Global Security and Vulnerability Management Market : Growth Factors and Competitive Scenario till 2027

Security is the protection of the assets of an organization, using training and technology. Vulnerability includes the faults in the system that can result in an unauthorized access to the sensitive data. Security and vulnerability management is the process of identifying, classifying, and mitigating vulnerability in digital technology along with the security of the system.

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Security and vulnerability management is used by the organizations to reduce risk and monitor the security policy. Security and vulnerability management (SVM) make security solutions easier, simple, and cost-effective by increasing automation, nature of security within less consumption time, and high accuracy. Identification and elimination of threats are the prime advantages of the security and vulnerability market. However, the inability to identify dynamic threats is a limiting factor for the adoption of security and vulnerability management solutions.

The major player of this market are EMC Corporation, IBM Corporation, McAfee Inc., NetIQ Corporation, Tripwire Inc., Symantec Corporation, Skybox Security Inc., Alien Vault Inc, Qualys Inc., and Tenable Network Security.

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he security and vulnerability management market growth is identified by moderate competition, with presence of established international vendors. They are adopting strategies such as acquisition and mergers with niche players for the extension of their portfolio. For instance, Dell Inc. and EMC Corporation merged together to form Dell EMC, to offer an extended portfolio.

By organization size, the market is segmented into large and small & medium. Based on industry vertical, the global security and vulnerability market is segmented into banking, financial, and insurance (BFSI), aerospace & defense, energy & utility, healthcare, public sector, IT & telecom, retail, and others. The market segmentation on the basis of geography includes North America, Europe, Asia-Pacific, and LAMEA.

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