One of the leading factors driving the Security Software for Consumers market is the ever-increasing complexity of security threats. Also, hackers use consumer systems and IPs to perform cyber-attacks such as distributed denial of service (DDoS). Hence, consumers are adopting security solutions to protect their system from security threats.
The market is witnessing a consolidation wave with large vendors acquiring smaller vendors for technological knowledge, which helps them to offer converged security solutions. Through this, organizations will be able to provide complete solutions to their customers more cheaply and can expand their presence. For instance, large companies such as McAfee and Trend Micro are carrying out acquisitions either to enter the market or to enhance their offerings.
The Global Security Software for Consumers market is set to grow at a CAGR of 8 percent over the period 2011–2015. One of the key factors contributing to this market growth is the increasing broadband penetration. The Global Security Software for Consumers market has also been witnessing the convergence of security solutions. However, the increasing availability of pirated security solutions could pose a challenge to the growth of this market. Report Scope
TechNavio's report, the Global Security Software for Consumers Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Security Software for Consumers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Symantec Corp., McAfee Inc., Kaspersky Lab ZAO and Trend Micro Inc.
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