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Global security software market up 4.9%

Worldwide security software revenue totalled $19.9bn in 2013, says Gartner

Global security software market up 4.9%
The 4.9% growth seen in 2013 was lower than expected, said Gartner

Worldwide security software revenue reached $19.9bn in 2013 - a 4.9% increase over 2012's revenue of $19bn, according to the latest numbers from Gartner.

The growth, however, was lower than expected, due to the commiditisation of a few key sub-segments, and two of the top five vendors experiencing a decline in growth, Gartner said.

"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 e-mail gateway (SEG) sub-segments (particularly consumer endpoint software) that in 2013 accounted for around 25% of the total security software market," said Ruggero Contu, research director at Gartner.

"Overall, the larger trend that emerged in 2013 was that of the democratisation of security threats, driven by the easy availability of malicious software and infrastructure (via the underground economy) that can be used to launch advanced targeted attacks."

Contu said that the ubiquity of security threats has led organisations to the realisation that traditional security approaches have gaps. This has led them to re-think their security strategies, and invest more in security technology, he explained.

Contu added that this caused business units to become involved in security purchase decisions, which he said had both positive and negative effects on vendor software revenue.

The top two security software vendors remained in the same places as last year, Gartner said, with Symantec in first place and McAfee and second. However, IBM took third place this year, displacing Trend Micro, which dropped to fourth place, according to Gartner's numbers. This was the first time in many years that a broad portfolio vendor such as IBM has been able to enter the top three, Gartner said.

More detailed analysis is available in Gartner's full report on the security software market.

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