Scienza e Tecnologia
Global VM Market Sees Strong Growth Due to Rise in Cyber Threats, Finds Frost & Sullivan
From a regional perspective, North America will continue to dominate the VM market over the forecast period. The recent executive order to improve US cybersecurity is one of the main demand drivers in the region. Europe , the Middle East , and Africa (EMEA) will be the second-largest VM market as a result of regulations such as General Data Protection Regulations (GDPR). Finally, the growing significance of cybersecurity among end-users and rapid digital transformation initiatives encourage organizations to embrace VM in APAC and Central and Latin America .
"The COVID-19 pandemic and the resulting work-from-home economy have expanded organizations' attack surface. With organizations adjusting to a new mode of business operations, VM capabilities for emerging platforms and applications will gain traction," said . "In addition, as businesses embrace network-attached endpoints, cloud-based applications, and connected devices, the need for managing vulnerabilities in the extended attack surface will surge."
Swetha added: "Organizations' move toward holistic and focused security will encourage vendors to integrate capabilities from upstream, downstream, and alternative applications. Over the next decade, there will also be a likely emergence of an 'integrated security posture assessment tool' that provides end-to-end risk management for enterprises."
Increased threats amid higher numbers of connected devices and regulatory requirements for organizations to perform regular vulnerability scanning and remediation will present lucrative growth prospects for VM vendors, including:
is the latest addition to Frost & Sullivan's research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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