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According to Technavio’s market research analyst, the global antivirus software package market will grow impressively at a CAGR of almost 10% by 2020. The recent increase in the number of online transactions will spur the growth prospects for antivirus software package market during its forecast period. At present, most consumers are extremely reliant on the Internet for a number of transactions, especially banking and e-commerce transactions. Online transactions are gaining prominence among individual consumers because they are very easy, quick, and highly convenient. However, since these banking and e-commerce transactions are extremely vulnerable to cyber attacks, vendors in the market have been compelled to incorporate advanced features in their antivirus software packages for payment security to prevent fraudulent activities.
Another key trend that will ameliorate this market’s growth prospects is the advent of cloud-based antivirus software. Since the cloud is a convenient and cost-effective way of storing critical business data, its rate of adoption is increasing among SMEs across the globe. This recent increase in the dependency on the cloud coupled with the budgetary constraints of SMEs will augment the demand for cloud-based antiviruses over the next four years. Cloud-based antiviruses do not require any hardware or software and are controlled remotely, making them cost-effective for end-users.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by device
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Buying criteria
PART 11: Impact of drivers
PART 12: Market growth inhibitors
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Five forces model
PART 16: Vendor landscape
PART 17: Description of major vendors
PART 18: Assumptions
PART 19: Key insights
PART 20: Appendix
PART 21: Explore Technavio
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