Worldwide Application Vulnerability Management Market Shares, 2023: Evolving Application Security with GenAI, Developer Experience, and a Holistic View of Risk

This IDC study represents estimates of market sizes and vendor shares for the worldwide application vulnerability management software market in 2023. The study includes worldwide market revenue, growth rates, and detailed revenue and market share data for leading vendors, along with a three-year history of vendor revenue trends for 2021-2023. "In 2023, the application vulnerability management market witnessed a remarkable growth of 14.8%, reaching $2.9 billion. This growth reflects a significant market transformation toward platforms that provide a more holistic view of application risk in response to the overwhelming challenge of prioritizing and remediating vulnerabilities in an increasingly complex digital environment," said Katie Norton, research manager, DevSecOps and Software Supply Chain Security at IDC. "As these technologies are redefining application vulnerability management, staying ahead in this evolving market is not just an option - it's a necessity for survival and success."