Will the Shrinking Security Market Affect Security?

Sue Marquette Poremba
Slide Show

Five Security Budget Tips for 2011

Five tips that IT organizations should use to remind the business side why it needs to invest in security.

There are certainly a lot of emerging trends and predictions for what to expect in 2011, but what kind of market will be there to provide security?

 

It may not seem like it, but the security market is shrinking. While I personally am overwhelmed by the number of companies out there that provide security applications, software and development (you should see my inbox-on any given day, it seems like I'm introduced to someone new), I've also noted the rising trend of companies merging (I see plenty of e-mail announcements about that, too). 2010 saw a high number of such mergers.

 

Our views of how security is provided are changing as well. For example, Intel's purchase of McAfee could be a game-changer in how we handle security in our computers and networks. Will security be imbedded directly into computer chips? Will security be monitored differently?

 


In a CSO blog post, Bill Brenner pointed out that shrinking security isn't a new thought or concern. He writes:

A shrinking security market? Welcome to 2006. Mergers and acquisitions have been shrinking the market for several years now. This year was particularly active in that area. But this isn't a new thing.
Heck, I think it was the 2007 RSA security conference where Art Coviello, president of RSA, declared that the security market would be gone in three years. He meant that a lot of security vendors would be merged into other companies and that security would be more baked into the larger IT infrastructure. We have seen that happen, but the security market itself is still with us.

Brenner may be on to something. But then, 2007 was eons ago in technology years. My personal opinion is that the security industry will reinvent itself, and that the real effect on security will not be so much a shrinking security market but the ability to keep up with a smarter, more devious bad guy base.



Add Comment      Leave a comment on this blog post
Jan 27, 2011 5:02 AM Jim Jim  says:

Although the number of smaller security companies may be decreasing, I definitely expect many larger security hardware manufacturers to gobble up SaaS based security solutions in higher numbers. There are many more companies using hosted machines/ environments, corporate email services and crm databases that need to meet PCI. SEC and other compliances.

I expect to see more of the industry leaders lean toward providing some more SaaS based solutions in combination with their legacy hardware.

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