Gartner Says Security Software Market Grew 7.5 Percent in 2011
Gartner Says Security Software Market Grew 7.5 Percent in 2011
Key Issues Facing Security Industry to Be Examined at Upcoming Gartner Security & Risk Management Summits 2012 in Maryland, Sydney and London
STAMFORD, Conn., April 26, 2012—Worldwide security software revenue totaled $17.7 billion in 2011, a 7.5 percent increase from 2010 revenue of $16.4 billion, according to Gartner, Inc. Small or midsize business (SMB) demand, advanced persistent threats and compliance were among the main drivers.
"Growth in the 2011 security market reflects a continuation in demand for consumer and enterprise security tools," said Ruggero Contu, research director at Gartner. "However, despite overall solid growth, some regions did not experience the high-double-digit growth of emerging Asia/Pacific and Eurasia, which has been driven by 'greenfield' projects and buoyant economies. Western Europe remained the laggard because of the region's uncertain economic situation."
The security software market continued to show resilience at a time of IT budget restrictions and despite Intel writing down considerable revenue following its McAfee acquisition, which prevented the market from reaching double-digit growth. McAfee was acquired by Intel on 28 February 2011, and the company's significant decline in revenue in 2011 was due to the fact that, as a result of normal purchase accounting rules, Intel was required to write down approximately 30 percent of McAfee's $1.4 billion of deferred revenue.
Retaining its market share lead in both the consumer and enterprise security space, Symantec recorded an annual growth rate of 17 percent, reaching $3.7 billion in 2011 (see Table 1). Symantec has continued to expand is offering beyond the traditional endpoint security market by leveraging its competency and mind share in the storage/data backup space and by putting a new focus on securing data, both at rest and in motion, through its data loss prevention (DLP) and encryption products.
Table 1
Security Software Revenue Market Share Estimates, Worldwide, 2011 (Millions of Dollars)
Company | 2011 Revenue | 2011 Market Share (%) | 2010 Revenue | 2010-2011 Growth (%) |
3,652.0 | 20.6 | 3,121.6 | 17.0 | |
McAfee | 1,226.0 | 6.9 | 1,691.6 | -27.5 |
Trend Micro | 1,205.1 | 6.8 | 1,082.5 | 11.3 |
IBM | 930.1 | 5.3 | 814.7 | 14.2 |
| EMC | 716.1 | 4.0 | 626.6 | 14.3 |
Others | 9,985.8 | 56.4 | 9,137.2 | 9.3 |
Total | 17,715.1 | 100.0 | 16,474.2 | 7.5 |
Source: Gartner (April 2012)
Trend Micro was the other major market share leader in the security software market with a strong presence in both the consumer and enterprise security space. During 2011, Trend Micro grew 11 percent, generating $1.2 billion revenue, growth that unlike that of its main market competitors, was organic rather than from acquisitions.
"Products within the security market are undergoing rapid evolution, in terms of both new delivery models — with security as a service (SaaS) showing increasing popularity — and new technologies being introduced, often by startup companies," Mr. Contu said. "Key vendors continued to expand their product portfolios in 2011, buying companies where appropriate and expanding their reach into emerging markets. Merger-and-acquisition activity also has been an important factor in shaping the market landscape, at least during the past five years. "
Additional information is available in the Gartner report "Market Share Analysis: Security Software, Worldwide, 2011." The report is available on Gartner's website athttp://www.gartner.com/resId=1982317.
About Gartner Security & Risk Management Summit 2012
Gartner analysts will examine the key issues facing the security industry during the Gartner Security & Risk Management Summit. The Gartner Security & Risk Management Summit features four programs focusing on security; risk management and compliance; business continuity management; and chief information security officer (CISO) roles to deliver detailed, role-specific content and networking. Each program offers a full agenda of analyst sessions, keynotes, roundtable discussions, case studies, workshops and more.
For further information about the Gartner Security & Risk Management Summit 2012 taking place June 11-14 in Maryland, please visit www.gartner.com/us/itsecurity. Members of the media can register by contacting Christy Pettey atchristy.pettey@gartner.com.
The Gartner Security & Risk Management Summit 2012 in Sydney will be held July 16-17. More information is available at www.gartner.com/ap/security. Members of the media can register by contacting Susan Moore at susan.moore@gartner.com.
For additional details about the Gartner Security & Risk Management Summit 2012 taking place September 19-20 in London, please visithttp://www.gartner.com/technology/summits/emea/security/. Members of the media can register by contacting laurence.goasduff@gartner.com.
Additional information from the event will be shared on Twitter athttp://twitter.com/Gartner_inc and using #GartnerSEC.
Contacts:
Gartner
+1 408 468 8312
christy.pettey@gartner.com Rob van der Meulen
Gartner
+44 0 1784 267892
rob.vandermeulen@gartner.com
About Gartner:
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