Market Overview:
The global security and vulnerability management market is expected to grow from USD 3.02 Billion in 2018 to USD 5.06 Billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the market can be attributed to the increasing number of cyber-attacks and data breaches, growing demand for cloud-based security solutions, and rising adoption of BYOD policies across organizations. However, lack of awareness about security vulnerabilities among end users may restrain the growth of the market during the forecast period. The software segment is expected to hold a larger share than the services segment in the global security and vulnerability management market during the forecast period.
Product Definition:
Security and vulnerability management is the process of identifying, quantifying, and managing vulnerabilities in systems and applications. Security and vulnerability management is important because it helps organizations identify potential weaknesses in their systems that could be exploited by attackers.
Software:
Software is the collection of tools and techniques for carrying out a specific task or series of tasks. Software is used in various industries such as BFSI, IT & telecom, healthcare, government and defense among others to carry out security-related operations such as vulnerability assessment, patch management system configuration etc.
Services:
The services are used in Security and Vulnerability Management (SVM) market for providing solutions to the customers. It helps to identify, remediate, mitigate or avoid security vulnerabilities in software products or hardware devices. The service also helps enterprises and IT professionals to secure their infrastructure from any potential threats with minimum risk exposure by performing a detailed analysis of the security landscape along with vulnerability assessment of the system.
Application Insights:
The global market is segmented by application into banking, financial services and insurance, government and defense, IT and telecom, retail, healthcare. The BFSI sector accounted for the largest revenue share in 2017. Vulnerability management helps mitigate cyber-attacks that may result in data loss or breaches of confidentiality by identifying & prioritizing vulnerabilities & threats. It also helps organizations to prepare a plan of action to mitigate potential risks before they occur.
IT/Telecom is anticipated to emerge as the fastest-growing segment over the forecast period owing to increasing demand for robust security infrastructure across various industries such as telecommunication companies or internet service providers (ISP).
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of technology and increased government spending on defense. Asia Pacific is projected to witness significant growth over the next eight years due to increasing demand for software that can prevent security threats, rising geopolitical tensions, and growing IT infrastructure in emerging economies such as India and China. Moreover, increasing investments by governments in developing countries are also driving this market. For instance, China has launched a massive campaign against cyber-attacks with an aim towards strengthening its digital infrastructure.
Growth Factors:
- Increasing demand for cloud-based security solutions
- Proliferation of mobile devices and BYOD trend
- Emergence of new cyber threats and vulnerabilities
- Stringent government regulations and compliance requirements
- Growing need for risk management and data security
Scope Of The Report
Report Attributes
Report Details
Report Title
Security and Vulnerability Management Market Research Report
By Type
Software, Services
By Application
Banking, Financial Services & Insurance (BFSI), Government and Defense, Healthcare, IT and Telecom, Retail, Others
By Companies
AlienVault, Inc., Dell EMC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, McAfee, LLC, Micro Focus Corporation, Microsoft Corporation, Qualys, Inc., Rapid7, Inc., Skybox Security, Inc., Tenable, Inc., Symantec Corporation, Tripwire, Inc.
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Security and Vulnerability Management Market Report Segments:
The global Security and Vulnerability Management market is segmented on the basis of:
Types
Software, 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
Banking, Financial Services & Insurance (BFSI), Government and Defense, Healthcare, IT and Telecom, Retail, 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:
- AlienVault, Inc.
- Dell EMC
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- McAfee, LLC
- Micro Focus Corporation
- Microsoft Corporation
- Qualys, Inc.
- Rapid7, Inc.
- Skybox Security, Inc.
- Tenable, Inc.
- Symantec Corporation
- Tripwire, Inc.
Highlights of The Security and 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:
- Software
- Services
- By Application:
- Banking, Financial Services & Insurance (BFSI)
- Government and Defense
- Healthcare
- IT and Telecom
- Retail
- 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 Security and 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?
Security and vulnerability management (SVM) is the process of identifying, assessing, and mitigating risks to information systems. It encompasses a variety of activities such as risk assessment, incident response planning, software security testing, data security measures and more.
