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Featured IntelligenceMarket Intelligence
5 min readJune 17, 2026

The State of Penetration Testing 2025 - 2026 Annual Report

Our inaugural Annual Report analyzing global market growth, the rise of PTaaS, severe vulnerability trends, and the worsening talent shortage. Essential reading for CISOs navigating regulatory mandates like DORA and NIS2.

Key Findings Preview

  • 1

    Market Growth: The global penetration testing market reached an estimated $2.74 billion in 2025 and is on a trajectory toward $6.8 billion by 2033, driven by regulatory mandates and continuous testing adoption.

  • 2

    Budget & PTaaS Surge: 87% of CISOs are maintaining or growing offensive security budgets in 2025 - 2026, while Penetration Testing as a Service (PTaaS) is growing at a 29.1% CAGR - more than double the overall market rate.

  • 3

    Regulatory Enforcement: Regulatory mandates have moved from advisory to mandatory: DORA is fully in force as of January 2025, NIS2 implementation is accelerating across the EU, and PCI DSS v4.0 expanded testing requirements became mandatory in March 2025.

By Lion Security Research TeamLion Security

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