Qualys announced today that for the fifth consecutive year, IDC has ranked the company #1 for Worldwide Device Vulnerability Assessment Revenue Share, with 14.5% market share for 2012. The Worldwide Security and Vulnerability Management 2013-2017 Forecast and 2012 Vendor Shares report also shows Qualys has increased its market share in the overall category of Vulnerability Assessment (VA) for 2012, which includes both Device VA and Application VA. Qualys is ranked No. 2 with 9.4 percent market revenue share, up from 8.6 percent in 2011.
“Even with recent economic uncertainty, companies have continued to invest in security and vulnerability management due to the rise in threats and expanding government regulations,” said Charles Kolodgy, research vice president for IDC’s security products. “Organizations are looking for affordable solutions that reduce the complexity of effective risk management. With its cloud platform, Qualys continues to grow its market share by meeting this need with cost-effective, powerful,l automated solutions to help organizations monitor and protect against possible attacks while meeting compliance regulations.”
According to the report, revenue in the Security and Vulnerability Management (SVM) market was $4.2 billion in 2012 compared to $3.8 billion in 2011. IDC believes the SVM market will remain on a positive growth trajectory in 2013, with revenue anticipated to be $4.6 billion, and forecasts that the SVM market will reach $6.5 billion in 2017.