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Vulnerability Management (VM) Market Share

Report ID: GMI10158
Published Date: Jul 2024
Report Format: PDF

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Vulnerability Management Market Share

Tenable and Qualys hold over 7% of the market share. Qualys is recognized for its comprehensive suite of IT asset and security management solutions, combining vulnerability management with IT asset management, patch management, and endpoint security.

Tenable is known for its flagship product, Nessus, offering solutions designed to help organizations identify, assess, and manage vulnerabilities across their IT environments. Both companies provide robust compliance and reporting features to help organizations meet regulatory requirements and internal policies.

Vulnerability Management Market Companies

Major players operating in the vulnerability management industry are:

Ivanti
McAfee
Microsoft
Rapid7
Symantec
Tenable
Tripwire
Qualys

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Industry size for vulnerability management was worth USD 15.9 billion in 2023 and is projected to expand at over 9.2% CAGR from 2024 to 2032, on account of the increasing cyber threats, regulatory compliance requirements and the growing need for proactive security measures to protect critical data and systems.

The solutions component segment in the vulnerability management market held over 68% share in 2023 and is anticipated to expand at significant rate from 2024 to 2032, due to the growing adoption of IoT devices, cloud computing, and digital transformation initiatives.

The large enterprise organization segment in the vulnerability management industry is estimated to amass over USD 23 billion by 2032, as these organizations are the prime targets of cyber attacks due to their extensive and complex IT infrastructure.

North America industry recorded 34% revenue share in 2023 and is estimated to grow at notable rate between 2024 and 2032, due to the well-established digital infrastructure in the region.