Global security and vulnerability management market is projected to witness a CAGR of 7.12% during the forecast period 2025-2032, growing from USD 16.76 billion in 2024 to USD 29.06 billion in 2032. The market for global security and vulnerability management will experience expansion owing to an increase in sophisticated cyberattacks and digital environments continue to grow across cloud, IoT and mobile platforms. More stringent standards, such as GDPR, force companies to be more secure, and AI enables not only improved detection but also more rapid response. Rising awareness regarding security threats to cyberspace and growth in IT infrastructure also induces the demand for these solutions.

The global security and vulnerability management market consists of tools and services that identify and fix weaknesses in a company’s computer systems and networks to help organizations fend off hackers. As the enterprise uses more cloud services, mobile devices and connected technology, it is also increasingly exposing itself to more cyber risks. These are apps that regularly scan for and help resolve security issues. The market is booming because cyberattacks are booming, and laws around data protection are getting stricter. It is easier to detect and mitigate such risks sooner with modern technologies, including artificial intelligence. That is why different sectors such as banking, healthcare and government leverage these services to keep sensitive data safe and maintain the integrity of their systems.

For instance, in January 2025, Absolute Software Corporation offered an enterprise endpoint security product under the Enterprise Edition name. This offer combines advanced capabilities, including patch management, vulnerability fixing, and ransomware protection. The platform is designed to increase cyber resiliency, automate security processes and maintain continuous compliance for endpoint data across multiple environments.

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Rising Involvement in Cyber-Attacks Leads to Global Market Growth

The increasing number of cyberattacks is one of the significant factors contributing to the growth of the security and vulnerability management Market. The cybercriminals are growing increasingly sophisticated, leveraging advanced attack vectors such as ransomware, phishing, and zero-day exploits to infiltrate corporate systems. These attacks can come with a hefty price tag, including a financial one, their data, or damage to the reputation of the business which is why businesses must keep checking to find the weaknesses and vulnerabilities within their systems that can be an easy attack point for hackers. Vulnerability management tools allow companies to scan their networks, applications and devices to spot holes in their defenses early. By identifying these risks early, companies can correct weaknesses before hackers exploit them, driving the market demand. Furthermore, companies in the market are announcing different market growth strategies to address the rising demand and decreasing the number of cyber-attacks.

For example, in June 2024, Tenable Holdings, Inc. and Deloitte Touche Tohmatsu Limited entered a strategic partnership to help customers with extended exposure administration. These two companies are providing clients with complete visibility and risk-based prioritization across their digital and operational technology to help inform proactive vulnerability management.

Strict Data Protection Laws Fuel the Global Security and Vulnerability Management Market Demand

Stringent data protection laws implemented across the globe are also a key factor driving the growth of the security and vulnerability management market. Laws such as the European Union’s GDPR, US HIPAA, and other regional laws mandate businesses to take care to protect sensitive customer as well as employee data. These laws require organizations to regularly check the security of their systems, to find and fix the vulnerabilities that could be the source of a data breach, propelling the market demand. Failure to comply with these guidelines will incur substantial fines, legal consequences, and loss of customer trust. To address these needs, companies deploy vulnerability management solutions that identify security weaknesses and show compliance for audits. This also effectively raises the level of awareness regarding the risks of cybersecurity and forces more businesses to adopt security measures proactively. With tightening data protection regulations being witnessed across the globe, security and vulnerability management tools are only becoming more in-demand and is a necessity.

For example, in September 2024, Zscaler, Inc. and CrowdStrike Holdings, Inc. introduced new integrations between AI and Zero Trust cybersecurity. These advances enhance threat detection and prevention to ensure organizations are protected automatically than ever before in the face of today’s challenging landscape.

Service Segment to Dominate the Global Security and Vulnerability Management Market

The services segment is a critical component of the security and vulnerability management market. It includes consulting, management, security services with vulnerability assessments as a service, and remediation support. In addition, demand for managed services is particularly high because they provide around-the-clock monitoring and rapid response without the need for large in-house teams. Consultancy services help organizations to create better security policies and safely keep up with changes to legislation. The growing sophistication of IT systems and the limited number of skilled cybersecurity professionals are the major contributors to the growth. Services come at a premium to software solutions in terms of both price and delivery times, but provide bespoke help and professional advice, making the sector a vital and lucrative part of the market.

For example, in August 2024, Critical Start, Inc. introduced its Vulnerability Management Service (VMS) and Vulnerability Prioritization, aimed at helping organizations to evaluate, control,  and minimize cyber risks. The turn-key service, built into Qualys VMDR, automates the arduous and time-consuming operational work security pros must perform to scan, monitor and report on vulnerabilities to improve risk visibility and control.

North America Leads the Global Security and Vulnerability Management Market

The North American security and vulnerability management market is attributed to a number of large companies and government bodies, which invest heavily in cybersecurity to protect sensitive information and critical infrastructure. The existence of a number of top technology companies and security vendors also spurs the innovation and adoption of more advanced vulnerability management tools worldwide. With the added pressure of stringent data privacy legislations and a growing understanding of cybersecurity threats, businesses are being forced to make security initiatives a higher priority. The increasing number of cyberattacks on enterprises in North America is expected to further boost the demand for vulnerability assessment and management solutions. In addition, mature IT environments and a strong emphasis on digital transformation led to sustained investment in security. Altogether, the advanced technological scenario, regulatory framework, and active cybersecurity initiative make North America the largest security and vulnerability management market.

For example, in October 2024, CyberArk Software Ltd. completed the acquisition of Venafi, Inc. for USD 1.54 billion, further strengthening its identity security platform with machine identity management. The acquisition accelerates CyberArk’s reach into the mid-market, increases recurring revenue, and enhances its posture against machine identity threats across hybrid, cloud, and DevOps environments through enhanced certificate, SSH, and enclave security.

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Impact of U.S. Tariffs on Global Security and Vulnerability Management Market

Security and vulnerability management market experiences operational challenges because of U.S. tariffs that affect hardware prices and supply chain operations. The implementation of tariffs has raised operational expenses for companies relying on imported cybersecurity equipment and software development contracts and created long-term investment uncertainty.

Report Scope

“Global Security and Vulnerability Management Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global security and vulnerability management market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecasts between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

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