The application security posture management (ASPM) market is evolving rapidly as software development complexities increase and cloud technologies become more prevalent.

Application Security Posture refers to an organization’s security state concerning its applications, specifically how well-protected they are against vulnerabilities and threats throughout their lifecycle. This includes identifying risks during development, ongoing monitoring, and mitigation during deployment. A strong application security posture helps prevent breaches, reduces risk exposure, and ensures rapid response to threats.

The 2024 Frost & Sullivan Report on Application Security Posture Management (ASPM) paints a vivid picture of a growing, dynamic market where organizations battle increasingly complex security risks. The top companies in this space are pushing the boundaries of innovation, but the report positions Checkmarx as a top ASPM contender, recognized for a strong market presence, comprehensive application security coverage, and channel partner ecosystem.

It also highlights excellence in innovation and growth, citing a 21.3% market share in 2024 as a result of Checkmarx’ long-standing leadership and global success in the ASPM market.