IT industry analyst Gartner predicted that revenues in the sector will increase by 11.3 per cent over the course of the year to reach $16.5 billion (£10.5 billion).
The organisation's report pointed out that this compares to the $14.8 billion global security software revenue that was recorded in 2009, which was an increase of seven per cent on the previous year.
Ruggero Contu, principal research analyst at Gartner, commented: 'Most segments of the security software market will continue to grow over the next few years, although a significant degree of variation is expected between the more established and less mature technologies.'
He also predicted that the security sector will remain one of the strongest segments in the software market, due in part to its ability to be delivered through channels such as software-as-a-service, open source and outsourcing.
Last week, McAfee director of security Greg Day said that he expects new and more sophisticated forms of malware to emerge in the coming months.
The organisation's report pointed out that this compares to the $14.8 billion global security software revenue that was recorded in 2009, which was an increase of seven per cent on the previous year.
Ruggero Contu, principal research analyst at Gartner, commented: 'Most segments of the security software market will continue to grow over the next few years, although a significant degree of variation is expected between the more established and less mature technologies.'
He also predicted that the security sector will remain one of the strongest segments in the software market, due in part to its ability to be delivered through channels such as software-as-a-service, open source and outsourcing.
Last week, McAfee director of security Greg Day said that he expects new and more sophisticated forms of malware to emerge in the coming months.
