In 2023, the global penetration testing market was valued at USD 2.20 billion and is projected to grow to USD 2.45 billion in 2024, reaching USD 6.35 billion by 2032, with a CAGR of 12.6% over the forecast period (2024-2032). Penetration testing, also known as pen testing, is a security method where cyber professionals attempt to find and exploit system vulnerabilities. This test often simulates various attacks to evaluate the system’s ability to withstand both legitimate and unauthorized access attempts, helping organizations gauge their security strength.
