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The penetration testing market size is forecast to increase by USD 1.93 billion at a CAGR of 13.98% between 2023 and 2028. Penetration testing, a critical component of cybersecurity, continues to gain traction in the US market due to escalating cyber threats and data breaches. The adoption of cloud-based solutions and services is another significant growth factor, as organizations seek to secure their infrastructure and applications in the cloud. However, the increasing cost associated with penetration testing is a challenge for small and medium-sized businesses. CoreSecurity, a leading software provider, highlights the importance of integrating penetration testing into DevSecOps practices to ensure continuous security monitoring and improvement. In summary, the market is driven by the need to fortify cybersecurity, the trend toward cloud-based solutions, and the challenge of managing testing costs.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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