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Gartner UK Ltd

Gartner Says Worldwide Security Software Market Grew 4.9 Per cent in 2013

Analysts to Focus on Top Security Trends at Gartner's 2014 Security and Risk Management Summits, 23-26 June in National Harbor, MD, 25-26 August in Sydney, 8-9 September in London and 15-16 September in Dubai

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Worldwide security software revenue totalled $19.9 billion in 2013, a 4.9 per cent increase from 2012 revenue of $19.0 billion, according to Gartner, Inc. The lower-than-expected growth was due to commoditisation of key subsegments and the decline in growth for two of the top five vendors.

"The market experienced slower, but still healthy, growth in 2013. This slightly tempered growth was partly due to the increased commoditisation of the endpoint security (particularly consumer endpoint software) and secure email gateway (SEG) subsegments (particularly consumer endpoint software) that in 2013 accounted for around 25 per cent of the total security software market,"
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