Vulnerability Management Market registered a valuation of USD 17.39 billion in 2024 and is poised to reach USD 55.9 billion by 2037 expanding at a profitable CAGR of 9.4% in the forecast period, i.e., 2025-2037. In 2025, the industry size of vulnerability management is estimated at USD 19.02 billion.
The primary growth driver of the VM market is the increasing frequency and complexity of cyberattacks. The number of cyberattacks worldwide increased by 30% year over year in Q2 2024, reaching 1,636 attacks per organization weekly. Education/Research (3,341 attacks per week), Government/Military (2,084 attacks per week), and Healthcare (1,999 attacks per week) were the top three most attacked industries. Organizations experiencing targeted and advanced threats are forced to prioritize identifying, assessing, and mitigating vulnerabilities in their IT systems.
Many industries are governed by strict regulations that require robust vulnerability management processes to protect sensitive data and ensure business continuity. Regulatory frameworks such as GDPR, HIPAA, and PCI-DSS demand strong security postures, driving organizations to invest in vulnerability management solutions. For instance, over 26% of businesses in the U.S. spent more than half a million dollars to become GDPR compliant, while 38% of enterprises saw good returns on their privacy investments.
Author Credits: Abhishek Verma
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