Global security software market is expected to grow at a double digit CAGR during the forecast period. Security software helps organizations to protect critical information and data stealing; therefore, companies in various end user industries are adopting security software. Increasing use of mobile devices, growing popularity of cloud and trend of bring your own device (BYOD) and choose your own device (CYOD) exposes organizations to worms, malware, and other threats, which is driving the security software market, globally. Increased demand of integrated security set is expected to provide opportunities for global security software market. However, availability of free pirated software might hamper the growth of the market.
Global security software market is segmented based on deployment type, service, type, enterprise size and region. Based on deployment type, cloud-based deployment mode dominated the market in 2021 and the trend is expected to prevail through 2027 as it helps to cut the additional operational cost. Additionally, it is the most preferred deployment mode for securing web and mobile applications. Based on type, mobile security software is expected to hold the lion’s share during the forecast period due to high usage of mobile devices and mobile applications.
Regionally, North America led the market in 2021 and the trend is likely to continue during the forecast period as well due to early adoption of technology and presence of major players in this region. However, Asia Pacific is expected to grow at the highest CAGR during the forecast period. This is due to rise in threats and vulnerabilities, which has led the countries in this region to invest heavily on security software.
Major players operating in the global security software market include IBM Corporation, Symantec Software Private Limited, McAfee, LLC, Dell EMC, TrendMicro Private Limited, Imperva, Inc., AVG Technologies, Cisco Systems, Check Point Software Technologies, Fortinet Technologies Private Limited, etc.
Objective of the Study
- To analyze and estimate the market size of global security software market from 2017 to 2020.
- To estimate and forecast the market size of global security software market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global security software market based on type of deployment, service, type, enterprise size, company and regional distribution.
- To identify dominant region or segment in the global security software market.
- To identify drivers and challenges for global security software market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global security software market.
- To identify and analyze the profile of leading players operating in global security software market.
- To identify key sustainable strategies adopted by market players in global security software market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of service providers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the service providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service providers, vendors and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Security software service provider companies, vendors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to security software
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | · Deployment Type · Service · Type · Enterprise Size |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea; Singapore, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia |
| Key companies profiled | IBM Corporation, Symantec Software Private Limited, McAfee, LLC, Dell EMC, TrendMicro Private Limited, Imperva, Inc., AVG Technologies, Cisco Systems, Check Point Software Technologies, Fortinet Technologies Private Limited. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
