Security and Vulnerability Management Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global Security and Vulnerability Management market size is expected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rules & regulations by government, increasing cyber awareness among the people, growing number of cyber attacks, and high growth in cloud computing.
Security and vulnerability management is a process to identify, evaluate, treat, and report on the security vulnerabilities happening in systems and also the software running on them. It is a technological weakness, which allows the attackers to compromise the information and products it has. Security and vulnerability management is implemented with the other security tactics and it is very important for the organizations to prioritize the threats and reduce their attack surface. It is a continuous process that has to be performed to keep with the changes happening in the systems, new systems & software that are added to the networks, and finding of new vulnerabilities over time. The different devices are used in the software and systems to detect risk so, the decisions could be made to treat the risks. The main advantage of security and vulnerability management market is to indentify & eliminate the threat.
Market Trends, Drivers, Restraints, and Opportunities
Increasing vulnerability across the world is projected to push the market expansion in the coming years. Rising digital transactions has increased frequency of the cybercrimes are main factor propelling the market growth.