Gartner reports WW 2011 security software revenues reach $17.7 billion with 7.5% Y-o-Y growth-- with growth drivers including demand from SMBs, advanced persistence threats and compliance.
However the analyst describes the situation in W. Europe as "laggard" (due to persistent economic uncertainty) even as merging markets drive demand for both consumer and enterprise security tools.
Then again, security software continues showing resilience, even in these times of IT budget restrictions. It is also undergoing rapid evolution-- both in delivery models (Security as a Service is becoming increasingly popular) and technologies, with startup companies often introducing further innovation to the market. Read more...