ESG Research Report: The Shifting Cybersecurity Landscape

Abstract:

The cybersecurity industry is populated with a plethora of vendors offering discrete solutions representing a fragmented market, historically absent of dominant leaders. The influx of venture capital funding, and, more recently, the participation of private equity firms, have contributed to a growing number of players vying for buyer mindshare and budget. However, notable M&A activity, including Symantec’s acquisition of BlueCoat, and the TPG Capital-led spinout of Intel Security, coupled with anecdotal customer feedback about point tool fatigue, indicate the cybersecurity market is at a tipping point, one that could lead to centers of power, vendor-centric ecosystems, and the emergence of a small group of enterprise-class cybersecurity vendors. These dynamics were the impetus for ESG to conduct research on both the rise of enterprise-class cybersecurity vendors and the requirements of enterprise-ready cybersecurity platforms.

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Topics: Cybersecurity