Exposure Management Market

Exposure Management Market Size & Share – Global Growth Projections

The global Exposure Management Market is expected to grow from USD 2.2 billion in 2024 to USD 7.6 billion by 2029, at a CAGR of 28.3% over the forecast period.

The exposure management market is driven by various factors, among which the rising number of cybersecurity threats and targeted attacks stands out as a primary catalyst. It is compounded by rapid digitalization and cloud adoption, expanding the attack surface and introducing new vulnerabilities.

Additionally, the landscape is further shaped by stringent regulatory compliance and data protection laws, requiring businesses to adopt proactive measures to safeguard sensitive data and ensure privacy. This regulatory pressure mandates the adoption of robust security practices and highlights the importance of compliance as a driver for the market. Together, these drivers fuel the demand for exposure management solutions to navigate the complex cybersecurity challenges of today's digital world.

What is Exposure Management ?

Exposure management is a security practice used for mapping a company's digital attack surface and creating and executing plans to mitigate these security threats. Exposure management includes identifying, assessing, and managing possible risks and vulnerabilities before attackers take advantage of them. The exposure management process involves scoping, discovery, prioritization, validation, and mobilization.

Exposure Management Market is poised for substantial growth in the coming years, driven by several key factors:

  • Increasing cybersecurity threats
  • Stringent regulatory requirements
  • Adoption of cloud-based solutions
  • Expansion beyond cybersecurity
  • Emphasis on supply chain risk management
  • Focus on third-party risk management
  • Integration with incident response
  • Rise of integrated risk management platforms
  • Demand for predictive analytics
  • Shift towards outcome-based risk management

To know about the assumptions considered for the study download the pdf brochure

Increasing Cybersecurity Threats:

  • With the rise in cyberattacks and data breaches, organizations are increasingly focusing on exposure management to identify, assess, and mitigate security risks. The growing sophistication of cyber threats, including ransomware, phishing, and malware, drives the demand for robust exposure management solutions to protect sensitive data and critical assets.

Stringent Regulatory Requirements:

  • Regulatory compliance mandates, such as GDPR, CCPA, HIPAA, and PCI DSS, impose strict requirements on organizations to safeguard customer data and ensure privacy. Compliance with these regulations necessitates the implementation of exposure management solutions to assess and mitigate risks associated with data breaches, non-compliance penalties, and reputational damage.

Adoption of Cloud-Based Solutions:

  • The adoption of cloud-based exposure management solutions is on the rise due to their scalability, flexibility, and cost-effectiveness. Cloud platforms offer organizations the ability to centrally manage and monitor exposures across distributed environments, enabling real-time risk assessment and response capabilities.

Expansion Beyond Cybersecurity:

Exposure management is expanding beyond traditional cybersecurity risks to encompass broader risks, including environmental, social, and governance (ESG) factors. Organizations are integrating ESG risk assessments into their exposure management strategies to address sustainability, ethical, and reputational risks.

Emphasis on Supply Chain Risk Management:

  • Organizations recognize the importance of managing risks across their supply chains to ensure resilience and continuity in operations. Exposure management solutions now include capabilities to assess and monitor supply chain risks, such as supplier disruptions, geopolitical issues, and compliance challenges.

Focus on Third-Party Risk Management:

  • Third-party risk management is gaining prominence as organizations rely on external vendors, partners, and service providers. Exposure management solutions offer features to assess and monitor third-party risks, including vendor cybersecurity posture, data privacy practices, and regulatory compliance.

Integration with Incident Response:

  • Exposure management solutions integrate with incident response processes to facilitate coordinated risk mitigation efforts. By aligning exposure management with incident response strategies, organizations can improve response times, minimize the impact of security incidents, and enhance resilience against emerging threats.

Exposure Management Market Share - Global Industry Landscape :

  • IBM (US)
  • eSentire (Canada)
  • Mandiant (US)
  • CyCognito (US)
  • Censys (US)

These companies contribute to the Exposure Management market by providing innovative solutions and services that enable organizations to identify, assess, and mitigate security risks effectively, thereby enhancing their cybersecurity posture and resilience against emerging threats.

IBM (US):

  • Market Share: IBM holds a significant market share in exposure management solutions, leveraging its extensive portfolio of cybersecurity products and services.
  • Key Offering: IBM offers exposure management solutions that combine advanced analytics, threat intelligence, and automation to help organizations identify, prioritize, and mitigate security risks across their environments.

eSentire (Canada):

  • Market Share: eSentire is a prominent player in the exposure management market, particularly in managed detection and response (MDR) services.
  • Key Offering: eSentire's exposure management solutions include continuous monitoring, threat hunting, and incident response capabilities, providing organizations with proactive defense against cyber threats and vulnerabilities.

Mandiant (US):

  • Market Share: Mandiant, a subsidiary of FireEye, is a leading provider of cybersecurity services, including exposure management and incident response.
  • Key Offering: Mandiant offers exposure management solutions that combine threat intelligence, expertise, and technology to help organizations detect, respond to, and recover from security incidents and breaches effectively.

CyCognito (US):

  • Market Share: CyCognito is a growing player in the exposure management market, offering innovative solutions for identifying and prioritizing security risks across digital assets.
  • Key Offering: CyCognito's exposure management platform uses advanced reconnaissance techniques to discover and assess hidden assets, misconfigurations, and vulnerabilities in organizations' attack surfaces, enabling proactive risk mitigation.

Censys (US):

  • Market Share: Censys is known for its internet-wide visibility and security solutions, providing exposure management capabilities for identifying and addressing risks across digital infrastructures.
  • Key Offering: Censys offers exposure management solutions that leverage internet-wide scanning and data analysis to help organizations discover, inventory, and monitor their digital assets, ensuring comprehensive visibility and security posture assessment.

Related Reports:

Exposure Management Market by Component (Solutions and Services), Deployment Mode (Cloud and On-premises), Application (Vulnerability Management, Threat Intelligence, Attack Surface Management), End-user Industry and Region - Global Forecast to 2029

Exposure Management Market Size,  Share & Growth Report
Report Code
TC 8973
RI Published ON
4/7/2024
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