The most exciting regarding the Runtime Application Self-Protection Market
It is now
clear that, the growing security concern due to non-involvement of security
professionals during the Software Development Life Cycle (SDLC) across the
globe is driving the Runtime Application Self-Protection (RASP) market.
The market is driven by the increased need of organizations
to protect the critical business applications. Similarly, the stringent
regulations, across the globe, are fueling the growth of the RASP market.
However, the limited security budget in the organizations is restraining the
growth of the market.
According to
Research and Markets, 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% during the forecast period.
North America is estimated to hold the largest
market share and dominate the global RASP market in 2017. The increasing
information security challenges due to growing complexities in web and mobile
applications, along with meeting strict compliance regulations are pushing
organizations in North America to adopt RASP solutions.
APAC offers growth
opportunities for the RASP market to grow, as countries in this region are
investing heavily in deploying RASP and compliance management solutions.
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