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Security software sales up by 20% in 2011

Combined desktop and mobile security client software sales reaches $4.97 biillion up by 20% in 2011, said a report by Infonetics Research.

The mobile segment of the security client market grew by 76% in 2011 and is forecast to grow at a compound annual growth rate of 35% through 2016, growing 5 times as fast as the larger desktop segment.

“The emergence of the BYOD (bring your own device) phenomenon has forced companies to re-evaluate the types of computing devices their employees can and will use, and how they will be securely connected to corporate networks,” states Jeff Wilson, principal analyst for security at Infonetics Research.

He added, “This will have a major impact on the growth of the traditional client security market, the mobile device security market, and the relationship between the two.”

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Article source: http://www.voicendata.com/voice-data/news/164440/security-software-sales-2011

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