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.