Dubai - MENA Herald: Bit9 + Carbon Black, the leader in Next-Generation Endpoint Security (NGES), has been named the market share leader in the endpoint security segment by leading industry analyst IDC in its recent report titled ‘Worldwide Specialized Threat Analysis and Protection (STAP) Market Shares, 2014: Rapidly Evolving Security Defenses.’
In its report, IDC has cited Bit9+Carbon Black’s 37 per cent market share based on revenue. The company’s revenue is nearly three times that of its nearest competitor, it added.
The STAP report divides the security market into three segments—boundary, internal network analysis and endpoint—with endpoint being the fastest growing with an estimated compound annual growth rate (CAGR) of 48 per cent through the end of the decade. It also describes the merger of Bit9 and Carbon Black as one of the most significant market developments.
“Bit9’s acquisition of Carbon Black has helped fuel interest in modernizing endpoint defenses, which have been relying heavily on signature-based technology to detect malware. New concepts are being introduced that incorporate endpoint agent or sensor technology to increase visibility and give incident responders more context into alerts and control over infected systems,” STAP said.
Patrick Morley, CEO of Bit9 + Carbon Black, said: “We are thrilled that IDC has named us the market share leader in endpoint security. The company’s leadership in the fast-growing endpoint security market reflects our success in combining the unique capabilities of Bit9 and Carbon Black to deliver highly-valued NGES solutions to our global customers.”