Global Open Source Vulnerability Scanner Market By Deployment Mode (Cloud-Based and On-premises), By Application (Network Vulnerability Scanners and Web Application Vulnerability Scanners), By End-User (IT and Telecom, BFSI, Manufacturing, Retail, Government, Travel and Transportation, Energy & Utilities, Healthcare and Other End-Users), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

In 2023, the global open-source vulnerability scanner market was valued at USD 943.7 Million and it is projected to expand to USD 2,624.5 Million by 2032; rising at a CAGR of 12.4% from 2023 to 2032

The Open Source Vulnerability Scanner Market is a rapidly expanding sector important to cybersecurity. As businesses and institutions increasingly digitalize their operations, the need for robust and cost-effective security solutions has heightened. Open-source vulnerability scanners offer an easily accessible and scalable option for identifying security weaknesses in digital infrastructure. Compared to proprietary systems, open source solutions provide a platform for collective intelligence, where global experts can contribute to the refinement and updating of the scanning tools.

Note: Actual Numbers Might Vary In The Final Report

This collaborative approach promotes rapid adaptation to new threats, ensuring that users always have the most current security measures in place. Additionally, open-source scanners offer greater customization, allowing organizations to tailor the tool according to their specific needs. As cybersecurity threats evolve, the market for open-source vulnerability scanners is expected to grow significantly, providing both individual and enterprise users with efficient, affordable, and continually improving options for safeguarding their digital assets.

Key Takeaways

• Market Growth: The global open-source vulnerability scanner market is projected to expand from USD 839.6 million in 2022 to USD 2,624.5 million by 2032, with a significant Compound Annual Growth Rate (CAGR) of 12.4% from 2023 to 2032.
• Deployment Mode: Cloud-based solutions dominate the market, holding a major revenue share of 58.3% in 2022. The cloud-based segment’s popularity stems from its scalability, accessibility, and seamless integration with other cloud-based security tools, providing efficient and flexible vulnerability scanning options.
• Application Segment: Web Application Vulnerability Scanners lead the market, capturing a substantial revenue share of 63.8% in 2022. These scanners are instrumental in securing web-based services against cyber threats such as SQL injections, particularly in complex web architectures like microservices and APIs.
• End-User Analysis: The Banking, Financial Services, and Insurance (BFSI) sector dominate the market, holding the highest market share of 24.2% in 2022. Open-source vulnerability scanners play a vital role in securing sensitive data associated with financial transactions and real-time intelligence against cyber-attacks.
• Drivers: The escalating concerns about cybersecurity are driving the growth of the open-source vulnerability scanner market. The constant influx of cyber threats and attacks has led organizations to seek effective solutions for detecting and mitigating vulnerabilities, making open-source vulnerability scanners a cost-effective option for bolstering security protocols.
• Restraints: The lack of robust support and consistent maintenance poses a significant challenge to the global market for open-source vulnerability scanners. Although these scanners offer various advantages, the absence of well-defined support avenues and regular updates can impede effective risk management and expose vulnerabilities.
• Opportunity: Expanding into emerging economies presents an excellent growth opportunity for the open-source vulnerability scanner market. These markets are rapidly digitizing but may have inadequate cybersecurity measures, making cost-effective open-source scanners an attractive option for businesses and government organizations operating on tighter budgets.
• Trends: The integration of AI and machine learning into open-source vulnerability scanners is driving the trend toward enhanced threat intelligence. AI-powered automation can prioritize vulnerabilities, assess potential consequences, and provide personalized remediation suggestions, ultimately saving time for security personnel and enhancing risk management capabilities.
• Regional Analysis: North America leads the market with the highest revenue share of 37.4%, driven by early technology adoption and a strong emphasis on cybersecurity. The Asia-Pacific (APAC) region is expected to register the highest CAGR during the forecast period, primarily due to rapid technological adoption and digital transformation initiatives.
• Key Players: Notable companies in the open-source vulnerability scanner market include Nmap Software LLC, OWASP ZAP, Greenbone Networks GmbH, Rapid7, W3af, Subgraph OS, Tenable, Inc., Atomicorp, and Sonatype, Inc., among others.

Deployment Mode Analysis

Cloud-Based Segment Dominates the Market by Holding Major Revenue Share

Based on Deployment Mode, the market is further divided into cloud-based and on-premise segments. The cloud segment holds the highest market share of 58.3% in 2022. The growth of the Cloud-Based segment can be attributed to its various benefits. These cloud-based solutions excel in terms of scalability, easily adapting to variable workloads. They offer widespread accessibility, empowering organizations to conduct asset scans from any location, thereby enhancing convenience and adaptability. Cloud-based scanners are swift to deploy, promptly addressing emerging security threats. Their harmonious integration with other cloud-based security tools bolsters overall cybersecurity measures.

