Gartner Says Security Software Market Robust

Thursday, June 19, 2008

Worldwide security software revenue market totalled $10.4 billion in 2007, an increase of 19.8% from 2006 revenue of $8.7 billion, according to Gartner, Inc.  Analysts said there is an increasing shift toward offering appliance based products, particularly within certain segments such as e-mail security and secure Web gateway markets.  “Compliance, data leakage and privacy issues, along with the need to tackle the fast evolving and sophisticated threat environment, are among the major drivers fuelling the growth of spending on security,” said Ruggero Contu, principal research analyst at Gartner.

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