Exposure Management Market to Reach $15.11 Billion by 2032
Source: globenewswire.com
Exposure Management Market Growth
The Exposure Management Market, valued at USD 1.99 billion in 2023, is projected to reach USD 15.11 billion by 2032, growing at a CAGR of 25.3% from 2024 to 2032. Market growth is driven by increasing cyber threats, regulatory compliance, and proactive risk management.
Advanced solutions are needed to determine vulnerabilities, and AI with automation is accelerating demand for strong security assessment across sectors undergoing digital transformation.
US Market Growth
The U.S. Exposure Management Market, valued at USD 0.46 billion in 2023, is anticipated to reach USD 3.08 billion by 2032, with a CAGR of 23.7% from 2024 to 2032. This growth is driven by increasing cyber threats and regulatory demands.
Market Segmentation
Component Analysis
The solutions segment dominated the exposure management market in 2023 with 65% revenue share, driven by the need for AI-powered risk assessment and vulnerability management solutions. The services sector is witnessing the fastest growth with a projected CAGR of 26.4% during 2024-2032, supported by managed services and consulting.
Application Analysis
Vulnerability management dominates the exposure management space. Attack surface management is the most rapidly growing segment due to cloud adoption and remote work.
End-Use Analysis
The BFSI sector leads the exposure management market with a 32% share due to the need to secure financial information. The IT and ITES segment is growing at the fastest CAGR of 26.6%, driven by rising cyber risks linked with cloud infrastructure and digital services.
Regional Analysis
North America held a dominant 34% market share in 2023 due to its cybersecurity environment and regulatory requirements. Asia Pacific is expected to grow at the highest rate, with a 26.2% CAGR between 2023 and 2032, driven by digital transformation and IoT growth.