Application Analysis

Web Application Vulnerability Scanners Dominate the Application Segment with a Major Revenue Share in Account

The market is fragmented based on application into network vulnerability scanners and web application vulnerability scanners segment. Among these application segments, the web application vulnerability scanners segment held a major revenue share of 63.8% in 2022. The upsurge in web-based services and platforms has made them a critical target for cyber threats like SQL injections. Web application vulnerability scanner tools offer deep scans specifically at the application layer, something network scanners generally don’t cover. This has made them vital for organizations, particularly with the rise in complex web architectures like micro services and APIs.

Note: Actual Numbers Might Vary In The Final Report

End-User Analysis

The BFSI Segment Dominating the Market Growth Globally

Based on End-User, the market is divided into IT and telecommunications, BFSI, manufacturing, retail, government, travel and transportation, energy & utilities, healthcare, and other end-users. Among the end-user segments, the BFSI segment holds the highest market share of 24.2% in 2022. The demand for open-source vulnerability scanners is high across banking, insurance, and financial institutions, driving the growth of the market. Banks, financial and insurance organizations are helped by cloud application security solutions in securing confidential data associated with real-time intelligence against cyber-attacks.

Key Market Segments

Based on the Deployment Mode

• Cloud-Based
• On-Premise

Based on Application

• Network Vulnerability Scanners
• Web Application Vulnerability Scanners

Based on End-User

• IT and Telecom
• BFSI
• Manufacturing
• Retail
• Government
• Travel and Transportation
• Energy & Utilities
• Healthcare
• Other End-Users

Drivers

Escalating Cybersecurity Concerns

The increasing concerns about cybersecurity are propelling the growth of the worldwide open-source vulnerability scanner market. The constant influx of cyber threats and attacks has compelled organizations to search for effective remedies to detect and mitigate vulnerabilities in their software and systems. Open-source vulnerability scanners have emerged as an economical solution to bolster security protocols and provide protection against potential breaches. By deploying these scanners, organizations can systematically safeguard themselves against potential breaches in a cost-effective manner.

Restraints

Lack of Support and Maintenance

The lack of robust support and consistent maintenance presents a notable obstacle to the global market for open-source vulnerability scanners. While these solutions offer various advantages, they also expose vulnerabilities when it comes to sustained support and ongoing upkeep. Organizations significantly depend on vulnerability scanners to ensure the security of their software and systems. The absence of well-defined support avenues and periodic updates for open-source vulnerability scanners can hamper effective risk management. Insufficient support could potentially lead to difficulties in diagnosing issues, understanding complicated functionalities, and rectifying glitches.

Opportunity

Emerging Markets Penetration

Expanding into developing economies presents an excellent opportunity for growth in the open-source vulnerability scanner market. These markets are rapidly digitizing. However, they may have inadequate cybersecurity measures. The cost-effectiveness of open-source scanners makes them a great option for businesses and governmental organizations operating on tighter budgets.

By entering these emerging markets, companies not only open the door for potential significant increases in revenue but also have the chance to create enduring partnerships with local organizations and authorities. A focus on customizing products to meet the specific requirements of these regions could give businesses a competitive edge and a unique market position.

Trends

AI-Powered Automation for Threat Intelligence

The integration of AI and machine learning into open-source vulnerability scanners is propelling the trend toward enhanced threat intelligence. These sophisticated functionalities play a crucial role in prioritizing vulnerabilities by assessing their potential consequences, the probability of being exploited, and leveraging historical data for context. Scanners with AI can also craft personalized suggestions for remediation, leading to time savings for security personnel and effective management of risks.

Regional Analysis

The North American region dominates the market with the highest revenue share of 37.4%. Over the past years, the early adoption of new technologies has driven the growth of the region in the global market. The region boasts a significant concentration of technology firms, startups, and corporations deeply committed to reinforcing cybersecurity measures. Moreover, the region has been at the forefront of embracing digital transformation across various sectors, including finance, healthcare, and education, thereby expanding the need for comprehensive cybersecurity measures, including vulnerability scanning. APAC region is expected to register the highest CAGR during the forecast period owing to the rapid technological adoptions in the region.

Note: Actual Numbers Might Vary In The Final Report

Key Regions and Countries Covered in this Report:

• North America
  • The US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Russia
  • Netherland
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • New Zealand
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Players Analysis

The open-source vulnerability scanner market is divided among numerous companies offering different kinds of vulnerability scanning tools. Such key players in this space are expanding their reach by offering more advanced and enhanced vulnerability scanning tools; companies are strengthening their market position through strategic partnerships and collaboration agreements; some major market players include Nmap Software LLC, OWASP ZAP, Greenbone Networks GmbH Rapid7 W3af Subgraph OS Tenable Inc Atomicorp Sonatype Incorporated Tenable Inc and other Key Players.

Market Key Players

• Nmap Software LLC
• OWASP ZAP
• Greenbone Networks GmbH
• Rapid7
• W3af
• Subgraph OS
• Tenable, Inc.
• Atomicorp
• Sonatype, Inc.
• Other Key Players

Recent Developments

• In June 2023, Nmap launched a new version of its security scanner that includes several improvements, such as upgraded Npcap, improved speed of SMB scripts, and upgraded OpenSSL

Report Scope