Global Security and Vulnerability Management Market Size 2021 Share, Growth By Top Company, Business Opportunity, Regional Analysis, Application, Driver, Trends & Forecasts By 2030

In a recent published report, Global Security and Vulnerability Management Market report for till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Security and Vulnerability Management Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Security is protecting the information property through technology, whereas vulnerability is any shortcomings in the software code that allows intrusion from unofficial users. Most of the organizations implement Security and Vulnerability management (SVM) to audit and create a security policy, consolidating the information of risk management. In order to alleviate the risk of attacks on storage & network connectivity security and vulnerability management plays a vital role in the organizations. The security management is integrated with IT infrastructure of an organization to control the risk of IT systems. SVM also provide cost-effective solutions by increasing nature of security, effectiveness, and automation for simplifying the complexity of multiple security solutions. Over the years Security and vulnerability vendors have considerably enhanced the products due to their important applications in the organizations such as real-time penetration testing etc.

End-user/Technology
There is a demand in organizations for the smart tools to protect data from attacks and also identifying its possibilities and remedies. Since data became critical for the organizations almost all the organized industries are using the Security and vulnerability management tools for safeguarding their sensitive information.

Market Dynamics
Vulnerability management is one of those IT security sectors which is growing rapidly. The increasing cyber-attacks, the government compliances on data security and the rise in adoption of cloud computing are the driving factors for the market growth of Security and Vulnerability management market. There are vulnerabilities in almost all IT systems that leave a scope for attacks and hence every organization is forced to implement the SVM tools.

Market Segmentation
The Global SVM market is segmented as follows:
By types of service:
Consulting
Integration
Support
By Size:
Large enterprise
Medium enterprise
Small enterprise
By End-user:
BFSI
Healthcare
Government
Transportation
Retail
Energy

Regional Players
North America is the dominant player in the Security and vulnerability market and the Asia-Pacific is promising markets in the future with the increased IT services enabled companies coming up.

Opportunities
The flaws in the network design and increasing Government regulations on data security provides opportunities for the SVM vendors to bring cost-effective solutions to get a competitive advantage. The upgradation of the SVM tools is must for the organizations as the attackers are using updated techniques to steal the data. The implementation and maintenance of the security and vulnerability management is expensive and hence the vendors gets the competitive advantage by developing cost effective SVM tools.

Key Players
Some of the key players in the Global Security and Vulnerability Management market are:
Mc Afee, Tripwire, EMCCorporation, International Business, Machines Corp, NetIQ, HP Inc and others
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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