Runtime Application Self-Protection Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Component

Runtime Application Self-Protection Market size was valued at US$ 505.12 Mn. in 2020 and the total revenue is expected to grow at 31.98 % through 2021 to 2027, Runtime Application Self-Protection Market is reaching nearly US$ 3522.64 Mn. by 2027.

Runtime Application Self-Protection Market Overview and Dynamics:

Runtime application self-protection (RASP) is a security technology that helps an application in protecting itself by blocking attacks in real-time. RASP protects and monitors applications against an ever-expanding range of threats, like cross-site scripting (XSS), SQL/command injections, account takeovers, data exfiltration, security bots/scanners, and more. Organizations use RASP tools to add a level of self-protection to applications as well as other application security technologies like web application firewalls. These tools perform a definite security task, nonetheless often work in tandem with other security and application monitoring technologies. RASP is the term used to define the variety of defensive actions and detection methods an app can serve to prevent code reverse-engineering, tampering, and other attacks. Runtime Application Self-Protection Market To know about the Research Methodology:- Request Free Sample Report The scope of the MMR report includes a detailed study of global and regional markets for the Runtime Application Self-Protection Market with the reasons given for variations in the growth of the industry in certain regions. In this report of MMR, 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.

Demand For Integrated Security Suites to Remain High:

The growing demand for integrated security suites is one of the major trends of the global runtime application self-protection market. Subsequently opting for different security suites may lead to integration problems, users prefer integrated security suites. Furthermore, the rising complexity of network infrastructure has made integration a significant purchase criterion, resultant in the high adoption of integrated security suites. This high demand for integrated suites upsurges the need for RASP security along with it enables real-time application protection by blocking malicious attacks.

Implementation of Bring-Your-Own-Device (BYOD) Policy:

The implementation of BYOD policy reduces the operational costs of the companies. BYOD policy allows the use of personal devices like laptops, tablets and smartphones for business purposes. This upsurges the productivity of employees and aids them manage their travel time. Furthermore, mobile apps which are extensively in these factors have led to a rise in the demand for deception technology solutions for example RASP security and other. Henceforth implementation of BYOD policy is one of the major drivers of the RASP security market globally. Runtime Application Self-Protection Market 1

Limiting factor of the Runtime Application Self-Protection:

Limited budget in companies to deploy cutting-edge security solutions is becoming a major restraint for the growth of the RASP market globally. The R&D expenses to develop advanced runtime application self-protection solutions are very high, which leads to a high value of the security solutions. However, for various enterprises, with SMEs, these investment costs are a matter of concern. Also, for strong and advanced security, the cost of innovation is still high, and various organizations view budgetary restraints as a barrier to growth in the runtime application self-protection market globally.

Runtime Application Self-Protection Market Segmentation:

The MMR report covers all segments in the runtime application self-protection market such as Component, Solution, services, Organization size, Deployment Mode, and Vertical. The cloud segment held the largest market share of nearly 56.2% in the year 2020. By Deployment Mode, the cloud segment accounts for a market share of nearly 56.2 % in 2020, this growth is driven by its providing operational flexibility and real-time deployment ease to the operation than on-premises deployment model. Cloud segment also provides numerous benefits, including a simple deployment process, reduced operational costs, and higher scalability in terms of connected resources. Small and Medium-sized Enterprises continue to choose cloud deployment models, as it helps them avoid costs relating to software, hardware, technical staff, and storage. Cloud computing technology is gaining traction throughout the COVID-19 pandemic. Organizations are focused on reducing operational costs because of revenue losses caused by the coronavirus. Cloud-based deployment losses maintenance and operational costs desire low capital investment and reduce the management’s efforts. SMEs is expected to grow at the largest CAGR of 35.8% during the forecast period. Based on Organization Size, the Small and Medium-sized Enterprises (SMEs) segment held the largest market share of XX% in 2020 and is projected to grow at the highest CAGR of 35.8% to reach US$ XX Mn. by 2027. Infrastructure and Technological vendors have started recognizing the importance of inventive technologies, like big data, social, cloud, mobile, and sensors, and have been investing heavily in RASP adoption. Many SMEs and large enterprises have been spending on cybersecurity, owing to the increasing issues of security breaches. Runtime Application Self-Protection Market 2 North America is the global leader in the RASP market. In 2020, it accounted for around 34% of the market share. The cybersecurity threats to the North American economies and heavy asset in making the application safe is driving the North America runtime application self-protection market. Rapid economic growth in emerging countries like the US, along with improved economic stability and regulatory reforms is driving the North America RASP market. Numerous companies have been raising funds for the developments in RASP. Such as, in 2019, Greylock led a US$14 Mn. investment in application security startup Sqreen. Likewise, Hdiv Security secured a US$1Mn. asset led by Adara Ventures. In Latin America, large enterprises as well as SMEs, belonging to a range of verticals, like government and defense; Banking, Financial Services, and Insurance (BFSI); and IT and telecommunications, are expected to upsurge their investments in RASP solutions and services. The objective of the report is to present a comprehensive analysis of the Global Runtime Application Self-Protection Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Runtime Application Self-Protection Market dynamics, structure by analyzing the market segments and projects the global Runtime Application Self-Protection Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Runtime Application Self-Protection Market make the report investor’s guide.

