Mobile and desktop security client software sales up 20% to $4.97 billion in 2011

Telecom Lead India: Combined desktop and mobile security
client software sales increased 20 percent in 2011 to $4.97 billion. The top
players include Symantec, McAfee, Kaspersky and Trend Micro.

The top 4 leaders in the desktop security client software
space – Symantec, McAfee, Kaspersky and Trend Micro – have all increased their
revenue for at least 5 consecutive quarters, and all posted double-digit
percent revenue increases in 2011.

Infonetics expects double-digit percent annual revenue
increases to continue through 2013 for the overall client security market.

The mobile segment of the security client market grew 76
percent in 2011. It is likely to grow at a compound annual growth rate of 35
percent through 2016, growing 5 times as fast as the larger desktop segment.

The emergence of the BYOD phenomenon has forced
companies to re-evaluate the types of computing devices their employees can and
will use, and how they will be securely connected to corporate networks. This
will have a major impact on the growth of the traditional client security
market, the mobile device security market, and the relationship between the
two,” said Jeff Wilson, principal analyst for security at Infonetics Research.

Infonetics’ long-term forecast for the security client
market factors in the trend toward cloud-based security solutions and SaaS,
which tempers growth expectations.

[email protected]



More like this

Will India take strong action against Apple for app store dominance?

The Competition Commission of India (CCI) is set to...

XR industry developments and near-eye display market outlook

Kimi Lin and a team of analysts at Omdia...

Apple to open Tap-and-Go mobile payments to rivals after EU warning

Apple has agreed to open its tap-and-go mobile payments...

Samsung unveils Galaxy Z Fold 6, explaining innovation to fans

Samsung Electronics has launched Galaxy Z Fold 6, its...