According to a new report, published by KBV research, The Global Exposure Management Market size is expected to reach $9.8 billion by 2030, rising at a market growth of 27.5% CAGR during the forecast period.
The Solution segment is registering a strong potential in the Global Exposure Management Market by Component in 2022 thereby, achieving a market value of $6.2 million by 2030. There is a growing demand for real-time risk monitoring and analytics solutions that provide organizations with timely insights into emerging risks and vulnerabilities. By utilizing sophisticated data analytics, artificial intelligence, and machine learning algorithms, these solutions analyze enormous volumes of data from internal and external sources in real-time. Hence, these factors can boost the demand in the segment.
The On-premises segment is experiencing a CAGR of 25.3% during (2023 - 2030). Regulatory compliance is a significant driver for adopting on-premises exposure management solutions. Organizations need to adhere to data residency requirements and regulatory mandates that dictate where sensitive risk data can be stored and processed. Thus, these factors can boost the growth of the segment.
The Attack Surface Management segment is leading the the Global Exposure Management Market by Application in 2022 thereby, achieving a market value of $2.6 billion by 2030. The increased prevalence of cyber threats, including advanced persistent threats (APTs), malware, ransomware, and phishing, has led to a heightened need for robust attack surface management solutions. As cyber adversaries become increasingly sophisticated and persistent, organizations continuously seek comprehensive tools and techniques to monitor and protect their attack surfaces from evolving threats. Thus, the segment will expand rapidly in the upcoming years.
The Retail & eCommerce segment is anticipated to have a CAGR of 28.1% during (2023 - 2030). The rise of e-commerce has also increased cybersecurity threats, including data breaches, payment fraud, and cyber-attacks targeting customer information and financial transactions. Cybercriminals frequently target retailers and e-commerce enterprises with the intention of capitalizing on weaknesses in their digital infrastructure and acquiring sensitive information. Thus, the segment will grow rapidly in the coming years.
Full Report: https://www.kbvresearch.com/exposure-management-market/
The North America region dominated the Global Exposure Management Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.3 billion by 2030. The Europe region would witness a CAGR of 27% during (2023 - 2030). Additionally, The Asia Pacific region is experiencing a CAGR of 28.4% during (2023 - 2030).
By Component
By Deployment Mode
By Application
By End-User
By Geography