Vulnerability Scanning in BFSI Market Size, Growth Statistics, Share, Key Players, and Forecast 2028

Report Ocean offers a thorough analysis of the Vulnerability Scanning in BFSI Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Vulnerability Scanning in BFSI Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.     

Global Vulnerability Scanning in BFSI Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028. 

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Vulnerability Scanning also known as ‘Vuln Scan is an automated process of scanning and classification of security weaknesses in computers and networks to prevent vulnerability to cyber frauds. Application of vulnerability scanning in Banking and Financial services industry plays important role in protecting the sensitive financial and personal information of customers and employees. The increasing adoption of cloud-based services and growing vulnerabilities in BFSI sector as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista – in 2021, the global cloud applications market was valued at USD 133.6 billion, and the market is projected to grow to USD 168.6 billion by 2025, representing a compound annual growth rate of 4.8 percent. Also, rising prevalence of Cyber-attacks and increasing use of personalized devices in financial services industry would create lucrative growth prospectus for the market over the forecast period. However, high deployment cost associated with Vulnerability Scanning solutions impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Vulnerability Scanning in BFSI Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share due to factors such as presence of leading market players and growing expansion of BFSI sector. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising digitization in financial services sector and growing emergence of neo banks in the region.

Major market players included in this report are:

International Business Machine Corporation

Microsoft Corporation

Trend Micro Inc.

Dell Inc.

Cisco Systems Inc.

Check Point Software Technologies Ltd

Palo Alto Networks

Juniper Networks Inc.

Fortinet Inc.

AVG Technologies

Recent Developments in the Market:

In October 2020, Mastercard launched Cyber Secure, an AI-powered suite of tools that enable banks to assess cyber risk across their ecosystem and prevent potential breaches.
In November 2021, AWS launched new vulnerability management solution named Amazon Inspector for organization to inspect vulnerabilities in single click.
Global Vulnerability Scanning in BFSI Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Vulnerability Type, Deployment, End User, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Software

Hardware

By Vulnerability Type

Content Manager Vulnerability

IOT Vulnerability

API Vulnerability

Others

By Deployment

On-Premises

Cloud

By End-User

Banks

Insurance Companies

Securities

Other Financial Institutions

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By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Table of Content:   

  • Report Overview   
  • Global Growth Trends   
  • Competition Landscape by Key Players   
  • Data Segments   
  • North America Market Analysis   
  • Europe Market Analysis   
  • Asia-Pacific Market Analysis   
  • Latin America Market Analysis   
  • Middle East & Africa Market Analysis   
  • Key Players Profiles Market Analysis   
  • Analysts Viewpoints/Conclusions   
  • Appendix   

In this report, the following important queries are addressed:  

  • What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?  
  • Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?  
  • What are the vendors’ market prospects and risks in the international industry?  
  • Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?  
  • What specific strategies and limitations are keeping the market in check?  
  • What is the various marketing, sales, and distribution channels in the international market?  
  • What are the upstream raw materials, as well as the manufacturing machinery?  
  • What are the Market opportunities, market risk, and market overview of this industry?  

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