Device Vulnerability Management Market Beating Historical Challenges, What's Next

According to new research study on "Device Vulnerability Management Market," the report delivers comprehensive insights into the market's size, share, trends, and analysis. It encompasses a wealth of information regarding the industry's overview, growth patterns, demand dynamics, and global forecasts. Additionally, the report meticulously evaluates the competitive landscape, offering detailed profiles of key market players. Factors driving growth, market constraints, and recent industry developments are thoroughly examined within the report to provide a more profound understanding of the industry.
Advantage of requesting Sample PDF Report Before purchase to know about:
• Segmenting breakdown data by regions, types, manufacturers, and applications.
• Analysing and evaluating the current and future global status of market, encompassing production, revenue, usage, historical data, and forecasts.
• Identifying significant trends, drivers, and influencing factors on a global and regional scale.
• Presenting key manufacturers, their production, revenue, market share, and recent developments.
• Examining competitive advancements such as expansions, agreements, new product launches, and acquisitions in the market.
• Exploring the market potential and advantages in both global and key regional areas, assessing opportunities, challenges, limitations, and risks.

Device Vulnerability Management Market is valued approximately at USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2023-2030. Device vulnerability management, also known as vulnerability management or vulnerability assessment, is the process of identifying, assessing, and mitigating vulnerabilities in computer systems, networks, and devices. It involves a systematic approach to proactively discover, analyze and address security weaknesses that could be exploited by attackers to gain unauthorized access, compromise data, or disrupt systems. The major driving factors boosting the market growth is increasing cases of cyber-crimes, rapid growth in cloud computing and increasing investment in data security and privacy initiatives by the government organizations.

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According to estimations from Statista's Cybersecurity Outlook, the cost of cybercrime globally is expected to increase over the next five years, going from USD 8.44 trillion in 2022 to USD 23.84 trillion by 2027. To prevent cybercrimes, the demand in cloud computing will increase. According to Statista, it was predicted that the cloud computing industry would earn over USD 400 billion in sales in 2022, and currently showing very little sign of slowing down. Cloud computing refers to the usage of networks of remote servers that are typically accessed through the internet in order to store, manage and process data. Moreover, the growing mobile market with internet and progressive innovative solutions for cyber security will create abundant opportunities for the market growth. However, the lack of awareness about the benefits of device vulnerability management stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Device Vulnerability Management Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the huge demand resulting from the requirement to protect device data and is expected to follow a similar pattern during the projection period. However, Asia Pacific is expected to become the fastest growing during the forecast period, because adoption of cloud-based technology has increased over the expected time frame. Emerging economies such as China and India are predicted to expand rapidly as a result of technology advancement.

Major market player included in this report are:
Hewlett Packard
IBM Corporation
EMC Corporation
Intel Security (McAfee)
Symantec Corporation
GFI Software
OpenText Corporation (NetIQ)
Qualys Inc.
Tripwire, Inc.
Rapid7Inc.

Recent Developments in the Market:
In May 2023, HPE and Tokyo Tech collaborated to build the TSUBAME4.0 supercomputer for artificial intelligence, research, and innovation.
In May 2023, IBM launched a $100 million partnership with international universities to develop novel technologies for a 100,000-Qubit quantum-centric supercomputer.

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Type:
Solutions
Services

By End-User:
Small & Medium-sized Enterprises (SMBS)
Enterprises

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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Report Components
Market Overview: This section encapsulates the current market scenario and the industry's scope. A comprehensive segmental analysis is detailed, covering major segments such as product types, applications, and regions. Revenue and sales forecasts are also a part of this overview.
Competitive Landscape: Shedding light on the market's competitive landscape, this segment delivers a detailed manufacturer analysis, providing insights into individual players' revenue and sales figures. Additionally, it encompasses significant mergers, acquisitions, and industry investments.
Regional Analysis: Offering an overview of market revenue, sales, and shares across major regions and sub-regions, this section also delves into the pricing structure, sales growth rate, and other essential estimations.
Company Profiles: This section furnishes strategic business data about key firms operating within the Market landscape. It encompasses product specifications, revenue shares, and portfolios of these major companies.
Research Methodology: The research methodology involves the collection, filtration, and analysis of data by expert analysts. The research process also includes interviews with the right stakeholders, making primary research both relevant and practical. The secondary research casts a brief look into the supply chain analysis. The primary and secondary research techniques used in the report ensure a thorough analysis of the market.
Key Questions Market Research and Analysis Report
What is the current market size, both in terms of value and volume?
What is the historical growth rate of the market, and what are the projected growth rates for the future?
Who are the major players in the market, and what is their market share?
What are the market trends and dynamics influencing the industry?
What are the key drivers of market growth?
What are the challenges and barriers faced by market participants?
What are the emerging opportunities in the market?
What is the competitive landscape of the market?
What are the consumer preferences, behaviours, and buying patterns within the market?
What is the market segmentation, and how are different market segments performing?
What are the pricing trends and strategies in the market?
What are the distribution channels and their effectiveness in reaching the target audience?
What are the regulatory and legal factors impacting the market?

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