The global security and vulnerability management market size is expected to reach $20.1 billion by 2027, rising at a market growth of 7.1% CAGR during the forecast period, according to ResearchAndMarkets.
Security and vulnerability management refers to the process of identifying, analyzing, and eliminating vulnerabilities in networking hardware or software. In the past few years, this system has emerged as a crucial component for security in companies. Vulnerability management system takes help of test systems and technology to expose weak points and security flaws, thereby enabling the customers to know and quantify the loopholes in the network and to avoid undesirable weak points.
Growing adoption of IoT and cloud trends, high monetary losses due to the dearth of these solutions, integration of latest technologies like artificial intelligence & machine learning with security and vulnerability management solutions are indicative for the future growth of these solutions. Moreover, rise in vulnerabilities across the world, and strict regulatory standard & data privacy compliances are some of the key factors accountable to drive the growth of the security and…
