Security and Vulnerability Management Market Size, Share, Trends & Growth Forecast to 2033

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Security and Vulnerability Management Market Size

The global security and vulnerability management market size was valued at USD 16.08 billion in 2024 and is projected to grow from USD 17.13 billion in 2025 to USD 28.44 billion in 2033, exhibiting a CAGR of 6.54% during the forecast period (2025-2033).

The global security and vulnerability management market is rapidly expanding as organisations across industries intensify their focus on cybersecurity amid escalating cyber threats and regulatory compliance requirements. Increasing digitisation, the adoption of cloud computing, and the proliferation of IoT devices have significantly broadened the attack surface, prompting enterprises to invest heavily in vulnerability management solutions that enable proactive risk detection and mitigation. Automated vulnerability scanning, continuous monitoring, and AI-powered threat intelligence are becoming indispensable for real-time identification of system weaknesses and patch prioritisation.

Furthermore, rising cyberattacks such as ransomware, phishing, and data breaches have heightened the urgency for robust security frameworks. Regulatory mandates such as GDPR, CCPA,…

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