Managed Hosting News

 Thursday, 28th July 2011, 17:14:23

Less than half of software market 'belongs to top five security vendors'

Less than half of software market 'belongs to top five security vendors'

Businesses looking to adopt new security software in a bid to reduce the risk of cyber crime could be interested in the findings of a recent study.

New figures from Gartner have revealed that the top five security vendors account for just 44 per cent of the total market, which is worth $16.5 billion (£10 billion).

The 2010 results highlighted that the combined share for Symantec, McAfee, Trend Micro, IBM and EMC has dropped from 60 per cent since 2006.

Principal research analyst Ruggero Contu suggested that the emergence of new start-up companies had provided increased competition for the popular vendors.

"The information security market is in a continuous state of consolidation, but even fairly intense merger and acquisition activity has not stopped the market from being very fragmented," he added.

This news emerges after Rik Ferguson, director of security, research and communications for Europe, Middle East and Africa at Trend Micro,urged businesses to take action to protect their IT systems against the threat of phishing attacks on social networking websites.

Posted by Henry Thomas

Find out about High Availability, Highly Secure Managed Hosting Solutions from HostwayADNFCR-1984-ID-800638207-ADNFCR


Categories:  |  Security  |  


Related Headlines:

 27-07-2011: Social media 'could attract spam'

 25-07-2011: Website security lapses 'likely to continue'

 25-07-2011: Growth of malware 'requires new anti-virus solutions'

 20-07-2011: M86 report reveals increased internet security threat

 11-07-2011: Internet Central warns over BT spam email

Previous Headlines:

 28-07-2011: Telecom firms 'face considerable cloud services challenges'

 28-07-2011: Microsoft unveils plans for non-profit organisations

 28-07-2011: Mobile video streaming 'shows continued growth'

 27-07-2011: Ecommerce customers 'put off by slow delivery'

 27-07-2011: Walmart launches video streaming initiative


Meet the News Team...

CALL: 0808 180 1880

or just email our Sales Team if you have any questions about any of Hostway’s services.


News Categories:

Read the latest headlines from these selected categories...


News Archives:

Previous headlines...

* All prices exclude VAT where applicable. All plans, packages and offers are subject to terms and conditions of sale available on the site.

© Hostway Corporation. All rights reserved.

A global web hosting leader, Hostway has strategic locations in the United States and Europe, including the Netherlands, Belgium, France, Romania and Germany, as well as Korea, India, and Australia.