Security Software Publishing in the US - Industry Market Research Report

Security Software Publishing in the US - Industry Market Research Report

Security Software Publishing in the US

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.

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.