According to a new report published by Future Market Insights titled “Security and Vulnerability Management Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” the global security and vulnerability management market was valued at US$ 5,749.5 Mn in 2016 and is projected to reach US$ 20,665.9 Mn by 2027 end. The primary reasons behind this growth are the positive outlook towards escalating demand for next-generation security and vulnerability management solutions and collaboration with cloud service providers. The report on the global market for security and vulnerability management covers various market segments such as region, component, enterprise type, and vertical.
Although small and medium enterprises (SMEs) have greatly benefited from the digital revolution, this paradigm shift has also made them increasingly vulnerable to cyber-attacks. Considering the SMEs possess significant digital assets and information, their security and vulnerability management frameworks do not match to that of large enterprises, often translating in SMEs going out of business. Moreover, SMEs being governed by the same set of regulations as the large enterprises, sans the resource and budget puts them in a tough spot.
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The SMESEC consortium developed a cost-effective cybersecurity framework for the SMEs to help them identify security treats and implement secure and innovative management strategies to protect their businesses. SMEs, specifically in developing economies are steadily adopting security and vulnerability management solutions, considering its significant impact on their operational costs.
Market Segmentation
By Vertical
- IT and Telecom
- Retail
- Government
- BFSI
- Healthcare
- Utility
- Defence
- Others
By Component
- Software
- Services
By Enterprise Type
- Small Enterprises
- Medium Enterprises
- Large Enterprises
By Region
- North America
- Latin America
- Eastern Europe
- Western Europe
- APEJ
- Japan
- MEA
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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
4. Market Background
4.1. Security and Vulnerability Management Solution – Technology Evolution
4.2. Key Players filed maximum number of patents
5. Global Security And Vulnerability Management Market Overview
5.1. Market Size and Y-o-Y growth
5.2. Absolute $ Opportunity
6. North America Security and Vulnerability Management Market Analysis 2012–2016 and Forecast 2017–2027