Global Runtime Application Self-protection (RASP) Security Market to grow at a CAGR of 49.68% during the period 2018-2022.

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Global Runtime Application Self-protection (RASP) Security Market report covers the present scenario and the growth prospects of the global runtime application self-protection (RASP) security market for 2018-2022.

RASP is a security technology that enables real-time application protection by identifying and blocking any malicious attacks. The protection is embedded within the runtime environment of the application and intercepts all actions to determine if they are secure.

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The rise in mobile workforce has resulted in an increased risk of cyberattacks including fraud-related issues and misuse of critical corporate and business data over mobile devices. This drives the demand for deception technology solutions for authenticating individuals, which in turn, will boost the adoption of RASP security solutions.

The lack of resources to manage security issues and budget constraints makes it difficult for organizations to manage RASP security solutions. This is driving them to adopt cloud-based RASP solutions, which is according to our analysts, will be one of the key trends that will gain traction in the runtime application self-protection (RASP) security market during the next few years. These solutions offer round-the-clock system monitoring, are compatible with PCI DSS regulations, and are cost-effective. This will increase the adoption of cloud-based RASP solutions among organizations propelling the market’s growth prospects.

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Key vendors   
• Hewlett Packard Enterprise Development
• IBM
• Synopsys
• VERACODE
• WhiteHat Security

Market driver
• Implementation of the BYOD policy
• For a full, detailed list, view our report

Market challenge
• Emerging threats from open-source RASP security solutions
• For a full, detailed list, view our report

Market trend  
• Demand for cloud-based RASP security solutions
• For a full, detailed list, view our report

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