This IDC study presents the worldwide application protection and availability market forecast for the 2024-2029 period."Web applications and APIs are more important than ever for the digital business," said Christopher Rodriguez, research director, Application Protection and Fraud at IDC. "The protection of these applications is critical to business success and requires a fine-balanced security strategy that does not hinder the user experience in any way."
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Application Protection Extends to GenAI
The Path to Security Platforms Continues
Application Protection Plays a Role in Mitigating Online Fraud and Abuse
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Evolving Threat Vectors
GenAI Introduces Potential New Security Requirements
Third-Party Requirements
Inhibitors
Socioeconomic Uncertainty
Rapid Rate of Technological Change Drives Uncertainty