This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Safety First: Computer, Mobile Phone, Television and Automobile Producers Will Boost Industry Revenue Growth
The explosion of data, internet-enabled solutions and cloud services have stimulated the expansion of security software services. Companies purchase software to avoid heavy financial losses, damaged reputations or compromised data and sales. Revenue has skyrocketed at a CAGR of 17.8% over the past five years to reach $63.0 billion with a profit of 42.4% in 2023. Revenue jumped 14.0% in 2023 thanks to a widening customer base.
This industry develops and distributes antivirus, anti-keylogger, spyware removal, encryption and firewall software. Operators in the industry may also provide consulting and technical support related to this software.
Table of Contents
About this Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
Operating Conditions
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nortonlifelock Inc.
- Broadcom Inc.
- Mcafee, Inc.
Methodology
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