Vulnerability Scanning in BFSI Market Application, Leading Players, Growth Factors and Forecast 2030

An emerging market analysis titled “Anticipated Trends, Drivers of Growth, and Obstacles in the Vulnerability Scanning in BFSI Market” has been showcased on Report Ocean.

The “Global Vulnerability Scanning in BFSI Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Vulnerability Scanning in BFSI Market.

Global Vulnerability Scanning in BFSI Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2029.

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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

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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.

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.

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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

By Region:

North America: U.S., Canada

Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)

Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)

Latin America: Brazil, Mexico, Rest of Latin America (RoLA)

Rest of the World

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Report Overview:

This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Vulnerability Scanning in BFSI market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.

Market Dynamics:

Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Vulnerability Scanning in BFSI market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Vulnerability Scanning in BFSI market.

Marketing Insights:

The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Vulnerability Scanning in BFSI market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Vulnerability Scanning in BFSI market. It encapsulates indispensable insights extracted from the Vulnerability Scanning in BFSI Market domain, facilitating informed decision-making processes.

This report covers several key questions related to the global Vulnerability Scanning in BFSI market, including:

  • What can be expected for the Vulnerability Scanning in BFSI market in the next decade?
  • What are the primary drivers of growth in the global Vulnerability Scanning in BFSI market?
  • Which technologies are likely to experience the most rapid growth, both by market and region?
  • How do opportunities within the Vulnerability Scanning in BFSI market vary based on the size of the end market?
  • What is the breakdown of Vulnerability Scanning in BFSI by type and application?
  • How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Vulnerability Scanning in BFSI market?

Our most recent research report showcases the thriving expansion of the global Vulnerability Scanning in BFSI Market and offers in-depth insights into the projected market size, share, and revenue until 2031.

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