About Device Vulnerability Management
The device vulnerability management is the process involved in identifying, evaluating, correcting, and reporting potential security vulnerabilities and risks in devices and software. Recognizing the vulnerability and potential risks mitigate the threats and attacks on the systems of the organization. The device vulnerability management is done by either software or systems by automatically scanning and detecting the threats and treating it along with providing security to networks.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Device Vulnerability Management is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preferences of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Device Vulnerability Management market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), Hewlett Packard Enterprise Company (United States), Dell Technologies (United States), Splunk Inc. (United States), Qualys, Inc. (United States), McAfee, LLC (United States), Rapid7 (United States), Greenbone Networks (Germany), Tripwire, Inc. (United States) and GFI Software (Malta) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Device Vulnerability Management market by Type (Application & Device Vulnerability Assessment, Patch Management, Firewall & Safety Management, Event Management & Security Management and Others) and Region.
On the basis of geography, the market of Device Vulnerability Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Solutions will boost the Device Vulnerability Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Device Vulnerability Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Device, the sub-segment i.e. Servers will boost the Device Vulnerability Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Device Vulnerability Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Intelligent Technology is Increasingly Used in the Device Vulnerability Management
Market Growth Drivers:
Demand for Mitigating the Risk of Vulnerability Associated Issues Like Cyber Threats and Data Theft and Need for Managing the Vulnerabilities in the Devices Used in Organisation as it Consists of a Large Amount of Data
Challenges:
Network Related Issues with the Device Vulnerability Management
Restraints:
Lack of Device Vulnerability Management Infrastructure in Small-medium Size Enterprises
Opportunities:
Stringent Regulatory Guidelines on the Device Vulnerability Management and Rising Spenidngs of Companies on Device Vulnerability Management
Market Leaders and their expansionary development strategies
On 19th November 2019, Qualys, Inc., a pioneer and leading provider of cloud-based security and compliance solutions, announced its new Vulnerability Management, Detection, and Response (VMDR) app to provide customers with one streamlined workflow to scan, investigate, prioritize and neutralize threats. and On 11th Dember 2019, Greenbone Networks, a leading provider of vulnerability management solutions, announced its launching of a new service platform that will enable its UK channel partners to offer customers vulnerability management (VM) as a fully managed service.
Key Target Audience
Device Vulnerability Management Providers, Device Vulnerability Management Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.