Runtime Application Self-Protection Security Market Growth, Price, Demand and Forecasts To 2020

Runtime Application Self-Protection Security Market Share and Size,
Emerging Trends, Analysis, Overview and Outlook, Growth And
Segment Forecasts 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 selfprotection 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 Technavio’ s 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 number of Internet
users was 3.02 billion in 2015 because of developments in technology, improved standards of education,
and demand for Internet connectivity among the young population.
Further, the report states that the high cost of deploying RASP security solutions is one of the major
challenges in the global RASP security market. The price of RASP security solutions includes the cost of
software licensing, system designing and customization, implementation, training, and maintenance.
After purchasing the software license, organizations have to recruit IT staff for proper implementation of
the software. Also, enterprises need to train their employees on how to use the application efficiently. A
RASP package also contains hidden costs such as costs involved in providing experience, knowledge, and
associated skill development to understand its functionality. The implementation of in-house RASP
security solutions requires in-house IT administration staff to manage and control the issues. This can
result in high implementation costs, which can pose a challenge to the organization to implement inhouse RASP security solutions and, in turn, inhibit the growth of the market.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About RASP
Runtime application self-protection (RASP) protects the network applications from within, as it is
integrated along with the application, both during production and during runtime. RASP transforms or
blocks malicious content, database queries, and token activity depending on the nature of the
implementation. The capabilities of RASP such as coverage, performance, integration, and real-time
alerting will depend on its deployment model.
Technavio’ s analysts forecast the global runtime application self-protection security to grow at a CAGR
of 43.94% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global runtime application selfprotection security for 2016-2020. To calculate the market size, the report considers the revenue
generated from the sales of RASP software, which are standalone and integrated RASP software.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Runtime Application Self-Protection Security 2016-2020, has been prepared
based on an in-depth market analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
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Market Reports Center
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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.

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