Patch Management Market

Patch Management Market Study by Cloud and On-Premise for BFSI, Information Technology & Telecom, Healthcare, Government & Defense, Retail, and Education from 2024 to 2034

Analysis of Patch Management Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Patch Management Market Outlook (2024 to 2034)

Revenue from the global patch management market is estimated to reach US$ 950.5 million in 2024. The market has been analyzed to climb to a value of US$ 2.25 billion by the end of 2034, expanding at a CAGR of 9% between 2024 and 2034.

The process of obtaining, evaluating, and applying several patches (code modifications) to a computer system under administration is known as patch management. It improves functionality and addresses vulnerabilities, keeping software up-to-date and secure. The expanding regulatory demands for software updates, the challenge of managing updates in extensive and varied IT environments, and the surge in cybersecurity threats have all fueled the expansion of the patch management solutions market.

Key drivers of patch management market growth include the rising use of third-party applications and the increasing number of vulnerabilities due to this. Alongside escalating security threats, fears of hacking are also contributing to the growth of the market worldwide.

Key Market Growth Drivers

  • Increasing regulatory requirements for software updates, the complexity of managing updates across extensive and diverse IT environments, and the rise in cybersecurity threats are all driving the growth of the market.
  • Key players include providers of integrated IT management suites and stand-alone patch management software, such as IBM (BigFix), Microsoft (Windows Update), Ivanti (Patch Management), and SolarWinds (Patch Manager).
  • Patch management market trends, such as automation for faster patch deployment, integration with IT asset management and vulnerability management tools, and the shift to cloud-based patch management solutions, are influencing the market.
  • Growing demand for the latest software versions will emerge as one of the primary drivers for market growth.
  • Increasing incidents of hacking and the emergence of new regulatory policies globally will also complement the growth of the market.
  • Cloud-based patch management solutions are contributing to the rapid expansion of the patch management market size. As the cloud computing market expands, businesses are exploring various cloud models to find the optimal balance of functionality, scalability, and return on investment.
Report Attribute Detail
Patch Management Market Size (2024E) US$ 950.5 Million
Projected Market Value (2034F) US$ 2.25 Million
Global Market Growth Rate (2024 to 2034) 9% CAGR
East Asia Market Growth Rate (2024 to 2034) 10.4% CAGR
North America Market Growth Rate (2024 to 2034) 8.1% CAGR
Software Segment Market Value (2024E) US$ 646.6 Million
Cloud-Based Segment Value (2024E) US$ 636.8 Million
Key Companies Profiled IBM Corporation; Symantec (NortonLifeLock Inc.); Micro Focus; Qualys Inc.; SolarWinds Corporation; Ivanti; ManageEngine; ConnectWise; Avast; Automox; GFI Software; Chef Software; SysAid Technologies; Atera; Infinite Group, Inc.

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Why is Demand for Patch Management Solutions Showing an Upward Trend?

“Market Benefiting from Automation across Sectors”

Growth of interconnected devices and IoT is driving increased demand for patch management solutions. Keeping systems up-to-date is becoming increasingly important to meet regulatory requirements due to new security and compliance standards and the adoption of digital technology by SMEs.

The market is seeing a significant shift toward automation across various industries. This aims to boost production, lower operating costs, and achieve optimal efficiency. Government initiatives and regulations focused on protecting sensitive data are expected to further propel the patch management market. The expansion of companies and rising investments are reinforcing these market trends.

  • A 2019 CSO Australia report revealed that 60% of breaches were due to unpatched vulnerabilities. Veracode research indicates that over 55% of discovered breaches remain unresolved after three months. Data also shows that one in three breaches result from unpatched vulnerabilities and a lack of visibility into these issues. These factors are driving the growth of the patch management market.

“Need for Sophisticated Solutions to Handle Different Configurations and Technologies”

Modern IT infrastructures are increasingly complex, combining on-premises systems, cloud services, virtualized environments, and mobile devices. Patch management on these heterogeneous platforms necessitates advanced solutions capable of handling various configurations and technologies. Before deploying patches, organizations are thoroughly testing them to ensure they do not disrupt existing systems or introduce new problems. Deployment can be delayed and operational risks can increase due to incompatibilities between patches and current software or hardware configurations.

