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Application Security Posture Management Market to Exceed $12.4 Billion by 2032 with 24.8% CAGR

The global Application Security Posture Management Market is experiencing rapid expansion as organizations increase investments in cloud-native security and DevSecOps automation. In 2023, the market was valued at $2.15 billion, rising from $1.73 billion in 2022, representing 24.3% year-over-year growth. The surge is largely driven by rising cyberattacks targeting applications, with global application-layer attacks increasing by 38% in 2023 according to cybersecurity monitoring reports.

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