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Exposure Management Market worth $7.6 billion by 2029 - Exclusive Report by MarketsandMarkets™Exposure Management will advance through enhanced analytics, real-time monitoring, and connection with ERM and GRC systems. The emphasis will be on cyber risk, climate risk, supply chain resilience, as well as regulatory compliance and collaborative methods. CHICAGO, March 18, 2024 /PRNewswire/ -- The global Exposure Management Market size is projected to grow from USD 2.2 billion in 2024 to USD 7.6 billion by 2029 at a CAGR of 28.3% during the forecast period, according to a new report by MarketsandMarkets™.  The expansion of the exposure management market is primarily driven by the escalating complexity and volume of cyber threats, digital transformation expanding organizations' attack surfaces, stringent regulatory and compliance requirements, and the financial and reputational risks of data breaches. Further, the exposure management market sees opportunities in advancing AI and ML for predictive threat analysis, expanding cloud services necessitating robust security, increasing demand for regulatory compliance solutions, and the growing awareness of cybersecurity risks among SMEs, which plays a crucial role in fueling the growth of the exposure management market. Browse in-depth TOC on "Exposure Management Market" 204 - Tables Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193629602 Scope of the Report
By end-user industry segment, the healthcare industry will grow at the highest CAGR during the forecasted period. The healthcare industry is anticipated to grow at the highest CAGR in the exposure management market during the forecasted period due to several critical factors. First, the healthcare sector is increasingly digitizing patient records and using connected medical devices, significantly expanding its attack surface. This digital transformation, coupled with the sensitive nature of health data, makes the industry a prime target for cyberattacks. Moreover, healthcare organizations face stringent regulatory requirements for data protection, such as HIPAA in the US, necessitating robust cybersecurity measures. The pandemic has further accelerated the adoption of telehealth services, increasing the potential for cyber exposure. Additionally, the consequences of data breaches in healthcare, ranging from financial penalties to risks to patient safety, underscore the urgent need for comprehensive exposure management solutions to safeguard critical infrastructure and maintain patient trust. These factors collectively contribute to the significant growth of the healthcare industry during the forecasted period. By component, the solution segment holds the largest market size during the forecast period. The solution segment in the exposure management market is anticipated to achieve the largest market size due to the urgent need for comprehensive cybersecurity solutions to identify, assess, and mitigate vulnerabilities effectively. As cyber threats grow in sophistication, organizations are increasingly seeking advanced, integrated solutions offering real-time visibility and control over their digital environments. Further, the demand is amplified by the rapid digital transformation, expanding the attack surface across various industries. Moreover, solutions incorporating AI and ML for predictive threat analysis are in demand, offering proactive rather than reactive protection. The need for these solutions is also driven by regulatory pressures, requiring businesses to maintain stringent cybersecurity measures to protect sensitive data and ensure compliance. All these factors contribute to the growing market size of the solutions segment in the exposure management landscape. By region, the Asia Pacific market is to grow at the highest CAGR during the forecast period. The Asia Pacific region is anticipated to witness the highest CAGR in the exposure management market during the forecast period, driven by several key factors. Rapid digital transformation and economic growth across major Asian economies, such as China, India, and Japan, have led to an increased reliance on digital technologies, expanding the attack surface for cyber threats. Additionally, a growing awareness of cybersecurity risks among businesses in the region is fueled by high-profile cyber incidents and stricter regulatory mandates for data protection and privacy. The region's diverse and dynamic technological landscape also presents unique challenges, prompting organizations to invest in advanced exposure management solutions. Furthermore, the increasing penetration of internet connectivity and the expansion of SMEs embracing digital operations significantly contribute to the demand for cybersecurity measures. These factors collectively position Asia Pacific as a rapidly evolving market for exposure management solutions, aiming to address the complex cybersecurity needs of its fast-growing digital economy. Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=193629602 Top Companies in Exposure Management Market The major players in the exposure management market are Tenable (US), CrowdStrike (US), Palo Alto Networks (US), Forescout (US), EY (UK), VIAVI (US), Verisk (US), IBM (US), eSentire (Canada), Mandiant (US), CyCognito (US), Censys (US), XM Cyber (Israel), Cymulate (Israel), Skybox Security (US), Armis (US), Picus Security (US), Adarma (Scotland), IONIX (Israel), Outpost24 (Sweden), ResilientX (UK), Ridge Security (US), Redhunt Labs (UK), Brandefense (US), and Risk Profiler (US) Recent Developments
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=193629602 Exposure Management Market Advantages
Report Objectives To define, describe, and forecast the exposure management market based on component, deployment mode, application, end-user industry, and region:
Browse Adjacent Markets: Information Security Market Research Reports & Consulting Related Reports: Identity Verification Market - Global Forecast to 2028 Digital Risk Protection Market - Global Forecast to 2028 Facial Recognition Market - Global Forecast to 2028 Next-generation Firewall Market - Global Forecast to 2028 Managed Security Services Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg
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