Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 18 August 2010 12:04

Security software market to grow by 11 per cent

Written by Nick Farell
y_analyst

Gartner has spoken
Soothsayers and readers of tarot cards working for the analysts Gartner group have been watching the flight of swallows and come the conclusion that the security software market will grow by 11 per cent this year.

According to the outfit , security software is always going to be in demand. Worldwide security software revenue forecast is likely to surpass US$16.5 billion in 2010, this marks an 11.3 per cent increase from the 2009 revenues of US$14.8 billion.

Identity and access management have been the key growth areas. Gartner said it takes around eight per cent of company security budgets. Ruggero Contu, principal research analyst at Gartner, said: “Most segments of the security software market will continue to grow over the next few years, although a significant degree of variation is expected between the more-established and less-mature technologies.

“Security software vendors that have a balanced mix of channel, new licence and maintenance revenue streams and flexibility in contractual terms, such as Software-as-a-Service (SaaS), open source and outsourcing, have the strongest options for continued growth and to even out the risk,” he said.

Matthew Cheung, senior research analyst at Gartner, predicted that virtual products and appliances will continue to overtake traditional software licensing over the next six to 12 months.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments