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Security testing market to grow to $6.9 billion by 2020

December 23, 2015

With the ubiquity of web and cloud-based software applications, not only are they essential tools to interconnect enterprises with their customers and prospects, but they are now also an ever-present target.

Threat actors continuously capitalize on software application security flaws to steal customer information, expose sensitive customer records and, ultimately, hurt a business’ reputation. In a recent competitive analysis, ABI Research investigates the importance of software security, anticipating the security testing market to develop to $6.9 billion by 2020, and why secure software development remains a challenge for most businesses today.

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