Automation of Businesses To Steer Patch Management Software Demand

Business organizations across industries are increasingly adopting automation solutions, as they help achieve optimal efficiency, reduce operational costs, and improve productivity. The automation of information technology (IT) departments facilitates the installation of missing patches through automated workflows, to avoid the requirement for manual remediation.

Thus, the increasing deployment of automated solutions in IT departments of businesses will facilitate the adoption of patch management software, globally. Additionally, automation of enterprises will also create an extensive requirement for training, consulting, integration and support, data protection, cloud computing, software development, and network security services.

Moreover, the surging need to mitigate vulnerabilities in the software will drive the patch management market at a healthy CAGR of 17.8% during the forecast period (2020–2030). According to P&S Intelligence, the market revenue stood at $535.4 million in 2019 and it will reach $3,245.6 million by 2030. In recent years, servers of enterprises have become extremely vulnerable to cyber-attacks due to the growing internet penetration.


 To reduce the surging risks, businesses are deploying security solutions and keeping systems updated. In the preceding years, on-premises patch management solutions were preferred over cloud-based solutions, as the former offers full control over the data of an organization and provides improved security from external threats. Furthermore, in the coming years, cloud-supported solutions will also be adopted on a large scale as they help reduce the total cost of ownership.

Cloud-enabled patch management solutions are cost-effective because they do not require enterprises to deploy or maintain data centers and allow business organizations to focus on their core business to attain optimum efficiency. Therefore, the rising shift toward automation solutions and the increasing incidence of cyber-attacks will accelerate the adoption of patch management solutions in the forthcoming years.

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