The Security And Vulnerability Management Global Market Report 2023 by The Business Research Company, provides security and vulnerability management market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Security And Vulnerability Management Global Market Report 2023, the market size will grow from $13.4 billion in 2022 to $14.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global security and vulnerability management is expected to grow to $19.11 billion in 2027 at a CAGR of 7.2%.The rise in the adoption of security and vulnerability assessment and management tools is expected to drive the growth of the security and vulnerability management market going forward. Security and vulnerability management tools aid in the assessment, identification, and reporting of security flaws. A large number of firms are utilizing security and vulnerability assessment and management technologies to minimize security issues.
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The security and vulnerability management market is segmented:
1) By Component: Software, Services
2) By Organization Size: Small and Medium Scale, Large Scale
3) By Target: Content Management System Vulnerabilities, API Vulnerabilities, Internet of Things (IoT) Vulnerabilities, Other Targets
4) By Application: Banking, Financial Services And Insurance (BFSI), Government and Defense, Healthcare, IT and Telecom, Retail, Other Applications
Technological advancements have emerged as a key trend gaining popularity in the security and vulnerability market. Major companies operating in the security and vulnerability management sector are focused on developing innovative products and applications to strengthen their position. For Example, in May 2022, New Relic, a US-based observability company, launched New Relic Vulnerability Management. It will enable organizations to identify and address security risks more quickly and precisely. In order to manage security and risk comprehensively, every member of the software team, including security engineers, can use New Relic as the default platform to aggregate native and third-party security signals across the entire software stack. Using mappings and correlations, engineers can monitor, debug, and secure the entire software stack more effectively and reduce overall risks.
The security and vulnerability management market report table of contents includes:
1. Executive Summary
2. Security And Vulnerability Management Market Characteristics
3. Security And Vulnerability Management Market Trends And Strategies…
4. Security And Vulnerability Market – Macro Economic Scenario
5. COVID-19 Impact On Security And Vulnerability Market
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26. Africa Security And Vulnerability Management Market
27. Security And Vulnerability Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Security And Vulnerability Management Market
29. Security And Vulnerability Management Market Future Outlook and Potential Analysis
30. Appendix
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