security software

BYOD Spurs Growth of Security Market-Gartner Says

IT research firm Gartner, Inc. says that in 2012, BYOD has fueled the growth of the worldwide security software market by 7.9 percent per year. This year, Gartner predicts the growth to reach 8.7 percent and will be worth $67.2 billion compared to $61.8 billion in 2012. And in four years, Gartner estimates that the global security software market will be worth $86 billion.

Analysts from the IT research firm announced their forecast during Gartner's Security and Risk Management Summit on June 10-13, 2013 in National Harbor, Maryland.