Global security software revenue hit $690m in Q2

Staff writer
16 Sep 2015
00:00

Worldwide e-mail and web/malware security gateway appliance and software revenue was up 3% between the first quarter and second quarter of 2015, according to a new study from research firm IHS.

The report also showed that 65% of second quarter content security gateway revenue was from appliances, and 35% was from software

Network advance threat prevention sales reached $181 million in the second quarter, growing 63% over the year-ago quarter and SaaS revenue for messaging and web/malware security was $268 million, an increase of 38% over the second quarter in 2014.

In the report, which looks at three key markets in the content security gateway space—e-mail/web/malware security gateway products, content security SaaS solutions, and network ATP solutions—IHS forecasts network ATP revenue to grow at a 22% CAGR from 2014 to 2019, the fastest of any segment tracked in the report.

Jeff Wilson, research director for cybersecurity technology at IHS, said “though the market for traditional messaging and web/malware security gateway products is trending flat to down, network ATP and SaaS (software-as-a-service) are growing aggressively, signaling a shift to new deployment models and solutions that deal directly with unknown threats.”

“As with most new threat prevention technologies, network ATP will exist as a standalone solution and as a tightly integrated solution, for example as a module in a firewall or secure web gateway,” Wilson noted.

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