Announcement posted by Gartner 23 Jun 2009
Worldwide security software market
revenue totalled US$13.5 billion in 2008, an increase of 18.6 per cent from
2007 revenue of $11.3 billion, according to Gartner, Inc. Analysts said there
was an increasing demand for appliance-based products, particularly within
certain segments such as, e-mail security and secure web gateway markets.
“In 2008, the security
market did not show any noticeable impact from the economic downturn,” said
Ruggero Contu, principal research analyst at Gartner. “A double-digit growth in
a challenging economic climate shows that security remains a key priority for
CIOs and IT security leaders.”
Globally, data security and
privacy, along with the need to protect IT infrastructure from the ever
increasing sophisticated and targeted attacks, are among the key drivers fuelling
the growth of IT security software spending. For organisations operating in
North America and
The combined top five
vendors’ market share is gradually falling in favour of smaller players, a sign
that security remains a dynamic market where smaller players, new entrants and
specialist vendors provide an effective challenge to the established leaders.
Symantec continued to be
the market leader, as it accounted for 22 per cent of worldwide security
software in 2008 (see Table 1). However, the company’s market share was down
from 2007 when it accounted for 24.4 per cent of the market. McAfee experienced
the strongest growth rate among the top five vendors, as its revenue increased
20.5 per cent in 2008.
Table
1
Worldwide:
Security Software Vendor Revenue, 2008 (Millions of US Dollars)
Company |
2008 Revenue |
2008 Market
Share (%) |
2007 Revenue |
2007 Market
Share (%) |
2008-2007
Growth (%) |
2,968.7 |
22.0 |
2,768.5 |
24.4 |
7.2 |
|
McAfee |
1,475.7 |
10.9 |
1,225.2 |
10.8 |
20.5 |
Trend
Micro |
938.5 |
7.0 |
809.2 |
7.1 |
16.0 |
IBM |
693.0 |
5.1 |
607.9 |
5.4 |
14.0 |
EMC |
537.6 |
4.0 |
494.9 |
4.4 |
8.6 |
Others |
6,866.0 |
50.9 |
5,456.0 |
48.0 |
25.9 |
Total |
13,479.7 |
100.0 |
11,361.3 |
100.0 |
18.6 |
All software
segment types, including appliances
Source:
Gartner (June 2009)
The segments in the appliance-based
products that recorded the fastest growth in 2008 were, security information
and event management (SIEM), e-mail security boundary, and secure web gateway
appliance with 50 per cent, 37.7 per cent and 29.9 per cent increases respectively.
Web access management (WAM) and endpoint protection platform
(EPP) were the slowest performing segments. Web access management (WAM)
technologies have reached maturity and few vendors experienced strong
customer-base growth, with the majority experiencing mid-to-low single digit
growth. The low growth of the EPP suite was impacted by the mature and slow
growing antivirus component, which is the largest product component in terms of
revenue.
From a region perspective,
“During times of economic
uncertainty and budget restrictions, IT security leaders increasingly need to
show business value and cost-effectiveness for security measures, and this has
impacted and slowed sales cycles,” concluded Mr Contu. “However, new product
delivery methods, such as software as a service (SaaS) and host based
offerings, and expected increasing interest from the small and midsize business
(SMB) sector will sustain growth in the market in 2009.”
In 2009, Gartner predicts that
the security software market will show signs of slowdown but will continue to
grow at around 9 per cent.
Note
to editors:
In the reporting of 2008
security software market, Gartner updated the market segmentation in order to
keep up with product offering and purchasing trends changes and technology
evolution. As a result, end point security platform and consumer security
segments replace enterprise and consumer security antivirus and secure web
Gateway replaces URL filtering.
Additional detail is available in the Gartner report “Market Share:
Security Market, Worldwide 2008." The report is available on Gartner’s
website at http://www.gartner.com/DisplayDocument?ref=g_search&id=1006715&subref=simplesearch.
Gartner analysts will discuss security trends at the Gartner
Information Security Summit 2009, taking place 15-16 September in
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