Patch Management Market Size, Share, Outlook And Growth Opportunities 2022-2027

The Patch Management Market research provides an in-depth analysis of industry dynamics, the competitive landscape, segments, and geographies to assist readers have a better understanding of the market. It focuses on market fluctuations, pricing structures, uncertainties, possible hazards, and development possibilities in order to assist firms in developing effective strategies for success in the Patch Management industry. It also offers participants to acquire comprehensive insights into top leading company development and industry progress in market.

The global patch management market size is expected to grow from USD 589 million in 2022 to USD 979 million by 2027, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period.

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Industry top leading players are:

IBM, Symantec, Micro Focus, Qualys, SolarWinds, Ivanti, ManageEngine (Zoho Corp.), ConnectWise, Avast, ITarian, Automox, Microsoft, GFI Software (Aurea SMB Solutions), Jamf, Chef Software, SysAid Technologies, PDQ.com Corporation, Kaseya, LogMeIn, Quest Software, Datto, Inc., Autonomic Software, Verismic Software, Ecora Software

Recent Developments:
In April 2019, SolarWinds enhanced its SolarWinds MSP product portfolio by adding patch management for Mac capabilities. This capability is embedded with built-in checks and automated maintenance tasks, including a unique managed patch solution, and the ability to use templates or custom scripts, thereby, offering a seamless experience for monitoring, managing, and protecting Mac devices across customer environments.
In February 2019, IBM partnered with Qualys to integrate Qualys’s patch management solution with IBM’s X-Force Red’s vulnerability management services. This integration is expected to enable IBM to automate vulnerability prioritization and patching, which will reduce the time for vulnerability remediation.
In February 2019, Micro Focus acquired Interset, an Machine Learning (ML) and User and Entity Behavior Analytics (UEBA) application provider. This acquisition is expected to strengthen the cybersecurity portfolio of Micro Focus by leveraging key attributes of Interset’s technology, which include ML and advanced-analytics models, to supplement its big data analytics software Vertica and add more value to its ArcSight Security Information and Event Management (SIEM) correlation engine.
In February 2019, Qualys launched Patch Management, a cloud-based application that provides automated patch deployment capabilities and orchestrates full life cycle vulnerability management of OS and third-party software across global hybrid environments.

Patch Management Market Segmentation:

Patch Management market Segmentation By Type:

Patch Management Software

    Patch Management Services

Patch Management market Segmentation By Application:

BFSI

Government and Defense

 Retail

Healthcare

 IT and Telecom

Education

Others

patch management market overview:

The global patch management market size is expected to grow from USD 589 million in 2022 to USD 979 million by 2027, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. The increasing vulnerabilities to promote patch management solutions and increasing deployment of third-party applications are the major factors driving the growth of the patch management market. Application compatibility and patch testing issues are some of the challenges.

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Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Patch Management Market

– Comprehensive assessment of all opportunities and risk in the Market.

– Changing market dynamics of the industry

– In-depth understanding of Market market-particular drivers, constraints and major micro markets.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– In-depth market segmentation by Type, Application etc

– Competitive landscape of Patch Management Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Patch Management industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2022-2027)?
What could be the anticipated value of the Patch Management marketplace in the during the forecast period?

The research includes historical data from 2016 to 2022 and forecasts to 2027, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.

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 Finally, the Patch Management Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Patch Management industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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