Runtime Application Self-Protection Security Market Size, Share, Trends and Growth to 2020

Technavio Announces the Publication of its Research Report Global Runtime Application Self-Protection Security 2016-2020

Technavio recognizes the following companies as the key players in the global runtime application self-protection security: Cigital, HP, Veracode, and WhiteHat Security.

Other Prominent Vendors in the market are: Arxan Technology, Contrast Security, CyberGRC, IMMUNIO, Prevoty, Vasco, and Waratek.

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Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increased number of DDoS attacks. Hackers are increasingly focusing on attacking network layers rather than application layers. DoS is one of the oldest and most common techniques used to pilfer confidential data. Hackers use DoS to send unsolicited data to a user's web server and network resources to increase traffic. This automatically generates requests for access, blocking the server as well as accessibility to legitimate users. Hackers are now opting for DDoS techniques, an advanced version of DoS, to initiate a coordinated attack from multiple systems. The increased instances of DDoS attacks in the BFSI and government sectors are leading to an increased demand for RASP security solutions.”

According to the report, one of the major drivers for this market is the increased use of the Internet for day-to-day activities and critical operations. With the increasing penetration of the Internet, people tend to post personal information on the Internet. The use of the Internet worldwide increased exponentially during 2000-2014. The number of Internet users worldwide was 2.94 billion in 2014, which is more than six times the number of Internet users in 2000. Increased dependence on mobile devices such as laptops, cellphones, and tablets has increased the penetration of the Internet. The...