The Europe Security and Vulnerability Management Market would witness market growth of 6.3% CAGR during the forecast period (2021-2027).
The security and vulnerability solutions offer a window to its users where the risk could be detected as well as analyzed. Moreover, companies in the IT era are focusing on integrating third party platforms due to which, companies require a tight security solution that can detect and handle threats by using new approaches. This factor is expected to surge the demand for security and vulnerability solutions.
Mobile, big, social, and cloud data are the main four pillars of the third platform. In the present situation, companies are at high risk as security breaches have increased after the integration of third parties wherein automated vulnerability solutions play a vital role in providing security to the data. In addition, big data and cloud computing are giving birth to new types of vulnerabilities and hence threat management systems are likely to witness massive demand. In recent years, the demand for vulnerability management solutions has been fueled due to stringent regulations imposed by government & industry and design weakness & flaws.
The security and vulnerability management market in Europe is showcasing prominent growth. In addition, a rising number of risks, strict regulations by the government, and the integration of the latest technologies are some of the factors bolstering the growth of the market. The adoption of these solutions helps companies in obtaining efficient results in real-time while mitigating the threats from the system. These solutions also constantly monitor businesses to keep them safe from cybercriminals.
Moreover, the involvement of third business parties has increased the risk of data breaches. Also, email phishing attacks have surged since the emergence of the COVID-19 pandemic in this region. Thus, the security and vulnerability management market are anticipated to witness high growth during the forecasting period.
The Germany market dominated the Europe Security and Vulnerability Management API Vulnerabilities Market by Country 2020, thereby, achieving a market value of $234.4 million by 2027. The UK market is exhibiting a CAGR of 4.5% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 6% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Type, the market is segmented into Content Management Systems Vulnerabilities, API Vulnerabilities, IoT Vulnerabilities, and Others. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into IT & Telecom, BFSI, Retail, Healthcare, Manufacturing, Energy & Utility, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Security and Vulnerability Management Market Size will Hit $20.1 Billion by 2027, at a CAGR of 7.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tenable®, Inc., F-Secure Corporation, Skybox Security, Inc., IBM Corporation, Qualys, Inc., Rapid7, Inc., Check Point Software Technologies Ltd., Digital Defense, Inc. (HelpSystems, LLC), Tripwire Inc. (Belden, Inc.), and AT&T Cybersecurity (AT&T, Inc.).
By Component
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By Deployment Type
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