Gartner Says Worldwide Security Software Market Grew 3.7 Per Cent in 2015

Analysts to Focus on Top Security Trends at Gartner Security & Risk Management Summits 2016 in Sao Paulo, Sydney, Mumbai and London

Egham, UK, (PresseBox) - Worldwide security software revenue totaled $22.1 billion in 2015, a 3.7 per cent increase in from 2014, according to Gartner, Inc. (see Table 1). Security information and event management (SIEM) remained the fastest-growing segment in 2015, with 15.8 per cent growth, while consumer security software showed the sharpest decline at 5.9 per cent year on year.

In 2015, the top five vendors together accounted for 37.6 per cent of the security software revenue market share, down 3.1 percentage points from 2014. These vendors also displayed a collective decline of 4.2 per cent in 2015, while the rest of the market (Others) grew strongly at 9.2 per cent year on year.

"The below-market growth seen by these large vendors with complex product portfolios is in contrast to the market growth and disruption being introduced by smaller, more specialised security software vendors," said Sid Deshpande, principal research analyst at Gartner.

Symantec maintained the No. 1 position despite the company suffering its third consecutive year of revenue decline and its highest decline in revenue over a three-year period. Its security software revenue declined 6.2 percent to $3.4 billion. In 2015, 74 percent of Symantec's revenue came from the consumer and endpoint protection platform (EPP) categories, which collectively declined 7 per cent year on year and were a major contributor to Symantec's revenue decline.

Intel’s security software revenue also declined in 2015, with revenue falling 4.1 per cent to $1.75 billion. Once again, the decline in the consumer and EPP markets, which accounted for 75 percent of Intel's revenue in 2015, contributed in large part to Intel's revenue decline. IBM was the only one of the top five vendors to show growth. IBM’s security software revenue grew 2.5 per cent to total $1.45 billion in 2015. IBM's growth was driven by its positive performance in the SIEM segment and its significant services business, which generates revenue for its product business.

More detailed analysis is available to Gartner clients in the report "Market Share Analysis: Security Software, Worldwide, 2015."

Gartner Security & Risk Management Summits

Gartner analysts will provide additional analysis on IT security trends at the Gartner Security & Risk Management Summits 2016 taking place in Sao Paulo, Sydney, Mumbai and London. Follow news and updates from the events on Twitter at #GartnerSEC.

Gartner UK Ltd

Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 8,100 associates, including more than 1,700 research analysts and consultants, and clients in more than 90 countries. For more information, visit www.gartner.com.

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