Runtime Application Self-Protection Market Scope: Inquire before buying

Global Runtime Application Self-Protection Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 505.12 Mn.
Forecast Period 2021 to 2027 CAGR: 31.98 % Market Size in 2027: US $ 3522.64 Mn.
Segments Covered: by Component • Solutions • Services
by Solution • Web applications • Mobile applications • Others
by Services • Professional services • Managed services
by Organization Size • Small and Medium-Sized Enterprises • Large Enterprises
by Deployment Mode • On-premise • Cloud
by Vertical • Banking, Financial Services, and Insurance (BFSI) • IT and telecommunications • Government and defense • Energy and utilities • Manufacturing • Healthcare • Retail • Others

Runtime Application Self-Protection Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Runtime Application Self-Protection Market Key Players

• Arxan • Micro Focus • Veracode • Runsafe Security • Contrast Security • Vasco • Immunio • Prevoty • Promon • Waratek • Pradeo • Signal Sciences • Guardsquare • Sqreen • Validian • OneSpan

Frequently Asked Questions:

1) What was the market size of Global Runtime Application Self-Protection Market in 2020? Ans - Global Global Runtime Application Self-Protection Market was worth US$ 505.12 Mn. in 2020. 2) What is the market segment of the Runtime Application Self-Protection Market? Ans -The market segments are based on Component, Solution, services, Organization size, Deployment Mode, and Vertical. 3) What is the forecast period considered for Global Runtime Application Self-Protection Market? Ans -The forecast period for Global Runtime Application Self-Protection Market is 2021 to 2027. 4) What is the market size of Global Runtime Application Self-Protection Market markets in 2027? Ans – Global Runtime Application Self-Protection Market is estimated as worth US$ 3522.64 Mn. 5) Which region is dominated in Global Runtime Application Self-Protection Market? Ans -In 2020, the North America region dominated the Global Runtime Application Self-Protection Market.
1. Global Runtime Application Self-Protection Market: Research Methodology 2. Global Runtime Application Self-Protection Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Runtime Application Self-Protection Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Runtime Application Self-Protection Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Runtime Application Self-Protection Market Segmentation 4.1 Global Runtime Application Self-Protection Market, By Solution (2020-2027) • Web applications • Mobile applications • Others 4.2 Global Runtime Application Self-Protection Market, By Service (2020-2027) • Professional services • Managed services 4.3 Global Runtime Application Self-Protection Market, By Component (2020-2027) • Solutions • Services 4.4 Global Runtime Application Self-Protection Market, By Organization size (2020-2027) • Small and Medium Businesses (SMEs) • Large Enterprises 4.5 Global Runtime Application Self-Protection Market, By Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • IT and telecommunications • Government and defense • Energy and utilities • Manufacturing • Healthcare • Retail • Others 4.6 Global Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) • On-premises • Cloud 5. North America Runtime Application Self-Protection Market (2020-2027) 5.1 North America Runtime Application Self-Protection Market, By Solution (2020-2027) • Web applications • Mobile applications • Others 5.2 North America Runtime Application Self-Protection Market, By Service (2020-2027) • Professional services • Managed services 5.3 North America Runtime Application Self-Protection Market, By Component (2020-2027) • Solutions • Services 5.4 North America Runtime Application Self-Protection Market, By Organization size (2020-2027) • Small and Medium Businesses (SMEs) • Large Enterprises 5.5 North America Runtime Application Self-Protection Market, By Vertical (2020-2027) • Banking, Financial Services, and Insurance (BFSI) • IT and telecommunications • Government and defense • Energy and utilities • Manufacturing • Healthcare • Retail • Others 5.6 North America Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) • On-premises • Cloud 5.7 North America Runtime Application Self-Protection Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Runtime Application Self-Protection Market (2020-2027) 6.1. Asia Pacific Runtime Application Self-Protection Market, By Solution (2020-2027) 6.2. Asia Pacific Runtime Application Self-Protection Market, By Service (2020-2027) 6.3. Asia Pacific Runtime Application Self-Protection Market, By Component (2020-2027) 6.4. Asia Pacific Runtime Application Self-Protection Market, By Organization size (2020-2027) 6.5. Asia Pacific Runtime Application Self-Protection Market, By Vertical (2020-2027) 6.6 Asia Pacific Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) 6.7 Asia Pacific Runtime Application Self-Protection Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Runtime Application Self-Protection Market (2020-2027) 7.1 Middle East and Africa Runtime Application Self-Protection Market, By Solution (2020-2027) 7.2. Middle East and Africa Runtime Application Self-Protection Market, By Service (2020-2027) 7.3. Middle East and Africa Runtime Application Self-Protection Market, By Component (2020-2027) 7.4. Middle East and Africa Runtime Application Self-Protection Market, By Organization size (2020-2027) 7.5. Middle East and Africa Runtime Application Self-Protection Market, By Vertical (2020-2027) 7.6 Middle East and Africa Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) 7.7. Middle East and Africa Runtime Application Self-Protection Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Runtime Application Self-Protection Market (2020-2027) 8.1. Latin America Runtime Application Self-Protection Market, By Solution (2020-2027) 8.2. Latin America Runtime Application Self-Protection Market, By Service (2020-2027) 8.3. Latin America Runtime Application Self-Protection Market, By Component (2020-2027) 8.4. Latin America Runtime Application Self-Protection Market, By Organization size (2020-2027) 8.5. Latin America Runtime Application Self-Protection Market, By Vertical (2020-2027) 8.6 Latin America Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) 8.7. Latin America Runtime Application Self-Protection Market, by Country (2020-2027) • Brazil • Argentina • Rest of Latin America 9. European Runtime Application Self-Protection Market (2020-2027) 9.1. European Runtime Application Self-Protection Market, By Solution (2020-2027) 9.2. European Runtime Application Self-Protection Market, By Service (2020-2027) 9.3. European Runtime Application Self-Protection Market, By Component (2020-2027) 9.4. European Runtime Application Self-Protection Market, By Organization size (2020-2027) 9.5. European Runtime Application Self-Protection Market, By Vertical (2020-2027) 9.6 European Runtime Application Self-Protection Market, By Deployment Mode (2020-2027) 9.7. European Runtime Application Self-Protection Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe 10. Company Profile: Key players 10.1. Arxan 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Micro Focus 10.3 Veracode 10.4 Runsafe Security 10.5 Contrast Security 10.6 Vasco 10.7 Immunio 10.8 Prevoty 10.9 Promon 10.10 Waratek 10.11 Pradeo 10.12 Signal Sciences 10.13 Guardsquare 10.14 Sqreen 10.15 Validian 10.16 OneSpan

About This Report

Report ID882
Category Information Technology & Telecommunication
Published DateJuly 2019
Updated DateJan 2022
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