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Worldwide Penetration Testing Market to 2025 - Increased Adoption of Cloud-Based Penetration Testing Presents Opportunities - ResearchAndMarkets.com

The "Penetration Testing Market by Component (Solutions & Services), Application Area (Network Infrastructure, Web Application, Mobile Application, Cloud, & Social Engineering), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The industrial PC market was valued at USD 4.1 billion in 2019 and is projected to reach USD 5.7 billion by 2025, at a CAGR of 5.4% from 2020 to 2025.

Industrial PC market to exhibit significant growth during 2020-2025

The growth of this market is attributed to increasing demand for industrial IoT, a steady shift towards digitalized manufacturing from traditional manufacturing, growing awareness for resource optimization in manufacturing industries, and stringent regulatory compliances. However, factors such as high initial costs, and data privacy and security concerns are restraining the market growth.

DIN Rail IPC market to grow at highest CAGR during forecast period

DIN rail IPCs have a compact design with flexible display options and various I/O modules, thereby allowing a space-saving industrial controller in the control cabinet. These PCs are high-performing computing solutions, which are tailor-made depending on the complexity of the manufacturing control tasks. DIN rail IPCs are primarily used in the military, traffic and transportation, industrial, and medical sectors. The growing popularity of DIN rail IPCs can be attributed to the consistently growing demand for connected factory and enterprise networks from manufacturing enterprises, a rising belief of the process control engineers in the PC-based technology for controlling tasks in manufacturing plants, and increasing demand for efficient information flow across production facilities.

SSD industrial PC market to grow at highest CAGR during the forecast period

The solid-state drive (SDD) data storage medium is made from silicon microchips used in industrial PCs. One of the most significant attributes of SSD is that it is devoid of mechanical parts, which allows swift and smooth data transfer to and from the storage medium. Due to this, the data transfer occurs at a considerably higher speed, thereby enhancing the expectable lifespan of this storage medium. Moreover, this data storage medium generates less heat during its operation compared to the rotating data storage medium. In contrast to the spinning hard disk drives (HDDs) or magnetic oxide tapes that store data magnetically, SSD stores data electronically.

North America to be the largest market for industrial PC during the forecast period

North America is expected to lead the global industrial PC market from 2020 to 2025. The industrial manufacturers in North America focus on adopting advanced technologies to enhance their production processes and optimize output. In addition, discrete industries such as aerospace & defense and automotive, among others, are considered to be the fastest-growing end-use industries for industrial PCs. Moreover, several major players are increasing their investments in the industrial PC market in North America, thereby propelling the growth of the sector in this region.

Market Dynamics

Drivers

  • Significant Rise in Mobile-Based Business-Critical Applications
  • Increase in Implementation of Security Measures

Restraints

  • Security Breaches Due to Internal Vulnerabilities

Opportunities

  • Government Initiatives and Enterprises' Focus on Digitalization
  • Increased Adoption of Cloud-Based Penetration Testing

Challenges

  • Higher Costs of Penetration Testing
  • Lack of Skilled Security Analysts

Companies Profiled

  • Qualys
  • Rapid7
  • Fireeye
  • IBM
  • Micro Focus
  • Cigital (Synopses)
  • Secureworks (Dell)
  • Trustwave Holdings (Singtel)
  • Acunetix
  • Netsparker
  • Veracode (Broadcom)
  • Rhino Security Labs
  • Core Security (Helpsystems)
  • Immuniweb (High-Tech Bridge)
  • Checkmarx
  • Portswigger Web Security
  • Context Information Security LTD
  • Isecurion
  • Breachlock
  • Raxis

For more information about this report visit https://www.researchandmarkets.com/r/jgf4tl

View source version on businesswire.com: https://www.businesswire.com/news/home/20200326005476/en/

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