Date: 25/10/2010

Mobile security client software grew 16% between Q1 and Q2 of 2010, says a study

Infonetics Research has come out with its updated 2010 Security Client Software market size and forecast report. This report forecasts that the worldwide revenue for mobile security client software has grown 16% between the first and second quarter of 2010

"The most interesting news in the mobile client security market right now is the heavy industry consolidation going on. Juniper acquired SMobile and is diving headfirst into the enterprise mobile security market; McAfee picked up two enterprise-focused mobile security companies: Trust Digital and tenCube; and Symantec picked up GuardianEdge. Consolidation will help drive strong growth in the mobile client security software market as larger vendors can put real marketing muscle behind the technology that they've acquired," notes Jeff Wilson, principal analyst for security at Infonetics Research.

Some of the key observations of this report are:
--The mobile security client software segment is forecast by Infonetics to grow at a 50% compound annual growth rate (CAGR) from 2009 to 2014
--Worldwide sales of desktop security client software have remained relatively steady following a surge in late 2009, with strong year-over-year growth expected for 2010
--Consumer-focused desktop client security solutions make up the largest segment of the security client software market, driven by the need to protect against Web-based threats and threats distributed through social networking sites like MySpace, Facebook, and Twitter
--Symantec continues its strong lead in the overall desktop security client software market, and McAfee and Kaspersky maintain their second and third positions, respectively
--Sales of security client software is strongest in North America, where nearly half of worldwide revenue is generated