Security and Vulnerability Management Market - Forecast(2024 - 2030)

Report Code: ITR 16217 Report Format: PDF + Excel
Overview

The Global Security and Vulnerability Management Market is estimated to reach $14.1 billion by 2025, growing at a CAGR of 4.0% from 2020 to 2025. The security and vulnerability management is the process of identifying and securing an organizations data and privacy running on the systems of that particular organization. Security and vulnerability management is increasingly important part of the security function. Vulnerability is the part of whole security management infrastructure that accounts for security policy, compliance and risk management. The ever increasing threats of data exfiltration, rising regulatory requirements affecting companies of all sizes and rising adoption of cloud based networking are driving the growth of the market.

Report Coverage

The report: “Security and Vulnerability Management Market – Forecast (2020-2025)”, by Industry ARC covers an in-depth analysis of the following segments of Security and Vulnerability Management Market.

By Deployment  - On-premises, Cloud.
By Services  - Consulting, Support, Integration
By Solution  - Security information & Event Management, Policy and Compliance, Application Vulnerability, Forensic Investigation, Others.
By Organization Size - Small & Medium Enterprises, Large Enterprises
By End Users  - IT and Telecommunication, Retail, Public Sector, Healthcare, Energy and Utility, Aerospace and Defense, BFSI and Others.
By Geography  - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)

Key Takeaways
  • Rise in adoption of security and vulnerability assement and management tools due to rise in cyber crime and cyber threats along with growth in end users are driving the growth of the market.
  • Cloud based deployment are dominating the market owing to their cost effectiveness and upsurge in cloud deployment by most of the end users globally.
  • North America is expected to dominate the global Security and vulnerability management Market in the forecast period 2020-2025 owing the rising use of cloud based networking and growth in IT and Telecom industries.

By Deployment- Segment Analysis 
By deployment Security and Vulnerability Management Market is segmented into On-premises and cloud based. Cloud based security and vulnerability management is witnessing a significant growth in the market. Through the cloud based security and vulnerability management, network based intrusion detection along with virus scanning can be acquired which basically helps in network and infrastructure security. Businesses generally become safer and secure through cloud as it provides improved infrastructure security. Furthermore, cloud based deployment is cost effective owing to which it is adopted by most of the organizations.

By Organization Size - Segment Analysis
By Organization Size the market is segmented into Small & Medium Enterprises and Large Enterprises. Large organizations are dominating the market owing to the risk of high cybersecurity vulnerabilities, cybersecurity threats, cybersecurity exploits. The large enterprises are using these security and vulnerability management products widely. The use of assessment products like application scanners, device vulnerability assessment products, policy and compliance solutions and others are used by the large enterprises for cyberthreats. 

Geography - Segment Analysis
Global Security and Vulnerability Management Market is dominated by North America region by a market share 37.2% in 2019. The surge in cloud based networking, mobile devices and presence of major key players for whom there is requirement of security and vulnerability management are driving the growth of the market. Requirement for cloud managed LAN networks are contributing to further growth of the market in North America region. Furthermore, dynamic business requirements along with growing enterprises are aiding the use of cloud based LAN networks in this region. The rise of industrial sector among which the IT sector companies are the major ones in this region are accounting for more use of the security and vulnerability management. These factors are boosting the growth of the market in this region.

Drivers – Security and Vulnerability Management Market
  • Growth in cyber threats and cyber crime and risks:
The upsurge in cyber threats and cyber crime has increased the implementation of risk management, security management and vulnerability management solutions. Owing to the increase in these cyber threats like computer viruses, Denial of Service attacks, data breaches and others the organizations are adopting security and vulnerability management tools to protect their data form these malicious acts. Cyber threats generally include a social-engineering or pislishing attack. In this attacker installs a trojan and steals private information from an application or the website. To save the private information it is important of all the end users to implement the security and vulnerability management tools. Furthermore, rise in risks of vulnerability like SQL injection, sensitive data theft and others have also driven the growth of the market.
  • Growth in cloud computing, mobile device & software and vulnerability assessment:
The growth of IT and telecommunication industries have led to the growth of cloud computing, mobile device and software vulnerability assessment. According to the International Trade Administration In 2018, 50% of enterprises with more than 1000 users are using products provided by Cloud Access Security Broker (CASB) to monitor and manage their use of software as service and forms of public cloud in United States. The use of cloud computing has increased the risk of vulnerability threats over the cloud networks. As the cloud managed services are best suited for the use in the various IT firms due to their high speed internet and cost effectiveness, the public cloud, private cloud and hybrid cloud technologies are accessed to the servers of the various organizations. Owing to these benefits there is a surge in adoption of cloud computing thereby driving the growth of the market.
 
