Powerful Trends Impacting the Global Antivirus Software Package Market



If it is clear that, Malware, viruses, Trojans, and worms threats are becoming more complex and have found more channels for propagation in computer systems; it is also obvious that, Antivirus software vendors can tap into this reality to boost the sales of antivirus software and increase their customer base and geographical reach.
 
In fact, we live in an ever-connected world where Increasing number of applications, make mobile devices more vulnerable to virus attacks and where high-end smartphone users prefer online banking payment transfers, mobile banking, mobile commerce, and more.

According to Technavio’s latest report on the global antivirus software package market, the global antivirus software package market is likely to exceed USD 36 billion by 2019, growing at a CAGR of over 9%. 

Among powerful emerging trends influencing the global antivirus software package market according to Technavio’s ICT research analysts, we have:
Popularity of cloud-based antivirus software
Cloud-based antiviruses do not require any hardware or software and are controlled remotely, making them cost-effective for end-users.
Cloud-based antivirus software provides quicker response to new threats or malicious activities. Cloud-based antiviruses are updated on the central server in the cloud and immediately available to all end-users. The Internet is required for automatic updates to the virus signatures. 

However, it is safer to adopt the cloud-based antivirus along with a traditional desktop antivirus to mitigate the risks.

Partnerships between antivirus software vendors and telecom vendors
There is an increasing number of partnerships among antivirus software vendors, smartphone manufacturers, and telecom services providers, which is supporting the growth of the global antivirus software package market. 

Increased adoption of BYOD
Employees need to access and store confidential information on their mobile devices, which has increased the need to protect data. As personal mobile devices are being used for professional purposes, it has become extremely important to protect the data being transmitted in order to reduce the chances of unauthorized access to data. 

Some of the top six vendors in the global antivirus software package market include:
  • AVAST Software
  • AVG
  • Avira
  • Symantec
  • McAfee
  • Microsoft