Country-wise Insights

Several developing countries are increasing their capital income as well as developing their IT sectors and data centers, creating a stimulus for the growth of the market in these regions. China is set to hold a significant share of the patch management market in East Asia. China is projected to expand at a CAGR of 10.1% to reach US$ 267.2 million by the end of 2034. Revenue from the Japan market is evaluated to rise at a CAGR of 10.6% through 2034.

How is the Adoption of New Technologies Influencing Market Growth in the United States?

“Focus on Reducing Vulnerabilities and Maintaining Optimal System Performance”

Attribute United States
Market Value (2024E) US$ 260.1 Million
Growth Rate (2024 to 2034) 7.8% CAGR
Projected Value (2034F) US$ 551.3 Million

Patch management is now seen as a crucial element for maintaining IT services, especially given the rise in cybersecurity threats in the region. With the rapid adoption of the latest technologies, the United States holds a significant share of the patch management market. Cybercriminals find it easier to target organizations that neglect network security, highlighting the importance of robust patch management.

The IT sector has been efficiently supporting the development of various software applications, which boosts demand for patch management solutions. Technological innovation and the large number of data centers in the region further drive market growth. Additionally, the increasing demand for patch management services is stimulated by the growth of healthcare centers and the expansion of businesses.

High technology penetration and increasing IT deployments across various sectors and verticals in the United States are essential to the growth of the patch management software market.

How is Deployment of IoT Enhancing Market Growth Prospects in South Korea?

“High Threat of Cyber Threats Boosting Demand for Effective Patch Management”

Attribute South Korea
Market Value (2024E) US$ 46.4 Million
Growth Rate (2024 to 2034) 10.8% CAGR
Projected Value (2034F) US$ 129.9 Million

Robotics and technological advancements in these regions are significantly influenced by the government in South Korea. The market for patch management systems is further boosted by growing technological innovation and the expansion of e-commerce industries. The growth of the telecommunications industry and the development of robotics and smart devices in these areas also contribute to market expansion.

The increasing presence of hackers globally is driving the demand for robust patch management solutions. The availability of educational and training services in these regions is expected to further support the growth of the patch management market.

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Category-wise Insights

The market for patch management is categorized based on component, deployment, and vertical. In terms of vertical, it is further categorized into BFSI, information technology & telecom, healthcare, government & defense, retail and education. Based on deployment type, the market for patch management is divided into on-premises and cloud types. The on-premise segment is expected to hold a significant patch management market share.

Why is Software Crucial in Patch Management for Vulnerability Protection?

“Comprehensive Patch Management Platforms Streamlining IT Deployment and Scalability”

Attribute Software
Segment Value (2024E) US$ 646.3 Million
Growth Rate (2024 to 2034) 8.7% CAGR
Projected Value (2034F) US$ 1.48 Billion

Patch management offers a wide array of solutions tailored to meet individual needs and preferences, including log aggregation, analysis, storage, and visualization tools. This variety enables businesses to choose solutions that best address their unique requirements, whether for security, compliance, operational insights, or a combination of these.

Many vendors provide comprehensive patch management platforms that integrate multiple features, such as reporting, correlation, parsing, and log collection, into a single solution. These platforms streamline deployment, management, and scalability for organizations by delivering end-to-end patch management capabilities. Leading patch management systems utilize advanced analytics techniques, like machine learning and anomaly detection, to automatically identify patterns, anomalies, and security risks in log data.

Why are More Organizations Opting for On-Premise Deployment of Patch Management Solutions?

“Focus on Maintaining Strict Control Over Platforms, Tools, and Sensitive Data”

Attribute On-Premise
Segment Value (2024E) US$ 313.7 Million
Growth Rate (2024 to 2034) 8% CAGR
Projected Value (2034F) US$ 675 Million

Organizations using on-premise solutions manage their platforms, software, tools, and data internally, overseen by their own IT staff who often handle internal projects. Enterprises historically deployed traditional patch management solutions on-premises for centralized patching.

Industries handling sensitive information, like user credentials, prefer on-premise deployment to maintain greater control over their IT systems. Sectors such as defense, government, banking, and financial services prioritize on-premise data security due to sensitive customer financial records, tax details, and account information involved.

On-premise systems are maintained and operated directly by companies and corporations on their premises, primarily managed by their internal IT departments. The company's in-house IT specialists regularly update and implement system components and data protection mechanisms. Protecting sensitive data, such as financial records, accounting data, and proprietary information, remains a primary driver for the demand for on-premise patch management solutions.

