Posted by Virus Bulletin on Aug 1, 2007
Analysts report on industry growth and predict future growth.
According to analyst firm Frost & Sullivan, the worldwide market for anti-virus solutions reached US$4.68 billion in 2006 - an increase of 17.1% from the previous year. The analysts expect the market to grow at approximately 10.9% compound annual growth rate for the next six years, reaching US$9.69 billion by 2013. The firm cites an increase in end-user awareness of targeted online crimes such as identity theft, loss of enterprise data and extortion, as a driving force behind the growth of the anti-malware market.
Meanwhile, in a more localised round of number crunching and statistics bandying, it has been reported by Anti-Malware.ru that the Russian anti-virus software market grew by 49% in 2006, reaching $68.6 million. With a small consumer market thanks to the prevalence of software piracy in the region, the main growth areas were in sales of software to corporate and small to medium-sized business customers.
According to the report, Kaspersky Lab retains its place as market leader with a 36.3% share of the Russian market, followed by Symantec and Trend Micro. The Russian-founded Doctor Web sits in fourth place, while Eset made it into the region's top five for the first time in 2006, with a 292% record growth in the region.
Posted on 01 August 2007 by Virus Bulletin
