GITNUX MARKETDATA REPORT 2024

Penetration Testing Industry Statistics

The penetration testing industry is expected to continue growing exponentially due to the increasing demand for cybersecurity services, with market size projected to reach USD 4.5 billion by 2025.

Statistic 1

"56% of organizations face a significant shortage of skilled penetration testers. -"

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Statistic 2

"65% of businesses prefer third-party vendors for penetration testing services. -"

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Statistic 3

"46% of penetration testing engagements focus on network security. -"

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Statistic 4

"45% of penetration tests now include assessments of cloud infrastructure. -"

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Statistic 5

"27% of penetration test findings involve insider threats. -"

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Statistic 6

"60% of penetration testers use some form of automated tools in their assessments. -"

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Statistic 7

"35% of organizations include mobile device assessments in their penetration tests. -"

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Statistic 8

"The average penetration testing engagement lasts between one to two weeks. -"

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Statistic 9

"The penetration testing market is expected to grow at a CAGR of 22.3% from 2020 to 2025. -"

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Statistic 10

"70% of companies conduct penetration tests to comply with regulatory requirements. -"

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Statistic 11

"30% of vulnerability assessments during penetration tests are automated. -"

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Statistic 12

"The financial sector spends the most on penetration testing, accounting for 27% of market revenue. -"

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Statistic 13

"72% of companies are now conducting penetration tests on cloud-based services. -"

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Statistic 14

"40% of companies conduct penetration tests at least once a quarter. -"

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Statistic 15

"Following penetration tests, 85% of identified vulnerabilities are remediated within three months. -"

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Statistic 16

"The global penetration testing market is projected to grow from $1.58 billion in 2020 to $4.62 billion by 2025. -"

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Statistic 17

"68% of companies using penetration testing detected data breaches more quickly. -"

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Statistic 18

"80% of penetration tests include assessments of web applications. -"

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Statistic 19

"55% of e-commerce businesses conduct annual penetration tests to protect customer data. -"

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Statistic 20

"Organizations that perform regular penetration tests reduce the cost of data breaches by an average of $1.1 million. -"

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