Home > Media & Technology > Security and Surveillance > IT Security > Security and Vulnerability Management Market

Security and Vulnerability Management Market Trends

  • Report ID: GMI7284
  • Published Date: Nov 2023
  • Report Format: PDF

Security and Vulnerability Management Market Trends

The market is witnessing a significant shift toward cloud-based security solutions owing to their scalability, flexibility, and remote accessibility. Companies are increasingly migrating security measures to the cloud to adapt to dynamic work environments and remote operations. Cloud-based solutions offer the advantage of scaling security resources according to demand, providing enhanced flexibility in deploying and managing security measures, while enabling remote access & monitoring, catering to the evolving needs of a decentralized workforce and business landscape.
 

The trend of integrating Artificial Intelligence (AI) and automation in security is aimed at bolstering threat detection and response efficiency. AI technologies rapidly analyze vast datasets, identifying patterns & anomalies, thereby enhancing early threat detection. Automated responses streamline reaction times, mitigating potential risks swiftly.
 

For instance, in October 2023, BackBox Software Inc. introduced Network Vulnerability Manager to enhance network automation. This new service facilitates efficient network automation, providing a comprehensive solution to manage vulnerabilities within network infrastructures. This integration optimizes security efficacy by reducing human errors and enabling predictive analysis. It improves preemptive security measures and fortifies organizations against the ever-evolving landscape of cyber threats.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market of security and vulnerability management reached USD 14.5 billion in 2022 and is set to witness 10% CAGR between 2023 and 2032, says this GMI report.

The IT & telecom segment accounted for a market share of around 26% in 2022 and is poised to grow through 2032 due to the increased digital dependency.

North America market share was around 35% in 2022, attributed to the region's heightened cyber threat awareness, stringent regulatory compliance, and substantial investments in cybersecurity.

Dell EMC, Fujitsu Limited, Hewlett-Packard Enterprise Company, Holm Security, IBM Corporation, McAfee Inc., Microsoft Corporation, OpenText Corporation, and Tripwire Inc.

Security and Vulnerability Management Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 359
  • Countries covered: 21
  • Pages: 220
 Download Free Sample