Market by Security Testing Type, Offering, Application, Organization Size, End-user, and Country | Forecast 2022-2028
Triton’s report denotes that the application security market in Latin America is expected to advance at a CAGR of 14.13% during the anticipated period 2022-2028.
Report scope can be customized per your requirements. Request For CustomizationÂ
The countries scrutinized in this market include:
•       Brazil
•       Mexico
•       Rest of Latin America
Latin America comprises Brazil, Mexico, Argentina, Colombia, and other
nations. Lately, the region has witnessed several data breaches and
cyberattacks, leading to the leak of confidential information. The region now
observed high growth in cloud adoption due to the COVID-19 outbreak. Recently,
IBM announced that technology solution providers in the region had selected IBM
cloud to bring their solutions in operations. The company is deploying hybrid
cloud solutions to drive innovations with multiple solutions. This growth in
cloud services increases the adoption of security solutions, in turn driving
the application security market.
Further, as per Forbes, the number of electronic transactions surged by
almost 80% during the pandemic, resulting in accelerated use of e-commerce
compared to previous years. Other than this, some Mexican organizations
suffered a high level of cyberattacks compared to other nations. This has
further highlighted the need for advanced application security solutions to
safeguard critical information.
In Brazil, internet use has surged over the years, having the fifth
largest online population. In this regard, social media platforms have also
gained traction in the country, which has increased the adoption of security
solutions. The country’s major web traffic is generated via mobile phones,
increasing the use of mobile applications. This trend is anticipated to
proliferate in the upcoming years, creating massive opportunities for the players
in the application security market.
Veracode offers a cloud-based application security platform. Its
platform enables the users to secure web, mobile, and third-party applications
across the global infrastructure. The company also provides security testing
services, such as SQL injection, buffer overflows, and potential back-doors.
Besides, its solutions comprise secure development, compliance streamlining,
and web application security. Veracode has operations across major regions,
including Latin America.Â
1. LATIN
AMERICA APPLICATION SECURITY MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON APPLICATION SECURITY MARKET
2.2. KEY
INSIGHTS
2.2.1. INCREASED
BOTS AS SERVICE PROVIDERS CREATE DEMAND FOR SOPHISTICATED SECURITY SOLUTIONS
2.2.2. AI
INTEGRATION MAY CREATE A ROBUST SOLUTION OFFERING
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.7.3. NEW
PRODUCT LAUNCHES
2.7.4. MERGERS
& ACQUISITIONS
2.8. MARKET
DRIVERS
2.8.1. RISE
IN CYBER ATTACKS
2.8.2. GROWTH
IN THIRD-PARTY APPLICATIONS
2.9. MARKET
CHALLENGES
2.9.1. LACK
OF EXPERTISE IN APPLICATION SECURITY
2.9.2. BUDGET
CONSTRAINTS
2.10. MARKET
OPPORTUNITIES
2.10.1. FAVORABLE
GOVERNMENTAL REGULATIONS
2.10.2. RISE
IN CLOUD-BASED APPLICATION
3. LATIN
AMERICA APPLICATION SECURITY MARKET - BY SECURITY TESTING TYPE
3.1. STATIC
APPLICATION SECURITY TESTING
3.2. DYNAMIC
APPLICATION SECURITY TESTING
3.3. INTERACTIVE
APPLICATION SECURITY TESTING
3.4. RUNTIME
APPLICATION SELF PROTECTION
4. LATIN
AMERICA APPLICATION SECURITY MARKET – BY OFFERING
4.1. SERVICE
4.1.1. MANAGED
SERVICES
4.1.2. PROFESSIONAL
SERVICES
4.2. SOLUTION
4.2.1. CLOUD
4.2.2. ON-PREMISE
5. LATIN
AMERICA APPLICATION SECURITY MARKET - BY APPLICATION
5.1. WEB
APPLICATION SECURITY
5.2. MOBILE
APPLICATION SECURITY
6. LATIN
AMERICA APPLICATION SECURITY MARKET - BY ORGANIZATION SIZE
6.1. SMALL
AND MEDIUM ENTERPRISE
6.2. LARGE
ENTERPRISE
7. LATIN
AMERICA APPLICATION SECURITY MARKET - BY END-USER
7.1. HEALTHCARE
7.2. BFSI
7.3. EDUCATION
7.4. RETAIL
7.5. GOVERNMENT
7.6. OTHER
END-USERS
8. LATIN
AMERICA APPLICATION SECURITY MARKET – REGIONAL OUTLOOK
8.1. BRAZIL
8.2. MEXICO
8.3. REST
OF LATIN AMERICA
9. COMPETITIVE
LANDSCAPE
9.1. ACUNETIX
9.2. CHECKMARX
9.3. CONTRAST
SECURITY
