DELRAY BEACH, Fla., Oct. 14, 2024 /PRNewswire/ — The global Security and Vulnerability Management Market size is projected to grow from USD 16.51 billion in 2024 to USD 24.04 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period, according to new research report by MarketsandMarkets™.

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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2030
Base year considered
2023
Forecast period
2024–2030
Forecast units
Value (USD Billion) 
Segments Covered
Component, Software, Services, Type, Target, Deployment Mode, Organization Size, Vertical, And Region
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America  
Companies covered
Major vendors in the global Security and vulnerability management  Microsoft (US), AT&T (US), CrowdStrike (US), IBM (US), Tenable (US), Cisco (US), DXC Technology (US), Check Point Software Technologies (Israel), Rapid7 (US), Qualys (US), ManageEngine (US), RSI Security (US), Fortra (US), Ivanti (US), Tanium (US), Invicti (US), Outpost24 (Sweden), Skybox Security (US), Vulcan Cyber (Israel), SecPod (India), Balbix (US), Intruder (UK), Brinqa (US), Holm Security (Sweden), Nucleus Security (US), and NopSec (US)
High financial losses due to security breaches and the growing demand for real-time monitoring and continuous vulnerability assessment drive the Security and Vulnerability Management Market. Organizations are thus striving to minimize these financial risks and they demand for robust security and vulnerability management solutions to strengthen their security posture.
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Based on the offerings, the solutions segment accounts for the largest market size during the forecast period.
According to PT Security, 98% of web applications are vulnerable to attacks resulting in malware, redirection to malicious websites, and more. This rising complexity of such cyber risks has spurred the demand for comprehensive security and vulnerability management solutions. The shift to cloud computing and remote work has amplified the demand for adaptive security tools, with AI-driven analytics and automation strengthening their role in security and vulnerability management. Furthermore, providers such as Microsoft, IBM, Qualys, Tenable, Rapid7, and CrowdStrike offering advanced security and vulnerability management solutions also contribute to position solutions as the largest market segment during the forecast period.
By the organization size segment, the SME segment is expected to grow at the highest CAGR during the forecast period.
The SME segment is expected to grow at the highest rate in the Security and Vulnerability Management Market due to increasing digital transformation, which exposes these businesses to heightened cyber threats. Most SMEs lack the resources and expertise of larger organizations, thus becoming vulnerable to cyber-attacks. Growing regulatory compliance requirements and the affordability of effective security solutions drive SMEs to invest in robust protection measures. As awareness about security risks grows, SMEs focus more on security investments, fueling rapid growth in this market segment.
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By region, North America accounts for the largest market size during the forecast period.
North America is expected to hold the most significant Security and Vulnerability Management Market, driven by its advanced digital infrastructure and the increasing frequency of cyber threats. Cybersecurity technologies have a high adoption rate in the region, and many established vendors make it relatively easier for organizations to implement integrated security measures. Strict regulatory frameworks also make companies have stringent vulnerability management practices to comply with the regulatory requirements and strengthen their security posture. The rapid growth of cloud computing, IoT, and digital transformation agendas further propels the demand for advanced solutions, amplifying North America’s stronghold in this market.
Top Key Companies in Security and Vulnerability Management Market:
Microsoft (US), AT&T (US), CrowdStrike (US), IBM (US), Tenable (US), Cisco (US), DXC Technology (US), Check Point Software Technologies (Israel), Rapid7 (US), Qualys (US), ManageEngine (US), RSI Security (US), Fortra (US), Ivanti (US), Tanium (US), Invicti (US), Outpost24 (Sweden), Skybox Security (US), Vulcan Cyber (Israel), SecPod (India), Balbix (US), Intruder (UK), Brinqa (US), Holm Security (Sweden), Nucleus Security (US), and NopSec (US) are the key players and other players in the Security and Vulnerability Management Market.
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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.
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LONDON, Oct. 14, 2024 /PRNewswire/ — Following on from an exceptional 2024 performance, OpenCorporates, the world’s largest open database of legal entities, is excited to announce the appointment of Wojtek Kokoszka as its new Chief Executive Officer. Wojtek, a seasoned entrepreneur and co-founder of Zappi, the leading SaaS Consumer Insights platform, brings a wealth of experience in scaling high-growth businesses and innovation in data-driven industries, both in Europe and the US.

