Global Security Software Market 2015-2019 - Increased Demand for Integrated Security Suites with Emc², IBM, McAfee, Symantec & TrendMicro Dominating

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Apr 01, 2015, 06:28 ET

DUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/zzkg8w/global_security) has announced the addition of the "Global Security Software Market 2015-2019" report to their offering.

The Global Security Software market to grow at a CAGR of 11.11% over the period 2014-2019.

Security software comprise a suite of security products. Their scope encompasses several areas such as data protection, compliance, architecture, email security, web security, governance, data loss prevention, security information and event management, and identity and access. A security software solution provides several features such as encryption, endpoint monitoring, identity and access management, intrusion detection, vulnerability scanning, and application and messaging security.

Security software are gaining more traction among large enterprises because they help protect business-critical information from unauthorized access and data theft. Security software enable organizations to keep their computer systems protected from malware, worms, and other potential threats.

Growing demand for integrated security suites is one of the major trends emerging in the market. End-users prefer vendors that provide integrated and converged security suites, as against opting for different security suites that may lead to integration issues. Therefore, there is a high adoption of solutions with better integration.

According to the report, increased use of mobile devices is one of the major drivers contributing to the market growth. With advances in technology, individuals have become reliant on mobile devices for e-commerce, bill payment, and accessing social networking sites. This is creating the need for advanced security to protect personal information from data loss or theft.

Further, the report states that availability of inexpensive and free security solutions is a major challenge in the market. These solutions also offer advanced features such as anti-rootkit scan, backup, firewall, and email scanning. As these freely available security solutions offer the required features and functionalities, consumers are opting for these over-paid security solutions.

To calculate the market size, the report considers the revenue generated from the following segments of the Global Security Software market:

Endpoint Security (corporate and consumer endpoint security solutions)
SIEM (SIEM services and solutions including log and event management, firewall security management, and patch management)
Secure Email Gateway (on-premise and cloud-based secure email gateway solutions)
Secure Web Gateway (on-premise and cloud-based secure web gateway solutions)
Data Loss Prevention (enterprise content aware data loss prevention solution, data loss prevention lite, and channel data loss prevention solution)

Key Vendors