Market Overview:
The global device vulnerability management market is expected to grow from USD 1.02 Billion in 2018 to USD 2.48 Billion by 2030, at a CAGR of 13.8% during the forecast period. The growth of this market can be attributed to the increasing number of cyber-attacks and data breaches, growing demand for cloud-based security solutions, and rising need for compliance with government regulations. However, lack of awareness about device vulnerability management solutions among end users may restrain the growth of this market to some extent during the forecast period. The global device vulnerability management market is segmented by type into solutions and services. The services segment is further divided into professional services and managed services segments. By application, the global device vulnerability management market is segmented into small and medium-sized businesses (SMBS) and large enterprises segments. By region, it is divided into North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA). In terms of revenue share in 2017 North America accounted for largest share followed by Europe in terms on revenue contribution in 2017; while APAC region would exhibit highest CAGR over the forecast period owing to increasing adoption rate across various industry verticals such as BFSI sector , retail sector etc .
Product Definition:
Device vulnerability management is the practice of identifying, assessing and mitigating vulnerabilities in network-connected devices. By identifying and addressing vulnerabilities in devices, organizations can reduce the risk of attacks that exploit those vulnerabilities. Device vulnerability management is important because it helps organizations protect their networks from attack and maintain the security of their data.
Solutions:
Solutions are the applications and software that help in performing a specific task. In DVM market, solutions are used for managing devices or securing them from any vulnerabilities. Solutions can be used on different levels such as network level, device level and application level. The most commonly used solution is Device Vulnerability Management (DVMs). It helps in patching security holes using vulnerable devices database which contains information about known vulnerabilities of the device along with patches to fix those issues.
Services:
The services are used to identify, remediate and mitigate security vulnerabilities in devices. It is a process that involves analyzing the device's software and hardware functionalities to determine its weak points. The service also helps in providing solutions for patching up the loopholes identified by itself.
Application Insights:
The large enterprises segment dominated the global device vulnerability management market in 2017, accounting for over 60% of the revenue share. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as extensive product portfolio, presence of multiple customers and high exposure to cyber-attacks from external and internal sources.
The small and medium-sized businesses (SMBs) segment is projected to witness significant growth during the forecast period owing to rising adoption of cloud services across SMBs. Cloud computing has enabled SMBs with on-demand resources that can be utilized for various applications including security solutions without requiring any hardware or software changes at all in existing systems.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to presence of a large number of prominent players in this region. The U.S. is considered as one of the most developed countries in terms of technology and innovation, which has led it to dominate this regional market with a revenue share of more than 40%. Europe also accounted for significant share due to growing concerns regarding data security and increasing cyber-attacks across various sectors including government, military, healthcare, financial sector etc., thereby driving demand for vulnerability management solutions in this region as well.
Growth Factors:
- Increasing demand for connected devices and BYOD policies in organizations
- Proliferation of cyber-attacks and data breaches
- Stringent government regulations and compliance requirements
- Growing need for risk mitigation and business continuity planning
- Increased spending on information security by organizations
Scope Of The Report
Report Attributes
Report Details
Report Title
Device Vulnerability Management Market Research Report
By Type
Solutions, Services
By Application
Small and Medium-Sized Business (SMBS), Large Enterprises
By Companies
IBM, HPE, Dell, Splunk, Qualys, Subtotal, McAfee, GFI Software, Rapid7, Tripwire, EMC, NetIQ, Symantec Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Device Vulnerability Management Market Report Segments:
The global Device Vulnerability Management market is segmented on the basis of:
Types
Solutions, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-Sized Business (SMBS), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- HPE
- Dell
- Splunk
- Qualys
- Subtotal
- McAfee
- GFI Software
- Rapid7
- Tripwire
- EMC
- NetIQ
- Symantec Corporation
Highlights of The Device Vulnerability Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solutions
- Services
- By Application:
- Small and Medium-Sized Business (SMBS)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Device Vulnerability Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Device vulnerability management (DVM) is a process that helps organizations identify, assess, and mitigate vulnerabilities in their devices. DVM can help protect devices from being compromised by malicious actors or accidental damage.
Some of the major companies in the device vulnerability management market are IBM, HPE, Dell, Splunk, Qualys, Subtotal, McAfee, GFI Software, Rapid7, Tripwire, EMC, NetIQ, Symantec Corporation.
The device vulnerability management market is expected to grow at a compound annual growth rate of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Device Vulnerability Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Device Vulnerability Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Device Vulnerability Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Device Vulnerability Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Device Vulnerability Management Market Size & Forecast, 2018-2028
4.5.1 Device Vulnerability Management Market Size and Y-o-Y Growth
4.5.2 Device Vulnerability Management Market Absolute $ Opportunity
Chapter 5 Global Device Vulnerability Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Device Vulnerability Management Market Size Forecast by Type
5.2.1 Solutions
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Device Vulnerability Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Device Vulnerability Management Market Size Forecast by Applications
6.2.1 Small and Medium-Sized Business (SMBS)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Device Vulnerability Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Device Vulnerability Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Device Vulnerability Management Analysis and Forecast
9.1 Introduction
9.2 North America Device Vulnerability Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Device Vulnerability Management Market Size Forecast by Type
9.6.1 Solutions
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Device Vulnerability Management Market Size Forecast by Applications
9.10.1 Small and Medium-Sized Business (SMBS)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Device Vulnerability Management Analysis and Forecast
10.1 Introduction
10.2 Europe Device Vulnerability Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Device Vulnerability Management Market Size Forecast by Type
10.6.1 Solutions
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Device Vulnerability Management Market Size Forecast by Applications
10.10.1 Small and Medium-Sized Business (SMBS)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Device Vulnerability Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Device Vulnerability Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Device Vulnerability Management Market Size Forecast by Type
11.6.1 Solutions
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Device Vulnerability Management Market Size Forecast by Applications
11.10.1 Small and Medium-Sized Business (SMBS)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Device Vulnerability Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Device Vulnerability Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Device Vulnerability Management Market Size Forecast by Type
12.6.1 Solutions
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Device Vulnerability Management Market Size Forecast by Applications
12.10.1 Small and Medium-Sized Business (SMBS)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Device Vulnerability Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Device Vulnerability Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Device Vulnerability Management Market Size Forecast by Type
13.6.1 Solutions
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Device Vulnerability Management Market Size Forecast by Applications
13.10.1 Small and Medium-Sized Business (SMBS)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Device Vulnerability Management Market: Competitive Dashboard
14.2 Global Device Vulnerability Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 HPE
14.3.3 Dell
14.3.4 Splunk
14.3.5 Qualys
14.3.6 Subtotal
14.3.7 McAfee
14.3.8 GFI Software
14.3.9 Rapid7
14.3.10 Tripwire
14.3.11 EMC
14.3.12 NetIQ
14.3.13 Symantec Corporation
