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Penetration Testing as-a-Service Market Trends

Report ID: GMI11753
Published Date: Oct 2024
Report Format: PDF

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Penetration Testing as-a-Service Market Trends

As organizations transition to cloud environments, the demand for cloud-specific penetration testing services is rising. Pen testing providers are developing specialized methodologies and tools for cloud infrastructures, including multi-cloud networking, containerized applications, and serverless architectures. In March 2024, Pentera launched Pentera Cloud, expanding its automated security validation platform, which includes Pentera Core and Surface. Pentera Cloud is the first software to offer on-demand security testing and resilience assessments for corporate cloud accounts against cloud-native threats.

This addition enables security teams to reduce exposure to attacks across on-premises, external, and cloud environments. This trend is driven by unique security challenges such as misconfigurations, identity management issues, and API vulnerabilities. Service providers are investing in cloud certifications and expertise to simulate sophisticated attacks on cloud-native applications and infrastructure.

As organizations adopt DevSecOps practices, penetration testing services must integrate seamlessly into rapid development cycles. Traditional point-in-time assessments do not align with continuous integration and deployment pipelines. Service providers need to adapt by offering more frequent, automated testing while maintaining thoroughness. This requires significant investment in automation tools and APIs for integration, as well as rethinking service delivery models to provide continuous assessment capabilities without compromising security testing depth.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of penetration testing as-a-service reached USD 1.6 billion in 2023 and is set to grow at a 17.6% CAGR from 2024 to 2032, driven by escalating cyber threats and attack sophistication.

The network penetration testing segment accounted for over 25% of the market share in 2023 and is projected to exceed USD 1.5 billion by 2032, due to the integration of real-world adversary simulations based on current threat intelligence.

The cloud-based segment held around 65% of the market share in 2023, as organizations adopting DevOps and agile methodologies shift towards continuous penetration testing.

The U.S. market is anticipated to cross USD 2 billion by 2032, led by the transition from periodic to continuous penetration testing services.

The key players in the industry include Appsecure Security, Armor Defense Inc., ASTRA IT, Inc., HackerOne, IBM Corporation, Qualys, Inc., Rapid7, SecureWorks, Tenable, and Trustwave Holdings, Inc.