Market Scenario:
The Antivirus Software Market will develop at a 10.8% CAGR between the forecast period 2020- 2026, according to the new Market Research Future (MRFR) antivirus statistics analysis. Antivirus software, simply put, is a program that has been designed to prevent, detect, search for, and remove viruses as well as other malicious software such as Adware, Trojans, and worms. This antivirus is used by government institutions, enterprises, and individuals.
Various factors are propelling the global antivirus software market revenue. As per the MRFR report, such factors include a rising number of cyber-attacks and cybercrimes through malware like adware, viruses, and Trojans, increasing use of paid antivirus software and antivirus protection product, initiatives by the government for cybersecurity, growing adoption of smartphones, and use of external devices like media cards and USBs.
In a nutshell, COVID-19 impact on managed services has been fruitful, with the market growth enhanced than before. Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.
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Competitive Outlook:
Key contenders profiled in the global antivirus software market report include Cheetah Mobile, Inc. (China), Beijing Rising Information Technology CO., LTD. (China), AHNLAB, INC. (South Korea), Microsoft Corporation (US), Comodo Security Solutions, Inc. (US), Quick Heal Technologies Limited (India), Tencent (China), BEIJING QIHU KEJI CO. LTD (China), Avira Operations GMBH & CO. KG. (Germany), Data Cyberdefense AG (Nordrhein-Westfalen), F-Secure (Finland), Fortinet, Inc. (US), Avast Software S.R.O. (Czech Republic), Trend Micro Incorporated (Japan), Kaspersky Lab (Russia), Bitdefender (Romania), SPOL. S R.O. (Slovakia), ESET, Mcafee, LLC (US), and Symantec Corporation (Broadcom Inc.) (US).
Industry News
The global Antivirus Software Market Size Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Antivirus Software Market Size Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Antivirus Software Market Size for the forecast period.
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