North America Security Testing Market Size (2024 - 2029)

North America Security Testing Market Analysis

The North America Security Testing Market size is estimated at USD 3.33 billion in 2024, and is expected to reach USD 8.85 billion by 2029, growing at a CAGR of 21.58% during the forecast period (2024-2029).

North America is a highly regulated region globally with numerous regulations and compliances, such as the Federal Energy Regulatory Commission (FERC), HIPAA, PCI DSS, and SOX, across verticals. North American companies are quite advanced at deploying security, penetration testing, and vulnerability management solutions and have best practices for everyday business processes, thereby driving the adoption of penetration testing solutions.

• The North American region is a technology hub. Therefore, the federal government has made very stringent rules regarding security testing services. Moreover, it is compulsory for industries, such as BFSI, to adhere to compliance testing.
• The increasing need for safety from security threats is driving the growth of the security testing market. The combination of digital transformation initiatives, cloud computing, IoT, and regulatory requirements has created a demand for comprehensive security testing services to help organizations identify and address vulnerabilities in their systems, applications, and digital infrastructure.
• Government regulations play a significant role in driving the security testing market. Governments in North America have recognized the importance of cybersecurity and have introduced regulations and standards to ensure the protection of sensitive data, critical infrastructure, and citizen privacy.
• Organizations unaware of the benefits of security testing may be less likely to adopt such practices. They might need to pay more attention to the importance of proactive security measures and rely solely on reactive measures like incident response and recovery. This limited adoption of security testing can hinder the growth of the market.
• With the widespread COVID-19, the adoption of remote work, securing remote access to corporate networks and resources became a top priority. Organizations invested in security testing to assess the security of their remote access infrastructure, including virtual private networks (VPNs), remote desktop protocols, and other remote connectivity solutions. Security testing helped identify vulnerabilities in these systems and ensured that remote access was adequately protected.

North America Security Testing Industry Segmentation

Security testing is software testing that intends to uncover vulnerabilities in the system and determine that its data and resources are protected from intruders. Security testing of any system is about finding all the possible loopholes and weaknesses that may result in the organization's loss of information, revenue, and reputation at the hands of employees or outsiders.

North America Security Testing Market is Segmented by Deployment (On-premise, Cloud, Hybrid), Type (Network Security Testing (VPN Testing, Firewall Testing), Application Security Testing (Application Type (Mobile Application Security Testing, Web Application Security Testing, Cloud Application Security Testing, Enterprise Application Security Testing), Testing Type (SAST, DAST, IAST, RASP)), by Testing Tool (Web Application Testing Tool, Code Review Tool, Penetration Testing Tool, Software Testing Tool), by End-user Industry (Government, BFSI, Healthcare, Manufacturing, IT and Telecom, Retail), by Country (United States, Canada). The market sizes and forecasts are provided in terms of value in USD for all the above segments.