“The emergence of RBVM has been pushed by a number of components,” stated Andrew Braunberg, Principal Analyst with Omdia and writer of the report. “Conventional vulnerability administration instruments, which enterprises use to establish, prioritize, and remediate software program safety vulnerabilities, have more and more struggled to satisfy the wants of the fashionable enterprise due to the challenges of digital transformation, the expanded and diversified assault floor, the proliferation of IoT gadgets, and the acceleration of the applying growth lifecycle.”
“The purpose of higher understanding and assessing danger is on the coronary heart of RBVM,” Braunberg added. “As an alternative of making an attempt to determine the right way to patch every thing quicker, RBVM tackles the dimensions downside by means of smarter, better-informed prioritization, serving to enterprises calculate what to patch shortly and what to delay or ignore.”
Vulnerability administration is the very best space of funding for 2022/23, in keeping with Omdia’s analysis. Omdia is monitoring the funding exercise happening throughout the market with most of the bigger gamers buying startups over the previous few years.
“Omdia Cyber has been monitoring not solely at the moment’s most essential cybersecurity applied sciences, but in addition tomorrow’s,” stated Eric Parizo, Managing Principal Analyst, Omdia Cybersecurity. “We consider RBVM represents a seismic shift in how organizations handle vulnerabilities and can, finally, present cybersecurity operations groups with the instruments to measure and make choices based mostly on vulnerability danger.”
In response to Omdia analysis, the entire world vulnerability administration market income for 2022 of $2.008bn. Regardless of a decreased year-over-year development fee of 4.8%, Omdia anticipates stronger development, powered by the rise of RBVM, in 2023 and 2024.
Omdia is offering complimentary entry to the report, Omdia Universe: Threat-Based mostly Vulnerability Administration Options, 2023, by way of Omdia.com, with free registration. Entry the report right here.
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Omdia, a part of Informa Tech, is a expertise analysis and advisory group. Our deep data of tech markets mixed with our actionable insights empower organizations to make good development choices.
