As businesses continue to rely more heavily on web applications, protecting these applications from attacks becomes increasingly important.
One solution to this issue is Runtime Application Self-Protection (RASP), a security technology that allows for real-time application protection during runtime.
In this post, we will explore RASP statistics to gain insights into the benefits and challenges of implementing RASP in enterprise environments.
Key Runtime Application Self-Protection (RASP) Statistics 2023 – MY Choice
- 50% of work can be automated in today’s age.
- According to a report by MarketsandMarkets, the RASP market is expected to grow from $294.7 million in 2018 to $1,240.1 million by 2023, at a CAGR of 33.3% during the forecast period.
- A survey by Gartner states that by 2023, more than 50% of enterprise applications will include some form of RASP capability.
- In a report by ResearchAndMarkets, the global RASP market size is expected to reach $1.7 billion by 2025, growing at a CAGR of 32.6%.
- The RASP market is segmented into solutions and services. The solution segment is expected to hold a larger market size during the forecast period, as per a report by MarketsandMarkets.
- In a survey by Ponemon Institute, 59% of respondents believe that RASP can significantly improve the security of applications.
- A report by Frost & Sullivan suggests that the adoption of RASP in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.
- According to a report by MarketsandMarkets, the banking, financial services, and insurance (BFSI) vertical is expected to hold the largest market share during the forecast period.
- The RASP market is dominated by North America, followed by Europe and the Asia-Pacific region, as per a report by ResearchAndMarkets.
- A report by IDC suggests that the implementation of RASP can reduce the overall application security costs by up to 35%.
- In a survey by Cybersecurity Insiders, 72% of respondents believe that RASP can help to prevent attacks on their applications.
RASP Market and Adoption
- The global RASP market size was valued at USD 205.3 million in 2020 and is expected to reach USD 1.02 billion by 2028, with a CAGR of 21.1% over the forecast period.
- North America is expected to hold the largest RASP market share due to the presence of major RASP vendors in the region.
- The financial services and banking sector is the largest end-user of RASP solutions, followed by IT and telecom and government and defense.
- As of 2021, the adoption of RASP technology is relatively low, with only 5% of organizations currently using RASP.
- RASP can provide a more effective and efficient solution for protecting web applications compared to traditional security measures.
- RASP provides real-time application monitoring and protection, allowing for immediate response to potential attacks.
- RASP can reduce the risk of false positives, which can occur with traditional security measures and result in blocked legitimate traffic.
- With RASP, security measures are built directly into the application, reducing the need for separate security solutions and simplifying the overall security infrastructure.
- RASP can help to reduce the cost and complexity of managing security solutions, as it eliminates the need for manual configuration and maintenance.
- Implementing RASP can be complex and time-consuming, as it requires deep integration with the application and may require significant customization.
- RASP technology can sometimes impact application performance due to the additional overhead required for real-time monitoring and protection.
- RASP can sometimes generate false negatives, meaning it fails to detect an attack that is actually occurring.
- RASP can be expensive, with costs varying depending on the size and complexity of the application.
- RASP can provide more effective protection against certain types of attacks, such as injection attacks, compared to traditional security measures.
- RASP can detect and block attacks that traditional security measures may not be able to detect, such as attacks that exploit zero-day vulnerabilities.
- RASP can detect and block attacks that occur within the application, rather than just at the network level, providing a more comprehensive security solution.
- RASP can help to reduce the impact of attacks by limiting the damage that can be done before the attack is detected and stopped.
- RASP can be deployed on-premise or in the cloud, depending on the needs of the organization.
- Cloud-based RASP solutions are becoming increasingly popular due to their scalability and ease of deployment.
- RASP can be deployed on a variety of different applications, including web applications, mobile applications, and APIs.
- RASP can be deployed on both new and existing applications, although implementing RASP on existing applications can be more challenging.
- Some of the top RASP vendors include Hdiv Security, Contrast Security, and Waratek.
- Gartner has named Hdiv Security a “Cool Vendor” in the Application and Data Security category.
- Contrast Security has been named a “Leader” in the Gartner Magic Quadrant for Application Security Testing.
- RASP is a relatively new technology, which was first introduced in 2012 by the company Waratek.
- RASP works by embedding security mechanisms directly into the application, which allows it to detect and prevent attacks in real-time.
- RASP can protect against a wide range of attacks, including SQL injection, cross-site scripting, and buffer overflow attacks.
- RASP can be integrated into various programming languages, including Java, .NET, and Node.js.
- RASP can be deployed on-premise or in the cloud, depending on the organization’s requirements.
- RASP provides real-time protection against attacks, which can help to prevent data breaches and other security incidents.
- RASP can reduce the need for manual intervention in the application security process, which can save time and resources.
- RASP can help to improve the overall security posture of an organization by providing an additional layer of defense.
- RASP can provide detailed insights into application security threats and vulnerabilities, which can help to prioritize security efforts.
- RASP can help to comply with regulatory requirements related to application security.