Frost & Sullivan has named Tenable a leader in its Frost Radar: Global Vulnerability Management Market, 2021 report. The company, which was named first for persistent growth and continual innovation, also cemented its position as a market leader, accounting for 37.7% of the worldwide vulnerability management market’s revenue.
“Tenable’s leadership in the industry is a direct result of its continued product innovation and growth — bringing deep visibility and advanced analytics to every corner of an organization’s attack surface,” said Swetha R K, senior industry analyst, Frost & Sullivan.
She added, “Backed by applied research and comprehensive vulnerability coverage, Tenable has strong assessment and prioritization capabilities built into its product suite.”
“Vulnerability management has become a strategic imperative and investment for organizations operating in the digital world,” said Nico Popp, chief product officer, Tenable.
He added, “Our company vision, strategy and product innovation position us as clear leaders in the market. We’re excited Frost & Sullivan has recognized our current leadership in the industry and our strong potential moving forward.”
The capacity to quickly embrace and integrate new technologies into business environments is crucial for firms of all sizes to remain nimble and competitive in an increasingly digital economy. However, the pace of innovation and deployment frequently outpaces security measures, opening up new attack vectors and leaving enterprises vulnerable.
Tenable’s product innovation, which delivers unified visibility and risk-based prioritization across a wide range of cloud-based and on-premises infrastructure, including modern assets, operational technology, containers, Active Directory, and web apps, was recognized by Frost & Sullivan. Security teams can swiftly detect, investigate, and prioritize the most likely problems to damage their organization thanks to the industry’s most comprehensive vulnerability coverage. Tenable’s advanced analytics and measurement capabilities also give CISOs with valuable business insights, allowing them to confidently convey their security posture.
According to Frost & Sullivan, demand for vulnerability management will remain robust and sustained between 2020 and 2025, with market revenues growing at a compound annual growth rate (CAGR) of 16.3 percent.