Runtime Application Self-Protection Market worth 1240.1 Million USD by 2022
The RASP market size is expected to grow from USD 294.7 Million in 2017 to USD 1,240.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3%. The growing adoption of technologically advanced solutions has introduced many security threats associated with enterprise applications. As there is a rise in sophisticated cyber threats for critical information theft, the RASP market is expected to gain traction over the next 5 years.
The RASP market size is expected to grow from USD 294.7 Million in 2017 to USD 1,240.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3%. The growing adoption of technologically advanced solutions has introduced many security threats associated with enterprise applications. As there is a rise in sophisticated cyber threats for critical information theft, the RASP market is expected to gain traction over the next 5 years.
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<strong>Runtime</strong> <strong>Application</strong> <strong>Self</strong>-<strong>Protection</strong> <strong>Market</strong> Worth 294.7 <strong>Million</strong><br />
<strong>USD</strong> <strong>by</strong> <strong>2022</strong><br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
Dec 01, 2017, 10:00 ET<br />
PUNE, India, December 1, 2017 /PRNewswire/ --<br />
According to a new research report "<strong>Runtime</strong> <strong>Application</strong> <strong>Self</strong>-<strong>Protection</strong> <strong>Market</strong> <strong>by</strong> Solution (Web <strong>Application</strong>s, Mobile <strong>Application</strong>s, Others<br />
(Packaged Software, Embedded Software, Hosted Software)), Service, Deployment Mode, Organization Size, Vertical, and Region - Global<br />
Forecast to <strong>2022</strong>", published <strong>by</strong> <strong>Market</strong>sand<strong>Market</strong>s, the market size is expected to grow from <strong>USD</strong> 294.7 <strong>Million</strong> in 2017 to <strong>USD</strong> 1,240.1 <strong>Million</strong><br />
<strong>by</strong> <strong>2022</strong>, at a Compound Annual Growth Rate (CAGR) of 33.3%.<br />
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Browse 71 <strong>Market</strong> Data Tables and 36 Figures spread through 132 Pages and in-depth TOC on "<strong>Runtime</strong> <strong>Application</strong> <strong>Self</strong>-<strong>Protection</strong> <strong>Market</strong>"<br />
https://www.marketsandmarkets.com/<strong>Market</strong>-Reports/runtime-application-self-protection-market-263297832.html<br />
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The growing adoption of technologically advanced solutions has introduced many security threats associated with enterprise applications. As<br />
there is a rise in sophisticated cyber threats for critical information theft, the RASP market is expected to gain traction over the next 5 years.<br />
Services segment is expected to play a key role in the RASP market<br />
The services segment is expected to play a key role in changing the RASP market landscape and grow at the highest CAGR during the forecast<br />
period. RASP solutions and services provide robust security to organizations' critical applications. Additionally, they help organizations to meet<br />
Payment Card Industry Data Security Standard (PCI DSS), Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley Act (SOX),
North American Electric Reliability Corporation Critical Infrastructure <strong>Protection</strong> (NERC CIP), Federal Information Security Management Act<br />
(FISMA), and other regulatory compliances.<br />
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Cloud-based deployment is expected to be the fastest-growing deployment mode<br />
In the RASP market, the cloud is expected to be the fastest-growing deployment mode, as it bene ts organizations with increased scalability,<br />
speed, 24/7 services, and enhanced management capabilities. Cloud-based RASP solutions are available according to the customer's demand,<br />
wherein customers can start or stop any service, at will.<br />
North America is expected to have the largest market size in the RASP market<br />
Due to the presence of a large number of RASP vendors, North America is expected to have the largest market size in the RASP market; whereas,<br />
Asia Paci c (APAC) is expected to be the fastest-growing region during the forecast period. Factors, such as growing need to protect critical<br />
applications and data in organization, non-involvement of security professional during SDLC, and stringent regulatory compliances, are driving<br />
the adoption of RASP solutions. Furthermore, the market in developing regions, such as the Middle East and Africa (MEA) and Latin America is<br />
expected to grow due to the increasing usage of mobility, cloud computing, expanding retail and banking sectors, and regulatory compliances.<br />
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Major vendors in the RASP market include Arxan Technologies, Inc. (US), Contrast Security, Inc. (US), Micro Focus International plc (UK), Signal<br />
Sciences Corporation (US), VASCO Data Security International, Inc. (US), Veracode, Inc. (US), IMMUN.IO Inc. (Canada), Pradeo Security Systems<br />
(France), Prevoty, Inc. (US), and Waratek Ltd. (Ireland). The market also includes various key innovators such as Promon (Norway), RunSafe Security<br />
(US), and GuardSquare NV (Belgium).<br />
Browse Related Reports<br />
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