Market Overview:
The global patch remediation software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for patch management solutions across different industries, such as video games, software development, and others. Additionally, the growing trend of hotpatching is also contributing significantly to the growth of this market.
Product Definition:
Patch Remediation Software is a type of software that is used to help organizations keep their computer systems up to date with the latest patches and security updates. This type of software can be very important for organizations, as it can help protect them from possible security threats.
Security Patch:
A security patch is a program or set of programs that are installed on computers to fix bugs and vulnerabilities in the operating system. Security patches are used by organizations to protect their computer systems from threats such as viruses, malware, trojans, rootkits, keyloggers and other forms of cyber-attacks. Patch management solutions help enterprises in tracking updates for all the software applications across multiple platforms including Windows OS X Linux Solaris AIX etc.
Service Packs:
Service packs are cumulative updates to Microsoft Windows that include all the new features and bugfixes from previous service packs. They are released regularly in sequence as a part of routine maintenance by Microsoft. Service Packs can be used with any version of Windows, but they were initially designed for use with Windows NT 4.0 and 2000 Server (XP) which includes most of their features such as driver support, update rollups, security patches along with some other minor improvements and bugfixes.
Application Insights:
The software development segment dominated the market in 2017 and is expected to grow at a lucrative CAGR over the forecast period. This can be attributed to an increase in cyberattacks that target application vulnerabilities. Application patching helps developers fix security vulnerabilities as soon as possible, which is expected to drive demand over the forecast period.
Video games are one of the most targeted applications due to their critical nature and high profile targets such as sports leagues, media companies and e-commerce platforms among others have been hacked several times owing to insufficiently updated systems. The video game industry has been encouraging userspatching machines operating systemand other applications frequently since its inception along with regular security patches from vendors making it easier for end-usersto keep systems patched up without much hassle or technical expertise required for installation or maintenance of patches on a system running Microsoft Windows OS or Linux kernel based OSs respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. North America’s dominance can be attributed to factors such as increasing penetration of internet services and rising adoption of technology among users. Moreover, presence of major software companies that develop video games and other applications is also contributing towards regional growth.
Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to increasing demand for patch management solutions from several end-use industries in this region, including IT & telecom, BFSI, healthcare & life sciences, manufacturing & automotive among others. Furthermore, growing number of cyberattacks has led software vendors in this region to increase their product offerings for patch management purposes which will further boost regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for cloud-based patch management software due to its advantages such as scalability, flexibility, and cost-effectiveness.
- Proliferation of cyber threats and vulnerabilities that need to be patched on a regular basis is driving the demand for patch management software.
- Growing number of businesses implementing Bring Your Own Device (BYOD) policy is fueling the demand for patch management software as it helps in securing corporate data on employee-owned devices.
- Rapid adoption of IoT devices across various industries is creating new security vulnerabilities that need to be patched, thereby propelling the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patch Remediation Software Market Research Report
By Type
Security Patch, Service Packs, Hot Patching, Others
By Application
Video Games, Software Development, Others
By Companies
Broadcom (USA), Comodo Group, Inc. (USA), Ecora Software Corporation (USA), Flexera Software LLC (USA), GFI Software (USA), International Business Machines Corporation (IBM) (USA), Kaseya Limited (Ireland), Landesk (USA), Shavlik (USA), LogMeIn, Inc. (USA), Lumension Security, Inc. (USA), Microsoft Corporation (USA), SmiKar Software (Australia), SolarWinds Worldwide, LLC (USA)
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Patch Remediation Software Market Report Segments:
The global Patch Remediation Software market is segmented on the basis of:
Types
Security Patch, Service Packs, Hot Patching, Others
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
Video Games, Software Development, Others
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:
- Broadcom (USA)
- Comodo Group, Inc. (USA)
- Ecora Software Corporation (USA)
- Flexera Software LLC (USA)
- GFI Software (USA)
- International Business Machines Corporation (IBM) (USA)
- Kaseya Limited (Ireland)
- Landesk (USA)
- Shavlik (USA)
- LogMeIn, Inc. (USA)
- Lumension Security, Inc. (USA)
- Microsoft Corporation (USA)
- SmiKar Software (Australia)
- SolarWinds Worldwide, LLC (USA)
Highlights of The Patch Remediation Software 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:
- Security Patch
- Service Packs
- Hot Patching
- Others
- By Application:
- Video Games
- Software Development
- Others
- 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 Patch Remediation Software 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Patch Remediation Software is a software application that helps administrators remediate patches and updates on their systems. It can help identify which patches and updates need to be installed, as well as provide guidance on how to install them.
Some of the major companies in the patch remediation software market are Broadcom (USA), Comodo Group, Inc. (USA), Ecora Software Corporation (USA), Flexera Software LLC (USA), GFI Software (USA), International Business Machines Corporation (IBM) (USA), Kaseya Limited (Ireland), Landesk (USA), Shavlik (USA), LogMeIn, Inc. (USA), Lumension Security, Inc. (USA), Microsoft Corporation (USA), SmiKar Software (Australia), SolarWinds Worldwide, LLC (USA).
The patch remediation software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Patch Remediation Software 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 Patch Remediation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Patch Remediation Software 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 Patch Remediation Software 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 Patch Remediation Software Market Size & Forecast, 2020-2028
4.5.1 Patch Remediation Software Market Size and Y-o-Y Growth
4.5.2 Patch Remediation Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Security Patch
5.2.2 Service Packs
5.2.3 Hot Patching
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Video Games
6.2.2 Software Development
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Patch Remediation Software 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 Patch Remediation Software 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Security Patch
9.6.2 Service Packs
9.6.3 Hot Patching
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Video Games
9.10.2 Software Development
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Security Patch
10.6.2 Service Packs
10.6.3 Hot Patching
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Video Games
10.10.2 Software Development
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Security Patch
11.6.2 Service Packs
11.6.3 Hot Patching
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Video Games
11.10.2 Software Development
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Security Patch
12.6.2 Service Packs
12.6.3 Hot Patching
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Video Games
12.10.2 Software Development
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Security Patch
13.6.2 Service Packs
13.6.3 Hot Patching
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Video Games
13.10.2 Software Development
13.10.3 Others
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 Patch Remediation Software Market: Competitive Dashboard
14.2 Global Patch Remediation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Broadcom (USA)
14.3.2 Comodo Group, Inc. (USA)
14.3.3 Ecora Software Corporation (USA)
14.3.4 Flexera Software LLC (USA)
14.3.5 GFI Software (USA)
14.3.6 International Business Machines Corporation (IBM) (USA)
14.3.7 Kaseya Limited (Ireland)
14.3.8 Landesk (USA)
14.3.9 Shavlik (USA)
14.3.10 LogMeIn, Inc. (USA)
14.3.11 Lumension Security, Inc. (USA)
14.3.12 Microsoft Corporation (USA)
14.3.13 SmiKar Software (Australia)
14.3.14 SolarWinds Worldwide, LLC (USA)
