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Dec 2018 - Market Share - Doc # CA43245218

Canadian Security Products Market Shares, 2017: SaaS Provides New Opportunities for Vendors to Disrupt the Market

By: Kevin LonerganResearch Manager, Security and Infrastructure

Abstract

This IDC study reviews the top IT security products vendors in Canada. Factory revenue is collected from IDC's Canadian Security Software Tracker and Security Appliance Tracker. The top 5 vendors are highlighted and competitive details explored across seven security submarkets: endpoint, identity and access management (IAM), messaging, network, security and vulnerability management (SVM), web, and "other" security. The top vendors in the Canadian security products market are Symantec, Cisco, Palo Alto Networks, Check Point, and Fortinet. This document updates the previous study, Canadian Security Products Market Shares, 2016: Cloud Drives Competition (IDC #CA41970817, November 2017).

"Growth in the security products market has historically been driven by security hardware, but cloud adoption is shifting growth to SaaS solutions," says Kevin Lonergan, research manager, Security and Infrastructure. "Small, niche vendors are successfully taking market share from incumbents in multiple markets by offering easily consumable SaaS products."


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