“The emergence of RBVM has been pushed by a number of components,” mentioned 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 improvement lifecycle.”
“The purpose of higher understanding and assessing danger is on the coronary heart of RBVM,” Braunberg added. “As a substitute of making an attempt to determine how you can patch all the pieces sooner, RBVM tackles the dimensions drawback by means of smarter, better-informed prioritization, serving to enterprises calculate what to patch rapidly and what to delay or ignore.”
Vulnerability administration is the best space of funding for 2022/23, in accordance with Omdia’s analysis. Omdia is monitoring the funding exercise happening inside the market with most of the bigger gamers buying startups over the previous few years.
“Omdia Cyber has been monitoring not solely in the present day’s most necessary cybersecurity applied sciences, but additionally tomorrow’s,” mentioned Eric Parizo, Managing Principal Analyst, Omdia Cybersecurity. “We imagine RBVM represents a seismic shift in how organizations handle vulnerabilities and can, eventually, present cybersecurity operations groups with the instruments to measure and make choices primarily based on vulnerability danger.”
In keeping with Omdia analysis, the whole international vulnerability administration market income for 2022 of $2.008bn. Regardless of a diminished year-over-year progress price of 4.8%, Omdia anticipates stronger progress, powered by the rise of RBVM, in 2023 and 2024.
Omdia is offering complimentary entry to the report, Omdia Universe: Danger-Primarily based Vulnerability Administration Options, 2023, through Omdia.com, with free registration. Entry the report right here.
Omdia, a part of Informa Tech, is a expertise analysis and advisory group. Our deep information of tech markets mixed with our actionable insights empower organizations to make sensible progress choices.