1. What is the projected Compound Annual Growth Rate (CAGR) of the Device Vulnerability Management Market?
The projected CAGR is approximately 9.2 %.
Device Vulnerability Management Market by Component (Solutions, Services), by Device (Laptops, Desktops, Tablets, Smartphones), by Deployment (On-Premise, Cloud, Hybrid), by Enterprise Size (Large Enterprises, Small, Medium Enterprises), by Industry (BFSI, IT, Telecommunication, Retail, Energy, Utility, Government, Defense), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Device Vulnerability Management Market size was valued at USD 5.81 USD Billion in 2023 and is projected to reach USD 10.76 USD Billion by 2032, exhibiting a CAGR of 9.2 % during the forecast period. Device management means the identification of potential and existing security risks in computer devices, organizations’ servers, mobile phones, and other related gadgets. One major type is the network vulnerability which deals with linked systems and the software vulnerability which refers to defects in applications or operating systems. Some of these may include the following: Auto-scan normally scans vulnerable areas that may harbor evident threats Scan results whereby the program sends real-time notice to administrators of the occurrence of new threats. Further, vulnerability management entails the assessment and categorizing of risks by factors such as severity and likelihood of occurrence, as well as applying fixes to solve the problem. This is important for the security of the organization’s resources and compliance with security requirements as well as preventing cases of leakage or hacking. Good management contributes to the stability of the entire structure and its impermeability to external threats.
Component:
Device:
Deployment:
Enterprise Size:
Industry:
The device vulnerability management market is expected to continue to grow in the coming years. The increasing number of connected devices and the growing complexity of cyber threats will drive the demand for device vulnerability management solutions.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.2 % from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 9.2 %.
Key companies in the market include Tenable, Inc., Qualys, Inc., Rapid7, Inc., CrowdStrike, Inc., Symantec Corporation , McAfee, LLC, Fortinet, Inc., Palo Alto Networks, Inc., Check Point Software Technologies, Sophos Group plc.
The market segments include Component, Device, Deployment, Enterprise Size, Industry.
The market size is estimated to be USD 5.81 USD Billion as of 2022.
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The market size is provided in terms of value, measured in USD Billion.
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