Application Security Market - Growth, Trends, COVID-19 Impact, and Forecasts (20Posted by Statzy Market Research on May 13th, 2021 Application security has become a necessity with an increasing number of companies looking to develop their own apps, in addition to purchasing a record number of applications and incorporating open source code into their applications, as the vulnerabilities and risks associated with these applications have also risen exponentially. - Globally, 10,000 tweets, 2,000 Skype phone calls, five hours of YouTube videos are uploaded and more than three million emails are sent daily, containing valuable insights to know the various trends, such as individual preferences and spending patterns to promote products that engender customer loyalty. - Therefore, protection of these supported applications has become vital and application security solutions are used for this purpose. For sample report please visit : https://www.statzyreports.com/report/sr498397/application-security-market - Retail and e-commerce organizations manage large volumes of sensitive data, including credit card information and personal data. This data is increasingly targeted by hackers and there is a rising need to protect it. - With many connected devices having made their way into the physical stores in the form of kiosks, point-of-sale (POS) systems, and handheld devices, the amount of customer information is increasing rapidly. - To ensure that a retailer’s network, data, application, and endpoints should remain secure (away from any malware and breaches), several software applications and services are evolving to deal with these threats. - According to the Cisco 2017 Annual Cyber security Report, nearly one out of three retailers have suffered huge revenue losses due to cyber attacks. - To cope with the cyber threats, retailers have started making huge investments in the threat intelligence to determine the impact of these security and data attacks, and then predict and disarm them. - The BFSI sector in the United States has more than one exabyte of stored data. This data has been generated from various sources, such as credit/debit card histories, customer bank visits, banking volumes, call logs, account transactions, and web interactions. - Due to the high availability of adequate infrastructure, the presence of numerous global financial institutions, increased adoption of IoT devices and internet users, the growth of threat intelligence solutions in the North American region is expected to rise. - Additionally, the proliferation of digital services and technological advancements coupled with the early adoption of the latest technologies in the banking sectors are supplementing the growth of the region. - March 2019 - Oracle developed new advanced customer support which will help it thrive in the cloud. The new support will increase the customers cloud performance and compliance. - October 2018 - Fortinet added FortiWeb, its web-based application solution’s virtual machines to support Oracle cloud in their latest release. Through this update, the company expanded its web application security solutions on leading cloud platforms with bring-your-own-license support. For sample report please visit : https://www.statzyreports.com/report/sr498397/application-security-market Like it? Share it!More by this author |