Application Security Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Application Security Market in 2025 is estimated at USD 12.51 billion. The global Market size was valued at around USD 10.97 billion in 2024 and is projected to grow at a CAGR of more than 17.5%, reaching USD 89.27 billion revenue by 2037. North America is poised to bring in USD 35.71 billion by 2037, driven by rising digital transformation and the growing prevalence of financially motivated attacks.
The major factor set to influence the growth of the market is the growing adoption of cloud. In 2022, about 60% of organization all around the world were using one or two clouds in their organization. However, application security is very crucial for the cloud. Since cloud environments offer shared resources, it is particularly important to make sure that users can only access the information in their cloud-based applications that they are authorized to view.
Additionally, since sensitive data is sent from the user to the application across the internet and back again, cloud-based applications are also more prone to security breaches. A public cloud security incident was experienced by about 26% of firms in the past year, an increase of approximately 9% from the year before, and about 79% of businesses had at least one cloud security event in that time frame across the globe according to a survey.
