target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Forecast - Doc Document number: # US50271723
Worldwide Device Vulnerability Management Forecast, 2024–2028: Fusing Multiple Exposure Sources
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Abstract
This IDC study demonstrates the continued appeal of vulnerability management and the growing demand for exposure management solutions, which include advanced features like attack path visualization and generative AI assistants for vulnerability explanation and remediation guidance. Exposure management commands a higher price per asset, contributing to an increase in revenue for vendors in this space. However, there are challenges such as competition from managed service providers (SPs) and endpoint vendors offering low-cost or free vulnerability management solutions. IDC expects the revenue to grow at a CAGR of 10.8% for 2023–2028, reaching $3.9 billion in 2028.
"By adopting an exposure management approach, organizations can enhance their security posture and mitigate the risk of exposure in an increasingly complex and dynamic threat landscape," said Michelle Abraham, research director, Security and Trust at IDC. "Comprehensive platforms that consolidate and analyze data from multiple sources will be well positioned to meet the evolving needs of the market."