(MENAFN- Coherent Market Insights) Mobile Runtime Application Self-protection technology is a security application that helps you to block malicious applications on your mobile device. The technology basically works in such a way that whenever an infected application tries to gain access to your system, it will be blocked by your anti-malware application before it could ruin your system. It ensures that the system will be safe from malicious applications.
The penetration of cloud computing and virtualization is fueling the growth of the mobile runtime application self-protection market. This system helps to improve security accuracy by identifying and preventing attacks. With this application, the information remains protected. Self-protection application helps the organizations to meet strict regulatory requirements. Thus all these advantages offered by this application are propelling the growth of the mobile runtime application self-protection market. Moreover, the increasing launch of the innovative product by key players in the market is again expected to support the growth of the mobile runtime application self-protection market. For instance, in June 2019, Threat Stack announced the launch of New Unified Application Security Monitoring Solution. Threat Stack’s Application Security Monitoring enables cloud security observability across the full stack & full lifecycle in a single solution
North America is projected to gain significant growth over the forecast period and this is attributed to the increasing number of domestic and international players in the region. For instance, in December 2020, Dynatrace announced its entry into the cloud application security market with the addition of a new module to its industry-leading Software Intelligence Platform. Dynatrace® Application Security Module provides continuous runtime application self-protection (RASP) capabilities for applications.
Key Developments:
1. In February 2021, Check Point launched a cloud-native web application and API security product that eliminates the need for manually tuning web application firewalls (WAFs) and a high rate of false-positive alerts that they produce
2. In July 2018, Imperva Inc. announced that it has acquired runtime application self-protection security startup Prevoty Inc. for $140 million.
3. In February 2021, Datadog, Inc. the monitoring and security platform for cloud applications announced that it has entered into a definitive agreement to acquire Sqreen, a SaaS-based security platform that enables enterprises to detect, block and respond to application-level attacks.
4. In October 2018, Rapid7, Inc. powering SecOps through its visibility, analytics and automation cloud announced it acquired tCell.io, Inc., a provider of web application threat defense and monitoring.
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