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Market |
Information Technology |
Report Type |
Company Profile |
Country |
Global |
Published |
5 February 2010 |
Number of Pages |
13 |
- |
|
Publisher |
Ovum |
Symantec, the fifth-largest software vendor in the world, continues to be the largest software vendor in the security, data protection, storage management and business continuity sector of the market by a large margin. The company’s strong position in the security space is not surprising: it has a unique market footprint, in terms of both its range of products and mix of customers. While the economic downturn has not exactly helped matters for security vendors, an increasing demand for cloud-based security services will bring about a paradigm shift in the market and the way vendors position their security offerings. Symantec, with its breadth of online backup services and its information protection products, is well poised to grow its revenues in the next few years.
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