Vendor Highlight

Mobile Broadband Boost

As the demand for a smooth and seamless integration of Wi-Fi access becomes increasingly important part for the mobile broadband service, Ericsson has announced its 3GPP compliant Wi-Fi network access, control and management solutions.

Read more ...

Expert Talk

Securing Utilities Infrastructure

As a highly critical sector, the oil and gas infrastructure should be one of the most secure, both physically and digitally. This is not the case.

Read more ...


Worldwide security software revenue totaled US$17.7 billion in 2011, a 7.5 percent increase from 2010 revenue of $16.4 billion, according to market analyst Gartner. 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 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 revenue following its McAfee acquisition. McAfee was acquired by Intel in 2011 and the company's decline in revenue that year was due to the fact that Intel had to write down 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. Symantec has continued to expand its offering beyond the traditional endpoint security market by leveraging its competency and mind share in the storage/data backup space. The vendor has also placed new focus on securing data, both at rest and in motion, through its data loss prevention (DLP) and encryption products.


You have no rights to post comments