The Security and Vulnerability Management Market is expected to rise at a CAGR of 11.3% from 2022 to 2027

The Security and Vulnerability Management Market refers to the technologies and services used to identify, assess, and prioritize potential security risks in an organization’s IT infrastructure, and to implement measures to mitigate those risks. This market is driven by the increasing number of cyber-attacks and the need for businesses to protect their sensitive data and systems.

Key products in this market include vulnerability assessment and management tools, threat intelligence and incident response solutions, and security information and event management (SIEM) systems. Major players in the security and vulnerability management market include Symantec, McAfee, TrendMicro, and RSA, among others.

The market for security and vulnerability management is expected to be valued at US$ 2.5 billion in 2022 and grow at a CAGR of 11.3% to reach US$ 4.2 billion by the end of 2027. 5% of the worldwide cybersecurity market is made up of products and services for security and vulnerability management. To build efficient security solutions for their operational infrastructure, businesses are enhancing their threat intelligence and risk management operations with security and vulnerability management companies.Global Security and Vulnerability Management Market: Dynamics Impacting Growth

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Global Security and Vulnerability Management Market: Forecast by Region

The seven key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA have been covered in this report. In terms of value, North America is projected to be the most attractive regional market in the global security and vulnerability management market during the forecast period. However, the market in APEJ is expected to register high Y-o-Y growth rates throughout the forecast period. The market in APEJ is projected to exhibit relatively faster growth in terms of value, and is expected to register a CAGR of 13.3% over the forecast period.

Global Security and Vulnerability Management Market: Forecast by Component

On the basis of components, the global security and vulnerability management market is segmented into software and services. In 2016, the software segment was the dominant segment, valued at US$ 4,774.6 Mn, and is expected to remain dominant in terms of value throughout the forecast period. However, the services segment is expected to exhibit relatively high growth rates in terms of value and is anticipated to exhibit a CAGR of 13.6% over the forecast period.

Key Segments of Security and Vulnerability Management Industry Survey

Security and Vulnerability Management Market by Component:

• Security and Vulnerability Management Software

• Security and Vulnerability Management Services

Security and Vulnerability Management Market by Enterprise Type:

• Security and Vulnerability Management for Small Enterprises
• Security and Vulnerability Management for Medium Enterprises
• Security and Vulnerability Management for Large Enterprises

Security and Vulnerability Management Market by Vertical:

• Security and Vulnerability Management in IT and Telecom
• Security and Vulnerability Management in Retail
• Security and Vulnerability Management in Government
• Security and Vulnerability Management in BFSI
• Security and Vulnerability Management in Healthcare
• Security and Vulnerability Management in Utility
• Security and Vulnerability Management in Defence
• Others

Security and Vulnerability Management Market by Region:

• North America Security and Vulnerability Management Market
• Latin America Security and Vulnerability Management Market
• Europe Security and Vulnerability Management Market
• East Asia Security and Vulnerability Management Market
• South Asia & Pacific Security and Vulnerability Management Market
• Middle East & Africa (MEA) Security and Vulnerability Management Market

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Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

2.3. Market Snapshot

3. Market View Point

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Value chain Analysis

3.4. Key Regulations

3.5. Market Challenges

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