Budget
  • Each Application Can Be Protected Individually

Opportunities

  • Emergence of Cloud Computing and Virtualization
  • Growing Number of Mobile and Web Application Users Across the Globe
  • Integrating Runtime Application Self-Protection With Other Security Technologies

Challenges

  • Lack of Technical Expertise Among the Enterprise Workforce for the Development of Advanced Runtime Application Self-Protection Solutions

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Runtime Application Self-Protection Market Overview

6 Runtime Application Self-Protection Market, By Component

7 Runtime Application Self-Protection Market, By Solution

8 Runtime Application Self-Protection Market, By Service

9 Runtime Application Self-Protection Market, By Deployment Mode

10 Runtime Application Self-Protection Market, By Organization Size

11 Runtime Application Self-Protection Market, By Industry Vertical

12 Runtime Application Self-Protection Market, By Region

13 Competitive Landscape

14 Company Profiles

  • Arxan
  • Contrast Security
  • Guardsquare
  • Immunio
  • Micro Focus
  • Pradeo
  • Prevoty
  • Promon
  • Runsafe Security
  • Signal Sciences
  • Vasco
  • Veracode
  • Waratek

For more information about this report visit https://www.researchandmarkets.com/research/xtftnb/global_1_24?w=5

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