- Key players include IBM, Hewlett-Packard, EMC, Symantec, McAfee
Increasing complexity in enterprise information systems is driving the growth of Global Security and Vulnerability Management Market. This finding is according to the latest research insight into the Global Security and Vulnerability Management Market by the independent London-based Global Research Firm, TechNavio for the forecast period 2012-2016.
Some of the major drivers contributing to market growth are increasing use of diverse operating systems, increasing complexity in enterprise information systems, increasing demand for software applications and increased awareness of security issues and threats.
Despite the presence of strong drivers, growth inhibitors are hampering the Global Security and Vulnerability Management market. One of the main challenges in this market is the availability of open source solutions. Open source software is providing customers with a platform to detect and fix security and vulnerability issues. Customers are opting for open source solutions as they can copy, modify and reconstruct the source code without having to pay for the software. Such features of open source solutions are a serious challenge for the market.
Despite the presence of challenges, the Global Security and Vulnerability Management market has immense potential to grow rapidly because of the emergence of certain trends that are negating the effects of challenges to a certain extent. One such trend is increasing adoption of mobile devices in workplaces. The use of mobile devices for payments, online banking and other transactions has increased the need for a secure way to verify the identity of the person authorizing a transaction, which is aiding the growth of this market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Security and Vulnerability Management Market 2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Security and Vulnerability Management Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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