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Europe Security Testing Market Forecast 2021-2028

The Europe security testing market is set to project a CAGR of 22.74% during the forecast period, 2021-2028. There is an increasing need for enhanced compliance solutions in the region. The growing internet penetration has enabled the adoption of Firewall & VPN Testing in Europe. These factors, along with rising spending patterns of organizations on security forums, are estimated to propel the demand for security testing solutions.

The Europe security testing market growth evaluation entails the analysis of France, the United Kingdom, Italy, Poland, Belgium, Russia, Germany, and the rest of Europe. In Germany, SMEs are evaluated as most vulnerable to cyberattacks. They form the backbone of the German business, and hence, the manufacturing industries of the country are expected to integrate security testing solutions. In August 2018, the country announced the launch of a new cybersecurity research agency, in accordance with the country's plan to become a technologically independent country. The rising number of cyberattacks are compelling the organizations and government to upgrade their IT infrastructure through robust cybersecurity measures. Further, the federal government is also aiming to contribute to secure cyberspace, thereby promoting and maintaining social and economic prosperity in Germany.
Italy is considered to be the fourth-largest market for both telecommunications equipment and services and ICT in the European Union. The country is also one of the advanced mobile communications market in Europe. The number of mobile users and internet users has gone up in the country, thereby raising the risk of cyberattacks. This has further resulted in growing awareness, resulting in companies allocating their resources for security tools. Such factors are set to influence the growth of the market in Italy.

Some of the leading companies in the market include, Applause App Quality Inc, Core Security Technologies Inc, Hewlett-Packard Company, Accenture Plc, IBM Corporation, etc.

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Europe Security Testing Market Forecast 2021-2028
Published By :Inkwood Research
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