Challenges – Security and Vulnerability Management Market
  • Lack of resources and funding Challenge:
Although there are many advantages of Security and Vulnerability Management the small and medium enterprises generally face challenge of lack of resources due to which these enterprises are unable to implement security and vulnerability management tools. Furthermore, these enterprises also face funding problems. These factors are hindering the growth of the market.

Market Landscape
Security and Vulnerability Management Market is dominated by major companies such as IBM Corporation, EMC Corporation, Microsoft Corporation, Hewlett-Packard, Netiq Corporation, Rapid 7, Tripwire, Qualys, Skybox Security, Alien Vault among others.
Acquisitions/Technology Launches
  • March 5, 2019- Tripwire, Inc. announced expansion of its service named Tripwire ExpertOps. Through this expansion the company included vulnerability management as a managed service. Vulnerability security management can be done through this Expert Ops and it is more helpful for the organizations with limited in-house cyber security management.
  • November 19, 2019- Qualys, Inc. launched its new Vulnerability management, Detection and Response (VMR) app. This app provides the company with risk management and vulnerability management.
1. Security And Vulnerability Management Market - Overview
        1.1 Definitions and Scope
2. Security And Vulnerability Management Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Security And Vulnerability Management Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Security And Vulnerability Management Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Security And Vulnerability Management Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Security And Vulnerability Management Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Security And Vulnerability Management Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Security And Vulnerability Management Market - By Type (Market Size -$Million / $Billion)
8.1 Solutions 
8.1.1 Security Information and Event Management
8.1.1.1 Log and Event Management
8.1.1.2 Firewall Security Management
8.1.1.3 Patch Management
8.1.1.4 Others
8.1.2 Policy and Compliance
8.1.3 Forensic and Incident Investigation
8.1.4 Device Vulnerability Assessment
8.1.5 Application Vulnerability Assessment
8.2 Services 
8.2.1 Consulting
8.2.2 Support
8.2.3 Integration
9. Security And Vulnerability Management Market - By End User (Market Size -$Million / $Billion)
9.1 SMBS
9.2 Enterprise
10. Security And Vulnerability Management - By Vertical (Market Size -$Million / $Billion)
10.2 BFSI 
10.3 It and Telecom 
10.4 Government and Defense 
10.5 Retail 
10.6 Energy and Utilities 
10.7 Healthcare 
10.8 Others
11. Security And Vulnerability Management- By Geography (Market Size -$Million / $Billion)
        11.1 Security And Vulnerability Management Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Security And Vulnerability Management- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Security And Vulnerability Management- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Security And Vulnerability Management - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Security And Vulnerability Management - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Security And Vulnerability Management Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Security And Vulnerability Management Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Security And Vulnerability Management Market - Key Company List by Country Premium
15. Security And Vulnerability Management Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 EMC Corporation
        15.3 Hewlett-Packard
        15.4 IBM Corporation
        15.5 Microsoft Corporation
        15.6 Netiq Corporation
        15.7 Qualys
        15.8 Rapid7
        15.9 Symantec Corporation
        15.10 Tripwire
        15.11 Company 10
        15.12 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
16. Security And Vulnerability Management Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Security And Vulnerability Management Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

LIST OF FIGURES

1.US Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
2.Canada Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
3.Mexico Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
4.Brazil Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
5.Argentina Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
6.Peru Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
7.Colombia Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
8.Chile Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
9.Rest of South America Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
10.UK Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
11.Germany Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
12.France Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
13.Italy Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
14.Spain Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
15.Rest of Europe Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
16.China Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
17.India Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
18.Japan Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
19.South Korea Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
20.South Africa Security And Vulnerability Management Market Revenue, 2023-2030 ($M)
21.North America Security And Vulnerability Management By Application
22.South America Security And Vulnerability Management By Application
23.Europe Security And Vulnerability Management By Application
24.APAC Security And Vulnerability Management By Application
25.MENA Security And Vulnerability Management By Application
26.Rapid7, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.EMC Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Hewlett-Packard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.IBM Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Qualys, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Symantec Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Netiq Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Tripwire, Sales /Revenue, 2015-2018 ($Mn/$Bn)