Patch Management Market Outlook: Emerging Opportunities
Polaris Market Research today announced findings from its latest report, projecting the global Patch Management Market to grow from USD 720.69 million in 2022 to USD 1,718.92 million by 2032, at a CAGR of 10.20%. The report profiles 15 leading companies across 5 market segments, covering solution, deployment, enterprise size, vertical, and region. Analyst Commentary on Patch Management Market Growth Polaris Market Research analysts attribute market growth to rising adoption of third-party applications, a stronger emphasis on software security, greater cybersecurity awareness, and demand for DevSecOps. Patch management automates the correlation of vulnerabilities with patches and configuration changes, which shortens response times for remediation. Industry trends add momentum. The growth of remote working has raised the risk of data breaches and cyber-attacks, as devices can be lost, stolen, or compromised. At the same time, the spread of Internet of Things devices has opened ne...