Kaspersky Lab Named One of the Fastest-Growing Vendors in Endpoint Security Space Among the Top 10 Vendors by Revenue

Kaspersky Lab Named One of the Fastest-Growing Vendors in Endpoint Security Space Among the Top 10 Vendors by Revenue

Kaspersky Lab, a leading developer of secure content and threat management solutions, has been ranked by Gartner as one of the fastest growing vendors in the global security software market, placing it among the top 10 vendors by revenue in 2010. The ranking was published in a special report that supplemented Gartner’s ‘Market Share: Security Software, Worldwide, 2010’* report, and analyzed 2010 revenue growth rates as well as vendor market share in the worldwide security market.

“We are very glad that such a renowned company as Gartner has noted our achievements and successful market growth,” said Eugene Kaspersky, CEO and co-founder of Kaspersky Lab. “The company’s success is based not only on financial gains but first and foremost on the exceptional quality of our products. Kaspersky Lab has always strived for constant development of our technologies, expertise and services on a global scale.”

In 2010, the company’s revenue growth in euros for consumer and enterprise endpoint security stood at 49% and 37% respectively, well above the market average. As well as mentioning EMEA as being Kaspersky Lab’s biggest market, the Gartner report also described regional growth trends as positive because they point to very fast expansion into Asia/Pacific and North America — key regions for future market opportunities.

An important part of company growth comes from enterprise endpoint security, a very mature area in which adoption rates are high and competition is fierce. Kaspersky Lab's success is based on a good channel partner strategy and the building of a strong brand and technical expertise. The other factors behind the company's inroad in the market are good execution in building an effective go-to-market strategy in the consumer sector, particularly on the retail channel, and a focus on anti-malware detection technology in the enterprise space.

*Gartner, Inc., Market Share: Security Software, Worldwide, 2010, Ruggero Contu, Matthew Cheung, March 30, 2011.

About Kaspersky Lab

Kaspersky Lab is the largest antivirus company in Europe. It delivers some of the world’s most immediate protection against IT security threats, including viruses, spyware, crime-ware, hackers, phishing, and spam. The company is ranked among the world’s top four vendors of security solutions for endpoint users. Kaspersky Lab products provide superior detection rates and one of the industry’s fastest outbreak response times for home users, SMBs, large enterprises and the mobile computing environment. Kaspersky® technology is also used worldwide inside the products and services of the industry’s leading IT security solution providers. Learn more at: www.kaspersky.com. For the latest on antivirus, anti-spyware, anti-spam and other IT security issues and trends, visit: www.securelist.com.

29 Jun 2011