Global
security software market revenues rose 8 per cent to $ 19.2 billion
last year, spurred by practices like bring your own device ( BYOD),
among other issues, global research firm Gartner said on Thursday.
Worldwide revenues from security software market totalled $ 17.7 billion in 2011, the firm added.
"The
evolution of new threats and working practices, such as bring your own
device (BYOD), is driving spending on security," it said.
The
2012 security market saw a continuation of increasing demand for
consumer and enterprise security tools as McAfee's high growth of 37 per
cent boosted the market's overall growth rebound in 2012, Gartner
Research Director Ruggero Contu said.
Spending on security software is also influenced by the evolution of new threats and working practices, he added.
"For
example, as companies increase the mobility of their workforce, this
situation raises new security concerns and requirements. Growing demand
for remote access requires organisations to safeguard off-premises
applications and data, as well as an array of new client devices," he
said.
In
addition, the rapid adoption of virtualisation in the SMB (small and
medium business) market is driving interest in security solutions
targeting virtual environments, he added.
"Security
continues to be a top priority across all technology categories in the
SMB market. The rise of midmarket demand presents a new challenge for
participants in the security space, as SMB requirements are different
from those of larger enterprises," Contu said.
Security
buyers from SMBs are increasingly considering security as a service to
serve as an alternative for deploying security technologies,
particularly for areas such as email and web security, he added.
Such
requirements are leading to market consolidation and more competitive
pricing, as established players acquire pure-play cloud-based
specialists across the security landscape, Contu said.
No comments:
Post a Comment