Market Overview:
The global vulnerability assessment service provider services market is expected to grow from USD 2.02 Billion in 2018 to USD 4.06 Billion by 2030, at a CAGR of 10.5% from 2018 to 2030. The growth of the market can be attributed to the increasing number of cyber-attacks and data breaches, and the need for organizations to identify and mitigate vulnerabilities before they are exploited by hackers. The global vulnerability assessment service provider services market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into online service and offline service. The online service segment is expected to grow at a higher CAGR during the forecast period owing to its advantages such as easy accessibility, real-time updates on vulnerabilities across industries verticals worldwide, 24/7 customer support system etc.
Product Definition:
A vulnerability assessment service provider is a company that provides businesses with information about the vulnerabilities in their computer systems. This information can help businesses make decisions about how to protect their systems and data.
Online Service:
Online service is a software-as-a-service model that provides customers with an interface to access and run programs or files remotely. Online services are used for data recovery, system maintenance, virus detection, digital forensics and compliance purposes. The growth factor in the online service market is the ease of use as it reduces human intervention which makes it more efficient & effective thereby reducing overall cost associated with vulnerability assessment.
Offline Service:
The offline service is a Vulnerability Assessment Service Provider (VASPP) that allows customers to run their own tests and obtain results without internet connectivity. The service provider can provide services through multiple computers or devices connected to the internet. These services are used by organizations for assessing the security of their networks, applications, servers, and other IT infrastructure components against cyberattacks.
Application Insights:
The individual segment held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The growing number of individuals accessing information technology products and services has led to an increase in cyber-attacks, which, in turn, has necessitated the development of a robust security posture for these individuals. Vulnerability assessment service providers have thus developed innovative solutions that assist end users with a secure web browsing experience by identifying vulnerabilities on websites theyvisit. These solutions also enable users to control whether or not they want to become part of a security scan when visiting public Wi-Fi networks or any other network connected through wireless access points.
Enterprises are expected to register significant growth over the forecast period owing to their increased investments for developing software applications and hardware devices that can withstand increasingly competitive markets while maintaining profitability objectives set by business owners.
Regional Analysis:
North America is expected to dominate the global market over the forecast period. The growth can be attributed to increasing government mandates and regulations, such as the Gramm-Leach-Bliley (GLB) Act in U.S., which requires financial institutions to perform vulnerability assessment of their systems and provide reports on findings, risks, mitigation strategies, and implementation plans.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing awareness about security issues among enterprises operating in this region.
Latin America also presents opportunities for vendors providing Vulnerability Assessment Services (VAS).
Growth Factors:
- Increasing demand for vulnerability assessment services from small and medium-sized businesses (SMBs) due to the increasing number of cyber threats targeting these businesses.
- The growing popularity of cloud-based security solutions, which require vulnerability assessments for effective risk management.
- The increasing number of compliance mandates, such as PCI DSS and HIPAA, that require regular vulnerability assessments to ensure compliance.
- The rising awareness among organizations about the importance of proactive vulnerability management in order to mitigate the risk of data breaches and other cyber attacks.
- The growing demand for managed security services, which often include regular vulnerability assessments as part of their service offering
Scope Of The Report
Report Attributes
Report Details
Report Title
Vulnerability Assessment Service Provider Services Market Research Report
By Type
Online Service, Offline Service
By Application
Individual, Enterprise, Others
By Companies
McAfee, Microsoft, SAINT, Akamai Technologies, OneNeck IT Solutions, IBM, Blackberry, BAE Systems, 7 Layer Solutions, Sirius Computer Solutions, Sophos, Juniper Networks, Singtel, NowSecure, FireEye
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Vulnerability Assessment Service Provider Services Market Report Segments:
The global Vulnerability Assessment Service Provider Services market is segmented on the basis of:
Types
Online Service, Offline Service
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
Individual, Enterprise, 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:
- McAfee
- Microsoft
- SAINT
- Akamai Technologies
- OneNeck IT Solutions
- IBM
- Blackberry
- BAE Systems
- 7 Layer Solutions
- Sirius Computer Solutions
- Sophos
- Juniper Networks
- Singtel
- NowSecure
- FireEye
Highlights of The Vulnerability Assessment Service Provider Services 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:
- Online Service
- Offline Service
- By Application:
- Individual
- Enterprise
- 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 Vulnerability Assessment Service Provider Services 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?
A vulnerability assessment service provider (VASP) is a company that provides vulnerability assessment and penetration testing services. VASPs typically offer a wide range of services, including vulnerability scanning, network analysis, and security assessments. They may also offer specialized services such as threat modeling or web application security testing.
Some of the major players in the vulnerability assessment service provider services market are McAfee, Microsoft, SAINT, Akamai Technologies, OneNeck IT Solutions, IBM, Blackberry, BAE Systems, 7 Layer Solutions, Sirius Computer Solutions, Sophos, Juniper Networks, Singtel, NowSecure, FireEye.
The vulnerability assessment service provider services market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size & Forecast, 2018-2028 4.5.1 Vulnerability Assessment Service Provider Services Market Size and Y-o-Y Growth 4.5.2 Vulnerability Assessment Service Provider Services Market Absolute $ Opportunity
Chapter 5 Global Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Type
5.2.1 Online Service
5.2.2 Offline Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Analysis and Forecast
9.1 Introduction
9.2 North America Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Type
9.6.1 Online Service
9.6.2 Offline Service
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 Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
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 Vulnerability Assessment Service Provider Services Analysis and Forecast
10.1 Introduction
10.2 Europe Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Type
10.6.1 Online Service
10.6.2 Offline Service
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 Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
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 Vulnerability Assessment Service Provider Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Type
11.6.1 Online Service
11.6.2 Offline Service
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 Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
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 Vulnerability Assessment Service Provider Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Vulnerability Assessment Service Provider Services 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 Vulnerability Assessment Service Provider Services Market Size Forecast by Type
12.6.1 Online Service
12.6.2 Offline Service
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 Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
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) Vulnerability Assessment Service Provider Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vulnerability Assessment Service Provider Services 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) Vulnerability Assessment Service Provider Services Market Size Forecast by Type
13.6.1 Online Service
13.6.2 Offline Service
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) Vulnerability Assessment Service Provider Services Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
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 Vulnerability Assessment Service Provider Services Market: Competitive Dashboard
14.2 Global Vulnerability Assessment Service Provider Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 McAfee
14.3.2 Microsoft
14.3.3 SAINT
14.3.4 Akamai Technologies
14.3.5 OneNeck IT Solutions
14.3.6 IBM
14.3.7 Blackberry
14.3.8 BAE Systems
14.3.9 7 Layer Solutions
14.3.10 Sirius Computer Solutions
14.3.11 Sophos
14.3.12 Juniper Networks
14.3.13 Singtel
14.3.14 NowSecure
14.3.15 FireEye