The Europe Mobile Application Security Testing Market would witness market growth of 26.6% CAGR during the forecast period (2023-2030).
The adoption of mobile application security testing is prominent in government agencies, where mobile apps play a role in citizen services and public communication. Educational institutions utilize mobile apps for learning platforms and administrative functions, demanding robust security measures. The broad spectrum of industries embracing MAST underscores its cross-cutting relevance in safeguarding applications that fuel modern functionalities.
In addition, the applications of MAST are multifaceted, aligning with the diverse categories of mobile apps that cater to distinct user needs. From social networking and entertainment apps to productivity tools and enterprise solutions, MAST addresses the security challenges inherent in each category. Gaming apps often involve extensive user interactions and transactions and benefit from MAST to prevent fraud and protect user data.
Enterprise mobile applications designed for internal organizational use require robust security to safeguard proprietary information and sensitive corporate data. Messaging and communication apps, which handle vast amounts of personal and confidential conversations, necessitate stringent security measures to protect user privacy. In essence, MAST provides a versatile security framework adaptable to the unique requirements of various mobile app types, ensuring a comprehensive approach to risk mitigation.
As per data from Eurostat, in 2019, roughly one in twenty employed individuals aged 20–64 in the EU (5.5%) worked remotely regularly. As a result of the COVID-19 pandemic, this proportion more than doubled to 12.3% in 2020 (+6.8 percentage points; pp). An incremental rise of 1.2 percentage points occurred in the proportion of individuals who routinely conducted their work from home in 2021, reaching 13.5%. Eastern and Midland regions in Ireland and Stockholm in Sweden experienced respective increases of +33.1 pp and +32.8 pp. Therefore, the rising work-from-home trends in Europe will increase demand for mobile application security testing in the region.
The Germany market dominated the Europe Mobile Application Security Testing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $341.4 million by 2030. The UK market is showcasing a CAGR of 25.4% during (2023 - 2030). Additionally, The France market would register a CAGR of 27.5% during (2023 - 2030).
Free Valuable Insights: The Global Mobile Application Security Testing Market will Hit USD 5.3 Billion by 2030, at a CAGR of 27%
Based on Offering, the market is segmented into Solution, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment, the market is segmented into Cloud, and On-premise. Based on OS Type, the market is segmented into Android, iOS, and Other OS. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Retail & E-commerce, Manufacturing, Healthcare & Life Science, Government & Defense, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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