Device Vulnerability Management Market Report: Trends, Forecast and Competitive Analysis to 2030

Device Vulnerability Management Trends and Forecast

The future of the global device vulnerability management market looks promising with opportunities in the retail, banking, IT & telecom,financial services, government, health care, energy & utilities, and defense markets. The global device vulnerability management market is expected to reach an estimated $16.48 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are due to an increase in cyberattacks and an increase in internet usage, rising usage of cloud computing, and the rise of BYOD technologies.

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Device Vulnerability Management by Segment

The study includes a forecast for the global device vulnerability management by deployment, component, end use industry, and region.

Device Vulnerability Management Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:

• On-Premise
• Cloud

Device Vulnerability Management Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Service
• Solution

Device Vulnerability Management Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Retail
• Banking
• IT & Telecom
• Financial Services
• Government
• Health Care
• Energy & Utilities
• Defense
• Others

Device Vulnerability Management Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Device Vulnerability Management Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies device vulnerability management companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the device vulnerability management companies profiled in this report include-

• Packard
• McAfee
• Micro Focus
• IBM
• Qualys
• GFI Software
• Symantec
• EMC
• Tripwire
• Rapid7

Device Vulnerability Management Market Insights

Lucintel forecasts that cloud segment will remain the largest segment over the forecast period due to highly sensitive data vulnerable to cyber attacks.

Within this market, defense will remain the largest segment due to strict enforcement of rules and regulations by law officials and government sectors.

APAC is expected to witness highest growth over the forecast period due to integration of new technologies and the rise of numerous small and medium enterprises in this region.

Features of the Global Device Vulnerability Management Market

Market Size Estimates: Device vulnerability management market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Device vulnerability management market size by deployment, component , end use industry, and region in terms of value ($B).

Regional Analysis: Device vulnerability management market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different deployment, component , end use industry, and regions for the device vulnerability management market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the device vulnerability management market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the device vulnerability management market size?

Answer: The global device vulnerability management market is expected to reach an estimated $16.48 billion by 2030.

Q2. What is the growth forecast for device vulnerability management market?

Answer: The global device vulnerability management market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the device vulnerability management market?

Answer: The major drivers for this market are due to an increase in cyberattacks and an increase in internet usage, rising usage of cloud computing, and the rise of BYOD technologies.

Q4. What are the major segments for device vulnerability management market?

Answer: The future of the device vulnerability management market looks promising with opportunities in the retail, banking, IT & telecom,financial services, government, health care, energy & utilities, and defense markets.

Q5. Who are the key device vulnerability management market companies?

Answer: Some of the key device vulnerability management companies are as follows.

• Packard
• McAfee
• Micro Focus
• IBM
• Qualys
• GFI Software
• Symantec
• EMC
• Tripwire
• Rapid7

Q6. Which device vulnerability management market segment will be the largest in future?

Answer: Lucintel forecasts that cloud segment will remain the largest segment over the forecast period due to highly sensitive data vulnerable to cyber attacks.

Q7. In device vulnerability management market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to integration of new technologies and the rise of numerous small and medium enterprises in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the device vulnerability management market by deployment (on-premise and cloud), component (service and solution), end use industry (retail, banking, IT & telecom, financial services, government, health care, energy & utilities, defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?