 
 
Wojtek joins OpenCorporates with the clear mission to scale the world’s authoritative source of legal-entity data. At Zappi, Wojtek played a pivotal role in growing the company to $100 million in revenue. Under his leadership, Zappi transformed into an industry-leading platform that revolutionized how global consumer brands harness data to derive actionable insights. His track record of driving performance, fostering innovation, and executing strategic vision makes him ideally suited to lead OpenCorporates into its next phase of fast growth.
Chris Taggart, co-founder and outgoing CEO of OpenCorporates, will take on a strategic role as Founder focused on opening up new markets and opportunities. Chris will bring his exceptional domain knowledge and heritage to reinforce OpenCorporates’ position as the world’s most authoritative source of legal entity data. His leadership and vision have been instrumental in building the company from its inception, and he will continue to guide its mission to make company data open, transparent, and accessible to all.
Wojtek Kokoszka, Incoming CEO of OpenCorporates, commented:”I’m thrilled to join OpenCorporates at such an exciting time in its journey. OpenCorporates has established itself as the trusted authority in its space, and I look forward to driving us forward. We are going to deliver ever more quickly on our mission to provide certainty and clarity through our open, reliable, and transparent legal-entity data. I look forward to building on the very strong foundation created by Chris and the team, scaling our operations, and driving innovation to serve the ever-growing demand for high-quality, trustworthy data across public and private sector organisations.”
Chris Taggart, Founder of OpenCorporates, added:”In Wojtek Kokoszka, we have found a leader who will take OpenCorporates to new heights. His expertise in scaling businesses and operational excellence makes him the ideal choice for this role. This also frees me to focus on our strategic vision and work alongside him to explore new markets and ensure OpenCorporates remains at the forefront of corporate transparency. Legal entities are at the heart of the modern world – and as we move into a world of digitalized commerce and AI-generated uncertainty, OpenCorporates will be there to provide the trusted foundational data the world needs.”
About OpenCorporatesOpenCorporates is a certified B Corp, revolutionizing access to company data. It has built the world’s largest open database of companies, and is trusted by regulators, financial institutions, investigative journalists, and businesses for its unparalleled breadth of data, covering over 200 million companies across 140+ jurisdictions, including the entirety of the USA. This leadership transition marks an important milestone as the company continues to scale, innovate, and drive positive change by promoting transparency in the corporate world.
For more information, please contact:
Press Contact:Jackson TorchiaCommunity Manager at [email protected] 
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BANGALORE, India, Oct. 14, 2024 /PRNewswire/ — Digital Parcel Locker Systems Market is Segmented by Type (Indoor Type, Outdoor Type), by Application (Retail, Family, University, Office): Global Opportunity Analysis and Industry Forecast, 2023-2029.

The Global Digital Parcel Locker Systems Market was valued at USD 1,679 Million in 2023 and is anticipated to reach USD 2,219 Million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Digital Parcel Locker Systems Market:
The global digital parcel locker systems market is poised for substantial growth, driven by increasing e-commerce activities, demand for contactless deliveries, and the need for efficient last-mile logistics solutions. As businesses and consumers continue to prioritize convenience and security in parcel delivery, digital parcel lockers are becoming an essential part of the modern delivery infrastructure. With the rise of smart cities and the ongoing focus on sustainability, the market is expected to expand at a significant pace in the coming years.
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TRENDS INFLUENCING THE GROWTH OF THE DIGITAL PARCEL LOCKER SYSTEMS MARKET:
Indoor digital parcel lockers are driving the market’s growth due to their widespread use in commercial buildings, residential complexes, and corporate offices. These lockers provide secure, contactless delivery solutions, particularly in areas where foot traffic is high. As online shopping and e-commerce continue to grow, the demand for efficient last-mile delivery solutions has increased. Indoor parcel lockers offer a convenient way for customers to receive packages without requiring in-person handoffs. This increased adoption of indoor lockers is contributing to the expansion of the digital parcel locker systems market.
Outdoor digital parcel lockers are gaining popularity, especially in public areas like shopping malls, transit hubs, and university campuses. These lockers are designed to withstand varying weather conditions and provide secure storage for parcels around the clock. With the rise in contactless deliveries and consumers’ demand for 24/7 accessibility, outdoor lockers are becoming a crucial part of the last-mile delivery infrastructure. This growing demand for convenient, round-the-clock parcel access is driving the expansion of the outdoor digital parcel locker systems market.
