The market for next-generation endpoint security tools has doubled each of the last two years, and will continue to grow at a compound annual growth rate of 67 percent for the next five years — but that growth could skyrocket if more vendors are certified as antivirus replacements.
Growth has been dramatic because most of the vendors are still very young, said David Monahan, research director at Enterprise Management Associates.
With new companies, even a small increase in revenues can translate to a high percentage growth rate.
“In addition, organizations recognize they need better prevention or detection and are buying at a break-neck pace to augment their current protection,” he said. “The thought is that antivirus protects against nuisance threats and the new stuff can then focus on the rest.”