Gartner: Worldwide security software revenue increases

13.09.2006
Driven by continued growth in the anti-virus software market, worldwide security software revenue totalled US$7.4 billion in 2005, a 14.8 percent increase from 2004 revenue of $6.4 billion, according to Gartner. Anti-virus software revenue totalled $4 billion in 2005, and it accounted for 54.3 percent of the total security software industry.

'Security spending remained a priority for organizations in 2005, and the industry will continue to experience strong growth for the next few years, as compliance and government regulations continue to play a significant role in security spending decisions,' says Nicole Latimer-Livingston, principal research analyst at Gartner.

'Currently, the major technology trend is moving in the direction of endpoint security suites of products. The market for individual desktop security products is converging, and the market opportunity for stand-alone, signature-based anti-virus products, stand-alone anti-spyware products and stand-alone personal firewalls is limited. Because of the changing threat landscape, security software vendors will need to include more functionality at a more competitive price,' she adds.

Symantec continued to lead the security software market in 2005, as its market share totalled 32.2 percent of worldwide revenue. Symantec continued to be the dominant vendor in the anti-virus segment, as its sales accounted for 53.6 percent of the market.