|
|
| Gartner Dataquest Says Worldwide Security Software Market to Top $6.7 Billion in 2004 | |
| Analysts Say Telecom Policy Does Not Create Competitive Industries | |
| San Jose, Calif., October 3, 2000 - The worldwide security software market is on pace to reach $3.2 billion in 2000, an increase of 22 percent over 1999 revenue of $2.5 billion, according to Dataquest Inc., a unit of Gartner Group, Inc. (NYSE: IT and ITB). The market is projected to grow at a compound growth rate of 21.7 percent through 2004 when revenue will surpass $6.7 billion. | |
| The security software market is made up of multiple disciplines, and few vendors focus on only one aspect of the market. Management framework vendors such as Computer Associates, IBM/Tivoli and Hewlett-Packard are increasing the focus on security in their core offerings. | |
| "With the Internet offering new opportunities for intrusion and distribution of malevolent code, and with it also offering new opportunities in the skyrocketing e-commerce space, software vendors are looking to strengthen and expand their security software offerings," said Carolyn DiCenzo, chief analyst for Gartner Dataquest's Network, System and Storage Management Software Worldwide program. "Services will become more important in support of security products, but also as a way to deliver solutions to customers." | |
| Antivirus products represented 31 percent of the security software market in 1999, led by Network Associates with 43.8 percent of the market. Symantec came in second with 33.8 percent and Trend Micro third with 11.9 percent share. Looking at the portion of the security market without the antivirus products included found IBM and Computer Associates vying for the top slot with 22.6 and 22.3 percent market share respectively. Both offer a wide range of offerings than span the desktop to the mainframe. | |
| "As Internet and e-commerce applications mature, security will gain increased focus, creating more opportunity for vendors," Ms. DiCenzo said. "Vendors of point solutions that are not best-of-breed need to widen their portfolios to address the limited market for suite-type solutions or look for merger or acquisition partners." | |
| Additional analysis is available in the Research Brief titled "Internet and E-Commerce Drive Security Software Growth." This brief addresses the size of the security software market, the market leaders and includes the five-year forecast. Detailed data and forecast on this market is available in the Gartner Dataquest Market Statistics report "1999 Management Software Market Share". | |
| This document is published by Gartner Dataquest's Network, System and Storage Management Software Worldwide program. This program provides in-depth market analysis of network, system and storage management software (NSSM) markets to help developers, business planners and investors understand the industry dynamics, movers and shakers, and competitive trends. More information on this program is available on Gartner Dataquest's Web site at www.dataquest.com/public/static/home/ourservices/scopes/n04nssmwww.html. | |
| To subscribe to this program, please call 800-419-DATA, or 408-468-8009. More information about Gartner Dataquest's programs, descriptions of recent research reports, and full text of press releases can be found on the Internet at www.gartner.com. | |
| Additional analysis on the outlook for the software industry will be provided during Gartner's Symposium/ITxpo 2000, October 16-20 in Lake Buena Vista, Florida. This event is the IT industry's largest and most strategic conference providing business leaders with a look at the future of IT. Some of the speakers at this year's event include Hewlett-Packard's chairman and CEO, Carly Fiorina; Sun Microsystems' chairman and CEO, Scott McNealy; and Microsoft's president and CEO, Steve Ballmer. To register for Gartner's Symposium/ITxpo 2000, please call 1-800-778-1997 or 1-203-316-6757, or go to www.gartner.com/symposium. Members of media can register by contacting Lisette Kwong at 1-212-320-2330 or lkwong@tsicomm.com. | |
| Gartner Dataquest is the recognized leader in providing the high-technology and financial communities with market intelligence for the semiconductor, computer systems and peripherals, communications, document management, software, and services sectors of the global information technology industry. | |
| Gartner provides unrivaled thought leadership for more than 10,000 organizations, helping clients to achieve their business objectives through the intelligent and efficient use of technology. Additionally, Gartner helps technology companies identify and maximize technology market opportunities. Gartner's technology content and strong brand reach IT professionals globally through Gartner Research, its research and advisory unit, Gartner Services, its custom consulting unit; Gartner Events, including Gartner's renowned Symposia; and, at www.gartner.com. Gartner subsidiary TechRepublic, Inc. ( www.techrepublic.com) is the leading online destination developed exclusively for IT professionals by IT professionals. Gartner, founded in 1979 and headquartered in Stamford, Connecticut, achieved fiscal 1999 revenues of $734 million. Gartner's 4,000 associates, including 1,200 research analysts and consultants, are in more than 80 locations worldwide. For more information about Gartner's industry-leading products and services, please visit us on the Web at www.gartner.com. | |
| CONTACT: | |
|
