Growing Demand in Antivirus Market Attributed to Thriving IT Sector

Global Antivirus Market: SnapshotAntivirus software is used to prevent and remove malwares such as computer viruses, ransomware, trojan horses and keyloggers to enhances the computer system’s performance. As per Microsoft annual report (2017), more than 100 million people use Office 365 commercial and more than 27 million consumers use Office 365 Home & Personal across devices. The abundance use of mobile phones, PC’s and other electronic gadgets tailgated by data breaches is proliferating the demand for antivirus solutions.

Enterprise security is on pace and is forecast to stroke the antivirus market demand and escalate awareness for paid antivirus solutions, similarlythe flourishing smartphones arcade willlodge new opportunities for market vendors in the individual segment. A prominent market player, Kaspersky, states that about 282,807,433 unique URLs were recognized as malicious and computers of 179,934 unique users were registered for ransomware attacks by May 14, 2018 and the figures are anticipated to grow, which sequentially will increase the demand in the antivirus software market.

According to a recent business intelligence report from IndustryARC, a research and consulting firm, the revenue in the antivirus software market will grow at a healthy CAGR of 20% in terms of value over the forecast period of 2018 to 2023. The report is titled "Antivirus Market : By Deployment (In premises, On cloud, both); By Source (Paid, Unpaid); By Installation type (On access, On demand, Hardware); By End User (Consumers, Businesses); By Type of market (Offline, Online), By Platform (Laptop/PC, Mobile/Tablet); By Functions (Virus Detection, System Analysis, Malware Removal, File Quarantine, Online Security, Threat Identification, Data Protection, Others ); By Geography - Forecast(2018-2023)." The major key players in the market are Bitdefender, Kaspersky,andNortan. Moreover, some common antivirus used for system security are AVG, Avast, and McAfee antivirus.

Antivirus Market Trends:Increasing use of internet services has ascended the popularity of cloud based antivirus. As per the United Nations report, 70% of global population by 2017 had mobile broadband subscription.Cloud security segment is the latest innovation for internet security solutions. By relying on cloud technology to process andscan data, the user only needs to scan the system periodically which eventually cut back the amount of processing power to keep a system safe and user-friendly. Microsoft in the year 2017 accumulated $18.9 billion via commercial clouds which is a positive indication for cloud security market.

Indian government in 2017 launched a new campaign under the Digital India initiative, "Cyber Swachhta Kendra"(Botnet Cleaning and Malware Analysis Centre) to create a secure cyber space by detecting and notifying botnet infections correspondingly. It is being operated by the Indian computer emergency response team (CERT-In) under provisions of section 70B of the Information Technology (IT) act,2000. Such developments by governments are very effective in spreading awareness among internet users and diverting traffic towards antivirus market.

Endpoint security is the novel technology designed to secure each nodes of the network created by connected.devices. It consists of a central node that manage and access other end nodes. This security system is gaining traction owing to the remote access it delivers.. IBM, a leading market player in endpoint security solutions delivered a revenue of $79.1 billion in 2017. Such solutions are employed in organizations to restrict certain website access to users in order to maintainand work in compliance with the organization's policies and standards.

Conclusion:With Microsoft delivering $90 billion in revenue and 6 billion smartphones estimated to enter market by 2020, the global antivirus market demand is rapidly increasing to prevent and remove malwares that affects the system performance. The extensive usage of electronic gadgets is the key factor driving the market. Cloud security and Endpoint security are the latest technologies contributing major share in the market.

Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=18650

Related Reports:

Cyber Security Market:https://industryarc.com/Report/15646/cyber-security-market.html

Electronic Security System Market:https://industryarc.com/Report/15690/electronic-security-system-market.html

Internet Security Market:https://industryarc.com/Report/15234/internet-security-market.html

What can you expect from the report?The Antivirus Market is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)2. Market trends & Relevant Market Data 12. Country level Analysis3. Manufacturer Landscape 13. Competitor Analysis4. Distributor Landscape 14. Market Shares Analysis5. Pricing Analysis 15. Value Chain Analysis6. Top 10 End user Analysis 16. Supply Chain Analysis7. Product Benchmarking 17. Strategic Analysis8. Product Developments 18. Current & Future Market Landscape Analysis9. Mergers & Acquisition Analysis 19. Opportunity Analysis10. Patent Analysis 20. Revenue and Volume Analysis

Frequently Asked Questions:Q. Does IndustryARC provide customized reports and charge additionally for limited customization?Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:1. Increase the level of data in application or end user industry.2. Increase the number of countries in geography chapter.3. Find out market shares for other smaller companies or companies which are of interest to you.4. Company profiles can be requested based on your interest.5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Media Contact:Mr. Venkat ReddySales ManagerEmail 1: sales@industryarc.comOr Email 2: venkat@industryarc.comContact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.