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Home - News & Analysis - Continues To Grow Faster than the Security Software Market
News & Analysis

Continues To Grow Faster than the Security Software Market

ISBuzz TeamBy ISBuzz TeamJuly 8, 20153 Mins Read
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Grow Faster than the Security Software MarketChosen strategy ranked the maker of award-winning ESET NOD32® technology in top5 of IT security vendors in the consumer security software and endpoint protection platform market based on 2014 total market share revenue Worldwide.

ESET, global pioneer in proactive protection for more than two decades, announces that its growth outpaces the worldwide security software market, as reported by Gartner, the world’s leading information technology research and advisory company based on 2014 market share revenue.

The security market grew 5.3% in 2014, touching $21.4 billion in revenue, according to Gartner’s Market Share: All Software Markets, Worldwide, 2014 report. With new technologies and software being adopted by businesses around the world, the number of vulnerabilities for cyber-criminals to exploit will grow multiple times. Worldwide spending on information security will reach $71.1 billion in 2014, an increase of 7.9 percent over 2013, with the data loss prevention segment recording the fastest growth at 18.9 percent, according to the latest forecast from Gartner, Inc. Total information security spending will grow a further 8.2 percent in 2015 to reach $76.9 billion,” according to Gartner.

According to Gartner Market Share: All Software Markets, Worldwide, 2014 report, ESET has recorded growth of 8.0% during 2014 in the consumer security software and endpoint protection platform (enterprise) markets, improving its market share from 4.0% in 2012 to 5.1 % in 2014.

“Being ranked in the top 5 vendors by market share in consumer security software and endpoint protection platform was our target for this year and we are happy to see that we have achieved that result.” said Ignacio Sbampato, Chief Sales and Marketing Officer at ESET. “We feel this growth is a confirmation that more and more companies and consumers around the world trust our solutions to protect their devices and data.”

Moving up in 2014 as forecasted by the company itself, ESET is ranked among the top 5 security software vendors in consumer security software and endpoint protection platform market by market share, registering a 7.2% growth in consumer security and 8.6% in endpoint protection platform software.

In 2014 ESET has been focusing on delivering proactive protection to more than 100 million active users globally. To better protect consumers against evolving cybercrime, the company has added Botnet Protection and Enhanced Exploit Blocker to the core features of ESET Smart Security 8, and has also refined and fine-tuned ESET Mobile Security to offer better protection to mobile device users.

For 2015, ESET has introduced its completely redesigned and re-engineered next-generation business security products that offer maximum proactive protection with low impact on company infrastructure through the new ESET Remote Administrator and ESET Endpoint Security solutions that include a wealth of new features, such as Botnet Protection, Exploit Blocker and Anti-Phishing.

ISBuzz Team
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The opinions expressed in this post belong to the individual contributors and do not necessarily reflect the views of Information Security Buzz.

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