Growing Adoption Of Cloud Computing Fuels Security And Vulnerability Management Market Expansion : Key Factor Driving The Growth In The Security and Vulnerability Management Market

The Security and Vulnerability Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Security and Vulnerability Management Market Size Expected to Be by 2034?
There has been consistent growth in the size of the security and vulnerability management market over the past few years. The market is predicted to expand from a value of $13.98 billion in 2024 to $14.53 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.0%. The historical growth of the market is due to factors such as early cyber threats, regulatory measures, an increase in network complexity, the proliferation of the Internet, the transition to digital businesses, and instances of data breaches.

The size of the security and vulnerability management market is predicted to experience a significant surge in the upcoming years. The market is estimated to expand to $22.05 billion by 2029, presenting a compound annual growth rate (CAGR) of 11.0%. The predicted increase during the forecast period is linked to issues such as a lack of skilled cybersecurity professionals, the growth of zero trust adoption, the progression of ransomware, concerns over supply chain security, and breakthroughs in AI and automation technology. Key trends expected during this forecast period include a deficient in cybersecurity skills, an increase in cyber threat complexity, compliance with regulatory standards, alterations in remote work patterns, migration towards cloud-based systems, and the expansion of the IoT.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5931

What Are the Emerging Segments Within the Security and Vulnerability Management Market?
The security and vulnerability management market covered in this report is segmented -

1) By Component: Software, Services
2) By Organization Size: Small and Medium Scale, Large Scale
3) By Target: Content Management System Vulnerabilities, API Vulnerabilities, Internet of Things (IoT) Vulnerabilities, Other Targets
4) By Application: Banking, Financial Services And Insurance (BFSI), Government and Defense, Healthcare, IT and Telecom, Retail, Other Applications

Subsegments:
1) By Software: Vulnerability Assessment Tools, Security Information And Event Management (SIEM) Software, Patch Management Solutions, Configuration Management Software, Threat Intelligence Platforms
2) By Services: Consulting Services, Managed Security Services, Incident Response Services, Security Training And Awareness Programs, Compliance Management Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5931&type=smp

What Long-Term Drivers Are Shaping Security and Vulnerability Management Market Trends?
The expansion of cloud computing usage is predicted to fuel the security and vulnerability management market's growth. This involves offering computing services such as storage and software on an as-needed basis over the internet, enabling companies to access resources in a flexible manner without the requirement for physical infrastructure. Cloud computing is becoming more popular due to its ability to provide businesses with flexibility, cost-efficiency, scalability, and access to potent resources without the obligation to invest in or upkeep a physical infrastructure. In the field of security and vulnerability management, cloud computing is utilized to deliver scalable tools and services capable of monitoring, detecting, and responding to possible threats and vulnerabilities in real time. For example, the European Commission, a government organization based in Belgium, stated in April 2024 that 77.6% of large companies reported the use of cloud computing services in 2023, marking an increase of 6 percentage points since 2021. Medium-sized enterprises' adoption of cloud services also rose from 53% in 2021 to 59% in 2023. Small businesses also increased their usage by 3.8 percentage points, achieving 41.7% during the same timeframe. Consequently, the increasing utilization of cloud computing is driving the advancement of the security and vulnerability management market.

Who Are the Top Competitors in Key Security and Vulnerability Management Market Segments?
Major companies operating in the security and vulnerability management market include Dell Technologies Inc., International Business Machines Corporation, Broadcom Inc., F-Secure Corporation, Fortinet Inc., Check Point Software Technologies Ltd., McAfee Inc., Proofpoint Inc., Rapid7 Inc., Qualys Inc., AT&T Cybersecurity Inc., Foreseeti AB, Positive Technologies Company, Tenable Inc., Claroty Ltd., Alert Logic Inc., Tripwire Inc., Skybox Security Inc., NetIQ Corporation, Expanse Inc., Outpost24 AB, Balbix Inc., Digital Defense Inc., SecPod Technologies Private Limited, Brinqa LLC, Holm Security AB, Acunetix Limited, RiskIQ Inc., Kenna Security Inc., Breachlock Inc.

What Are the Major Trends Shaping the Security and Vulnerability Management Market?
The emergence of advanced technology has become a prominent trend in the security and vulnerability industry. Major businesses within this industry are prioritizing the development of innovative products and applications to solidify their standing in the market. For instance, in May 2022, New Relic, an observability firm based in the US, introduced the New Relic Vulnerability Management. This service will allow companies to detect and rectify security threats more efficiently and accurately. To thoroughly manage security and risk, all members of a software team, including security engineers, could make use of New Relic as their main platform to gather native and third-party security information across the entire software framework. Through the use of mappings and correlations, engineers could observe, debug, and ensure the security of the entire software stack more efficiently while minimizing the overall risks.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/security-and-vulnerability-management-global-market-report

Which Regions Are Becoming Hubs for Security and Vulnerability Management Market Innovation?
North America was the largest region in the security and vulnerability management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security and vulnerability management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Security and Vulnerability Management Market?
2. What is the CAGR expected in the Security and Vulnerability Management Market?
3. What Are the Key Innovations Transforming the Security and Vulnerability Management Industry?
4. Which Region Is Leading the Security and Vulnerability Management Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.