Global Patch Management Software Market Overview:
The patch management software helps in scanning computers, mobile devices or other machines on a network for missing software updates known as patches. It also fixes the problems by deploying those patches the minute they are created. These patches are the type of codes that are inserted or patched into a code of current software program. The patch management software recognizes which tool needs patches and fixes the required changes to be made. The software can be installed on a central administrative computer which is reflected on all other devices. Some of the key players profiled in the study are IBM (International Business Machines Corporation) (United States), SolarWinds Worldwide, LLC (United States), LogMeIn, Inc. (United States), ConnectWise, LLC (United States), GFI LanGuard (United States), Micro Focus (United Kingdom), PDQ Corporation (United States), SysAid Technologies Ltd. (Israel), Automox Inc. (United States), Qualys, Inc. (United States) and Machine Engine (Zoho Corp.) (United States).
On the basis of geography, the market of Patch Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Information Technology Industry will boost the Patch Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. On-premise will boost the Patch Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Terminal, the sub-segment i.e. PC Terminal will boost the Patch Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Need for Decreasing the Risk of Cyber Attacks
- Industrial Regulatory Standards for Safety of Networking Infrastructure
- The Growing Number of Mobile Workforce Needs Cloud-based Solution
- The Emerging Patch Management to Ensure Adequate Functionality of IT Assets
- The Advent of Automation in the Entire Patch Management Software Process
- Network Connectivity is Necessary for Patch Management Software
- Growing Cloud Solutions will Boost the Patch Management Software
- Advancements in Patch Management Software
- Technical Problems with Patch Management Software
Major Market Developments:
On 12th February 2019, Qualys Inc. unveiled a patch management cloud app that provides automated patch deployments capabilities, allowing customers to transparently orchestrated full lifecycle vulnerability management of the operating system and third-party software across the global hybrid environment. With Qualys PM, the Qualys Cloud Platform now consolidates vulnerability assessment, threat prioritization, and remediation, allowing IT and SecOps teams to centralize remediation of vulnerabilities across Windows, macOS, and Linux operating systems, as well as over 300 third-party applications. Users can quickly target critical Common Vulnerability and Exposure IDs (CVEs) without researching knowledge base articles, then deploy the patch to endpoints, on-premises or cloud assets and verify remediation, all from one console.
"New laws typically aren’t retroactive, but the ICO’s statement acknowledges the importance of patch management and effective information security management systems. The ICO often lists poor patch management as the reason for fining organizations, as was the case in the recent £400,000 fine levied against the Carphone Warehouse for a 2015 breach that exposed more than three million people’s personal data. Installing patches and updates when they’re available is one of the simplest ways of staying cyber secure. Any organization concerned about its patch management policy should consider certifying to Cyber Essentials, a government-backed scheme that sets out a baseline of cybersecurity."
Patch Management Software Developers and Providers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Patch Management Software market on the basis of product  , application [Personal, Enterprise and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Patch Management Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Patch Management Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Patch Management Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.