Security and Vulnerability Management Market worth $15.5 billion by 2025
According to a research report "Security and Vulnerability Management Market by Target, Deployment Mode
(Cloud and on-premises), Organization Size, Vertical (Information, Finance and Insurance, Healthcare and Social
Assistance, Utilities), and Region - Global Forecast to 2025" published by MarketsandMarkets, The global security
and vulnerability management market size is expected to grow from USD 12.5 billion in 2020 to USD 15.5 billion by
2025, at a Compound Annual Growth Rate (CAGR) of 4.5% from 2020 to 2025.
The growth in the market can be attributed to the increasing number of cyberattacks, growing cyber awareness
across developing economies, and rising mandates for adhering to regulatory compliances across organizations
operating in various verticals.
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By target, the content management system vulnerabilities segment to hold the largest market size in 2020
Content management systems are typically used for defining, sourcing, integrating, storing, and effectively
retrieving, and reconciling massive amounts of documents. Content management system vulnerabilities are being
increasingly exposed to exploitations due to the growing traction of these systems used across large enterprises to
manage their voluminous content on daily basis. On the other hand, growth of digitalization, eCommerce, Bring
Your Own Device (BYOD), and Work From Home (WFH) practices have increased the amount of content generated
in inter- and intra-organizations. The advent of globalization and internet age has made the world a smaller place
and has given rise to digital enterprises. The content generated can be regarded as the backbone for this digital
transformation. These trends are expected to spur the adoption of security and vulnerability management
solutions and services over the forecast years.
By deployment mode, the cloud segment to grow at a higher