Penetration Testing Market Worth $4.05 Billion by 2029
Meticulous Research ® —a leading global market research company, published a report titled, ‘ Penetration Testing Market by Offering, Position, Type, Method (Black Box Testing, White Box Testing), Visibility (Covert Pen Testing, Automated Pen Testing), and End User (BFSI, Healthcare, Automotive, Others), and Geography - Global Forecast to 2029 .’ According to the latest publication from Meticulous Research ® , the global penetration testing market is expected to reach $4.05 billion by 2029, at a CAGR of 12.5% during the forecast period 2022–2029. The growth of this market is driven by a surge in the need to identify cybersecurity threats and risks across enterprise networks, adherence to regulatory compliance and laws for the implementation of penetration testing solutions and services, and the growing demand for web application firewalls. However, the high turnaround time and cost may restrain the implementation of penetration testing technologies. In a...