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The IT security industry is not consolidating

Richard Stiennon | March 16, 2016
A careful count of the number of IT security vendors around the world reveals unprecedented growth.

The Data security bucket (169) includes all the encryption and digital certificate solutions. This space will continue to boom as the industry scrambles to counter the latest threat: government surveillance.

GRC has 190 participants. Many of the vendors will not be happy that I lump them in this bucket, but here is where vulnerability management, SIEM, log management, and risk management vendors belong.

There are other buckets and I will be writing about each of them. Anti-fraud is a big business with 43 vendors. Cloud security has 29 pure plays. Threat intelligence has 31 vendors but that belongs in a bucket I am calling Cyber Defense which also includes the breach detection, advanced malware defense, incident response, and security analytics, sectors.

This is not an industry that is consolidating. It is growing by every measure: sales, number of vendors, number of countries with vibrant security eco-systems, and number of industry analysts needed to cover it.

Source: CSO 

 

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