Some of the major companies in the security and vulnerability management market are AlienVault, Inc., Dell EMC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, McAfee, LLC, Micro Focus Corporation, Microsoft Corporation, Qualys, Inc., Rapid7, Inc., Skybox Security, Inc., Tenable, Inc., Symantec Corporation, Tripwire, Inc..
The security and vulnerability management market is expected to register a CAGR of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security and 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 Security and Vulnerability Management Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Security and 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 Security and 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 Security and Vulnerability Management Market Size & Forecast, 2018-2028 4.5.1 Security and Vulnerability Management Market Size and Y-o-Y Growth 4.5.2 Security and Vulnerability Management Market Absolute $ Opportunity
Chapter 5 Global Security and 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 Security and Vulnerability Management Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Security and 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 Security and Vulnerability Management Market Size Forecast by Applications
6.2.1 Banking
6.2.2 Financial Services & Insurance (BFSI)
6.2.3 Government and Defense
6.2.4 Healthcare
6.2.5 IT and Telecom
6.2.6 Retail
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security and 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 Security and 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 Security and Vulnerability Management Analysis and Forecast
9.1 Introduction
9.2 North America Security and 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 Security and Vulnerability Management Market Size Forecast by Type
9.6.1 Software
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 Security and Vulnerability Management Market Size Forecast by Applications
9.10.1 Banking
9.10.2 Financial Services & Insurance (BFSI)
9.10.3 Government and Defense
9.10.4 Healthcare
9.10.5 IT and Telecom
9.10.6 Retail
9.10.7 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 Security and Vulnerability Management Analysis and Forecast
10.1 Introduction
10.2 Europe Security and 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 Security and Vulnerability Management Market Size Forecast by Type
10.6.1 Software
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 Security and Vulnerability Management Market Size Forecast by Applications
10.10.1 Banking
10.10.2 Financial Services & Insurance (BFSI)
10.10.3 Government and Defense
10.10.4 Healthcare
10.10.5 IT and Telecom
10.10.6 Retail
10.10.7 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 Security and Vulnerability Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Security and 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 Security and Vulnerability Management Market Size Forecast by Type
11.6.1 Software
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 Security and Vulnerability Management Market Size Forecast by Applications
11.10.1 Banking
11.10.2 Financial Services & Insurance (BFSI)
11.10.3 Government and Defense
11.10.4 Healthcare
11.10.5 IT and Telecom
11.10.6 Retail
11.10.7 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 Security and Vulnerability Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Security and 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 Security and Vulnerability Management Market Size Forecast by Type
12.6.1 Software
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 Security and Vulnerability Management Market Size Forecast by Applications
12.10.1 Banking
12.10.2 Financial Services & Insurance (BFSI)
12.10.3 Government and Defense
12.10.4 Healthcare
12.10.5 IT and Telecom
12.10.6 Retail
12.10.7 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) Security and Vulnerability Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Security and 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) Security and Vulnerability Management Market Size Forecast by Type
13.6.1 Software
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) Security and Vulnerability Management Market Size Forecast by Applications
13.10.1 Banking
13.10.2 Financial Services & Insurance (BFSI)
13.10.3 Government and Defense
13.10.4 Healthcare
13.10.5 IT and Telecom
13.10.6 Retail
13.10.7 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 Security and Vulnerability Management Market: Competitive Dashboard
14.2 Global Security and Vulnerability Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AlienVault, Inc.
14.3.2 Dell EMC
14.3.3 Hewlett Packard Enterprise Development LP
14.3.4 International Business Machines Corporation
14.3.5 McAfee, LLC
14.3.6 Micro Focus Corporation
14.3.7 Microsoft Corporation
14.3.8 Qualys, Inc.
14.3.9 Rapid7, Inc.
14.3.10 Skybox Security, Inc.
14.3.11 Tenable, Inc.
14.3.12 Symantec Corporation
14.3.13 Tripwire, Inc.