Global Security Software Market 2015-2019
About Security Software
Security software comprise a suite of security products. Their scope encompasses several areas such as data protection, compliance, architecture, email security, web security, governance, data loss prevention, security information and event management, and identity and access. A security software solution provides several features such as encryption, endpoint monitoring, identity and access management, intrusion detection, vulnerability scanning, and application and messaging security. Security software are gaining more traction among large enterprises because they help protect business-critical information from unauthorized access and data theft. Security software enable organizations to keep their computer systems protected from malware, worms, and other potential threats.
TechNavio's analysts forecast the Global Security Software market to grow at a CAGR of 11.11 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and growth prospects of the Global Security Software market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the following segments of the Global Security Software market:
TechNavio Announces the Publication of its Research Report – Global Security Software Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Security Software Market: Emc² Corp., IBM Corp., McAfee Inc., Symantec Corp. and Trend Micro Inc.
Other Prominent Vendors in the market are: Avast Software, AVG Technologies, Check Point Software Technologies, Cisco Systems, Fortinet, F-Secure, Imperva, Kaspersky Lab, Microsoft, Panda Security, Sophos, TripWire, Websense and Zscaler.
Commenting on the report, an analyst from TechNavio’s team said: “Growing demand for integrated security suites is one of the major trends emerging in the market. End-users prefer vendors that provide integrated and converged security suites, as against opting for different security suites that may lead to integration issues. Therefore, there is a high adoption of solutions with better integration.”
According to the report, increased use of mobile devices is one of the major drivers contributing to the market growth. With advances in technology, individuals have become reliant on mobile devices for e-commerce, bill payment, and accessing social networking sites. This is creating the need for advanced security to protect personal information from data loss or theft.
Further, the report states that availability of inexpensive and free security solutions is a major challenge in the market. These solutions also offer advanced features such as anti-rootkit scan, backup, firewall, and email scanning. As these freely available security solutions offer the required features and functionalities, consumers are opting for these over-paid security solutions.
Emc², IBM, McAfee, Symantec, TrendMicro , Avast Software, AVG Technologies, Check Point Software Technologies, Cisco Systems, F-Secure, Fortinet, Imperva, KasperskyLab, Microsoft, Panda Security, Sophos, TripWire, Websense, Zscaler