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Penetration Testing Market size worth $ 7.79 Billion, Globally, by 2028 at 24% CAGR: Verified Market Research®

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The “Global Penetration Testing Market Size By Component, By Organization Size, By Deployment Mode, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Penetration Testing Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., July 21, 2023 /PRNewswire/ — The Global Penetration Testing Market is projected to grow at a CAGR of 24% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1.39 Billion in 2020 and is expected to reach USD 7.79 Billion by the end of the forecast period.
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Browse in-depth TOC on “Penetration Testing Market”
202 – Pages126 – Tables37 – Figures
Market for Penetration Testing: Increasing Interest in a Proactive Approach to Protecting IT Infrastructure
Organizations are placing a high priority on enhancing the security of their IT infrastructure, which is driving a considerable growth in the worldwide penetration testing market. The process of identifying and addressing vulnerabilities in operating systems, services, applications, configurations, and user behavior is facilitated by penetration testing, also known as pen testing. This kind of evaluation confirms compliance with strict security standards as well as the efficiency of defensive measures.
Market Outlook and Drivers:
Maintaining a high level of security is crucial in the data center business, where the penetration testing market is growing. When conducting security audits and assessments for organizations looking to protect their priceless assets, the significance of the market is highlighted. Data centers have a lot of potential as a result of the spike in data consumption brought on by high-speed internet connections, rising industrial automation, and ubiquitous mobile device use. The adoption of colocation data center installations is anticipated to be driven by the industrial sector, which generates a significant amount of data.
Organizations in all sectors depend more on data centers as they go through digital transformation. The industrial IoT is being widely used in manufacturing and process sectors to improve operational efficiency, which generates a ton of data that fuels the growth of the penetration testing market. As a result, it is estimated that the market will increase steadily during the anticipated period.
Key competitors and Market Analysis:
With several well-known competitors vying for market share, the penetration testing market has a varied landscape. IBM Corporation, Checkmarx, Veracode, Whitehat Security, Qualys, Inc., Cigital, Inc., Rapid7, Inc., Acunitix, Hewlett Packard Enterprise, Trustwave Holdings, Inc., and other prominent companies are key competitors in this market.
As can be seen from their financial statements, product benchmarking, and SWOT analysis, these main players continuously concentrate on enhancing their goods and services. They work to retain a solid market position and raise customer satisfaction by utilizing a variety of essential development techniques. Players are trying to lead the Penetration Testing Market, as shown by market ranking analysis of the competitive landscape.
Cloud Computing and Enhanced Security:
Because of its affordability, scalability, and flexibility, cloud computing has become a standard in the industry and is strongly related to the penetration testing market. Notably, major investments in cloud services have been made by businesses like Apple and Amazon. Strong security measures are required as a result of the paradigm shift toward the cloud, which has exposed systems to hacking threats.
A startling illustration of cloud vulnerability happened in the 2019 Capital One incident, in which 106 million credit card customers’ sensitive data was stolen. This emphasizes the vital part penetration testing plays in providing increased security on cloud computing platforms. The demand for penetration testing is expected to increase dramatically since the cloud computing sector is expected to experience tremendous growth.
Organizations looking to assess and improve the security of their IT infrastructure should continue to rely on the penetration testing market. The significance of penetration testing is highlighted by the increase in data center usage and the increasing importance of cloud computing to company operations. Market participants must prioritize thorough security measures while keeping up with emerging technologies. Given that organizations place a high priority on securing their systems against potential cyber threats, penetration testing is positioned to influence the market’s future course.
For more information, financial statements, product benchmarking, and SWOT analysis, on the Global Penetration Testing Market, please purchase Penetration Testing Market report at Verified Market Research.
Based on the research, Verified Market Research® has segmented the global Penetration Testing Market into Component, Deployment Mode, Organization Size, And Geography.
Penetration Testing Market, by ComponentServicesTesting SolutionsPenetration Testing Market, by Deployment ModeCloud-BasedOn-PremisePenetration Testing Market, by Organization SizeLarge CompaniesSmall and Medium BusinessesPenetration Testing Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
Test Data Management Market By Component (Software/Solutions and Services), By Deployment Mode (Cloud-based and On-Premises), By Enterprise Level (Large Enterprises and SMEs), By Application (Synthetic Test Data Generation, Data Masking), By End User (BFSI, IT & telecom, Retail & Agriculture), By Geography, And Forecast
Cloud Testing Market By Component (Testing Platform/Tools, Services), By Application (BFSI, IT and Telecom), By Geography, And Forecast
Crowdsourced Testing Market By Testing Type (Performance Testing, Functionality Testing), By Platform (Web Application, Mobile Application), By Organization Size (Small And Medium-sized Enterprises, Large Enterprises), By Deployment Mode (Cloud, On-premises), By Industry Verticals (Retail, BFSI), By Geography, And Forecast
Security Testing Market By Tools (Automated Testing Tools, Penetration Testing Tools, Web Testing Tools), By Organization Size (Large Companies and Small and Medium Businesses), By Type (Application Security Testing, Network Security Testing, Device Security Testing), By Deployment Model (Cloud-Based and On-Premise), By Vertical (Government, IT and Telecom, Banking, Financial Services), By Geography, And Forecast
Top 5 Cloud Managed Services using internet to deliver applications
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Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
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Artificial Intelligence

HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:
One Map for Intelligent O&M: Zero Management ConcernsHuawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.
One Network for Diverse Computing: Zero Service InterruptionsThe Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.
One Platform for Simplified Deployment: Zero Configuration ErrorsBy employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.
Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.
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Artificial Intelligence

Huawei Launches All-New Xinghe Intelligent Campus with Full Upgrades, Maximizing Enterprises’ Intelligent Productivity

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, the Xinghe Intelligent Campus session was successfully held, attracting more than 200 industry pioneers, experts, and scholars from around the world to explore campus network trends and technological innovations. Also at the event, Huawei unveiled its all-new Xinghe Intelligent Campus Solution that stands out for full upgrades to wireless, application, and operations & maintenance (O&M) experience.

Shawn Zhao, President of the Campus Network Domain, Huawei’s Data Communication Product Line, said, “As video conferencing, AI terminals, and AI applications become more widespread, the campus network access density has increased threefold, and the demand for bandwidth has grown tenfold. In this case, users place new requirements on the assurance for AI applications and audio/video services while expecting more intelligent O&M.”
To meet these needs, Huawei launched its all-new Xinghe Intelligent Campus Solution with full upgrades. Specifically, this solution upgrades wireless experience in performance, roaming, and IoT convergence. It also leverages X-Scheduler (an experience scheduling engine) to upgrade application experience, while drawing on AI-assisted decision-making and a tidal prediction algorithm to upgrade O&M experience. These help customers build an industry-leading digital infrastructure and facilitate the digital and intelligent transformation of enterprises.
In addition, the solution provides end-to-end security assurance. On the wireless side, the innovative Wi-Fi Shield technology radically prevents packet eavesdropping on the air interface. On the wired side, the full-link MACsec capabilities from switches to APs ensure secure campus network data transmission since the very beginning.
Also at the session, leading analyst firms, customers, and partners in various industries shared their unique insights, best practices, and successful cases. Key speakers include Sian Morgan, Research Director of Dell’Oro Group; Dr. Haitham S. Hamsa, Professor of Information Technology, Cairo University; Shang Qun, Assistant to the Director of the Computing Center, Peking University; Sun Pan, Director of Infrastructure Operations Dept, System Digitalization Dept, FAW Group; Connee Zhang, CEO of CypressTel. Their valuable practices will provide a unique reference for the digital and intelligent transformation of enterprises across industries.
Looking ahead, Huawei believes that the Xinghe Intelligent Campus Solution will become the preferred choice for global enterprises’ digital and intelligent transformation to reap more benefits.
For more information about Huawei’s Xinghe Intelligent Campus Solution, visit https://e.huawei.com/en/solutions/enterprise-network/campus-network.
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Artificial Intelligence

Huawei Launches Over 20 All-New Xinghe Intelligent Network Offerings to Amplify Industrial Intelligence

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September 21, 2024

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Leon Wang, President of Huawei’s Data Communication Product Line, announced more than 20 all-new Xinghe Intelligent Network offerings globally at the summit themed “Xinghe Intelligent Network, Amplify Industrial Intelligence”. These purpose-built offerings contribute to an AI network ecosystem and help customers seize opportunities for intelligent development and maximize intelligent productivity.

With the development of AI technologies, the world is advancing from digital transformation to intelligent transformation. All industries are quickly adopting AI technologies to create new use cases, for example, self-driving cars, intelligent diagnosis and treatment, and intelligent train inspection. All of these are significantly improving the efficiency and experience of our work and daily lives.
The advent of the intelligent era is driving networks into intelligent ones. Huawei has been making joint efforts with partners to lead research and practices of intelligent networks. That’s why Huawei constantly upgrades its Xinghe Intelligent Network offerings to help customers grasp opportunities for intelligent development, build new intelligent network infrastructure, and maximize intelligent productivity in the intelligent era. Key highlights include the following:
Xinghe Intelligent Campus focuses on AI-enabled, experience-centric campus network construction, ensuring zero freezing for audio and video applications, zero degradation on services, and zero waiting for interactions.Xinghe Intelligent WAN introduces a wide range of intelligent technologies to intelligently schedule millions of flows and precisely optimize service experience.Xinghe Intelligent Fabric adopts the AI Turbo engine to improve network throughput, enhancing foundation model training efficiency.Xinghe Intelligent Network Security integrates AI technologies into network security detection, accurately and rapidly identifying threats.To support network solutions in various scenarios, Huawei released more than 20 featured offerings globally. Examples include the industry’s first 100 Tbps fixed-form Ethernet data center switch, the industry’s first 51.2 Tbps liquid-cooled fixed-form data center switch, the industry’s first AI router, high-quality 10 Gbps campus switches and Wi-Fi 7 APs, Intelligent SASE Branch Security Solution, and the industry’s first IP Autonomous Driving Network Solution. All these offerings are designed to help customers with greater business returns.
As the intelligent era calls for intelligent networks, Huawei will continue to drive the development of intelligent networks and upgrade its Xinghe Intelligent Network products and solutions, ultimately helping global customers to stride towards the intelligent era and reap more benefits.
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