Retailers are increasingly adopting digital parcel locker systems to improve their logistics and enhance customer satisfaction. By offering secure, self-service delivery options, retailers can reduce the strain on store employees and streamline the delivery process. The use of digital parcel lockers in retail settings has been proven to reduce wait times, enhance convenience, and improve overall customer experiences. As retail businesses continue to focus on optimizing their operations and offering seamless delivery solutions, digital parcel lockers are playing a key role in driving the growth of the market.
The rapid growth of e-commerce has created an increased demand for efficient last-mile delivery solutions. Digital parcel lockers provide a secure, contactless way for consumers to collect packages at their convenience. This is particularly important as online shopping continues to surge, with more consumers opting for home delivery and self-service options. The growth of e-commerce is directly contributing to the expansion of the digital parcel locker systems market.
The shift toward contactless deliveries, accelerated by the COVID-19 pandemic, has boosted the demand for digital parcel locker systems. Consumers and businesses are prioritizing safety and convenience in their delivery methods, and parcel lockers offer a way to minimize human interaction. The ongoing preference for contactless solutions is driving the growth of the digital parcel locker systems market as companies look to meet customer expectations for secure, hands-free deliveries.
Retailers are increasingly adopting omnichannel strategies to enhance the customer experience, and digital parcel locker systems are a key component of these strategies. By offering convenient, self-service parcel collection options, retailers can provide customers with greater flexibility in how and when they receive their orders. The use of digital parcel lockers is helping retailers streamline their logistics and improve customer satisfaction, which in turn is driving market growth.
Security is a top priority for consumers and businesses alike when it comes to parcel delivery. Digital parcel locker systems provide a secure way to store packages, protecting them from theft and damage. With growing concerns about the security of unattended deliveries, more consumers and businesses are turning to digital parcel lockers as a safe and reliable option. This heightened focus on security is driving demand for digital parcel locker systems, contributing to the market’s growth.
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DIGITAL PARCEL LOCKER SYSTEMS MARKET SHARE
The digital parcel locker systems market is experiencing significant growth across regions, with North America and Europe being the largest markets due to the high adoption of e-commerce and strong logistics infrastructure. In North America, the focus on last-mile delivery solutions has driven the demand for digital parcel lockers, particularly in urban areas. Europe’s well-developed postal services and growing smart city initiatives are also contributing to market growth. The Asia-Pacific region is expected to witness rapid expansion, driven by the increasing popularity of e-commerce and infrastructure development in countries like China, Japan, and India.
Key Companies:
Quadient (Neopost)TZ LimitedAmerican LockerFlorence CorporationLockTec GmbHCleveronC + P MobelsystemeHollmanLuxer OneParcel PortKebaZhilai TechEcos systemsInPostParcel PendingMy Parcel LockerKERNMobiiKeyChina PostCloud BoxShanghai FuyouDongcheng ElectronicPurchase Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Auto-5G11410/Global_Digital_Parcel_Locker_Systems_Market 
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
–  Automated Parcel Lockers market was valued at USD 2035 Million in 2023 and is anticipated to reach USD 4643.5 Million by 2030, witnessing a CAGR of 12.1% during the forecast period 2024-2030.
–  Electronic Lockers Market
–  Package Delivery Smart Locker market was valued at USD 1811 Million in 2023 and is anticipated to reach USD 3832.3 Million by 2030, witnessing a CAGR of 11.3% during the forecast period 2024-2030.
–  Intelligent Parcel Delivery Lockers market was valued at USD 1495 Million in 2023 and is anticipated to reach USD 2506.2 Million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.
–  Smart Locker System Market was estimated to be worth USD 6873.6 Million in 2023 and is forecast to a readjusted size of USD 9010.4 Million by 2030 with a CAGR of 4.0% during the forecast period 2024-2030.
–  Outdoor Smart Parcel Delivery Locker market was valued at USD 500 Million in 2023 and is anticipated to reach USD 802.9 Million by 2030, witnessing a CAGR of 7.0% during the forecast period 2024-2030.
–  Smart Luggage Locker market was valued at USD 1205 Million in 2023 and is anticipated to reach USD 2245.7 Million by 2030, witnessing a CAGR of 14.2% during the forecast period 2024-2030.
–  Smart Delivery Locker Market
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