Runtime Application Self-Protection Market: Snapshot

The global market for runtime application self-protection is witnessing a tremendous surge in its size, thanks to the advent of cloud computing and the rising trend of virtualization. Apart from this, the augmenting requirement to secure critical applications and data in enterprises is also supporting the growth of this market substantially. In 2016, the market presented an opportunity worth US$0.25 bn. It is expected to rise exponentially at a CAGR of 32.40% over the period from 2017 to 2025 and reach US$3.13 bn by the end of 2025. The rising implementation of stringent regulatory policies pertaining to the protection of sensitive information is likely to boost the market considerably in the years to come.

runtime application self protection market

Demand for Runtime Application Self-protection Solutions to Remain High

Broadly, the global runtime application self-protection market is evaluated on the basis of the component, deployment, industry vertical, and the geography. Based on the component, the market is classified into solutions and services. Among the two, the solutions segment is leading the global market and is expected to remain doing so over the next few years. In terms of solutions, web applications and mobile applications are the main components used in runtime application self-protections. Among services, professional services and managed services are the most prominent sub-segments.

By deployment, the market is categorized into cloud and on-premise. Although the on-premise deployment segment has taken the lead, currently, but the emergence of cloud technology is expected to support the demand for cloud deployment of these solutions in the coming years. On the basis of industry verticals, the market is bifurcated into the BFSI, government and defense, IT and telecommunications, energy and utilities, manufacturing, healthcare, and the retail sectors.

North America to Continue Dominance

In terms of the Geography, the worldwide runtime application self-protection market is divided into North America, the Middle East and Africa, South America, Asia Pacific, and Europe. Among these, North America has occupied the leading position and is expected to remain on the top over the next few years. In the recent past, the region has faced several major attacks, including distributed denial-of-service (DDoS) attack and SQL injection, owing to which, the demand for runtime application self-protection solutions has been significantly high here.

Over the coming years, the increasing involvement of technology companies with RASP vendors in order to generate new customers and technology advancements in this domain and further providing full scale security to them is projected to support the growth of the North America runtime application self-protection market. Among other regional markets, Asia Pacific is likely to witness a high-paced growth in the near future, thanks to a large pool of mobile device users, especially residing in China and India, who are the most attack prone users targeted by hackers.

The global market for runtime application self-protection displays a highly competitive business landscape. Some of the leading vendors of runtime application self-protection solutions are Arxan Technologies Inc., Contrast Security Inc., Veracode, Micro Focus International plc, VASCO Data Security International Inc., Signal Sciences, IMMUNIO, Pradeo, Waratek, and Prevoty Inc.

Global Runtime Application Self-Protection Market: Overview

The market overview section of the report showcases the market dynamics and trends which includes drivers, restraints, opportunities that influence the current nature and future status of this market. It also provides an overview about the key market indicators given across the five geographical regions. Under the porter’s five forces analysis section, a brief analysis of the level of competition within the RASP industry is given and business strategy is provided in order to determine the competitive attractiveness and intensity of the RASP market. The report also includes key industry developments covering significant advances made by leading market players over the period of time.

The report provides analysis of the RASP market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. Data for 2015 has been included as historical information. The report covers all the major trends and technologies playing a major role in the RASP market growth over the forecast period. It highlights the drivers, restraints and opportunities expected to influence the market growth during this period.

Global Runtime Application Self-Protection Market: Research Methodology

The RASP market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company’s capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in the market.

The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market on a global scale. Furthermore, region wise prominent countries/regions covered in the report includes - the U.S, Canada, Germany, France,  the U.K., India, China, Japan, GCC, South Africa and Brazil.

Global Runtime Application Self-Protection Market: Competitive Landscape

The report provides competitive landscape of the RASP market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players for the year 2016. Arxan Technologies, Inc., Veracode, Contrast Security, Inc., Micro Focus International plc, Signal Sciences, VASCO Data Security International, Inc., Pradeo, IMMUNIO, Prevoty Inc., and Waratek are few of the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, and other such strategic information pertaining to these players has been duly provided as part of company profiling.

On the basis of component, the market has been divided into solution and services. Furthermore, the solutions segment is divided into web applications, mobile applications and others. The services sub segment is further divided into professional services and managed services. In terms of market share, in 2016, solutions was the highest revenue generating segment and services segment is expected to witness highest CAGR growth over the forecast period from 2017 to 2025. On the basis of deployment the global RASP market is sub segmented into on-premise and cloud. On-premise segment is expected to hold highest market share over the forecast period. By industry vertical the global RASP market is divided in to BFSI, IT and telecommunications, government and defense, energy and utilities, manufacturing, healthcare, retail and others.

The global runtime application self-protection market is segmented as below.

By Component

  • Solution
    • Web applications
    • Mobile applications
    • Others
  • Services
    • Professional Services
    • Managed Services

By Deployment

  • On-premises
  • Cloud

By Industry Vertical

  • BFSI
  • IT and Telecommunications
  • Government and Defense
  • Energy and Utilities
  • Manufacturing
  • Healthcare
  • Retail
  • Others

By Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • GCC
    • Rest of Middle East and Africa
  • South America
    • Brazil
    • Rest of South America