Insights on the Patch Management Global Market to 2027 - Shift from Manual to Automated Patch Management Presents Opportunities - ResearchAndMarkets.com

The "Global Patch Management Market (2022-2027) by Component, Modules, Deployment, Vertical, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Patch Management Market is estimated to be USD 812.27 Mn in 2022 and is expected to reach USD 1524.57 Mn by 2027, growing at a CAGR of 13.42%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Patch Management Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Acronis International, Automox, Avast Group, Atera Networks, Broadcom, Chef Software(Progress Software Corporation), etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Patch Management Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Patch Management Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

• Increasing Vulnerabilities to Promote Patch Management Solutions
• Growing Demand for Up to Date Operating System/Applications
• Growth in Deployment of Third-Party Applications
• Increasing Favorable Government Regulations

Restraints

• Low Priority of Vulnerability Remediation

Opportunities

• Shift from Manual to Automated Patch Management
• Growing Mobile and Web Platforms Market

Challenges

• Patch Testing Issues and Application Compatibility
• Cybersecurity Threat

Market Segmentation

The Global Patch Management Market is segmented based on Component, Modules, Deployment, Vertical, and Geography.

• By Component, the market is classified into Services and Software.
• By Modules, the market is classified into Compliance Management and Reporting, & Vulnerability Management.
• By Deployment, the market is classified into On-Cloud and On-Premise.
• By Vertical, the market is classified into BFSI, Education, Government & Defense, Healthcare, IT & Telecom, and Retail.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

• Acronis International
• Automox
• Avast Group
• Atera Networks
• Broadcom
• Chef Software(Progress Software Corporation)
• ConnectWise
• GFI USA
• IBM
• Ivanti
• Jamf
• Micro Focus International
• NinjaOne
• SecPod Technologies
• SolarWinds Worldwide
• SmartDeploy (PDQ)
• SysAid Technologies
• Qualys
• Zoho

For more information about this report visit https://www.researchandmarkets.com/r/ykqjdx

View source version on businesswire.com: https://www.businesswire.com/news/home/20221012005606/en/