Global Threat and Vulnerability Management Market Revenue to Reach $5.3 Billion

ABI Research Forecasts Upward Market Data Trends from 2015 to 2020

Oyster Bay, New York - 17 Nov 2015

In a recent market study conducted by ABI Research, a leader in technology market research, data trends show that the global threat and Vulnerability Management (VM) market is expected to grow from US$5.3 billion in 2015 to $8.6 billion in 2020. The report aims to uncover industry implications behind newly discovered security vulnerabilities while also assessing threat and VM solutions and their role in overall enterprise security.

Read ABI Research’s Threat and Vulnerability Management report.

“Each day, organizations are deluged with warnings about newly discovered security vulnerabilities,” says Monolina Sen, Senior Analyst in Digital Security at ABI Research. “While well-known security flaws, such as Heartbleed, affected industries globally, lesser-known vulnerabilities have just as much impact on critical systems in a particular enterprise.”

Sen further reports that the increasing use of next generation technologies, like cloud computing and big data, are bound to introduce new vulnerabilities. According to the market study, SaaS (software as a service) providers have the highest number of vulnerabilities on average, followed by the financial services industry.

Additionally, the report identifies two key factors that led to the demand for threat and VM solutions:

  • Impact of Design Flaws and Weaknesses: These affect a software vendor’s reputation, as well as a supplier’s bottom line, as frequent patches represent a major financial burden.
  • Government and Industry Regulation Mandates: Groups such as HIPAA (the Health Insurance Portability and Accountability)/HITECH (Health Information Technology for Economic and Clinical Health), PCI DSS (PCI Data Security Standard) and Sarbanes-Oxley (SOX) mandate rigorous VM practices.

“VM is key to attaining risk management goals,” continues Sen. “It provides policy and compliance context, and it mines the network for vulnerability information, remediation opportunities, and ultimately, provides a comprehensive view of enterprise risk.”

The VM market covers a wide area of solutions that function as the backbone of the security organization. The ideal VM solution would include capabilities for asset management, vulnerability assessment, configuration management, patch management, remediation, reporting and monitoring. It would also integrate well with third-party technologies. Leading vendors providing VM solutions include Tenable Network Security, Qualys, Core Security, IBM, Rapid7, AlienVault, Tripwire, Skybox Security, HP, Intel Security, EMC, Symantec, Secunia and more.

These findings are part of ABI Research’s Cybersecurity Technologies Research Service, which includes research reports, market data, insights, and competitive assessments. 

About ABI Research

For more than 25 years, ABI Research has stood at the forefront of technology market intelligence, partnering with innovative business leaders to implement informed, transformative technology decisions. The company employs a global team of senior analysts to provide comprehensive research and consulting services through deep quantitative forecasts, qualitative analyses and teardown services. An industry pioneer, ABI Research is proactive in its approach, frequently uncovering ground-breaking business cycles ahead of the curve and publishing research 18 to 36 months in advance of other organizations. In all, the company covers more than 60 services, spanning 11 technology sectors. For more information, visit www.abiresearch.com.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.

ABI Research提供开创性的研究和战略指导,帮助客户了解日新月异的技术。 自1990年以来,我们已与全球数百个领先的技术品牌,尖端公司,具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact ABI Research

Media: Interview an Analyst

Media Contacts

Americas: +1.516.624.2542
Europe: +44.(0).203.326.0142
Asia: +65 6950.5670