Evolving threat landscape fuels growth in vulnerability management
The global vulnerability management market is forecast by Frost & Sullivan to reach $973.9 million in 2018, up from $528.6 million in 2013.
Growth will be fueled by enterprises confronting increased attacks against their networks and an ever-evolving threat landscape.
"The growth in vulnerability management reflects the constant drumbeat of internal and external changes companies face in protecting their networked assets. Global demand will continue to increase as the nature of cyberattacks change, harvesting smaller businesses and becoming more personalized to penetrate even the most security-conscious organization," says Christopher Kissel, network security industry analyst at Frost & Sullivan.
"In the bring-your-own device world, where every new device that connects to a network can be an unwitting threat-agent, not only must vulnerability management platforms recognize threats but they must also continuously fingerprint the devices that are active on the network. In addition, the larger security posture must address web applications and secure software," says Frost.
Qualys remains the market share leader in vulnerability management appliances, while McAfee is losing market share to hard-charging vendors. Recent investments and acquisitions by Tenable, Rapid7, Tripwire and BeyondTrust threaten market leaders.
"The essence of vulnerability management can be spun in many ways. The ability to fingerprint devices can be leveraged to include security information and event management reporting for a more robust platform, while compliance reporting can be formatted to address the needs of different teams, including the IT department and independent auditors," concludes Kissel.
- check out the Frost & Sullivan release
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