Global Security And Vulnerabilities Management Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Global Security And Vulnerabilities Management Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Security and vulnerabilities management is designed to prevent the exploitation of IT vulnerabilities proactively. This classifies the risk and severity of vulnerabilities present to the organisations. Global security and vulnerabilities management market size was valued at $7.44 billion in 2017 and is estimated to reach $16.99 billion by 2025 with the CAGR of 10.8% during 2019-2025. The factors that are driving the security and vulnerabilities management market growth are growing cyber-attacks, migration of enterprises to the cloud, increasing government regulations on data privacy and stringent industry standards & regulations. However, scarcity in knowledge on security, vulnerabilities management solutions, high upfront cost and concerns on data breaches & regulatory compliances are hindering the market growth. Evolution of future cybersecurity solutions, expansion of the market for web platforms & mobility devices and developing security solutions are the future drivers expected to enhance the market growth.

Research Study Objectives:

  • Define, estimate, and forecast the security and vulnerabilities management market statistics by type, organisation size, end users and regions concerning the individual growth drivers, market trends and their contribution toward the security and vulnerabilities management market growth.
  • Provides comprehensive information regarding the key factors influencing the market growth (drivers, restraints & challenges, and opportunities)
  • Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
  • Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the security and vulnerabilities management market analysis report.
  • Analysis and conclusions on the future security and vulnerabilities management market outlook.

Top-down and bottom-up approaches are used to validate the security and vulnerabilities management market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified

Global Security And Vulnerabilities Management Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The security and vulnerabilities management market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the security and vulnerabilities management market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The security and vulnerabilities management market segmentation is as follows:

By Type

  • Service
    • Consulting
    • Support
    • Integration
  • Solution
    • Security Information and Event Management
      • Log and Event Management
    • Firewall Security Management
    • Patch Management
    • Others
  • Policy and Compliance
    • Forensic and Incident Investigation
    • Device Vulnerability Assessment
    • Application Vulnerability Assessment

By Organisation Size

  • Small and Medium Enterprises
  • Large Enterprises

By End Users

  • Banking, Financial Service, Insurance (BFSI)
  • Government and Defense
  • Telecommunications and IT
  • Retail
  • Energy and Utilities
  • Healthcare
  • Others

Geographical Analysis:

Security and vulnerabilities management market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China,

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Global Security And Vulnerabilities Management Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customisation Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the security and vulnerabilities management market include:

  • Scope Revision
  • Geographic Analysis
  • Company Profiles
  • Historical Data & Forecasting
  • Key Contact Persons in companies

Global Security and vulnerabilities management Market Research Report

Includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
  • Regional and global diversity is analysed with the major countries and the unions. Scrutinising the revenue generation on Year-On-Year
  • Identifying DROC in the current market and their impact on altering market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the significant security and vulnerabilities management, such as
    • IBM Corporation
    • Dell Inc.
    • Hewlett-Packard Enterprise Company
    • Symantec Corporation
    • Microsoft Corporation

Along with these companies, many other companies are considered in the report while analysing the global security and vulnerabilities management market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.

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