9.4. DATA
THEOREM
9.5. HCL
TECHNOLOGIES
9.6. HEWLETT
PACKARD ENTERPRISE
9.7. IBM
CORPORATION
9.8. MICRO
FOCUS
9.9. NSFOCUS
9.10. PRADEO
9.11. QUALYS
INC
9.12. RAPID7
INC
9.13. SITELOCK
9.14. SYNOPSYS
9.15. TRUSTWAVE
9.16. VERACODE
9.17. WHITEHAT
SECURITY
10. RESEARCH
METHODOLOGY & SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
CONTRACTS & PARTNERSHIPS
TABLE 4: LIST OF
BUSINESS EXPANSIONS & DIVESTITURES
TABLE 5: LIST OF NEW
PRODUCT LAUNCHES
TABLE 6: LIST OF
MERGERS & ACQUISITIONS
TABLE 7: LATIN AMERICA
APPLICATION SECURITY MARKET, BY SECURITY TESTING TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
APPLICATION SECURITY MARKET, BY OFFERING, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA
APPLICATION SECURITY MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
APPLICATION SECURITY MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA
APPLICATION SECURITY MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA
APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 13: LATIN AMERICA
APPLICATION SECURITY MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 14: LATIN AMERICA
APPLICATION SECURITY MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY
COMPONENTS
FIGURE 3: LATIN AMERICA
APPLICATION SECURITY MARKET, BY SECURITY TESTING TYPE, 2021 & 2028 (IN %)
FIGURE 4: LATIN AMERICA
APPLICATION SECURITY MARKET, BY STATIC APPLICATION SECURITY TESTING, 2022-2028
(IN $ MILLION)
FIGURE 5: LATIN AMERICA
APPLICATION SECURITY MARKET, BY DYNAMIC APPLICATION SECURITY TESTING, 2022-2028
(IN $ MILLION)
FIGURE 6: LATIN AMERICA
APPLICATION SECURITY MARKET, BY INTERACTIVE APPLICATION SECURITY TESTING,
2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
APPLICATION SECURITY MARKET, BY RUNTIME APPLICATION SELF PROTECTION, 2022-2028
(IN $ MILLION)
FIGURE 8: LATIN AMERICA
APPLICATION SECURITY MARKET, BY OFFERING, 2021 & 2028 (IN %)
FIGURE 9: LATIN AMERICA
APPLICATION SECURITY MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA APPLICATION SECURITY MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 11: LATIN
AMERICA APPLICATION SECURITY MARKET, BY MANAGED SERVICES, 2022-2028 (IN $
MILLION)
FIGURE 12: LATIN
AMERICA APPLICATION SECURITY MARKET, BY PROFESSIONAL SERVICES, 2022-2028 (IN $
MILLION)
FIGURE 13: LATIN
AMERICA APPLICATION SECURITY MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN
AMERICA APPLICATION SECURITY MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 15: LATIN
AMERICA APPLICATION SECURITY MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN
AMERICA APPLICATION SECURITY MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)
FIGURE 17: LATIN
AMERICA APPLICATION SECURITY MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 18: LATIN
AMERICA APPLICATION SECURITY MARKET, BY WEB APPLICATION SECURITY, 2022-2028 (IN
$ MILLION)
FIGURE 19: LATIN
AMERICA APPLICATION SECURITY MARKET, BY MOBILE APPLICATION SECURITY, 2022-2028
(IN $ MILLION)
FIGURE 20: LATIN
AMERICA APPLICATION SECURITY MARKET, BY ORGANIZATION SIZE, 2021 & 2028 (IN
%)
FIGURE 21: LATIN
AMERICA APPLICATION SECURITY MARKET, BY SMALL AND MEDIUM ENTERPRISE, 2022-2028
(IN $ MILLION)
FIGURE 22: LATIN
AMERICA APPLICATION SECURITY MARKET, BY LARGE ENTERPRISE, 2022-2028 (IN $
MILLION)
FIGURE 23: LATIN
AMERICA APPLICATION SECURITY MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 24: LATIN
AMERICA APPLICATION SECURITY MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 25: LATIN
AMERICA APPLICATION SECURITY MARKET, BY BFSI, 2022-2028 (IN $ MILLION)
FIGURE 26: LATIN
AMERICA APPLICATION SECURITY MARKET, BY EDUCATION, 2022-2028 (IN $ MILLION)
FIGURE 27: LATIN
AMERICA APPLICATION SECURITY MARKET, BY RETAIL, 2022-2028 (IN $ MILLION)
FIGURE 28: LATIN
AMERICA APPLICATION SECURITY MARKET, BY GOVERNMENT, 2022-2028 (IN $ MILLION)
FIGURE 29: LATIN
AMERICA APPLICATION SECURITY MARKET, BY OTHER END-USERS, 2022-2028 (IN $
MILLION)
FIGURE 30: LATIN
AMERICA APPLICATION SECURITY MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 31: BRAZIL
APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: MEXICO
APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: REST OF
LATIN AMERICA APPLICATION SECURITY MARKET 2022-2028 (IN $ MILLION)