Competitive Landscape

Key players in the patch management industry are increasing their R&D spending to launch new products. Furthermore, acquisitions & mergers, collaborations, and regulatory approvals are also crucial components of effective growth.

  • In June 2024, Infinite Group, Inc. (IGI)-Nodeware, launched the latest feature, Patch Management: A patented vulnerability management solution powered by artificial intelligence, which is available for Windows users. This robust platform enhancement allows managed service providers (MSPs) to have more visibility and control over patch rollouts for their clients' Windows systems by enabling centralized patch deployment straight from the dashboard.
  • Atera secured US$ 77 million in venture capital in July 2021, with a US$ 500 million valuation. The company offers SMBs business-level assistance in managing their remote networks. With the help of this funding, Atera hopes to expand its clientele and improve its offering in particular by giving its artificial intelligence (AI) more features. Atera presently employs predictive analytics, a feature absent from many SMB software solutions but present in solutions targeted at larger corporations.

Fact.MR provides detailed information about the price points of leading providers of patch management solutions positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Segmentation of Patch Management Market Research

  • By Component :

    • Software
    • Services
  • By Deployment :

    • Cloud
    • On-Premise
  • By Vertical :

    • BFSI
    • Information Technology & Telecom
    • Healthcare
    • Government & Defense
    • Retail
    • Education
  • By Region :

    • North America
    • Western Europe
    • Eastern Europe
    • East Asia
    • South Asia & Pacific
    • Latin America
    • Middle East & Africa

Table of Content

  • 1. Executive Summary
  • 2. Industry Introduction, including Taxonomy and Market Definition
  • 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  • 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
  • 5. Pricing Analysis
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    • 6.1. Component
    • 6.2. Deployment
    • 6.3. Vertical
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Component
    • 7.1. Software
    • 7.2. Services
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Deployment
    • 8.1. Cloud
    • 8.2. On-Premise
  • 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Vertical
    • 9.1. BFSI
    • 9.2. Information Technology & Telecom
    • 9.3. Healthcare
    • 9.4. Government & Defense
    • 9.5. Retail
    • 9.6. Education
  • 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Western Europe
    • 10.4. Eastern Europe
    • 10.5. East Asia
    • 10.6. South Asia & Pacific
    • 10.7. Middle East & Africa
  • 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
  • 18. Sales Forecast 2024 to 2034 by Component, Deployment, Vertical, and Region for 30 Countries
  • 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  • 20. Company Profile
    • 20.1. IBM Corporation
    • 20.2. Symantec (NortonLifeLock Inc.)
    • 20.3. Micro Focus
    • 20.4. Qualys Inc.
    • 20.5. SolarWinds Corporation
    • 20.6. Ivanti
    • 20.7. ManageEngine
    • 20.8. ConnectWise
    • 20.9. Avast
    • 20.10. Automox
    • 20.11. GFI Software
    • 20.12. Chef Software
    • 20.13. SysAid Technologies
    • 20.14. Atera
    • 20.15. Infinite Group, Inc.
  • 21. Assumptions and Acronyms Used
  • 22. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Component, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Deployment, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Deployment, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Deployment, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Vertical, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Vertical, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Vertical, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Component, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Component, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Component, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Component, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Component, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Component, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Component, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Component, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Component, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Component, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Component, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Component, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Component, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Component, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by Vertical, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Component, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Component, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Deployment, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Deployment, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Deployment, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by Vertical, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by Vertical, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by Vertical, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the market size of patch management in 2024?

The global patch management market is estimated to reach US$ 950.5 million in 2024.

What are the sales projections for patch management for the next ten years?

The market for patch management is forecasted to expand at a CAGR of 9% to reach US$ 2.25 billion by 2034.

Which country has a significant market for patch management?

The United States is estimated to reach a market value of US$ 260.1 million in 2024.

What is the projected market size of patch management in Japan?

The market in Japan is forecasted to reach US$ 165.4 million by the end of 2034.

How much market share does software account for?

The software segment is expected to account for 68% of the global market share in 2024.

What is the share of China in the East Asia market?

China is estimated to account for 47.5% market share in East Asia by the end of 2034.

Who are the market leaders in the business of patch management?

IBM Corporation, Symantec, and Micro Focus are some of the leading players in the market.

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Patch Management Market

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