Canada Patch Management Market Size & Outlook, 2023-2030

The patch management market in Canada is expected to reach a projected revenue of US$ 109.4 million by 2030. A compound annual growth rate of 9.4% is expected of Canada patch management market from 2024 to 2030.
Revenue, 2023 (US$M)
$58.4
Forecast, 2030 (US$M)
$109.4
CAGR, 2024 - 2030
9.4%
Report Coverage
Canada

Canada patch management market highlights

  • The Canada patch management market generated a revenue of USD 58.4 million in 2023 and is expected to reach USD 109.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating solution in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.

Patch management market data book summary

Market revenue in 2023USD 58.4 million
Market revenue in 2030USD 109.4 million
Growth rate9.4% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideMicrosoft Corp, Broadcom Inc, International Business Machines Corp, VMware, Qualys Inc, Freshworks Inc Ordinary Shares Class A, SolarWinds Corp Ordinary Shares, Thoma Bravo, Symantec, Automox, Kaseya, NinjaOne, Pulseway, Heimdal, SysAid

Other key industry trends

  • In terms of revenue, Canada accounted for 8.1% of the global patch management market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. patch management market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 109.4 million by 2030.

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Patch Management Market Scope

Patch management market segmentation & scope
Software
Services
Cloud
On-premise
Small and medium-sized enterprises
Large enterprises
BFSI
IT and Telecom
Retail & E-commerce
Healthcare
Manufacturing
Government
Energy & Utilities
Others

Patch Management Market Companies

Name Profile # Employees HQ Website

Canada patch management market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to patch management market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 64.04% in 2023. Horizon Databook has segmented the Canada patch management market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Patch Management Solution Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
  • Canada Patch Management Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Canada Patch Management Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • Canada Patch Management Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT and Telecom
    • Retail & E-commerce
    • Healthcare
    • Manufacturing
    • Government
    • Energy & Utilities
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada patch management market , including forecasts for subscribers. This country databook contains high-level insights into Canada patch management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada patch management market size, by solution, 2018-2030 (US$M)

Canada Patch Management Market Outlook Share, 2023 & 2030 (US$M)

Canada patch management market size, by solution, 2018-2030 (US$M)

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