Tag: Symantec

Security software market up 3.7% in 2015

GartnerWorldwide security software revenue hit US$22.1 billion in 2015, a 3.7 percent increase in from 2014, according to Gartner.

Security information and event management (SIEM) remained the fastest-growing segment in 2015, with 15.8 percent growth, while consumer security software showed the sharpest decline at 5.9 percent year on year.

In 2015, the top five vendors together accounted for 37.6 percent of the security software revenue market share, down 3.1 percentage points from 2014. These vendors also displayed a collective decline of 4.2 percent in 2015, while the rest of the market (Others) grew strongly at 9.2 percent year on year.