9.1.1.3Vertical

Dynamic Application Testing (DAST)

Tools testing live applications for exploitable security weaknesses.

Market snapshot

These figures describe Application Security (AppSec) (9.1.1), the segment that Dynamic Application Testing (DAST) sits within — not Dynamic Application Testing (DAST) on its own.

FragmentationConsolidatingEstimate

Application security is a cybersecurity sub-category within software publishing (NAICS 513210) and is not separately disclosed by the Census Bureau, so the segment is not separately sized here.

Business model & economics

Revenue model

AppSec SaaS subscriptions (developer/seat-based)

Key economics

Recurring revenue
High

recurring developer subscriptions

EBITDA margin
Strong

SaaS economics

Capex intensity
Low

Characteristics

  • SAST/DAST/SCA and shift-left DevSecOps.
  • Open-source and supply-chain risk drive demand.
  • AI-generated-code security an emerging frontier.

M&A deal context

Deal activityHigh

Who’s acquiring

  • AppSec & DevSecOps vendors
  • Platform & developer-tool strategics
  • VC- and PE-backed vendors

What’s driving deals

  • Software supply-chain security demand.
  • DevSecOps and developer-platform consolidation.
  • AI-code-security frontier.

Find Dynamic Application Testing (DAST) acquisition targets

Search Acquisera’s index for companies classified under Dynamic Application Testing (DAST) (9.1.1.3) and build a targeted deal pipeline.

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