This IDC study provides an analysis of the Latin America enterprise security products market, including revenue figures for software and hardware security products in 2023.Please be advised that the consumer digital life protection (CDLP) market, which forms part of endpoint security, has been excluded from the revenue figures in this analysis.According to Emanuel Figueroa, senior research analyst, Security and Trust at IDC, “Despite the inherent risks in macroeconomics, society, and politics, there exists an imperative to enhance technological risk management due to the emergence of new applications, channels, and infrastructure, as well as the adoption of transformative shifts like cloud computing. Furthermore, the identification, safeguarding, and anticipation of novel threats, along with the growing need for data protection, have led to a reevaluation of the business value associated with these products.”
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
The Benefits of Automation and Rationalization Are Evident, Yet Latin America Is Still Addressing Foundational Needs
Integration and Usability Key Pillars of Improved Security Operations
Market Share
Who Shaped the Year
CrowdStrike
Microsoft
Palo Alto Networks
Trend Micro
Zscaler
Market Context
Network Security: A Foundation for Resilience in Latin America
Endpoint Security: At the Heart of LATAM Organizations’ Security Strategy
CNAPP: The Future of Cloud Security, Logical Next Step After Identity and Access Management
Significant Market Developments
Methodology
Market Definition
Security Products Market
Cloud-Native Application Protection Platform
eDiscovery and Forensics
Endpoint Security
Governance, Risk, and Compliance
Network Security
Identity and Access Management
Information and Data Security
Security Analytics
Related Research
Research Assistance
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