$52.1bn
$XX.Xbn
98,375
4,957
$XX.Xbn
When people think of personal safety, their minds often default to assaults, burglaries and fires; meanwhile, in today's digital age, financial and emotional damage from a cyberattack can be far more devastating while lurking unseen for years. Cybersecurity software attempts to protect people from digital threats by hardening systems to risk, identifying malicious activity and taking remediation action. The explosion of data, internet-enabled solutions and cloud services have stimulated the expansion of security software to new markets, particularly for small businesses. Revenue has skyrocketed at a CAGR of 10.3% over the past five years to reach $52.1 billion, with a profit of 28.9% in 2023. Even so, revenue increased just 2.8% in 2023 as the post-COVID spending explosion tailed off with inflation.
Industry revenue has grown at a CAGR of 10.3 % over the past five years, to reach an estimated $52.1bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Broadcom Inc. | 6,274.2 | 3,067.3 | 48.9 | |
Mcafee, Inc. | 1,861.5 | 365.6 | 19.6 | |
Nortonlifelock Inc. | 1,144.7 | 389.7 | 34.0 |
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Industry revenue is measured across several distinct product and services lines, including Data protection, Threat protection and Security management and analysis. Data protection is the largest segment of the Security Software Publishing in the US.
Internet security protects networks used by remote workers
This industry develops and distributes cybersecurity software and add-on security packages, which may include antivirus, anti-keylogger, spyware removal, encryption, firewall and other security-focused software. Operators in the industry may also provide consulting and technical support related to this software.
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NAICS 511210 - Security Software Publishing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The shift to e-commerce, launched forward by COVID, comes with higher rates of hacking, data breaches, fraud and cyberattacks. Businesses and governments recognize the threat...
Learn about an industry's products and services, markets and trends in international trade.
Extended detection and response (XDR) systems collect raw data from computers and mobile phones to detect cyber threats and coordinate a system-wide, unified response. As att...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
California remains a significant hub for software innovation and the technology underpinning security software, particularly threat protection and response by artificial intel...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Tight financial markets limit venture capital funding and force unprofitable security software developers to accept acquisitions. Customers purchasing different security soft...
Learn about the performance of the top companies in the industry.
NortonLifeLock and McAfee both underwent significant mergers in recent years. NortonLifeLock completed its merger with Avast in 2022, while McAfee transitioned from public to...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Data breach reporting has come under scrutiny around the world. Regulators want to know when and how corporations were hacked. Security software publishers can incorporate th...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Security software publishers spend significant portions of revenue on hiring and retaining skilled employees. Labor shortages didn’t affect software companies like other part...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Security Software Publishing in the US industry in United States is $52.1bn in 2024.
There are 4,957 businesses in the Security Software Publishing in the US industry in United States, which has grown at a CAGR of 6.7 % between 2018 and 2023.
The market size of the Security Software Publishing in the US industry in United States has been growing at a CAGR of 10.3 % between 2018 and 2023.
Over the next five years, the Security Software Publishing in the US industry in United States is expected to grow.
The biggest companies operating in the Security Software Publishing market in United States are Broadcom Inc., Mcafee, Inc. and Nortonlifelock Inc.
Antivirus software publishing and Firewall software publishing are part of the Security Software Publishing in the US industry.
The company holding the most market share in United States is Broadcom Inc..
The level of competition is high and increasing in the Security Software Publishing in the US industry in United States.