According to the report, The proportion of high-risk vulnerabilities is steadily decreasing
is one of the primary growth factors for the market. Increase in number of data stealing and unauthorized access to client’s data
is also expected to contribute significantly to the Vulnerability Scanning in BFSI market. Overall, Banking
applications of Vulnerability Scanning in BFSI, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.
AMAs Analyst on the Global Vulnerability Scanning in BFSI Market identified that the demand is rising in many different parts of the world due to "Development and integration of new technology to reduce the errors in current vulnerability scanning
". Furthermore, some recent industry insights like "On 21 October 2020, Cloud-native application security company Snyk announced that the Snyk Intel vulnerability database will be integrated into IBM Cloud security capabilities to enhance security for enterprise workloads. IBM is working to integrate Snyk’s comprehensive security coverage into its public cloud security capabilities to help developers automatically find, prioritize and fix vulnerabilities in open source dependencies and containers throughout their entire workflow." is constantly making the industry dynamic. One of the challenges that industry facing is "High cost of maintenance and services of vulnerability scanning and Stringent government rules and regulations regarding the BFSI sector"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vulnerability Scanning in BFSI market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Vulnerability Scanning in BFSI market and other related sub-markets covered in the study.
o Key & emerging players in the Vulnerability Scanning in BFSI market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Vulnerability Scanning in BFSI market size is calculated using market estimation process, the Vulnerability Scanning in BFSI market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Vulnerability Scanning in BFSI market size has been validated using both top-down and bottom-up approaches.